The San Carlos Real Estate Week in Review: 9-7-13.

Watching the Calendar.

Now that we are past the Labor Day Weekend, some buyers are starting to nervously watch the calendar and wondering if they're going to find their home before we settle in for the traditional slow-down after the Thanksgiving holiday.    The good news is that we still have a good solid 2-2.5 months of market time before we hit that point.  And from discussions that I have had with other Realtors, as well as other professionals who are typically involved in the preparation of a listing (inspectors, stagers, title reps), they are all extremely busy right now — which seems to indicate that we're going to have a very robust inventory turn during this Fall market.   If the past few weeks are any indication, there should be plenty to see in the upcoming month.

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 9-7-2013:

San Carlos Housing Data	9-7-13	Prior Week
Closed Sales for the Week:	3	3
Average Sold Price	$1,155,000	$1,221,963
Average $/Sq Foot (Sold)	$759	$638
Sold Price vs Orig List (%)	112%	112%
Average DOM of Closed Sales	12	17
No. of Homes Pending Sale:	32	29
Inventory of Active Listings:	22	22
Average Price of Active Listings:	$1,458,990	$1,466,586
Average DOM of Active Listings:	31	31
Average $/Sq Foot (List)	$601	$639
Active-Pending Ratio:	0.69 : 1	0.76 : 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	DOM119
119 Oakview Drive	$1,205,000	$898,000	+$307,000 (+34.2%)	14
1414 Cordilleras Avenue	$1,160,000	$995,000	+$165,000 (+16.6%)	7
2711 Clifford Avenue	$1,100,000	$1,199,000	-$99,000 (-8.3%)	16

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
2668 Thornhill Drive	48	$860,000
1028 Northwood Drive	8	$699,000
212 Windsor Drive	15	$899,000
369 Club Drive	14	$1,788,000
245 Manor Drive	7	$1,199,000
1549 Chestnut Street	7	$1,218,000

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
94 Loma Road	$1,450,000	4BR/2.5BA	2,870/9,594	Wes Olson, WR Properties
602 De Anza Avenue	$999,000	3BR/2BA	1,900/6,612	Owen Halliday, Sereno Group
346 Cedar Street	$988,889	4BR/1BA	1,584/6,700	Donna Marie Baldwin, Coldwell Banker
2704 Eaton Avenue	$979,000	3BR/2BA	1,500/5,000	Cheryl Jenkins, Coldwell Banker
1201 Oak Street	$879,000	3BR/3BA	1,950/9,000	Tom Huff, Coldwell Banker

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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