The San Carlos Real Estate Week in Review: 10-19-13.
October 21, 2013
The real estate market in San Carlos has seemed to survive everything that has been thrown at recently — rising interest rates, temporary government shutdown, and the corresponding stock market volatility — and yet it keeps chugging along. This past week's home closing data showed us that homes in San Carlos are still selling at a blistering pace, and are fetching significant premiums over the asking price (111%).
Even though only 5 listings went pending this week, the majority of these saw fierce competition and garnered multiple offers, as you will see when the sales numbers are published after they close escrow. So buyers take heed that the market is still ultra-competitive here in San Carlos — and should remain so throughout the fall/winter buying season.
Here are the numbers for 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 10-19-2013:
|San Carlos Housing Data||10-19-13||Prior Week|
|Closed Sales for the Week:
|Average Sold Price
|Average $/Sq Foot (Sold)
|Sold Price vs Orig List (%)||111%||97%|
|Average DOM of Closed Sales||24||28|
|No. of Homes Pending Sale:||22||28|
|Inventory of Active Listings:
|Average Price of Active Listings:||$1,550,615||$1,485,781
|Average DOM of Active Listings:||42||31|
|Average $/Sq Foot (List)||$577||$598|
||0.73 : 1||0.68 : 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.
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||Days on Market
|76 Bay View Drive||$1,770,000||$1,675,000||+$95,000 (+5.7%)
|40 Hartford Avenue||$1,305,000||$999,000||+$306,000 (+30.1%)
|262 Cedar Street||$1,269,000||$1,079,000||+$190,000 (+17.6%)
|55 Shelford Avenue||$1,237,500||$999,000||+$238,500 (+23.9%)
|300 De Anza Avenue||$1,210,000||$1,087,000||+$123,000 (+11.3%)
|20 Barbara Lane||$1,140,000||$998,000||+$142,000 (+14.2%)
|602 De Anza Avenue||$1,090,000||$999,000||+$91,000 (+9.1%)
|903 Hall Street||$825,000||$970,000||-$145,000 (-14.9%)
|2133 Brittan Avenue||$765,000||$749,000||+$16,000 (+2.1%)
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.
(Click the “Homes Sold” sign below see all of the homes that have sold in San Carlos in the past 3 months.)
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|
|124 Chesham Avenue||12||$1,659,000|
|34 Stanford Lane||5||$975,000|
|1137 Woodland Avenue||9||$889,000|
|1500 Saint Francis Way||7||$1,295,000|
|1089 Porto Marino Drive||17||$1,199,000|
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.
(Click the “Homes Pending Sale” sign below to see ALL the homes that are Pending Sale in San Carlos.)
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|
|3142 La Mesa Drive||$1,399,000||5BR/3BA||2,660/9,990||Tim Earley, Coldwell Banker|
|870 Crestview Drive||$1,398,000||4BR/2BA||2,250/8,262||Jaime Jones, Intero|
|9 Devonshire Boulevard||$989,000||3BR/2BA||1,640/10,560||Marcus Lee, Climb Real Estate|
|153 Palm Avenue||$839,000||3BR/2BA||1,430/5,550||Kate Finnigan, Intero|
Note: The listing data provided above is strictly for informational purposes only, and should not imply that the author is the listing agent.
(Click the “Homes For Sale” sign below to see ALL of the homes currently for Sale in San Carlos.)
Condos and Townhomes Sold in San Carlos:
Below are the condos/townhouses that sold this past week. Click on the address for all of the details:
|Address||Sold Price||Orig. List||Difference||DOM|
|1119 Royal Lane||$1,200,000||$1,075,000|| +$125,000 (+11.6%)
(Click the “Condos Sold” button below to see all of the condos and townhomes that have recently sold in San Carlos)
Condo/Townhouse Pending Sales in San Carlos
The following condos/townhouses are now pending sale:
|1001 Laurel Street #305||7|
(Click the “Condos Pending Sale” button below to see all of the condos and townhomes that are pending sale in San Carlos)
New Condo/Townhouse Listings in San Carlos:
The following condo/townhouses listed this past week. Click on the address or MLS # or all the details:
|Address||List Price||BR/BA||Sq Feet||Listed By|
|416 Portofino Drive #105||$700,000||2BR/2BA||1,310||Cynthia Reese, Keller Williams|
|3332 La Mesa Drive #10||$600,000||2BR/2BA||1,040||Valerie Hinton, Broker|
(Click the “Condos for Sale” button below to see all of the condos and townhomes that are currently for sale in San Carlos)
Want Your Info Sooner?
(The “San Carlos Week in Review” series is a summary of new listings and home sales in San Carlos for the prior week.)