The San Carlos Real Estate Week in Review: 1/16/2017.
January 17, 2017
The faucet for new listings in San Carlos is finally starting to open, as I suspected it would. Last week brought 7 new single family listings to the market, which certainly helped boost the inventory of homes for sale. But as this week begins, there are still fewer than 10 homes to choose from in all of San Carlos. I have always advised to my selling clients that January is a great month to sell a house, if you can just tolerate the unpredictable weather. It's one of the few months of the year when buyers are already primed and ready to go, but competition among other listings is usually at its lowest.
As this week progresses, you can expect to see even more listings hit the market.
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 1/15/2017:
| San Carlos SFR Data | 1/15/17 | Prior Week |
|---|---|---|
| Closed Sales for the Week: | 1 | 2 |
| Average Sold Price: | $2,400,000 | $2,892,500 |
| Average % List Price: | 96% | 94% |
| Average DOM of Closed Sales | 22 | 37 |
| Average $/Sq Foot (Sold) | $955 | $768 |
| No. of New Listings: | 7 | 0 |
| Total # of Active Listings: | 9 | 2 |
| Average Price of Active Listings: | $1,547,500 | $2,449,750 |
| Average DOM of Active Listings: | 11 | 34 |
| Average $/Sq Foot (List) | $1,075 | $1,495 |
| Total # of Homes Pending Sale: | 6 | 7 |
| Active-Pending Ratio: | 1.5 : 1 | 0.29: 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 Residences 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) |
|---|---|---|---|---|
| 46 Roslyn Avenue | $2,400,000 | $2,498,000 | -$98,000 (-3.9%) | 22 |
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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 |
|---|---|---|
| 17 Cranfield Avenue | 53 | $2,799,500 |
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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 |
|---|---|---|---|---|
| 142 Plymouth Avenue | $2,176,000 | 3BR/2.5BA | 2,116/6,676 | Judy Citron, Alain Pinel Realtors |
| 70 Shelford Avenue | $1,699,000 | 3BR/2BA | 1,554/12,480 | Pamela Tyson, Keller Wiliams |
| 253 Highland Avenue | $1,674,500 | 3BR/2BA | 1,900/5,856 | Laura Bertolacci, Dwell Realtors |
| 2266 Brittan Avenue | $1,388,000 | 3BR/2BA | 1,540/4,992 | Mary Ellen Pellegrini, Coldwell Banker |
| 136 Lyndhurst Avenue | $1,348,000 | 3BR/2BA | 1,670/5,712 | Julie Vejmola, Coldwell Banker |
| 961 Cherry Street | $995,000 | 3BR/1BA | 980/5,000 | Susan Soden, Alain Pinel Realtors |
| 941 Holly Street | $848,000 | 2BR/1BA | 960/5,850 | Gordon Ferguson, Coldwell Banker |
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