The San Carlos Real Estate Week in Review: 1-17-15.
January 19, 2015
The San Carlos real estate market seems to be charging out the gate this January, very much in contrast to the Januarys of prior years. This past week alone, there were 7 new single-family listings to debut on the market, which pushed the inventory back to double-digits for the first time in over a month.
There is a widely held belief that the true start of the real estate market is after the Super Bowl is completed. This may have been true since for many years a local team was either in the big game, or at least competing for it. But we all know that this year is different, right? Perhaps this is a reason for the early season surge that we are seeing, or it could be that home sellers are sensing that it's time to cash out and move on. Either way, we're off to a promising start so far.
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 1-17-2015:
|San Carlos Housing Data||1-17-15||Prior Week|
|Closed Sales for the Week:||1||3|
|Average Sold Price:||$1,150,000||$1,485,000|
|Average $/Sq Foot (Sold)||$1,250||$603|
|Average Sold – Percentage Of List Price:||118%||97%|
|Average DOM of Closed Sales||8||31|
|No. of Homes Pending Sale:||16||13|
|No. of Active Listings:||10||5|
|Average Price of Active Listings:||$1,659,000||$1,310,990|
|Average DOM of Active Listings:||15||9|
|Average $/Sq Foot (List)||$758||$758|
|Active-Pending Ratio:||0.63 : 1||0.38: 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|
|25 Wildwood Avenue||$1,150,000||$975,000||+$175,000 (+17.9%)||8|
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|
|37 Maple Way||6||$1,190,000|
|55 Sequoia Court||7||$1,549,950|
|109 Arundel Road||24||$925,000|
|15 Vine Street||1||$800,000|
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 see more details and photos.
|Address||List Price||BR/BA||Sq Ft (home/lot)||Listed By|
|2515 Eaton Avenue||$2,289,000||4BR/2.5BA||3,142/9,075||Justine Ford & Associates|
|240 Lemoore Drive||$2,228,000||5BR/3.5BA||3,024/11,100||Lena Griffin, LG Realty|
|149 Lynton Avenue||$1,687,000||4BR/2.5BA||2,780/7,744||Donna Colangelo, Intero|
|1911 Belle Avenue||$1,525,000||3BR/4BA||2,070/5,750||Joe Parsons, Alain Pinel Realtors|
|999 Orange Avenue||$1,498,000||3BR/2BA||1,790/5,500||Lori Buecheler, Alain Pinel Realtors|
|287 Alberta Avenue||$1,379,000||3BR/1.5BA||1,311/7,000||Jeffrey Holman, Today Sothebys|
|2807 Norburt Lane||$1,299,000||3BR/2.5BA||1,810/7,440||Nancy Palmer, 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 of each home to see more details and photos.
|Address||Sold Price||Orig. List||Difference||DOM|
(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 on the address of each home to see more details and photos.
(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 of each home to see more details and photos.
|Address||List Price||BR/BA||Sq Feet||Listed By|
|3362 Brittan Avenue #1||$739,000||3BR/2BA||1,239||Sean Clar, RE/MAX|
(Click the “Condos for Sale” button below to see all of the condos and townhomes that are currently for sale in San Carlos)
___________________________________________________________________ (The “San Carlos Week in Review” series is a summary of new listings and home sales in San Carlos for the prior week.)