The San Carlos Real Estate Week in Review: 3-8-15.

That surge of new listings that we were hoping for this past week in San Carlos did not materialize.  There were only 4 new homes to debut on the market, and those were overshadowed by the 6 homes that went into contract.  From what I have heard about some of the prices these homes fetched, it will make last weeks eye-popping prices look pretty tame by comparison.

The net result of this disparity is that there are now only 7 single family homes for sale in San Carlos as we kick off the new week, and a few of these won't be taking offers until later in the month.  So unless there's more inventory to hit the market this week, there is not going to be a lot happening this week in our local market.

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 3-8-2015:

San Carlos Housing Data	3-8-15	Prior Week
Closed Sales for the Week:	5	12
Average Sold Price:	$1,564,000	$1,643,167
Average $/Sq Foot (Sold)	$881	$865
Average Sold – Percentage Of List Price:	104%	114%
Average DOM of Closed Sales	11	10
No. of Homes Pending Sale:	18	17
No. of Active Listings:	7	10
Average Price of Active Listings:	$1,304,714	$1,456,895
Average DOM of Active Listings:	13	10
Average $/Sq Foot (List)	$901	$787
Active-Pending Ratio:	0.39 : 1	0.59: 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
2515 Eaton Avenue	$2,210,000	$2,289,000	-$79,000 (-3.5%)	15
1009 Porto Marino Drive	$1,675,000	$1,495,000	+$180,000 (+12.0%)	9
212 Fairmont Avenue	$1,675,000	$1,485,000	+$190,000 (+12.8%)	7
120 Chesham Avenue	$1,360,000	$1,379,950	-$19,950 (-1.5%)	12
979 Cherry Street	$900,000	$879,000	+$21,000 (+2.4%)	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 over the past month.)

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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
1440 Hull Drive	11	$1,249,000
100 Dundee Lane	6	$1,795,000
134 Hillcrest Road	13	$1,950,000
2501 Eaton Avenue	15	$1,499,000
1021 Walnut Street	7	$1,798,000
4 Camborne Avenue	8	$1,499,950

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.)

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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
731 Knoll Drive	$1,899,000	5BR/3BA	2,550/13,000	Sean Clar, RE/MAX
850 Buckland Avenue	$1,275,000	3BR/2BA	1,550/7,200	Julie Vejmola, Coldwell Banker
158 Rockridge Road	$1,095,000	3BR/2BA	970/8,400	Gregory Agosti, Intero
135 Manor Drive	$1,175,000	3BR/2.5BA	2,040/4,950	Michael Robles, Coldwell Banker

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.)

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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
2 Elm Street #101	$715,000	$649,000	+$66,000 (+10.2%)	7

(Click the “Condos Sold” button below to see all of the condos and townhomes that have recently sold in San Carlos)

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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.

Address	DOM (days)
1456 San Carlos Avenue #201	11
436 Portofino Drive #204	9

(Click the “Condos Pending Sale” button below to see all of the condos and townhomes that are pending sale in San Carlos)

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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
3357 Brittan Avenue #5	$695,000	2BR/2BA	1,040	Mark Martinho, Vabrato

(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.)