San Carlos Real Estate Agent, San Carlos Realtor The San Carlos Real Estate Week in Review: 12/26/09 | The White Oaks Blog

The San Carlos Real Estate Week in Review: 12/26/09

by Chuck Gillooley

This week, the total number of homes sold so far this month surpassed the total for all of December 2008.  Why is this significant?  Because it’s the fourth month in a row where sales have increased over the year-ago period.    This is a strong indicator that the San Carlos market is working its way out of the recessionary slump that held the market down for the first two-thirds of 2009.   Since January of ’09 was a weak month, I wouldn’t be at all surprised to see this trend continue into the new year.

Here’s a snapshot of the San Carlos market, as of 12/26. The previous week’s stats are in parentheses:

Price Range Active Pending Ratio
< $1M 11 (11) 14 (16) 0.8 : 1 (0.7 : 1)
$1M –$1.5M 9 (9) 4 (5) 2.3 : 1 (1.8 : 1)
>$1.5M 5 (5) 0 (1) N/A (5 : 1)
Total 25 (25) 18 (22) 1.4 : 1 (1.1 : 1)

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Homes 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.

1578 Morse Blvd, San Carlos
1578 Morse Blvd, San Carlos

1578 Morse Boulevard

  • Pictured AboveSale Price: $1,850,000. Original List Price: $1,980,000. Difference: $130,000 (6.6%) below original list. DOM: 162 Days. MLS #80928884. Listed by Shirley Kraus of Intero Real Estate Services.

256 Timothy Drive

  • Sale Price: $1,150,000. Original List Price: $1,250,000. Difference: $1o0,000 (8.0%) below original list. DOM: 24 Days. MLS #80947251. Listed by John Shroyer of RE/MAX Today.

2120 Belmont Avenue

  • Sale Price: $976,000. Original List Price: $909,000. Difference: $67,000 (7.4%) above original list. DOM: 8 Days. MLS #80955117. Listed by Shirley Kraus of Intero Real Estate Services.

2043 Saint Francis Way

  • Sale Price: $935,000. Original List Price: $899,000. Difference: $36,000 (4.0%) above original list. DOM: 13 Days with multiple offers. MLS #80952581. Listed by Sherry Cottonaro of Cashin Company.

534 Wellington Drive

  • Sale Price: $780,000. Original List Price: $889,000. Difference: $109,000 (12.3%) below original list. DOM: 140 Days. MLS #80932211. Listed by Justine Ford 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

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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.

1357 Rosewood Avenue, San Carlos
1357 Rosewood Avenue, San Carlos

1357 Rosewood Avenue

  • $738,000 — 2BR/1BA, 1,160 sq ft on a 4,800 square foot lot. MLS# 80957836. Listed by Leonard Bialer of Bialer & Associates.

    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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