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The San Carlos Real Estate Week in Review: 12/19/09

December 20, 2009 "The Week in Review", *San Carlos Real Estate No Comments

Inventory continued to drop this past week due to combination of a few homes selling, and some of the older listings being pulled off the market. At the end of the week, the inventory count dropped to 25, which is the lowest level reached this year. Rebuilding the inventory to normal levels isn’t going to happen overnight, but look for January to be a busy month. There are definitely new listings that will be coming early in the new year.

Here’s a snapshot of the San Carlos market, as of 12/19. The previous week’s stats are in parentheses:

Price Range	Active	Pending	Ratio
< $1M	11 (15)	16 (15)	0.7 : 1 (1.1 : 1)
$1M –$1.5M	9 (8)	5 (6)	1.8 : 1 (1.3 : 1)
>$1.5M	5 (6)	1 (2)	5 : 1 (3 : 1)
Total	25 (29)	22 (26)	1.1 : 1 (1.3 : 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.

138 Queens Court, San Carlos

138 Queens Court

Pictured: Sale Price: $2,600,000. Original List Price: $2,950,000. Difference: $350,000 (11.9%) below original list. DOM: 159 Days. MLS #80928436. Listed by Wendi Selig of Coldwell Banker

227 Frances Lane

Sale Price: $1,221,000. Original List Price: $1,399,931. Difference: $178,931 (12.8%) below original list. DOM: 83 Days. MLS #80940485. Listed by Donna Marie Baldwin of Coldwell Banker.

2335 Saint Francis Way

Sale Price: $924,000. Original List Price: $988,000. Difference: $64,000 (6.5%) below original list. DOM: 45 Days. MLS #80943583. Listed by Heather Hansen of Alain Pinel Realtors.

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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.

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:

1325 Oakhurst Ave, after 109 days on the market.
19 Whitman Court, after 182 days.

(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.

175 Vista Del Grande

$1,495,000 – 3BR/4BA, 3,800 sq ft on a 4.96 acre foot lot. MLS# 80957610. Listed by Richard Lechleitner of Consolidated Investments.

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

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Open Houses in San Carlos

(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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