San Carlos Real Estate Agent, San Carlos Realtor The San Carlos Real Estate Week in Review: 5/8/10 | The White Oaks Blog

The San Carlos Real Estate Week in Review: 5/8/10

by Chuck Gillooley

Inventory Analysis

If there are any doubts remaining about the San Carlos real estate market finding a “bottom”, take a peek below at the homes that closed escrow this past week.  Of the 7 homes that sold, 6 were at or above list price.   Also, all of the homes that went pending this past week were on the market for less than a month.    So things are selling, and multiple offers are almost becoming the norm again for many of these homes.

Looking at homes in San Carlos this weekend?  Check this out — for a complete list of which homes will be open this weekend in San Carlos, just click here: San Carlos Open House Page.  It’s updated continuously, so be sure to check back often.

Here’s a snapshot of the San Carlos single family home market, as of 5/8. The previous week’s stats are in parentheses:

Price Range Active Pending Ratio
< $1M 29 (33) 21 (23) 1.4 : 1 (1.4 : 1)
$1M –$1.5M 17 (17) 10 (10) 1.7 : 1 (1.7 : 1)
>$1.5M 9 (9) 6 (5) 1.5 : 1 (2.5 : 1)
Total 55 (59) 37 (38) 1.5 : 1 (1.6 : 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.

2529 Graceland Avenue, San Carlos
2529 Graceland Avenue, San Carlos

2529 Graceland Avenue

  • Pictured: Sale Price: $1,500,000. Original List Price: $1,395,000. Difference: $105,000 (7.5%) above original list. Sold in 10 days. MLS# 81013522, listed by Janet Davis of Hometown Realty.

115 Northam Avenue

  • Sale Price: $950,000. Same as original list. Sold off-market in 0 days. MLS# 81021305, listed by Leila Sisneros of RE/MAX Today.

724 Tamarack Avenue

  • Sale Price: $875,000. Original List Price: $868,000. Difference: $7,000 (0.8%) above original list. Sold in 38 days. MLS# 81002018, listed by David Young of Coldwell Banker.

1225 Highland Court

  • Sale Price: $861,500. Original List Price: $849,888. Difference: $11,612 (1.4%) above original list. Sold in 16 days. MLS# 81012851, listed by Debbie Wong of Prudential California Realty.

153 Park Avenue

  • Sale Price: $855,000. Original List Price: $799,900. Difference: $55,510 (6.9%) above original list. Sold in 8 days. MLS# 81010470, listed by Dee Edmonds of Coldwell Banker.

2102 Saint Francis Way

  • Sale Price: $825,000. Original List Price: $825,000. Difference: $0 (0%) above original list. Sold in 10 days. MLS# 81014636, listed by David Young of Coldwell Banker.

216 Highland Avenue

  • Sale Price: $815,000. Original List Price: $949,949. Difference: $134,949 (14.2%) below original list. Sold in 62 days. MLS# 81003128, listed by Donna Marie Baldwin of Coldwell Banker.

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

Homes Sold in San Carlos
Homes Sold in San Carlos

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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:

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

Homes Pending Sale in San Carlos
Homes 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.

815 Buckland Avenue, San Carlos
815 Buckland Avenue, San Carlos

815 Buckland Avenue

  • Pictured: $1,285,000 — 4BR/3.5BA, 2,450 sq ft on a 8,100 square foot lot. MLS# 81022756. Listed by Jim Minkey of RE/MAX Today.

898 Orange Avenue

  • $799,000 — 3BR/2BA, 1,240 sq ft on a 5,100 square foot lot. MLS# 81022256. Listed by Nancy Carlucci of Marshall Realty.

950 Elm Street

  • $799,000 — 2BR/1.5BA, 1,500 sq ft on a 6,000 square foot lot. MLS# 81022667. Listed by Trish Ward of Intero Real Estate Services.

234 Sycamore Street

  • $699,500 — 2BR/1BA, 1,030 sq ft on a 7,000 square foot lot. MLS# 81020254. Listed by Mark Scafine of SC Properties.  Already pending sale!

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

Homes for Sale in San Carlos
Homes for Sale in San Carlos

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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:

8 Clover Lane

  • Sale Price: $1,025,000. Original List Price: $1,025,000. No difference from original list. Sold in 11 days. MLS# 81014415, listed by Eddie Azzopardi of Realty World.

775 Chestnut Street #12

  • Sale Price: $350,000. Original List Price: $359,000. Difference: $9,000 (2.5%) below original list. Sold in 121 days. MLS# 81012149, listed by Trish Ward of Intero Real Estate Services

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

Condos Sold in San Carlos
Condos Sold in San Carlos

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Condo/Townhouse Pending Sales in San Carlos

The following condos/townhouses are now pending sale:

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

Condos Pending Sale in San Carlos
Condos 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:

13 Trillium Lane

  • $778,888 — 3BR/2.5BA, 2,031 sq ft. MLS# 81022629. Listed by Lorelei Keim of Coldwell Banker.

11 Torino Lane

  • $695,000 — 2BR/2.5BA, 1,600 sq ft. MLS# 81021668. Listed by David Zigal.

633 Elm Street #402

  • $495,000 — 1BR/1BA, 774 sq ft. MLS# 81022578. Listed by Carrie Du Bois of Coldwell Banker.

416 Portofino Drive #202

  • $479,950 — 2BR/2.5BA, 1,310 sq ft. MLS# 81020533. Listed by Jim Tierney of NetEquity.

3378 Brittan Avenue #3

  • $410,000 — 2BR/2BA, 1,040 sq ft. MLS# 81021907. Listed by Christina O’Brien of RE/MAX Star Properties.

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

Condos for Sale in San Carlos
Condos 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
    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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Comments 4
  • Very nice to see the movement…I have to wonder how 2030 San Carlos Ave sold so quickly…and what it will go for. Whatever it is, it will probably be a record for a San Carlos Ave home (400 Alameda shouldn’t count). Whoever bought it must not have been anywhere near it during drop-off times at Arundel School though. I would rather have a smaller home on a MUCH less-traveled street, but then every house eventually finds an owner. Good luck with your RWC listing this weekend.

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  • Dont get out the party hats just yet. One of the examples cited is 54 Plymouth, which sold in 7 days w/ multiple offers. I am familiar w/ the asking/selling prices of homes in that area. The 54 Plymouth home was very. very underpriced.

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    • JJ,

      Thanks for your comment. I guess I don’t totally agree that 54 Plymouth was that far underpriced. Great location, no doubt. But it was only a 2BR home, and most of the hot multiple offer activity has been with 3BR homes. Based on the total picture with this home, the asking price $579/sq foot is pretty much in line with what other homes in the area are selling for.

      FYI, I heard 109 Plymouth got multiple offers as well.

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  • Anybody get a look at 216 HIGHLAND ? Its been on and off the market since January, listed as a 4/3 it sold for only $815K ?

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