The San Carlos Real Estate Week in Review: 1/4/2016.
January 4, 2016
Happy New Year San Carlos! I hope everyone had a safe and memorable holiday season. 2015 was record year in many areas – housing climbed to its highest level on record, while gas prices dropped to their lowest levels in a decade. Interest rates stayed at rock-bottom levels for what could be the last year for awhile.
The San Carlos housing market set all kinds of records too — some high, and some low. We will cover these in detail this week on the blog in a series of articles that will dig a little deeper into a few of these key areas. Suffice it to say that it was another chart-popping year.
Here's the first update of 2016:
Below is a high-level view of the market performance for single-family residences in San Carlos. This data is for the 7-day period ending Sunday 1/4/2016:
|San Carlos Housing Data||1/4/16||Prior Week|
|Closed Sales for the Week:||2||4|
|Average Sold Price:||$1,750,000||$1,697,500|
|Average $/Sq Foot (Sold)||$944||$1,054|
|Average Sold as Percentage Of List Price:||96%||103%|
|Average DOM of Closed Sales||32||10|
|No. of Homes Pending Sale:||15||17|
|No. of New Listings:||0||0|
|Total # of Active Listings:||2||2|
|Average Price of Active Listings:||$1,449,500||$1,449,500|
|Average DOM of Active Listings:||30||23|
|Average $/Sq Foot (List)||$468||$468|
|Active-Pending Ratio:||0.13 : 1||0.12 : 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.
San Carlos Single-Family Homes Sold:
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||DOM (days)|
|6 Pepper Lane||$2,650,000||$2,950,000||-$300,000 (-10.2%)||41|
|1016 Springfield Drive||$850,000||$829,000||+$21,000 (+2.5%)||22|
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. The source of this data is the Multiple Listing Service (MLS). Author is in now way responsible for the accuracy of the data from this source.
San Carlos Single-Family Homes Pending Sale:
The following single-family homes went into contract in San Carlos this past week. Click on the address of each home to see more details and photos:
|Address||DOM (days)||List Price|
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|
Note: The listing data provided above is strictly for informational purposes only, and should not imply that the author is the listing agent. This data is pulled from the Multiple listing service, and the author is in no way responsible for the accuracy of the data provided herein.
(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 (days)
|4 Iris Lane||$1,190,000||$1,295,000|| -$105,000 (-8.1%)
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)||List Price|
|3356 La Mesa Drive #9||11||$849,950|
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|
|728 Elm Street #106||$679,000||2BR/2BA||1,010||Haifa Khoury, Today Sothebys|
(The “San Carlos Week in Review” series is a summary of new listings and home sales in San Carlos for the prior week.)