The San Carlos Real Estate Week in Review: 12-6-14.

December 8, 2014

We are moving into the second week of December, and the San Carlos market is showing quite a bit of resiliency to the normal holiday slow-down. Three listings braved the calendar (and the elements) and made their market debut this past week — and why not?  Even with the addition of these three homes, there are still only 6 homes for sale in the entire city! If competition is what you want to avoid as a seller, you can hardly ask for a better climate than what you have right now. There are still plenty of buyers out looking for a home, too, as open houses were reportedly well-attended over this past weekend.

Here are the details from last week:

By the Numbers.

Below is a high-level view of the market performance for single-family residences in San Carlos. This data is for the week ending 12-6-2014:

San Carlos Housing Data 12-6-14 Prior Week
Closed Sales for the Week: 5 2
Average Sold Price: $1,255,100 $1,342,500
Average $/Sq Foot (Sold) $798 $675
Average Sold – Percentage Of List Price: 114% 120%
Average DOM of Closed Sales 17 11
No. of Homes Pending Sale: 18 20
No. of Active Listings: 6 6
Average Price of Active Listings: $1,467,798 $1,347,650
Average DOM of Active Listings: 35 25
Average $/Sq Foot (List) $722 $814
Active-Pending Ratio: 0.33 : 1 0.3: 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
59 Club Drive $1,685,000 $1,499,000 +$186,000 (+12.4%) 39
1392 Cedar Street $1,507,000 $1,588,000 -$81,000 (-5.1%) 13
2284 Carmelita Drive $1,138,000 $1,049,000 +$89,000 (+8.5%) 13
410 Ridge Road $988,000 $724,950 +$263,050 (+36.3%) 11
1004 Montgomery Street $957,500 $799,000 +$158,500 (+19.8%) 11

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 of each home to see more details and photos:

Address DOM (days) List Price
203 Club Drive 19 $1,224,950
1031 Sylvan Drive 22 $799,950
139 Plymouth Avenue 13 $875,000

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 see more details and photos.

Address List Price BR/BA Sq Ft (home/lot) Listed By
208 Exeter Avenue $1,499,900 4BR/3BA 2,840/10,700 David Blewett, Intero
1930 Belmont Avenue $1,295,000 3BR/2.5BA 1,500/5,170 Mark Martinho, Vabrato
25 Wildwood Avenue $975,000 2BR/1BA 920/5,070 Stephen Hicks, Gateway Properties

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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