The San Carlos Real Estate Week in Review: 6-7-15.
June 8, 2015
The activity level seemed to tick downward a bit this past week in San Carlos, perhaps because of all of the graduations, or maybe everyone is getting ready to get out of Dodge for a few weeks. There were only two homes to go into contract, and six new listings made their entry onto the market which pushed the number of homes for sale to 11 as of this morning.
From what I can gather as I talk to title reps and property inspectors — people who generally are involved early in the sales process — there is still a pretty healthy pipeline of new listings that will be hitting the market before summer sets in, both in San Carlos as well as up and down the Peninsula. Buyers should definitely stay tuned into the market over the next several weeks.
I will have one nice listing coming up in White Oaks later this week, so keep tuned into the site for more detail!
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 6-7-2015:
| San Carlos Housing Data | 6-7-15 | Prior Week |
|---|---|---|
| Closed Sales for the Week: | 3 | 9 |
| Average Sold Price: | $1,551,933 | $1,594,944 |
| Average $/Sq Foot (Sold) | $909 | $1,063 |
| Average Sold as Percentage Of List Price: | 106% | 116% |
| Average DOM of Closed Sales | 9 | 8 |
| No. of Homes Pending Sale: | 22 | 23 |
| No. of New Listings: | 6 | 2 |
| Total # of Active Listings: | 11 | 7 |
| Average Price of Active Listings: | $1,962,364 | $2,342,143 |
| Average DOM of Active Listings: | 20 | 25 |
| Average $/Sq Foot (List) | $770 | $709 |
| Active-Pending Ratio: | 0.50 : 1 | 0.30 : 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 |
|---|---|---|---|---|
| 790 Knoll Drive | $1,950,000 | $1,888,000 | +$62,000 (+3.3%) | 8 |
| 173 Garnet Avenue | $1,405,800 | $1,279,000 | +$126,800 (+9.9%) | 10 |
| 560 Dartmouth Avenue | $1,300,000 | $1,250,000 | +$50,000 (+4.0%) | 10 |
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.
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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 |
|---|---|---|
| 1393 Cedar Street | 9 | $1,798,000 |
| 90 Hartford Avenue | 30 | $1,650,000 |
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 |
|---|---|---|---|---|
| 149 Madera Avenue | $2,188,000 | 4BR/3.5BA | 3,380/6,420 | Carroll La Vrar, Coldwell Banker |
| 1750 Chestnut Street | $1,695,000 | 3BR/2BA | 1,730/6,420 | Tim Anderson, Alain Pinel Realtors |
| 1816 Greenwood Avenue | $1,498,000 | 3BR/2.5BA | 1,410/6,600 | Gary Bulanti, Alain Pinel Realtors |
| 30 Upland Avenue | $1,298,000 | 3BR/2BA | 1,700/6,678 | Steve Bianchi, Realty World |
| 136 Garnet Avenue | $1,150,000 | 2BR/1BA | 1,350/5,616 | John Shroyer, Today Sothebys |
| 910 Hall Street | $899,000 | 3BR/2BA | 1,230/5,000 | Debbie Shin, Sterling Associates |
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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