The San Carlos Real Estate Week in Review: 4/4/2016.
April 4, 2016
The San Carlos real estate market snapped back into its normal Spring form this week after the Easter break. There were seven new single family home listings to hit the market, but even with the surge of listing activity the inventory of single family homes to choose from in San Carlos is still sitting at only at 17 as of this morning. That's because five homes went into contract during the same period. Interestingly, two of the five sold within the first three days of being on the market. That means there's lots of activity, but still no inventory is being established.
For the third straight week, we will be dealing with some form of Spring break. This time it's the local public schools that will be off for the week, so we will have to see if it has a negative effect on the market activity, since many San Carlos families will ducking out of town for the week.
Here is a look at last week's numbers:
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 4/3/2016:
|San Carlos Housing Data||4/3/16||Prior Week|
|Closed Sales for the Week:||3||1|
|Average Sold Price:||$1,641,667||$1,510,000|
|Average $/Sq Foot (Sold)||$791||$1,228|
|Average Sold as Percentage Of List Price:||106%||117%|
|Average DOM of Closed Sales||16||12|
|Total # of Homes Pending Sale:||20||17|
|No. of New Listings:||7||1|
|Total # of Active Listings:||17||14|
|Average Price of Active Listings:||$2,176,231||$2,203,280|
|Average DOM of Active Listings:||25||27|
|Average $/Sq Foot (List)||$895||$839|
|Active-Pending Ratio:||0.8 : 1||0.8 : 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)|
|1008 Elm Street||$2,125,000||$1,650,000||+$475,000 (+29%)||7|
|338 Hill Way||$1,910,000||$1,910,000||$0 (0)||1|
|928 Holly Street||$890,000||$999,999||-$109,999 (-11%)||41|
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|
|1047 Cherry Street||1||$770,000|
|125 Chestnut Street||12||$1,650,000|
|120 Club Drive||3||$1,225,000|
|1408 Crestview Drive||8||$1,824,950|
|15 Garden Lane||41||$1,288,000|
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|
|29 Hillcrest Road||$2,248,000||4BR/2.5BA||2,480/6,320||Chuck Gillooley, Dwell Realtors|
|932 Heather Drive||$2,199,000||4BR/3BA||2,430/7,321||Jennifer Kline, Kline Mann Realty|
|1637 Cedar Street||$1,995,000||4BR/3BA||2,260/4,522||Brian Ayer, Dreyfus Sothebys|
|1001 Rosewood Avenue||$1,800,000||3BR/2BA||1,570/6,600||Charles Rauch, CR Properties|
|1341 Alameda de las Pulgas||$1,500,000||3BR/2BA||1,540/6,164||Judy Ploshay, Coldwell Banker|
|120 Club Drive||$1,249,000||3BR/2BA||1,820/6,599||Sam Anagnostou, Coldwell Banker|
|1047 Cherry Street||$770,000||2BR/1BA||900/5,001||Charles Rauch, CR Properties|
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)
|3321 Brittan Avenue #17||$850,000||$785,000|| +$65,000 (+8.3%)
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|
|633 Elm Street #118||11||$949,000|
|775 Chestnut Street #17||13||$614,000|
|401 Portofino Drive #B||7||$1,199,000|
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|
|11 Lilly Lane||$1,195,000||3BR/2.5BA||2,031||Claude Windell, Coldwell Banker|
(The “San Carlos Week in Review” series is a summary of new listings and home sales in San Carlos for the prior week.)