San Carlos Real Estate Agent, San Carlos Realtor The San Carlos Real Estate Week In Review: 5/16/09. | The White Oaks Blog

The San Carlos Real Estate Week In Review: 5/16/09.

by Chuck Gillooley

San Carlos Inventory Analysis

For the second straight week, home sales have far outpaced new listings in San Carlos.  Consequently, the inventory has dropped from 70 homes for sale just two weeks ago down to 60 this week.    Less inventory, and more pending sales means that homes are moving — and we’re seeing increased signs of life in the $1M-$1.5M “move-up” market.    Here’s a snapshot of the San Carlos market, as of 5/16. The previous week’s stats are in parentheses:

Price Range Active Pending Ratio
Homes < $1M 34 (37) 20 (20) 1.7 : 1 (1.9 : 1)
Homes $1M –$1.5M 15 (18) 10 (7) 1.5 : 1 (2.6 : 1)
Homes >$1.5M 11 (11) 2 (2) 5.5 : 1 (5.5 : 1)
Total 60 (66) 32 (29) 2.3 : 1 (2.8 : 1)

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San Carlos Home Sales

Below are homes that sold this past week in San Carlos. Click on the respective addresses to get all the details.

1048 San Remo Way
1048 San Remo Way, San Carlos

1048 San Remo Way

  • Pictured Above:  Sale Price: $1,300,000Original List Price: $1,385,000Difference: $85,000 (6.1%) below original list. DOM: 22 Days under MLS # 80913213.  Listed by Dan Gilmartin of the Gilmartin Group.

73 Wessex Way

  • Sale Price: $955,000Original List Price: $1,025,000Difference: $70,000 (6.8%) below original list. DOM: 36 Days under MLS # 80910465.  Listed by Melanie Smith of Coldwell Banker.

2258 Carmelita Drive

  • Sale Price: $975,000Original List Price: $988,000Difference: $13,000 (1.3%) below original list. DOM: 3 Days under MLS # 80917527.  Listed by Rita Boren of the Sereno Group.

48 Stanford Lane

  • Sale Price: $750,000Original List Price: $739,000Difference: $11,000 (3.0%) above original list. DOM: 1 Day under MLS # 80918085.  Listed by David Young of Coldwell Banker.

1761 Walnut Street

  • Sale Price: $700,000Original List Price: $679,900Difference: $20,100 (3.0%) above original list. DOM: 5 Days under MLS # 80913852.  Listed by Steve Guernsey, Broker.

sold_sign <== Click this button to see all of the homes that have sold in San Carlos in the past 3 months.

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Homes Pending Sale in San Carlos

There were a couple of noteworthy listings that went pending this past week.  Buyers are still jumping at “move-in” condition homes that are priced well.

pending <== Click this button to see all the homes that are Pending Sale in San Carlos.

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New Listings in San Carlos

Below are the new listings that hit the market this past week in San Carlos. Click on the respective addresses to get all the details.  (Note:  If  a generic map comes up instead of a property profile, it likely means that particular home  is already Pending Sale.  Click the link in the “Homes Pending Sale” section to check.)

1925 Greenwood Avenue, San Carlos
1925 Greenwood Avenue, San Carlos

1925 Greenwood Avenue

  • Pictured Above:  $1,199,000 — 4BR/2BA, 1,714 sq ft on a 7,740 square foot lot.    MLS# 80924002, listed by Cy Rinck of Alain Pinel Realtors.

2261 Howard Avenue

  • $1,350,000 — 3BR/2.5BA, 2,840 sq ft on a 5,520 square foot lot.    MLS# 80923585, listed by David Young of Coldwell Banker.

1337 Cedar Street

  • $899,950 — 3BR/2BA,1,730 sq ft on a 5,700 square foot lot.    MLS# 80923629, listed by Marc Romer of RE/MAX Today.

home-for-sale<== Click this button to see ALL of the homes currently for sale in San Carlos.

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(The “San Carlos Week in Review” series is a summary of new listings and home sales in San Carlos for the prior week, and an occasional podcast mixed in to keep things lively. Between the two, you should get a great idea of what happened last week in San Carlos real estate.)

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