The San Carlos Real Estate Week in Review: 2-15-14.
February 18, 2014
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.
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|
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.)
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.
(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. 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.
(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 closed escrow this past week. Click on the address for more details:
|Address||Sold Price||Orig. List||Difference||DOM|
|3348 La Mesa Drive #14||$652,000||$649,950||+$2,050 (+12.7%)||8|
(Click the “Condos Sold” button below to see all of the condos and townhomes that have recently sold in San Carlos)
Condo/Townhouse Pending Sale this Week.
The following condos/townhouses went into contract this week:
|3009 Melendy Drive #2||8|
(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 all the details:
|Address||List Price||BR/BA||Sq Feet||Listed By|
|14 Daffodil Lane||$1,098,000||3BR/2.5BA||2,510||Eddie Azzopardi, Realty World|
|775 Chestnut Street #6||$775,000||2BR/2BA||1,290||Terence Wong, Realty World|
|793 Elm Street #7||$699,950||2BR/2BA||1,512||Donna Colangelo, Intero|
(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.)