The San Carlos Real Estate Week in Review: 9-27-14.
September 30, 2014
The San Carlos real estate market is resolving any doubts about any potential softening or leveling-off coming out of the slower months of July and August. Buyers are definitely out in full force this Fall, as open houses have been very well attended and multiple offers are still happening for the right properties.
Five of the eight homes that went into contract this past week were on the market for less than two weeks. Many of the hotter issues are only on the market for a single week, which means buyers must prioritize getting in to see these homes as soon as possible, whether at the open house or via a private showing. As the daylight hours start to dwindle at this time of they year, that poses even a bigger challenge if you're trying to view homes after work during the week.
And speaking of hot new listings, stay tuned to the sight in the coming days – I've got another spectacular downtown home that will be on the market this weekend.
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 9-27-2014:
| San Carlos Housing Data | 9-27-14 | Prior Week |
|---|---|---|
| Closed Sales for the Week: | 6 | 12 |
| Average Sold Price: | $1,573,333 | $1,460,042 |
| Average $/Sq Foot (Sold) | $781 | $819 |
| Average Sold – Percentage Of List Price: | 100% | 108% |
| Average DOM of Closed Sales | 21 | 10 |
| No. of Homes Pending Sale: | 29 | 27 |
| No. of Active Listings: | 15 | 16 |
| Average Price of Active Listings: | $1,385,123 | $1,406,479 |
| Average DOM of Active Listings: | 16 | 15 |
| Average $/Sq Foot (List) | $706 | $706 |
| Active-Pending Ratio: | 0.5 : 1 | 0.6 : 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 |
|---|---|---|---|---|
| 125 Kelton Avenue | $2,450,000 | $2,800,000 | -$350,000 (-12.5%) | 56 |
| 109 Windsor Drive | $1,900,000 | $1,698,000 | +$202,000 (+11.9%) | 15 |
| 269 Ruby Avenue | $1,640,000 | $1,610,000 | +$30,000 (+1.9%) | 10 |
| 241 Highland Avenue | $1,375,000 | $1,448,888 | -$73,888 (-5.1%) | 32 |
| 205 Oakview Drive | $1,100,000 | $999,000 | +$101,000 (+10.1%) | 0 |
| 137 Cedar Street | $975,000 | $875,000 | +$100,000 (+11.4%) | 12 |
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 |
|---|---|---|
| 1079 Sunset Drive | 66 | $1,399,000 |
| 1027 Holly Street | 57 | $765,000 |
| 1512 Howard Avenue | 18 | $1,800,000 |
| 1230 Greenbrier Road | 5 | $988,888 |
| 35 Bay View Drive | 9 | $1,549,000 |
| 1221 Highland Court | 8 | $1,350,000 |
| 191 Fairmont Avenue | 11 | $1,699,888 |
| 1700 Greenwood Avenue | 7 | $1,395,000 |
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 |
|---|---|---|---|---|
| 1627 Saint Francis Way | $1,495,000 | 3BR/2BA | 1,790/5,500 | Chuck Gillooley, Alain Pinel Realtors |
| 117 Highland Avenue | $1,399,950 | 3BR/2.5BA | 1,760/15,664 | Maxine and Michelle Dumas |
| 2651 Eaton Avenue | $1,380,000 | 3BR/2BA | 1,870/10,752 | Amy Earley, Coldwell Banker |
| 309 Portofino Drive | $1,299,000 | 3BR/3BA | 2,020/11,392 | Victoria Glynn, Today Sothebys |
| 220 Oakview Drive | $1,249,000 | 3BR/2BA | 1,530/5,760 | Anna Wong, Alain Pinel Realtors |
| 1725 Eaton Avenue | $998,000 | 2BR/1BA | 1,240/7,300 | John Shroyer, 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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