The San Carlos Real Estate Week In Review: 7/4/09.

July 4, 2009

3464-Brittan

San Carlos Inventory Analysis

Quite a few homes closed escrow this week, which is to be expected after the brisk activity we saw in May and June.  In normal years, the market starts to simmer down for a couple of months as people head off on vacation.   It will be interesting to see if the same pattern holds for this year.

Here's a snapshot of the San Carlos market, as of 7/4.  The previous week's stats are in parentheses:

Price Range Active Pending Ratio
Homes < $1M 22 (22) 19 (27) 1.2 : 1 (0.8 : 1)
Homes $1M –$1.5M 24 (23) 7 (7) 3.4 : 1 (3.3 : 1)
Homes >$1.5M 12 (13) 1(2) 12 : 1 (6.5 : 1)
Total 58 (58) 27 (35) 2.1 : 1 (1.7 : 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.

3464 Brittan Avenue, San Carlos

3464 Brittan Avenue, San Carlos

3464 Brittan Avenue

  • Pictured AboveSale Price: $1,360,000Original List Price: $1,450,000Difference: $79,888 (7.6%) below original list. DOM: 112 Days under current MLS # 80904140. Listed by Timothy Gilmartin of the Gilmartin Group.

65 Maple Way

  • Sale Price: $970,000Original List Price: $1,049,888Difference: $79,888 (7.6%) below original list. DOM: 88 Days (what's with all of these 8's???) under current MLS # 80911875. Listed by Steve Eldridge of RE/MAX Today.

2107 Cedar Street

  • Sale Price: $965,000Original List Price: $1,025,000Difference: $60,000 (5.8%) below original list. DOM: 93 Days under current MLS # 80922936. Originally listed under a different MLS # at $1,099,000 (-12.2%).  Listed by Ronda O'Leary of Cashin Company.

2305 Howard Avenue

  • Sale Price: $920,000Original List Price: $949,000Difference: $29,000 (3.1%) below original list. DOM: 38 Days under current MLS # 80920298. Listed by Erika Demma of Coldwell Banker.

2024 Greenwood Avenue

  • Sale Price: $918,000Original List Price: $929,000Difference: $11,000 (1.1%) below original list. DOM: 1 Days under current MLS # 80928603. Listed by David Young of Coldwell Banker.

925 Bauer Drive

  • Sale Price: $900,000Original List Price: $899,000Difference: $1,000 above original list. DOM: 17 Days under current MLS # 80924127. Listed by Dolly Ramos of Prudential California Realty.

1201 Dayton Avenue

  • Sale Price: $835,000Original List Price: $844,000Difference: $9,000 (1.1%) below original list. DOM: 64 Days under current MLS # 80927170. It originally listed under a different MLS # at $885,000 (-5.6%).   Listed by Mike and Sandy Rostad of Coldwell Banker.

2025 Greenwood Avenue

  • Sale Price: $840,000Original List Price: $839,000Difference: $1,000 (0.1%) above original list. DOM: 11 Days under current MLS # 80926253. Listed by Len Moore of Vilmont Investment Properties.

849 Elm Street

  • Sale Price: $625,000Original List Price: $649,000Difference: $24,000 (3.7%) below original list. DOM: 1 Days under current MLS # 80930034. Listed by Justine Ford of RE/MAX Today.

425 Cedar Street

  • Sale Price: $610,000Original List Price: $750,000Difference: $140,000 (18.7%) below original list. DOM: 78 Days under current MLS # 80914536. Listed by John Shroyer of RE/MAX Today.

2743 San Carlos Avenue

  • Sale Price: $540,000Original List Price: $615,900Difference: $75,900 (12.3%) below original list. DOM: 78 Days under current MLS # 80839669. Listed by Michael  Ames of Patriot Properties.

278 Vine Street

  • Sale Price: $530,000Original List Price: $600,000Difference: $70,000 (11.7%) below original list. DOM: 0 Days under current MLS # 80924581. Listed by Gail Aknin 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

This was the week of the “senior citizen,” so to speak, for some old listings finally getting into contract.  Nice to get these ones moving along…

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.)

143 Mesa Verde Way, San Carlos

143 Mesa Verde Way, San Carlos

143 Mesa Verde Way

  • Pictured Above:  $1,350,000— 3BR/2.5BA, 2,470 sq ft on a 10,080 square foot lot.    MLS# 80931337, listed by Stephen Hicks of Gateway Properties.

1805 White Oak Way

  • $1,075,000— 4BR/2BA, 1,530 sq ft on a 5,500 square foot lot.    MLS# 80931781, listed by John Shroyer of RE/MAX Today.

304 Cedar Street

  • $729,950— 3BR/1BA, 1,240 sq ft on a 5,180 square foot lot.    MLS# 80931996, listed by Alex Lehr of Lehr Real Estate.

965 Chestnut Street

  • $650,000— 2BR/2BA, 1,650 sq ft on a 5,885 square foot lot.    MLS# 80931746, listed by Patrick Ryan of Alain Pinel Realtors.

1009 Holly Street

  • $450,000— 2BR/1BA, 840 sq ft on a 5,750 square foot lot.    MLS# 80931323, listed by Bill Manolis of Manolis MV Properties.

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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