Podcast: The San Carlos Week In Review — 10/19/08

October 25, 2008

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Welcome to the “San Carlos Week in Review” for the week of 10/19/08.   The “Week in Review” series is comprised of a weekly podcast, and a summary of new listings and home sales in San Carlos the prior week.  Between the two, you should get a great idea of what happened last week in San Carlos real estate!

In this week's podcast you'll hear:

  1. The emerging dichotomy in the San Carlos market — the bottom is hot, the top is not.
  2. Market behavior at both extremes of the price range.

Click on the “Play Now” link below to hear the podcast.  Enjoy!

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Here's what sold this week, and what new listings hit the market.  Click on the addresses for more information.

Home Sales

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  • 820 Hemlock St: (Pictured above)  Sale Price: $1,302,500. Original List Price: $1,337,000. Difference: $34,500 (2.6%) below original list.  DOM: 16 Days. MLS # 80833574, listed by Laura Bertolacci of RE/MAX Today.
  • 42 Williams Ln: Sale Price: $1,230,000. Original List Price: $1,195,000. Difference: $35,000 (2.9%) above original list.  DOM: 24 Days. MLS # 80832471, listed by Arn Cenedella of Coldwell Banker.
  • 261 Oakview Dr: Sale Price: $1,115,000. Original List Price: $1,399,999. Difference: $284,999 (20.3%) below original list.  But that's not the whole story….This home has been on and off the market for over two years when it first listed for $1,690,000. Four brokerage changes and $500k later, and it has sold.   DOM for current listing: 128 Days. MLS # 80804634, listed by Anita Gandhi of Prudential California Real Estate.
  • 15 Whitman Ct: Sale Price: $1,090,000. Original List Price: $1,125,000. Difference: $35,000 (3.1%) below original list.  This is another listing with a little more history than meets the eye.  It has actually been on the market for a total of 124 days, when it was first listed for $1,180,000 under a different brokerage.   DOM for current listing: 35 Days. MLS # 80826111, listed by Donald Sfarzo of Alain Pinel Realtors.
  • 2682 Thornhill Dr: Sale Price: $950,000. Original List Price: $1,150,000. Difference: $200,000 (17.4%) below original list.  DOM: 67 Days. MLS # 80819339, listed by Olivia Edwards of McGuire Real Estate.
  • 1056 San Remo Way: Sale Price: $930,000. Original List Price: $949,000. Difference: $19,000 (2.0%) below original list.  DOM: 17 Days. MLS # 80832144, listed by Cookie Cala of Elite Properties.
  • 2 Burnham Ct: Sale Price: $855,000. Original List Price: $899,950. Difference: $44,950 (5.0%) below original list.  DOM: 17 Days. MLS # 80832144, listed by Cookie Cala of Elite Properties
  • 1423 Alameda De Las Pulgas: Sale Price: $824,000. Original List Price: $799,000. Difference: $25,000 (3.1%) above original list.  DOM: 53 Days. MLS # 80828526, listed by Trish Ward of Intero Real Estate Services.
  • 136 Plymouth Ave: Sale Price: $820,000. Original List Price: $774,950. Difference: $45,050 (5.8%) above original list.  DOM: 3 Days. This one went very fast.   MLS # 80832512, listed by Dave Blewett of Intero Real Estate Services.
  • 2443 San Carlos Ave: Sale Price: $757,000. Original List Price: $749,950. Difference: $7,050 (0.94%) above original list.  DOM: 18 Days. MLS # 80832511, listed by Dave Blewett of Intero Real Estate Services.
  • 231 Windsor Dr: Sale Price: $699,000. Original List Price: $799,950. Difference: $109,950 (13.74%) below original list.  DOM: 41 Days. MLS # 80830756, listed by Ellen Scardigli of Cashin Company.
  • 916 Hall St: Sale Price: $655,000. Original List Price: $649,000. Difference: $6,000 (0.92%) above original list.  DOM: 18 Days. MLS # 80833570, listed by Mary Duvall of Coldwell Banker.
  • 1027 Springfield St: Sale Price: $565,000. Original List Price: $780,000. Difference: $215,000 (27.6%) below original list.  DOM: 264 Days. MLS # 80774471, listed by Dennis Tiu of Realty World.

New Listings

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  • 2048 Alma St: (Pictured Above)  $2,195,000 — 4BR/3.5BA, 2,900 sq ft on a 7,800 square foot lot.    It's rare to see homes on Alma hit the market, so this one should attract lots of attention.   MLS# 80841798, listed by Donna Colangelo of Intero Real Estate Services.
  • 19 Camborne Ave: $1,485,000 — 4BR/2.5BA, 2,880 sq ft on a 14,200 square foot lot.     MLS# 80840860, listed by Andre Saffarnia of RE/MAX Today.
  • 1616 Chestnut St: $929,000 — 3BR/2BA, 1,640 sq ft on a 4,400 square foot lot.  MLS# 80841909, listed by Regina Pio Roda of Redfin.
  • 1353 Cordilleras Ave: $829,500 — 2BR/2BA, 1,360 sq ft on a 5,200 square foot lot.  MLS# 80841809, listed by Susan Michal of Cashin Company.
  • 113 Belvedere Ave: $799,950 — 2BR/1BA, 1,100 sq ft on a 4,600 square foot lot.  MLS# 80840868, listed by Alex Lehr of Lehr Real Estate.
  • 1340 Elm St: $799,000 — 2BR/1BA, 1,280 sq ft on a 4,800 square foot lot.  MLS# 80840606, listed by Loren Dakin of Alain Pinel Realtors.
  • 41 Walton St: $749,000 — 3BR/2BA, 1,650 sq ft on a 6,700 square foot lot.    This one is already gone after only 3 days on the market. MLS# 80840868, listed by John Herrmann of RE/MAX Today.

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