The San Carlos Real Estate Week in Review: 4-5-15.
April 6, 2015
The listing activity was fairly light last week in San Carlos, as was generally expected, since most homeowners don't want to have their first open house on Easter Sunday when many home buyers are committed to family activities. Consequently, I expect to see the number of new listings pick up quite a bit in the coming weeks, as we are now heading into a stretch of 6 straight weekends without any holiday interruptions until Memorial Day weekend (Mother's Day being the sole exception during that period).
This is prime-time for the Spring real estate market in San Carlos, and I know that are sellers who were probably ready to put their home on the market last week, but opted to wait until after Easter Sunday, and the various school system's Spring breaks. If you're committed to finding a home in San Carlos before summer, this is the period of time that you'll want to pay full attention to what's happening.
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 4-5-2015:
| San Carlos Housing Data | 4-5-15 | Prior Week |
|---|---|---|
| Closed Sales for the Week: | 4 | 6 |
| Average Sold Price: | $1,581,000 | $1,892,500 |
| Average $/Sq Foot (Sold) | $790 | $755 |
| Average Sold as Percentage Of List Price: | 113% | 109% |
| Average DOM of Closed Sales | 9 | 9 |
| No. of Homes Pending Sale: | 14 | 16 |
| No. of New Listings: | 4 | 8 |
| Total # of Active Listings: | 13 | 13 |
| Average Price of Active Listings: | $1,489,385 | $1,412,308 |
| Average DOM of Active Listings: | 13 | 15 |
| Average $/Sq Foot (List) | $772 | $797 |
| Active-Pending Ratio: | 0.93 : 1 | 0.81: 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 |
|---|---|---|---|---|
| 4 Camborne Avenue | $1,750,000 | $1,499,950 | +$250,050 (+16.7%) | 8 |
| 1325 Woodland Avenue | $1,575,000 | $1,295,000 | +$280,000 (+21.6%) | 7 |
| 68 Madera Avenue | $1,500,000 | $1,299,000 | +$201,000 (+15.5%) | 6 |
| 2501 Eaton Avenue | $1,499,000 | $1,499,000 | $0 (0%) | 15 |
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.
_____________________________________________________________________________
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 |
|---|---|---|
| 158 Rockridge Road | 30 | $1,095,000 |
| 468 Wellington Drive | 7 | $1,249,000 |
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. _______________________________________________________________________________________
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 |
|---|---|---|---|---|
| 75 Porto Marino Way | $1,980,000 | 4BR/3.5BA | 3,170/2.19 (acres) | David Young, Coldwell Banker |
| 2130 Greenwood Avenue | $1,625,000 | 3BR/2BA | 1,320/10,800 | Sheehan/Varni, Intero |
| 18 Arch Lane | $1,398,000 | 4BR/3BA | 1,880/8,050 | Greg Celotti, Alain Pinel Realtors |
| 2524 San Carlos Avenue | $1,188,000 | 3BR/2BA | 1,507/8,000 | Greg Bryant, RE/MAX Star |
Note: The listing data provided above is strictly for informational purposes only, and should not imply that the author is the listing agent.
___________________________________________________________________
Posted in: