The San Carlos Real Estate Week in Review: 2/20/10

Inventory Analysis

Things are certainly heating up in the world of San Carlos real estate.  For the second week in a row, there has been a healthy influx of new listings – but for the second consecutive week, homes have been selling at virtually the same rate as they’re coming on the market.  Just look at the number of homes that went into contract this week (see below) and how fast they sold.   5 of the 7 that sold were on the market for less than 2 weeks.

BlogCast

For this week’s review, there’s also a BlogCast on the current market conditions in San Carlos.  Just click on the play button below:

Podcast: Play in new window | Download (Duration: 4:12 — 3.8MB)

Here’s a snapshot of the San Carlos single family home market, as of 2/20. The previous week’s stats are in parentheses:

Price Range	Active	Pending	Ratio
< $1M	17 (19)	22 (18)	0.8 : 1 (1.1 : 1)
$1M –$1.5M	8 (9)	6 (5)	1.3 : 1 (1.8 : 1)
>$1.5M	7 (7)	0 (0)	N/A (N/A)
Total	32 (35)	28 (23)	1.1 : 1 (1.5 : 1)

Single-Family Homes Sold in San Carlos:

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

1813 Chestnut Street

• Sale Price: $910,000. Original List Price: $899,999. Difference: $10,001 (1.1%) above original list. DOM: 8 Days, MLS #81001201. Listed by Maxine Dumas of Dumas & Company.

1125 Walnut Street

• Sale Price: $750,000. Original List Price: $769,888. Difference: $19,888 (2.6%) below original list. DOM: 10 Days, MLS #81000939. Listed by Steve Eldridge of RE/MAX Today.

(Click the “Homes Sold” button below see all of the homes that have sold in San Carlos in the past 3 months.)

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Single-Family Homes Pending Sale in San Carlos:

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

• 112 Northam Ave, after 185 days on the market.
• 142 Wildwood Ave, after 7 days.
• 331 Fairfield Dr, 17 days
• 364 De Anza Ave, 8 days.
• 15 Arch Lane, 11 days
• 159 Ruby Avenue, 5 days
• 26 Beverly Drive, 5 days.

(Click the “Homes Pending Sale” button below to see ALL the homes that are Pending Sale in San Carlos.)

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New Single-Family Home 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.

335 Pearl Avenue

• Pictured:  $997,000 – 3BR/2BA, 1,690 sq ft on a 7,000 square foot lot. MLS# 81007768. Listed by Jean Rigg of Menlo Realty.

350 Oakview Drive

• $859,000 – 3BR/2BA, 1,120 sq ft on a 5,610 square foot lot. MLS# 81007795. Listed by Lizbeth Rhodes of Alain Pinel Realtors.

124 Northam Avenue

• $799,000 – 3BR/2BA, 1,580 sq ft on a 6,840 square foot lot. MLS# 81007352. Listed by Stanley Lo of Green Banker Realty.

1733 Alameda de las Pulgas

• $749,000 – 3BR/1BA, 1,230 sq ft on a 3,400 square foot lot. MLS# 81007150. Listed by Lisa Susnow of Coldwell Banker.

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Condos and Townhomes Sold in San Carlos:

Below are the condos/townhouses that sold this past week. Click on the address for all of the details:

3280 La Mesa Drive

• Sale Price: $544,000. Original List Price: $559,000. Difference: $15,000 (2.7%) below original list. DOM: 84 Days, MLS #80954550. Listed by Sean Clar of RE/MAX Star Properties.

(Click the “Condos Sold” button below to see all of the condos and townhomes that have recently sold in San Carlos)

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Condo/Townhouse Pending Sales in San Carlos

The following condos/townhouses are now pending sale:

• no condos or townhouses went pending this past week.

(Click the “Condos Pending Sale” button below to see all of the condos and townhomes that are pending sale in San Carlos)

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New Condo/Townhouse Listings in San Carlos:

The following condo/townhouse listings came on the market this past week:

222 Laurel Street #111.

• $275,000 – 3BR/1BA, 1,230 sq ft on a 3,400 square foot lot. MLS# 81007664. Listed by Lisa Susnow of Coldwell Banker.

(Click the “Condos for Sale” button below to see all of the condos and townhomes that are currently for sale in San Carlos)

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What’s Open This Weekend?

Click the “Open House” button to see ALL of the homes and condos scheduled to be open this weekend in San Carlos.

Open House 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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