The San Carlos Real Estate Week in Review: 11-2-13.

November 4, 2013

Is it Fall Yet?

With the exception of the chilly evenings and the fact that it's now dark at 6:00 PM, it certainly doesn't seem like fall here in San Carlos.    The warm, sunny days that we've been enjoying has been a blessing for those homes that are still on the market in San Carlos.  I can tell you first-hand that holding a house open in the rain is absolutely no fun, and it keeps all but the die-hard buyers away.  The incredible weather this past weekend had buyers out in droves, as open houses were very well attended this weekend.   Chalk the awesome weather up as yet another reason why so many people want to live in San Carlos, or anywhere on the Peninsula.

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 11-2-2013:

San Carlos Housing Data 11-2-13 Prior Week
Closed Sales for the Week:
4 7
Average Sold Price
$1,462,000 $1,142,857
Average $/Sq Foot (Sold)
$720 $674
Sold Price vs Orig List (%) 104% 110%
Average DOM of Closed Sales 39 10
No. of Homes Pending Sale: 22 21
Inventory of Active Listings:
17 15
Average Price of Active Listings: $1,384,056 $1,543,400
Average DOM of Active Listings: 37 39
Average $/Sq Foot (List) $651 $602
Active-Pending Ratio:
0.77 : 1 0.71 : 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 Days on Market
840 Crestview Drive $2,050,000 $1,988,000 +$62,000 (+3.1%)
16
3145 La Mesa Drive $1,448,000 $1,399,000 +$49,000 (+3.5%)
67
320 Cedar Street $1,250,000 $1,199,000 +$51,000 (+4.3%)
0
2349 Eaton Avenue $1,100,000 $1,100,000 $0 (0%)
74

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.)

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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
3142 La Mesa Drive 12 $1,399,000
209 Devonshire Boulevard 8 $1,289,000
184 Ruby Avenue 5 $1,100,000
153 Palm Avenue 12 $839,000
75 Hartford Avenue 57 $2,288,000

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
8 Portofino Court $1,599,000 4BR/2.5BA 2,234/18,150 Mandana Simai, Sereno Group
61 Devonshire Circle $1,297,000 2BR/2BA 1,740/9,730 Laura Bertolacci, Today Sothebys
1384 Chestnut Street $1,120,000 3BR/2BA 1,353/5,320 David Young, Coldwell Banker
185 Cedar Street $949,950 3BR/2BA 1,450/5,700 Maxine Dumas, Dumas & Company
2641 San Carlos Avenue $689,000 3BR/1.5BA 1,670/7,000 Terry Michaud, Heritage Realty
220 Winding Way $649,000 1BR/1BA 760/5,096 Vicky Costantini, Today Sothebys

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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