The San Carlos Real Estate Week in Review: 8/22/2016.
August 22, 2016
It's back to school time in San Carlos, as most of the public and private schools kicked off their 2016-17 school year starting last week. This is significant because it marks the unofficial start of the Fall real estate market in San Carlos. There was a time when that didn't happen until after Labor Day weekend, but with school start date inching earlier every year, it seems as is if the we kick into gear a few days earlier every year.
This is usually great news for home buyers, since we have historically seen a spike in new listings over the first 3-4 weeks of the fall market, as sellers look to get their homes sold well before we start to settle in for the holidays. This makes it that much more important for buyers to stay on task as the inventory starts to turn with greater frequency.
Here is a look at last week's numbers:
The Numbers.
Below is a high-level view of the market performance for single-family residences (SFR) in San Carlos. This data is for the 7-day period ending Sunday 8/21/2016:
San Carlos SFR Data | 8/21/16 | Prior Week |
---|---|---|
Closed Sales for the Week: | 4 | 9 |
Average Sold Price: | $1,657,250 | $1,772,667 |
Average $/Sq Foot (Sold) | $799 | $981 |
Average % List Price: | 103% | 103% |
Average DOM of Closed Sales | 31 | 22 |
Total # of Homes Pending Sale: | 22 | 22 |
No. of New Listings: | 7 | 2 |
Total # of Active Listings: | 20 | 16 |
Average Price of Active Listings: | $1,808,250 | $1,878,056 |
Average DOM of Active Listings: | 23 | 32 |
Average $/Sq Foot (List) | $901 | $881 |
Active-Pending Ratio: | 0.9 : 1 | 0.7 : 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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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) |
---|---|---|---|---|
1100 Woodland Avenue | $1,749,000 | $1,888,888 | -$139,888 (-7.4%) | 97 |
723 Orange Avenue | $1,680,000 | $1,495,000 | +$185,000 (+12.4%) | 7 |
3184 Brittan Avenue | $1,600,000 | $1,595,000 | +$5,000 (+0.3%) | 10 |
2430 Eaton Avenue | $1,600,000 | $1,498,000 | +$102,000 (+0.3%) | 8 |
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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 |
---|---|---|
101 Vine Street | 14 | $1,598,000 |
74 Cedar Street | 21 | $1,350,000 |
948 Alameda de las Pulgas | 117 | $1,599,000 |
71 Madera Avenue | 14 | $1,895,000 |
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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 |
---|---|---|---|---|
980 Alameda de las Pulgas | $2,298,000 | 4BR/3.5BA | 2,911/6,316 | Bob Bredel, Dwell Realtors |
8 El Sereno Drive | $1,998,000 | 3BR/3.5BA | 2,080/4,900 | Brian Ayer, Dreyfus Sothebys |
578 Cedar Street | $1,850,000 | 4BR/2BA | 2,075/6,500 | Brendan Leary, Sereno Group |
819 Rutherdale Avenue | $1,625,000 | 3BR/2BA | 1,710/9,030 | David Young, Coldwell Banker |
964 Lupin Way | $1,399,000 | 4BR/2BA | 1,760/7,500 | Anthony Peterson, AMP Properties |
1525 Greenwood Avenue | $1,150,000 | 2BR/1BA | 1,030/5,040 | Carrie Du Bois, Coldwell Banker |
1733 Alameda de las Pulgas | $1,090,000 | 3BR/1.5BA | 1,230/3,400 | Joyce & Tatum, Dwell Realtors |
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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) |
---|---|---|---|---|
641 Cedar Street #303 | $1,315,000 | $1,328,000 | -$13,000 (-1.0%) |
29 |
3358 La Mesa Drive #11 | $830,000 | $849,000 | -$19,000 (-2.2%) |
29 |
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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 |
---|---|---|
— | — | $– |
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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.
Disclaimer: The “San Carlos Week in Review” series is a summary of new listings and home sales in San Carlos for the prior week. The data provided in this report is strictly for informational purposes only, and should not imply that the author was involved in either side of the transaction unless explicitly stated otherwise. The source of this data is the Multiple Listing Service (MLS), so the author is in now way responsible for the accuracy of the data from this source.
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