The San Carlos Real Estate Week in Review: 2-15-14.

Finally, Some Inventory.

It was an encouraging week for home buyers in San Carlos, and a somewhat irregular week for the statistics.  First, six nice homes made their debut last week, which pushed the inventory back into double-digits for the first time in weeks.   And there was a little something for all of the price ranges, from 2238 Brittan Avenue at $865,000 to 319 Emerald Avenue at $1,895,000.

Statistically speaking, it was a bit of a strange week since we did not have a single home close escrow during the entire period.  That's certainly a rarity — I can't recall the last weekly update where this happened — but should not be misconstrued as a sign that the market is slowing down.  There are still more homes pending sale than there are active listings, and the average days on market is still sitting at less than a week, so everything that is being put on the market is still selling quickly.

But if you're trying to buy into this market, you knew that already.

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 2-15-2014:

San Carlos Housing Data	2-15-14	Prior Week
Closed Sales for the Week:	0	2
Average Sold Price	$0	$1,444,000
Average $/Sq Foot (Sold)	$0	$966
Sold Price vs Orig List (%)	0%	118%
Average DOM of Closed Sales	0	11
No. of Homes Pending Sale:	18	16
Inventory of Active Listings:	12	7
Average Price of Active Listings:	$1,400,657	$1,481,841
Average DOM of Active Listings:	6	5
Average $/Sq Foot (List)	$717	$679
Active-Pending Ratio:	0.67 : 1	0.44 : 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
—	$0	$0	$0 (0%)	—

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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San Carlos Homes Pending Sale for the Week:

The following homes went into contract his week. Click on the address to see more details:

Address	DOM (days)	List Price
55 Pine Avenue	15	$1,450,000
34 Hilltop Drive	6	$1,285,000

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. Click on the address of each home to get the complete details.

Address	List Price	BR/BA	Sq Ft (home/lot)	Listed By
319 Emerald Avenue	$1,895,000	4BR/3BA	2,760/6,600	Joyce and Tatum, Intero
2457 Melendy Drive	$1,449,00	4BR/2.5BA	2,050/8,136	Justine Ford, Today Sothebys
225 Alberta Avenue	$1,355,00	3BR/2BA	1,667/5,600	Darlene Pylkkanen, Oliver
1357 Woodland Avenue	$1,289,000	3BR/2BA	1,460/4,920	Kathryn Bedbury, Coldwell Banker
24 Robin Way	$1,029,000	3BR/2BA	1,580/5,100	Michelle Glaubert, Coldwell Banker
2238 Brittan Avenue	$865,000	2BR/1BA	1,080/5,005	Raziel Ungar, 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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