Market Strength.
The real estate market in San Carlos has seemed to survive everything that has been thrown at recently — rising interest rates, temporary government shutdown, and the corresponding stock market volatility — and yet it keeps chugging along. This past week’s home closing data showed us that homes in San Carlos are still selling at a blistering pace, and are fetching significant premiums over the asking price (111%).
Even though only 5 listings went pending this week, the majority of these saw fierce competition and garnered multiple offers, as you will see when the sales numbers are published after they close escrow. So buyers take heed that the market is still ultra-competitive here in San Carlos — and should remain so throughout the fall/winter buying season.
Here are the numbers for last week…
By The Numbers.
Below is a high-level snapshot of the market performance for single-family residences in San Carlos. This data is for the week ending 10-19-2013:
San Carlos Housing Data
10-19-13
Prior Week
Closed Sales for the Week:
9
4
Average Sold Price
$1,179,056
$1,127,750
Average $/Sq Foot (Sold)
$592
$739
Sold Price vs Orig List (%)
111%
97%
Average DOM of Closed Sales
24
28
No. of Homes Pending Sale:
22
28
Inventory of Active Listings:
16
19
Average Price of Active Listings:
$1,550,615
$1,485,781
Average DOM of Active Listings:
42
31
Average $/Sq Foot (List)
$577
$598
Active-Pending Ratio:
0.73 : 1
0.68 : 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 Open House List
___________________________________________________________________
Single-Family Homes SOLD in San Carlos:
76 Bay View Drive, San Carlos
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
Days on Market
76 Bay View Drive
$1,770,000
$1,675,000
+$95,000 (+5.7%)
8
40 Hartford Avenue
$1,305,000
$999,000
+$306,000 (+30.1%)
9
262 Cedar Street
$1,269,000
$1,079,000
+$190,000 (+17.6%)
9
55 Shelford Avenue
$1,237,500
$999,000
+$238,500 (+23.9%)
8
300 De Anza Avenue
$1,210,000
$1,087,000
+$123,000 (+11.3%)
7
20 Barbara Lane
$1,140,000
$998,000
+$142,000 (+14.2%)
77
602 De Anza Avenue
$1,090,000
$999,000
+$91,000 (+9.1%)
12
903 Hall Street
$825,000
$970,000
-$145,000 (-14.9%)
82
2133 Brittan Avenue
$765,000
$749,000
+$16,000 (+2.1%)
8
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.
(Click the “Homes Sold” sign below see all of the homes that have sold in San Carlos in the past 3 months.)
Homes Sold in San Carlos
___________________________________________________________________
Single-Family Homes Pending Sale in San Carlos:
The following homes went “Pending Sale” this week. Click on the address to see more details:
Address
DOM (days)
List Price
124 Chesham Avenue
12
$1,659,000
34 Stanford Lane
5
$975,000
1137 Woodland Avenue
9
$889,000
1500 Saint Francis Way
7
$1,295,000
1089 Porto Marino Drive
17
$1,199,000
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.
(Click the “Homes Pending Sale” sign below to see ALL the homes that are Pending Sale in San Carlos.)
Homes Pending Sale in San Carlos
___________________________________________________________________
New Single-Family Home Listings in San Carlos:
3142 La Mesa Drive, San Carlos
Below are the new listings that hit the market this past week in San Carlos. Simply click on the address of each home to get the complete details.
Address
List Price
BR/BA
Sq Ft (home/lot)
Listed By
3142 La Mesa Drive
$1,399,000
5BR/3BA
2,660/9,990
Tim Earley, Coldwell Banker
870 Crestview Drive
$1,398,000
4BR/2BA
2,250/8,262
Jaime Jones, Intero
9 Devonshire Boulevard
$989,000
3BR/2BA
1,640/10,560
Marcus Lee, Climb Real Estate
153 Palm Avenue
$839,000
3BR/2BA
1,430/5,550
Kate Finnigan, Intero
Note: The listing data provided above is strictly for informational purposes only, and should not imply that the author is the listing agent.
(Click the “Homes For Sale” sign below to see ALL of the homes currently for Sale in San Carlos.)
Homes for Sale in San Carlos
___________________________________________________________________
Condos and Townhomes Sold in San Carlos:
Below are the condos/townhouses that sold this past week. Click on the address for all of the details:
Address
Sold Price
Orig. List
Difference
DOM
1119 Royal Lane
$1,200,000
$1,075,000
+$125,000 (+11.6%)
10
(Click the “Condos Sold” button below to see all of the condos and townhomes that have recently sold in San Carlos)
Condos Sold in San Carlos
___________________________________________________________________
Condo/Townhouse Pending Sales in San Carlos
The following condos/townhouses are now pending sale:
Address
DOM (days)
1001 Laurel Street #305
7
(Click the “Condos Pending Sale” button below to see all of the condos and townhomes that are pending sale in San Carlos)
Condos Pending Sale in San Carlos
___________________________________________________________________
New Condo/Townhouse Listings in San Carlos:
The following condo/townhouses listed this past week. Click on the address or MLS # or all the details:
Address
List Price
BR/BA
Sq Feet
Listed By
416 Portofino Drive #105
$700,000
2BR/2BA
1,310
Cynthia Reese, Keller Williams
3332 La Mesa Drive #10
$600,000
2BR/2BA
1,040
Valerie Hinton, Broker
(Click the “Condos for Sale” button below to see all of the condos and townhomes that are currently for sale in San Carlos)
Condos for Sale in San Carlos
___________________________________________________________________
Want Your Info Sooner?
I post sales data as it happens — just click on the buttons below to follow the White Oaks Blog on Twitter and the White Oaks Blog Page on Facebook
———————————————-
(The “San Carlos Week in Review” series is a summary of new listings and home sales in San Carlos for the prior week.)
———————————————
_____________________________________________________________________________
Are you ready to step up to the most comprehensive data available about the San Carlos Real Estate market? Then subscribe to the White Oaks Blog for free by clicking here. Be sure to follow the White Oaks Blog on Facebook at https://Facebook.com/WhiteOaksBlog , and on Twitter @WhiteOaksBlog.
Get the best coverage on the San Carlos real estate market delivered right to you!
_____________________________________________________________________________
Rating: 0.0/5 (0 votes cast)
Related posts:
The San Carlos Real Estate Week in Review: 12/25/10
The San Carlos Real Estate Week in Review: 1/1/11
The San Carlos Real Estate Week in Review: 1/15/11
The San Carlos Real Estate Week in Review: 11/27/10
The San Carlos Real Estate Week in Review: 12-29-12.