The San Carlos Real Estate Week in Review: 5/8/2017.
May 8, 2017
The San Carlos real estate market absorbed another strong shot of listings this past week. Just like two weeks ago, 11 new listings jumped into the fray which helped boost the inventory up to the high teens again. This gave buyers quite a bit more to look at over the weekend, and the open house attendances reflected the extra miles that home buyers had to cover to see everything. This week will tell us quite a bit about the appetite of the buyers — if the market quickly absorbs this new injection of inventory, it will be “business as usual” in the San Carlos real estate market. We are just a few weeks away from when buyers start to get distracted with other time commitments such as weddings, graduations, and vacations.
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 5/7/2017:
San Carlos SFR Data | 5/7/17 | Prior Week |
---|---|---|
Closed Sales for the Week: | 10 | 11 |
Average Sold Price: | $2,269,800 | $1,601,364 |
Average % of List Price: | 106% | 109% |
Average DOM of Closed Sales | 20 | 10 |
Average $/Sq Foot (Sold) | $927 | $963 |
No. of New Listings: | 11 | 6 |
Total # of Active Listings: | 16 | 11 |
Average Price of Active Listings: | $1,916,216 | $2,007,790 |
Average DOM of Active Listings: | 9 | 11 |
Average $/Sq Foot (List) | $925 | $988 |
Total # of Homes Pending Sale: | 24 | 28 |
Active-Pending Ratio: | 0.67 : 1 | 0.39 : 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) |
---|---|---|---|---|
222 Oakley Avenue | $4,175,000 | $4,350,000 | -$175,000 (-4.0%) | 46 |
236 Alberta Avenue | $3,410,000 | $2,848,000 | +$562,000 (+19.7%) | 11 |
410 Hill Way | $2,705,000 | $2,598,000 | +$107,000 (+4.1%) | 9 |
1521 Cedar Street | $2,100,000 | $2,259,000 | -$159,000 (-7.0%) | 39 |
2720 Debbie Court | $2,000,000 | $1,788,000 | +$212,000 (+11.9%) | 4 |
55 Roslyn Avenue | $1,888,000 | $1,988,000 | -$100,000 (-5.0%) | 52 |
213 Park Avenue | $1,735,000 | $1,700,000 | +$35,000 (+2.1%) | 0 |
1136 Walnut Street | $1,685,000 | $1,528,000 | +$157,000 (+10.3%) | 14 |
1090 Cedar Street | $1,525,000 | $1,449,950 | +$75,050 (+5.2%) | 13 |
2212 San Carlos Avenue | $1,475,000 | $1,198,000 | +$277,000 (+23.1%) | 9 |
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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 |
---|---|---|
965 Chestnut Street | 11 | $1,894,888 |
926 Laurel Street | 0 | $1,198,000 |
2415 Eaton Avenue | 7 | $1,850,000 |
2441 San Carlos Avenue | 9 | $1,485,850 |
7 Phillip Lane | 9 | $1,599,000 |
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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 |
---|---|---|---|---|
209 Aberdeen Drive | $2,050,000 | 4BR/3BA | 2,430/7,301 | David Young, Coldwell Banker |
555 Exeter Way | $1,880,000 | 4BR/3BA | 2,970/7,300 | Debbie Wilhelm, Coldwell Banker |
1747 Greenwood Avenue | $1,899,000 | 2BR/2BA | 1,450/7,980 | Vandervort Group, Reside Network |
1100 Cordilleras Avenue | $1,798,000 | 3BR/2BA | 1,763/6,150 | Bob Bredel, Dwell Realtors |
33 Cobblestone Lane | $1,795,000 | 4BR/2.5BA | 3,020/17,642 | Lorelei Komm, Keller Williams |
2620 Debbie Place | $1,788,000 | 3BR/2BA | 1,950/9,000 | Chuck Gillooley, Dwell Realtors |
130 Barford Avenue | $1,699,000 | 4BR/2.5BA | 2,100/6,400 | Amber Hansen-Harris, Keller Williams |
120 Leslie Drive | $1,550,000 | 3BR/2.5BA | 1,600/9,800 | Melanie Smith, Coldwell Banker |
936 Sunset Drive | $1,398,000 | 4BR/4BA | 2,070/5,610 | Alex Lehr, Lehr Real Estate |
173 Vine Street | $1,295,000 | 3BR/1BA | 1,240/8,100 | F. Darrenougue, Forest Realty |
2120 Saint Francis Way | $1,148,500 | 3BR/2BA | 1,893/6,050 | Roger Dewes, Coldwell Banker |
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