Health & Fitness
The San Carlos Real Estate Wrap-Up: Week Ending 5/19/2012
The real estate market is still red-hot in San Carlos. Here's a quick summary of what listed, pended and sold in San Carlos this past week.
San Carlos Real Estate Summary.
This was a week that made buyers rejoice. There were 16 new listings to hit the market and another couple of re-lists in what was the biggest single-week increase in inventory so far this year. There are new options for just about every buyer, from 2-bedroom to 5-bedroom homes and prices ranging from $400,000 to $1.4M. At the time of this post, there were 37 homes for sale in San Carlos -- easily the highest inventory in months. Here's to hoping that this trend continues in the coming weeks. Buying activity remained brisk, with 6 homes going into contract -- all 6 the were only on the market for two weeks or less. Things are still moving quickly, so be sure to get out and see the new inventory while it's available. Here are the numbers for the 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 5-19-2012:
San Carlos Housing Data 5-19-12 Prior Week Closed Sales for the Week: 4 8 Average Sold Price $1,060,650 $1,215,625 (-12%) Average $/Sq Foot $582 $523 Sold Price vs Orig List (%) 108% 101% Average DOM of Closed Sales 48 22 No. of Homes Pending Sale: 40 39 Inventory of Active Listings: 37 26 (+30%) Average Price of Active Listings: $1,206,612 $1,368,188 (-12%) Average DOM of Active Listings: 20 26 Active-Pending Ratio: 0.9 : 1 0.67 : 1The San Carlos Open House Page.
If you're looking at open houses this weekend in San Carlos here's the only link you'll need: The San Carlos Open House Page. With one click, 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.
Find out what's happening in San Carloswith free, real-time updates from Patch.
Single-Family Homes SOLD in 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 DOM 1047 Hewitt Drive $1,505,000 $1,495,000 +$10,000 (+0.7%) 4 2065 Eaton Avenue $1,110,000 $899,950 +$210,050 (+23.3%) 7 505 Dartmouth Avenue $1,162,000 $1,049,000 +113,000 (+10.8%) 46 942 Montgomery Street $465,600 $499,000 -$33,400 (-6.7%) 135Note: 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.
Find out what's happening in San Carloswith free, real-time updates from Patch.
Single-Family Homes Pending Sale in San Carlos:
The following homes went "Pending Sale" this week. Click on the address of any of these homes for additional info:
Address DOM (days) List Price 901 Crestview Drive 14 $1,099,000 1640 Hull Drive 11 $699,000 1528 Saint Francis Way 8 $1,895,000 1532 School Street 8 $749,000 2879 Roland Avenue 8 $1,368,000 41 Walton Street 13 $979,000Note: The pending data provided above is strictly for informational purposes only, and does not suggest 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. Simply click on the address of each home to get the complete details.
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"The Square Foot Blog: Straight Talk on San Carlos Real Estate" is written by Chuck Gillooley -- San Carlos Resident, Realtor, and author of the White Oaks Blog.