The San Carlos Real Estate Week in Review: 3-8-15.
March 9, 2015
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.
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.)
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.)
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.)
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)
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.
|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)
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.)