The San Carlos Real Estate Week in Review: 12-27-14.
December 29, 2014
The San Carlos Real Estate Week in Review took a short break last week due to the holidays, and also because there simply weren't enough real estate transactions to warrant reporting, which is to be expected around the holiday season. So this week's data incorporates all of the activity over the past two weeks, and will be the final Week in Review in what has been an amazing 2014.
Thank you for being loyal readers of the White Oaks Blog! The readership of the site jumped exponentially in 2014, making it one of the most sought after resources for information on San Carlos real estate. I'm personally very excited about what lies ahead for the site in 2015, which will mark the eighth year of reporting on everything that makes San Carlos what it is. There will be more in-depth coverage of events and developments that have an impact on living in San Carlos, and a significant increase in multimedia content. Be sure to stay tuned in the coming weeks for some significant announcements, too…
I hope everyone has a safe and happy holiday season. Here's to a healthy and prosperous 2015!
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 12-27-2014:
| San Carlos Housing Data | 12-27-14 | Prior Week |
|---|---|---|
| Closed Sales for the Week: | 5 | 5 |
| Average Sold Price: | $1,611,420 | $1,288,000 |
| Average $/Sq Foot (Sold) | $1,079 | $1,009 |
| Average Sold – Percentage Of List Price: | 112% | 120% |
| Average DOM of Closed Sales | 15 | 11 |
| No. of Homes Pending Sale: | 17 | 18 |
| No. of Active Listings: | 4 | 4 |
| Average Price of Active Listings: | $1,377,500 | $1,344,250 |
| Average DOM of Active Listings: | 24 | 19 |
| Average $/Sq Foot (List) | $752 | $722 |
| Active-Pending Ratio: | 0.24 : 1 | 0.33: 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 |
|---|---|---|---|---|
| 436 Laurel Street | $2,100,000 | $2,380,000 | -$280,000 (-11.8%) | 9 |
| 1322 Central Avenue | $1,950,000 | $1,898,000 | +$52,000 (+2.7%) | 11 |
| 1930 Belmont Avenue | $1,562,099 | $1,295,000 | +$267,099 (+20.6%) | 13 |
| 128 Garnet Avenue | $1,235,000 | $1,050,000 | +$185,000 (+17.6%) | 10 |
| 1356 Walnut Street | $1,210,000 | $925,000 | +$285,000 (+30.8%) | 11 |
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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 |
|---|---|---|
| 1924 Saint Francis Way | 33 | $1,649,000 |
| 961 Hall Street | 12 | $799,000 |
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 |
|---|---|---|---|---|
| 1153 Walnut Street | $1,395,000 | 3BR/2BA | 1,617/4,920 | Tim Anderson, Alain Pinel Realtors |
| 109 Arundel Road | $925,000 | 2BR/1BA | 1,040/5,600 | David Macdonald |
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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Thanks for writing the blog – I’ve been following it for a few months now. The information that you collect and publish is very valuable and presents a unique insight into the San Carlos market! Looking forward to more posts in 2015. Happy holidays.