San Carlos Real Estate Agent, San Carlos Realtor The San Carlos Real Estate Week In Review: 6/20/09. | The White Oaks Blog

The San Carlos Real Estate Week In Review: 6/20/09.

by Chuck Gillooley

San Carlos Inventory Analysis

There was a big swing in the active/pending ratios this week that was caused by two main factors.  First, the buying spree in the sub-$1M is showing no signs of abating — homes are selling far more quickly than they’re listing.  Consequently, there are now far more homes pending in this price range than there are homes for sale.    Secondly, there was an unusual surge of new listings in the higher price ranges.   At the end of the week, the overall ratio continues to creep closer to 1:1.   Pretty amazing.

Here’s a snapshot of the San Carlos market, as of 6/20. The previous week’s stats are in parentheses:

Price Range Active Pending Ratio
Homes < $1M 23 (33) 31 (21) 0.7 : 1 (1.6 : 1)
Homes $1M –$1.5M 19 (12) 7 (11) 2.7 : 1 (1.1 : 1)
Homes >$1.5M 13 (10) 2(2) 6.5 : 1 (5.1 : 1)
Total 55 (55) 40 (35) 1.4 : 1 (1.6 : 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.

2172 Elizabeth Street, San Carlos
2172 Elizabeth Street, San Carlos

2172 Elizabeth Street

  • Pictured AboveSale Price: $1,265,000Original List Price: $1,279,000Difference: $14,000 (1.1%) below original list. DOM: 18 Days under current MLS # 80920186. Listed by Justine Ford of RE/MAX Today.

1339 Pebble Drive

  • Sale Price: $1,135,000Original List Price: $1,148,000Difference: $13,000 (1.1%) below original list. DOM: 48 Days under current MLS # 80914513.  First listed in July ’08 under a different brokerage at $1,698,000 (-33.2%). Listed by Molitor and Lunder of Intero Real Estate Services.

735 Orange Avenue

  • Sale Price: $814,500Original List Price: $849,000Difference: $34,500 (4.0%) below original list. DOM: 48 Days under current MLS # 80922750. Listed by Mike and Sandy Rostad of Coldwell Banker.

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.)

1578 Morse Boulevard, San Carlos
1578 Morse Boulevard, San Carlos

1578 Morse Boulevard

  • Pictured Above:  $1,980,000— 4BR/3BA, 3,100 sq ft on a 6,000 square foot lot.    MLS# 80928884, listed by Shirley Kraus of Intero Real Estate Services.

169 Glasgow Lane

  • $1,688,000— 4BR/3BA, 2,510 sq ft on a 7,481 square foot lot.    MLS# 80928872, listed by Mike and Sandy Rostad of Coldwell Banker.

1729 Elizabeth Street

  • $1,475,000— 4BR/3BA, 2,754 sq ft on a 10,200 square foot lot.    MLS# 80929552, listed by David Young of Coldwell Banker.

10 Loma Lane

  • $1,348,000— 4BR/3BA, 2,940 sq ft on a 10,800 square foot lot.    MLS# 80928913, listed by Debbie Lorell of Cashin Company.

2806 Roland Avenue

  • $1,150,000— 4BR/2.5BA, 1,830 sq ft on a 5,395 square foot lot.    MLS# 80928898, listed by David Parks of Gateway Properties.

19 Whitman Court

  • $979,000— 3BR/2BA, 1,760 sq ft on a 6,240 square foot lot.    MLS# 80929447, listed by Stanley Lo of Green Banker Realty.

136 Windsor Court

  • $935,000— 4BR/2BA, 2,150 sq ft on a 9,400 square foot lot.    MLS# 80929748, listed by David Young of Coldwell Banker.  This home is already pending sale after just 3 days on the market.

133 Highland Avenue

  • $899,000— 3BR/2.5BA, 1,760 sq ft on a 14,200 square foot lot.    MLS# 80929460, listed by Chet Lane of Prudential California Realty.

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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