San Carlos Real Estate Agent, San Carlos Realtor The San Carlos Real Estate Week in Review: 5/22/10 | The White Oaks Blog

The San Carlos Real Estate Week in Review: 5/22/10

by Chuck Gillooley

Inventory Analysis

It was another busy week in the world of San Carlos real estate.   Lots of sales, pendings, and new listings — as you can see below.  But it’s evident now that the dust has settled that the buyers once again outpaced the sellers this week, as the inventory of available homes has been taken down a few pegs to 50.  The fact that interest rates have bucked everyone’s expectation and have stayed incredibly low certainly isn’t hurting the market.   I saw a rate sheet from a major lender this past week that showed their hi-balance conforming loan ($729,000 and below) for 4.875% — zero points.   That should keep the fires stoked under this market for a few more weeks.

Open House

Looking at open houses this weekend in San Carlos? This one link is all you need: The San Carlos Open House Page. With one click, you get a “live” list of all the homes and condos that will be open this weekend in San Carlos! It’s updated continuously from the MLS, so bookmark this link and you’ll never have to wander around town looking for open houses again.

Here’s a snapshot of the San Carlos single family home market, as of 5/22. The previous week’s stats are in parentheses:

Price Range Active Pending Ratio
< $1M 26 (25) 29 (27) 0.9 : 1 (0.9 : 1)
$1M –$1.5M 13 (17) 11 (11) 1.2 : 1 (1.5 : 1)
>$1.5M 11 (11) 3 (4) 3.7 : 1 (2.8 : 1)
Total 50 (53) 43 (42) 1.2 : 1 (1.3 : 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.

1340 Orange Avenue, San Carlos
1340 Orange Avenue, San Carlos

1340 Orange Avenue

  • Pictured: Sale Price: $2,050,000. Original List Price: $1,950,000. Difference: $100,000 (5.1%) above original list. Sold in 7 days. MLS# 81018075, listed by Mike and Sandy Rostad of Coldwell Banker.

3328 Melendy Drive

  • Sale Price: $1,399,950. Original List Price: $1,399,950. Difference: $0 (0%) from original list. Sold in 11 days. MLS# 81017583, listed by Dave Blewett of Intero Real Estate Services.

2803 Eaton Avenue

  • Sale Price: $1,050,000. Original List Price: $1,049,000. Difference: $1,000 (0.1%) above original list. Sold in 10 days. MLS# 81015697, listed by Yolanda Barrera of Bayview Residential Brokerage.

2733 Clifford Avenue

  • Sale Price: $1,035,000. Original List Price: $1,035,000. Difference: $0 (0%) from original list. Sold in 0 days. MLS# 81021376, listed by John Shroyer of RE/MAX Today.

5 Pepper Lane

  • Sale Price: $849,000. Original List Price: $849,000. Difference: $0 (0%) from original list. Sold in 31 days. MLS# 81017124, listed by Berna Davis of Coldwell Banker.

728 Cedar Street

  • Sale Price: $790,000. Original List Price: $779,000. Difference: $11,000 (1.4%) above original list. Sold in 7 days. MLS# 81018938, listed by Richard Macario of Alain Pinel Realtors.

1011 Alameda de las Pulgas

  • Sale Price: $740,000. Original List Price: $749,900. Difference: $9,900 (1.3%) below original list. Sold in 17 days. MLS# 81015747, listed by Gregory Van Hauser of Taylor Properties.

1962 San Carlos Avenue

  • Sale Price: $671,000. Original List Price: $639,900. Difference: $31,100 (4.9%) above original list. Sold in 24 days. MLS# 80952290, listed by Bob Bredel 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.)

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.

1322 Eaton Avenue, San Carlos
1322 Eaton Avenue, San Carlos

1322 Eaton Avenue

  • Pictured: $869,000 — 3BR/1.5BA, 1,473 sq ft on a 4,850 square foot lot. MLS# 81025235. Listed by Courtney Charney of Alain Pinel Realtors.

27 Pepper Lane

  • $849,000 — 3BR/3BA, 1,570 sq ft on a 6,900 square foot lot. MLS# 81024719. Listed by Lisa Susnow of Coldwell Banker.

11 Highland Avenue

  • $829,000 — 3BR/2.5BA, 1,720 sq ft on a 3,885 square foot lot. MLS# 81025274. Listed by Liza Vernazza of Coldwell Banker.

343 Manzanita Avenue

  • $799,000 — 2BR/1BA, 1,050 sq ft on a 6,850 square foot lot. MLS# 81025199 . Listed by Rebecca Poppe of Fidelity Realty Network of California.

794 Cedar Street

  • $749,000 — 2BR/1BA, 930 sq ft on a 5,610 square foot lot. MLS# 81025175. Listed by Deborah Norton of Alain Pinel Realtors.

770 Neal Avenue

  • $549,000 — 2BR/1BA, 630 sq ft on a 4,700 square foot lot. MLS# 81024603. Listed by Forest Darrenougue of Forest Realty.

(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 Azalea Lane

  • Sale Price: $777,888. Original List Price: $734,888. Difference: $43,000 (5.9%) above original list. Sold in 9 days. MLS# 81017561, listed by Frank Witko of Zip Realty.

3388 Brittan Avenue #2

  • Sale Price: $427,500. Original List Price: $439,000Difference: $11,500 (5.9%) below original list. Sold in 39 days. MLS# 81013593, listed by Berdine Jernigan of Coldwell Banker.

(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:

1700 San Carlos Avenue #203

  • $389,000 — 1BR/1BA, 960 sq ft. MLS# 81024606. Listed by Maritza Tronoff of Century 21 Alliance.

(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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