The San Carlos Real Estate Week in Review: 11-30-13.
December 2, 2013
Bring on December.
Despite the shortened holiday week, it was still a surprisingly busy one for those buyers who chose to stay in town and shop for homes. 5 homes went into contract in that short period of time, and two smart sellers actually bucked the normal trend and decided to list their home during the Thanksgiving week. They are in very select company, because as of this morning there are only 6 single-family homes for sale in the entire City of Good Living — easily the lowest level of the entire year.
Will other sellers take note of the near-perfect selling conditions and list their homes in December, or will they take the more traditional path and wait until the Spring 2014 market? This week should give us our answer. Stay tuned…
Here are the details 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 11-30-2013:
| San Carlos Housing Data | 11-30-13 | Prior Week |
|---|---|---|
| Closed Sales for the Week: | 5 | 1 |
| Average Sold Price | $1,046,400 | $1,748,375 |
| Average $/Sq Foot (Sold) | $654 | $920 |
| Sold Price vs Orig List (%) | 107% | 104% |
| Average DOM of Closed Sales | 19 | 11 |
| No. of Homes Pending Sale: | 29 | 28 |
| Inventory of Active Listings: | 6 | 11 |
| Average Price of Active Listings: | $1,600,658 | $1,634,909 |
| Average DOM of Active Listings: | 61 | 48 |
| Average $/Sq Foot (List) | $603 | $577 |
| Active-Pending Ratio: | 0.21 : 1 | 0.39 : 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 |
|---|---|---|---|---|
| 323 Chesham Avenue | $1,350,000 | $1,328,888 | +$21,112 (+1.6%) | 13 |
| 185 Cedar Street | $1,170,000 | $949,950 | +$220,050 (+23.2%) | 7 |
| 153 Palm Avenue | $1,005,000 | $839,000 | +$166,000 (+19.8%) | 12 |
| 753 Walnut Street | $1,000,000 | $1,095,000 | -$95,000 (-8.7%) | 35 |
| 315 Old County Road | $707,000 | $695,000 | +$12,000 (+1.7%) | 29 |
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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 |
|---|---|---|
| 2516 San Carlos Avenue | 9 | $849,000 |
| 1924 Eaton Avenue | 8 | $1,249,000 |
| 1044 Hewitt Drive | 11 | $1,199,000 |
| 18 Estrada Place | 68 | $2,350,000 |
| 45 Shelford Avenue | 9 | $899,000 |
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 |
|---|---|---|---|---|
| 1036 Hewitt Drive | $1,299,000 | 3BR/2BA | 1,870/7,625 | John Reese, Intero |
| 23 Vine Street | $949,950 | 3BR/1.5BA | 1,200/5,200 | Ruben Yomtoubian, Discount Realty |
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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