The San Carlos Real Estate Week In Review: 5/30/09.

May 30, 2009

108-wildwood

San Carlos Inventory Analysis

It was another busy week in San Carlos, but it's the kind of activity that doesn't necessarily show up on the scoreboard right away:  Pending Sales.   From the table below, you can see a big surge in the number of homes pending sale below $1,000,000.   Contrast that with the lethargic performance of the high-end market over $1,500,000 which hasn't changed much in months.   Here's a snapshot of the San Carlos market, as of 5/30. The previous week's stats are in parentheses:

Price Range Active Pending Ratio
Homes < $1M 39 (37) 19 (12) 2.1 : 1 (3.1 : 1)
Homes $1M –$1.5M 15 (15) 11 (10) 1.4 : 1 (1.5 : 1)
Homes >$1.5M 11 (11) 1(2) 11 : 1 (5.5 : 1)
Total 65 (63) 31 (24) 2.1 : 1 (2.3 : 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.

108 Wildwood Avenue

108 Wildwood Avenue, San Carlos

108 Wildwood Avenue

  • Pictured AboveSale Price: $1,350,000Original List Price: $1,450,000Difference: $100,000 (6.9%) below original list. DOM: 15 Days under current MLS # 80919249.  First listed in Feb '09 at $1,595,000 (-15.4%) Listed by Erika Demma of Coldwell Banker.

23 Vine Street

  • Sale Price: $728,000Original List Price: $799,000Difference: $71,000 (8.9%) below original list. DOM: 51 Days under MLS # 80908512.  Listed by Lou Carlos of Cashin Company.

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

Here are some noteworthy pending sales from this week.

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.)

233 Clifton Avenue

  • $1,430,000— 2BR/2 BA, 1,930 sq ft on a 15,660 square foot lot.    MLS# 80925801, listed by George Drysdale of  Drysdale Real Estate Investments.

908 Leslie Court

  • $1,379,900— 4BR/2.5 BA, 2,747 sq ft on a 8,000 square foot lot.    MLS# 80926167, listed by Valerie Dakin of Alain Pinel Realtors.

140 Devonshire Boulevard

  • $943,000— 3BR/2.5 BA, 1,560 sq ft on a 7,950 square foot lot.    MLS# 80925256, listed by David Macdonald of David J. Macdonald Real Estate.

2025 Greenwood Avenue

  • $839,000— 3BR/2 BA, 1,420 sq ft on a 6,006 square foot lot.    MLS# 80926253, listed by Len Moore of Vilmont Investment Properties.

1047 McCue Avenue

  • $619,000— 2BR/1 BA, 920 sq ft on a 5,550 square foot lot.    MLS# 80926255, listed by Peter Vece of Dumas and Company.

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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