The San Carlos Real Estate Week In Review: 7/11/09.

July 11, 2009

1864-Belmont-Ave

San Carlos Inventory Analysis

Not a ton of activity this week, as you might expect entering the middle section of the summer break.   However, buyers are still actively shopping and making offers, as you can see in the Sale Pending section.   3 homes went into contract this week that were on the market for less than 9 days.

Here's a snapshot of the San Carlos market, as of 7/11.  The previous week's stats are in parentheses:

Price Range Active Pending Ratio
Homes < $1M 24 (22) 19 (19) 1.3 : 1 (1.2 : 1)
Homes $1M –$1.5M 22 (24) 7 (7) 3.1 : 1 (3.4 : 1)
Homes >$1.5M 11 (12) 0 (1) N/A (12.1 : 1)
Total 57 (58) 26 (27) 2.2 : 1 (2.1 : 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.

1805 Cedar Street, San Carlos

1805 Cedar Street, San Carlos

1805 Cedar Street

  • Pictured AboveSale Price: $1,450,000Original List Price: $1,475,000Difference: $25,000 (1.7%) below original list. DOM: 13 Days under current MLS # 80921599. Listed by Kristen Archibald of RE/MAX Today.

445 Hillcrest Road

  • Sale Price: $1,405,000Original List Price: $1,749,000Difference: $344,000 (19.7%) below original list. DOM: 124 Days under current MLS # 80902522. Listed by Greg Garcia of Atlas Realty.

260 Oakview Drive

  • Sale Price: $1,360,000Original List Price: $1,695,000Difference: $335,000 (19.8%) below original list. DOM: 189 Days under current MLS # 80833806. Listed by Bruce Dougherty of Alain Pinel Realtors.

15 Gaylord Court

  • Sale Price: $818,250Original List Price: $799,000Difference: $19,2500 (2.4%) above original list. DOM: 13 Days under current MLS # 80922620. Listed by Joanne Norris of Alain Pinel Realtors.

1047 McCue Avenue

  • Sale Price: $610,000Original List Price: $619,000Difference: $9,000 (1.5%) below original list. DOM: 6 Days under current MLS # 80926255. Listed by Peter Vece of Dumas & 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.)

1864 Belmont Avenue, San Carlos

1864 Belmont Avenue, San Carlos

1864 Belmont Avenue

  • Pictured Above:  $1,199,000— 4BR/2.5BA, 1,960 sq ft on a 6,215 square foot lot.    MLS# 80932210, listed by Christy Ovtcharov of Alain Pinel Realtors.

534 Wellington Drive

  • $889,000— 3BR/2.5BA, 1,450 sq ft on a 7,050 square foot lot.    MLS# 80932211, listed by Justine Ford of RE/MAX.

1333 Elm Street

  • $754,900— 2BR/1BA, 1,390 sq ft on a 4,800 square foot lot.   Bank-owned property.   MLS# 80932802, listed by Leyla Alhosseini of New Light 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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