The San Carlos Real Estate Week in Review: 8/8/09

August 8, 2009

week-in-review

week in review

Well, it was an interesting week in the world of San Carlos real estate…at least statistically speaking.   If you just look at the total number of active listings, which remained unchanged at 55, you'd think nothing happened.  Not so.    The inventory count was all over the map this week, from the low 50's to as high as 60 as homes were going into contract at the same brisk rate as new listings were coming on the market.   At the end of the week, it all balanced out.

The ultimate irony?  Despite all of that activity, not a single home actually sold this week in San Carlos.  When was the last time that happened?

Here's a snapshot of the San Carlos market, as of 8/8. The previous week's stats are in parentheses:

Price Range Active Pending Ratio
Homes < $1M 27 (25) 23 (18) 1.2 : 1 (1.4 : 1)
Homes $1M –$1.5M 17 (19) 11 (10) 1.5 : 1 (1.9 : 1)
Homes >$1.5M 11 (11) 1 (0) 11:1 (N/A)
Total 55 (55) 35 (28) 1.6 : 1 (2.0 : 1)

———————————————————————

What Sold in San Carlos

No homes sold this past week in San Carlos 🙁

sold_sign

(Click this button to see all of the homes that have sold in San Carlos in the past 3 months.)

——————————————————-

Homes Pending Sale in San Carlos

The following homes went pending this week:

pending

(Click this button to see all the homes that are Pending Sale in San Carlos.)

——————————————————-

New Listings in San Carlos

Below are the new listings that hit the market this past week in San Carlos. Simply click on the address of each home to get all the details.

43 Willow Glen Way, San Carlos

43 Willow Glen Way, San Carlos

43 Willow Glen Way

  • Pictured Above:  $974,000— 3BR/2BA, 1,900 sq ft on a 10,900 square foot lot. MLS# 80937670, listed by Donna Colangelo of Intero Real Estate Services.

15 Buckland Court

  • $978,000— 3BR/2.5BA, 1,940 sq ft on a 7,990 square foot lot. MLS# 80937501, listed by Raquel Nikravesh.

173 Exbourne Avenue

  • $799,000— 3BR/2BA, 1,240 sq ft on a 5,750 square foot lot. MLS# 80937210, listed by A. Dunckel and D. Brill of Alain Pinel Realtors.

2425 San Carlos Avenue

  • $679,000— 2BR/1BA, 1,020 sq ft on a 7,000 square foot lot. MLS# 80937409, listed by Vincent Armando of Armando Investments.

1055 Sylvan Drive

  • $524,900— 3BR/1BA, 1,090 sq ft on a 5,000 square foot lot. Bank-owned.  MLS# 80937874, listed by John Sieling of RE/MAX Today.

home-for-sale

(Click this button to see ALL of the homes currently for sale in San Carlos.)

———————————————

(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.)

———————————————

Posted in:

Leave a Comment