The San Carlos Real Estate Week in Review: 8-10-13.

San Carlos Real Estate Summary.

This past week, I posted an article about how home prices are booming in the Clearfield Park section of San Carlos, and how one home recently broke the $900,000 mark for the first time in this region.  Well, that record was short lived as 1008 Springfield Drive closed this week for $1,022,000 — easily setting a new record for the region.

New listings were slow this week, as one might expect for mid-August.  Things should start to pick up in the next few weeks as the beginning of the Fall market approaches.

Here are the numbers from last week:

By The Numbers.

Below is a high-level snapshot of the market performance for single-family residences in San Carlos. This data is for the week ending 8-10-2013:

San Carlos Housing Data	8-10-13	Prior Week
Closed Sales for the Week:	10	5
Average Sold Price	$1,370,300	$1,260,000
Average $/Sq Foot (Sold)	$657	$750
Sold Price vs Orig List (%)	100%	115%
Average DOM of Closed Sales	14	11
No. of Homes Pending Sale:	20	27
Inventory of Active Listings:	24	27
Average Price of Active Listings:	$1,541,156	$1,560,585
Average DOM of Active Listings:	37	36
Average $/Sq Foot (List)	$624	$617
Active-Pending Ratio:	1.2 : 1	1.0 : 1

The San Carlos Open House Page.

If you're looking at open houses this weekend in San Carlos, check out the San Carlos Open House List. With one click on the Open House sign below, you'll get a “live” list of all the homes and condos that will be open this weekend in San Carlos! It's updated continuously from the MLS, so bookmark this link and you'll never have to wander around town looking for open houses again.

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Single-Family Homes SOLD in San Carlos:

Below is a list of the single-family home contracts that closed escrow this past week in San Carlos. Click on the address of each to see the complete details.

Address	Sold Price	Orig. List	Difference	DOM
108 Wildwood Avenue	$2,210,000	$2,098,000	+$112,000 (+5.3%)	7
195 Exeter Avenue	$1,891,000	$1,999,000	-$108,000 (-5.4%)	35
883 Cedar Street	$1,500,000	$1,699,000	-$199,000 (-11.7%)	27
248 Devonshire Boulevard	$1,350,000	$1,269,000	+81,000 (+6.4%)	5
1351 Arroyo Avenue	$1,300,000	$1,299,000	+1,000 (+0%)	12
870 Cabot Court	$1,400,000	$1,475,000	-75,000 (-5.1%)	13
248 Edgehill Drive	$1,130,000	$1,199,000	-$69,000 (-5.8%)	22
448 Emerald Avenue	$1,100,000	$1,010,000	+$90,000 (+8.9%)	2
1008 Springfield Drive	$1,022,000	$899,500	+$122,500 (+13.6%)	4
1010 Cherry Street	$800,000	$799,000	+$1,000 (+0.1%)	12

Note: The sold data provided above is strictly for informational purposes only, and should not imply that the author was involved in either side of the transaction.

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Single-Family Homes Pending Sale in San Carlos:

The following homes went “Pending Sale” this week. Click on the address to see more details:

Address	DOM (days)	List Price
810 Buckland Avenue	10	$899,000
74 Vine Street	9	$1,100,000
119 Oakview Drive	14	$898,000
903 Hall Street	82	$849,000

Note: The pending data provided above is strictly for informational purposes only, and should not imply that the author was involved in either side of the transaction.

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New Single-Family Home Listings in San Carlos:

Below are the new listings that hit the market this past week in San Carlos. Simply click on the address of each home to get the complete details.

Address	List Price	BR/BA	Sq Ft (home/lot)	Listed By
355 Phelps Road	$1,310,000	3BR/2BA	2,190/5,300	Bette Carr-Walton, Walton & Walton
1002 Holly Street	$649,950	2BR/1BA	930/5,850	Dennis Pantano, Pantano Properties

Note: The listing data provided above is strictly for informational purposes only, and should not imply that the author is the listing agent.

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