The San Carlos Real Estate Week in Review: 6-14-14.
June 16, 2014
This past week was just one of those “wow” weeks for closed sales in San Carlos. Of the six homes that closed escrow, five garnered 6-figure premiums over the asking price. And of those five, four of those were pushed roughly $300,000 or more above the list price. Talk about a market flexing its muscle….
Inventory remained steady at 27 for yet another week, as new listings roughly kept pace with pending sales. It will be interesting to see how the real estate market reacts, since this will be the first full week with that the local public school systems have been completely out for summer, and people are already starting to
announce to the world every detail of their vacations on Facebook make vacation plans. Don't panic, but July is only two weeks away 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 6-14-2014:
|San Carlos Housing Data||6-14-14||Prior Week|
|Closed Sales for the Week:||6||6|
|Average Sold Price:||$1,718,333||$1,518,000|
|Average $/Sq Foot (Sold)||$958||$727|
|Average Percentage Over List Price:||117%||109%|
|Average DOM of Closed Sales||11||7|
|No. of Homes Pending Sale:||25||27|
|No. of Active Listings:||27||26|
|Average Price of Active Listings:||$1,435,288||$1,484,035|
|Average DOM of Active Listings:||23||21|
|Average $/Sq Foot (List)||$700||$701|
|Active-Pending Ratio:||1.08 : 1||0.96 : 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|
|50 Hilltop Drive||$2,000,000||$1,999,000||+$1,000 (+0%)||13|
|1625 Arroyo Avenue||$1,905,000||$1,495,000||+$410,000 (+27.4%)||7|
|825 Somerset Court||$1,900,000||$1,548,000||+$352,000 (+22.7%)||14|
|1944 Eaton Avenue||$1,680,000||$1,385,000||+$295,000 (+21.3%)||5|
|119 Brook Street||$1,600,000||$1,249,000||+$351,000 (+28.1%)||11|
|540 Pearl Avenue||$1,225,000||$1,125,000||+$100,000 (+8.9%)||10|
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|
|870 Orange Avenue||15||$1,695,000|
|316 Chesham Avenue||10||$1,499,000|
|37 Wildwood Avenue||6||$1,550,000|
|294 Devonshire Boulevard||0||$1,850,000|
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|
|2049 Brittan Avenue||$2,250,000||4BR/3.5BA||2,380/7,065||Robert Pedro, Signature Realty|
|337 Clifton Avenue||$1,785,000||4BR/2.5BA||3,063/8,000||Mouna Kayed, Alain Pinel Realtors|
|1601 Arroyo Avenue||$1,325,000||3BR/2BA||1,784/7,440||David Young, Coldwell Banker|
|44 Devonshire Boulevard||$875,000||2BR/1BA||1,230/2,640||Mary Abolmoluki, Coldwell Banker|
|960 Cherry Street||$799,888||2BR/1BA||820/5,000||Carmen Miranda, Alain Pinel Realtors|
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|
|3332 La Mesa Drive #9||$765,000||$699,000|| +$66,000 (+9.4%)
|1 Elm Street #402||$680,000||$648,000|| +$12,000 (+1.9%)
|1 Elm Street #303||$638,000||$640,000|| -$2,000 (-0.3%)
(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:
(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|
|1 Lilly Lane||$948,000||2BR/2.5BA||1,793||Eddie Azzopardi, Realty World|
|3350 La Mesa Drive #10||$644,950||2BR/2BA||1,040||Sean Clar, RE/MAX|
|633 Elm Street #400||$638,000||1BR/1BA||774||Nancy Rancatore-Hintz, Coldwell Banker|
|3318 Brittan Avenue #3||$629,000||2BR/2BA||1,040||Miriam Chirko, Coldwell Banker|
(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.)