The San Carlos Real Estate Week in Review: 12/5/09

December 6, 2009

2725-Clifford-Ave

3 pending sales, 9 closed escrows, and NO new listings makes for a frustrating week for San Carlos buyers.   I can't recall the last time there wasn't a new issue in San Carlos in an entire week!  That doesn't mean that buyers weren't out there working — 2120 Belmont sold this week amidst a plethora of offers.  (Yes, a plethora..)    But with the average days-on-market of all the active listings now sitting at 136 days, there's nothing new to choose from.

If there's any good news here, it's that I sense that some fresh, new inventory will hit the market in January.  So hang in there…

Here's a snapshot of the San Carlos market, as of 12/5. The previous week's stats are in parentheses:

Price Range Active Pending Ratio
< $1M 15 (17) 17 (19) 0.9 : 1 (0.9 : 1)
$1M –$1.5M 10 (12) 7 (11) 1.4 : 1 (1.1 : 1)
>$1.5M 8 (8) 2 (2) 4 : 1 (4 : 1)
Total 33 (37) 26 (32) 1.3 : 1 (1.2 : 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.

2725 Clifford Avenue, San Carlos

2725 Clifford Avenue, San Carlos

2725 Clifford Avenue

  • Pictured AboveSale Price: $1,199,000. Original List Price: $1,238,000. Difference: $39,000 (3.2%) below original list. DOM: 107 Days. (started out on the market at $1,295,000) MLS # 80934455. Listed by Melanie Smith of Coldwell Banker.

2801 Eaton Avenue

  • Sale Price: $1,185,000. Original List Price: $1,195,000. Difference: $10,000 (0.8%) below original list. DOM: 140 Days. (started out on the market at $1,295,000) MLS # 80950317. Listed by John Shroyer of RE/MAX Today.

547 Exeter Way

  • Sale Price: $1,040,000. Original List Price: $1,095,000. Difference: $55,000 (5.0%) below the original list.   DOM: 56 Days, MLS #80938560. Listed by Deidre Sauvage of Coldwell Banker.

2060 Cedar Street

  • Sale Price: $1,025,000. Original List Price: $1,050,000. Difference: $25,000 (2.4%) below the original list.   DOM: 0 Days, MLS #80947753. Listed by Mark Benson, Broker.

2064 Eucalyptus Avenue

  • Sale Price: $844,000. Original List Price: $839,000. Difference: $5,000 (0.6%) above the original list.   DOM: 5 Days, MLS #80948673. Listed by Richard Freedman of Intero Real Estate Services.

141 Valley Road

  • Sale Price: $835,000. Original List Price: $829,000. Difference: $6,000 (0.7%) above the original list.   DOM: 3 Days, MLS #80949423. Listed by Loren Dakin of Alain Pinel Realtors.

1421 Hull Drive

  • Sale Price: $749,000. Original List Price: $729,000. Difference: $20,000 (2.7%) above the original list.   DOM: 11 Days, MLS #80950739. Listed by Chet Lane of Prudential California Realty.

1112 Dayton Avenue

  • Sale Price: $745,000. Original List Price: $825,000. Difference: $80,000 (9.7%) below the original list.   DOM: 89 Days, MLS #80935494. Listed by Edward Mullins, Mullins & Company.

100 Cedar Street

  • Sale Price: $700,000. Original List Price: $765,000. Difference: $65,000 (8.5%) below the original list.   DOM: 51 Days, MLS #80935135. Listed by Ruba Kaileh of RE/MAX Today.

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Click the SOLD button below see all of the homes that have sold in San Carlos in the past 3 months.

sold_sign

Want your sold data sooner? Follow my updates on Twitter where I post San Carlos home sales as they happen. Just click on the Twitter button below….

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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

There were no new listings this past week in San Carlos.

    home-for-sale

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

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Open Houses in San Carlos

    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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