The San Carlos Real Estate Week in Review: 9/26/09

September 27, 2009

151-Alberta-Ave

week in review

It was another very active week in San Carlos.  There seems to be no shortage of buyers looking for homes here.  Several new listings from last week are already sold, and I wouldn't be at all surprised to see some of the new listings below do the same thing this week.  White Oaks seems to be heating up again, and there's some great new inventory there to choose from this week.

Here's a snapshot of the San Carlos market, as of 9/26. The previous week's stats are in parentheses:

Price Range Active Pending Ratio
Homes < $1M 32 (32) 27 (21) 1.2 : 1 (1.5 : 1)
Homes $1M –$1.5M 17 (21) 9 (9) 1.9 : 1 (2.3 : 1)
Homes >$1.5M 10 (8) 1 (1) 10.0 : 1 (8.0 : 1)
Total 59 (61) 37 (31) 1.6 : 1 (2.0 : 1)

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What Sold in San Carlos

Below are homes that sold this past week in San Carlos. Click on the respective addresses to get all the details.

400 Alameda

400 Alameda de las Pulgas, San Carlos

400 Alameda de las Pulgas

  • Pictured AboveSale Price: $1,406,000. Original List Price: $1,499,000. Difference:$93,000 (6.2%) below original list. DOM: 98 Days under current MLS# 80921394. Listed by Bob Bredel of RE/MAX Today.

1797 Elizabeth Street

  • Sale Price: $1,380,000. Original List Price: $1,380,000No difference from list. DOM: 0 Days under current MLS# 80945815.  Sold off-market.  Listed by John Shroyer of RE/MAX Today.

3184 Brittan Avenue

  • Sale Price: $890,000. Original List Price: $975,000. Difference: $85,000 (8.7%) below original list. DOM: 50 Days under current MLS# 80930042. Listed by Mary Duvall of Coldwell Banker.

148 Manzanita Avenue

  • Sale Price: $648,000. Original List Price: $648,000. No difference from list. DOM: 8 Days under current MLS# 80939439. Listed by Sharon Schmid of Intero Real Estate Services.

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

The following homes went “Pending Sale” this week — click on the address for more info:

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. Simply click on the address of each home to get all the details.

151 Alberta Avenue, San Carlos

151 Alberta Avenue, San Carlos

151 Alberta Avenue

  • Pictured Above:  $999,928 — 4BR/2BA, 2,240 sq ft on a 7,952 square foot lot. MLS# 80946192, listed by Genella  Williamson of Alain Pinel Realtors.

1653 Gover Lane

  • $988,000 — 3BR/2BA, 1,820 sq ft on a 5,650 square foot lot. MLS# 80946109, listed by William McQuaid of Cashin Company.

1116 Orange Avenue

  • $845,000 — 3BR/2BA, 1,560 sq ft on a 6,400 square foot lot. MLS# 80946135, listed by Orla Sater of Intero Real Estate Services.

104 Wycombe Avenue

  • $749,000 — 3BR/2BA, 1,530 sq ft on a 5,300 square foot lot. MLS#80946018, listed by Ron Marin of Alain Pinel Realtors.

327 Chestnut Street

  • $705,000— 3BR/1BA, 1,260 sq ft on a 5,950 square foot lot. MLS# 80945148, listed by Philip Watson of Prudential.

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    home-for-sale

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

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    open house

    (Click this button to see ALL of the open houses scheduled for this weekend 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.)

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3 Comments

  1. stan frazier on October 1, 2009 at 7:01 pm

    Chuck

    I hope your straw poll of measure U is off. I would think this would be a no brainer. We have watched our services go down while value in property has gone up over last 10 years. Can’t keep people interested in a great city with out providing services.



  2. Michael on October 2, 2009 at 12:52 am

    depends what you mean by services, but by your own admission, services have gone down while property values are up.

    I don’t see that those two observations have anything to do with the other. It certainly does not support your promotion of the 1/2 cent increase.

    The geography, fine schools and general appeal of San Carlos are why property values are up; not having a SCOOT or artificial turf in all our fields hasn’t hurt us. If we don’t have a farmers market, you can choose among all the neighboring cities to visit them.

    We can have all these services to which you you refer when we can afford them. And if people want them so badly, they can pay a nominal fee tp enjoy them.

    Why scare business away with higher sales tax, not to mention the state may decide to force us to pay tax on services. This will clearly impact peoples’ wallets where they have been paying no tax at all: Home and Car repair, doctor visits, landscaping, housekeeping, etc.

    Add it up and it amounts to quite a tab per person.



  3. Chuck on October 3, 2009 at 1:10 am

    Stan,

    If history is any indication, then it’s not good news for Measure U. Every other straw poll that I have run on this site (that was related to an election) has closely mirrored the outcome of that election. And right now, 61% of those who have voted are against the measure. The other problem is that many are predicting a very low turnout for this election. Regardless, it will be interesting to see what happens.

    CG



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