The San Carlos Real Estate Week in Review: 6/19/10

June 19, 2010

1985-Saint-Francis-Way

Inventory Analysis

Lately, it seems like no matter how many new listing and sales happen in a given week, the inventory of active listings continues to hover right around 60.  That's actually a good indication that our market remains healthy, because homes are selling at about the same pace as they're coming on the market.  And 60 is not a bad number of homes to have on the market at a given time.

As more listings come on the market in the coming weeks, one has to wonder whether the San Carlos market will experience the traditional summer slowdown of July and August?

Open House

If you're looking at open houses this weekend in San Carlos here's the only link you'll 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 6/19. The previous week's stats are in parentheses:

Price Range Active Pending Ratio
< $1M 36 (35) 22 (25) 1.6 : 1 (1.4 : 1)
$1M –$1.5M 16 (18) 8 (7) 2.0 : 1 (2.6 : 1)
>$1.5M 8 (8) 3 (3) 2.7 : 1 (2.7 : 1)
Total 60 (61) 33 (35) 1.8 : 1 (1.7 : 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.

1985 Saint Francis Way, San Carlos

1985 Saint Francis Way, San Carlos

1985 Saint Francis Way

  • Pictured: Sale Price: $1,265,000. Original List Price: $1,325,000. Difference: $60,000 (4.5%) below original list. Sold in 42 days. MLS# 81017126, listed by Camille Eder of Cashin Company.

852 Cedar Street

  • Sale Price: $1,080,000. Original List Price: $1,029,000. Difference: $51,000 (5.0%) above original list. Sold in 8 days. MLS# 81023386, listed by Nancy Palmer of Alain Pinel Realtors.

233 Bayview Drive

  • Sale Price: $970,000. Original List Price: $1,149,000. Difference: $179,000 (15.6%) below original list. Sold in 172 days. MLS# 80955197, listed by Michael Bruno of Cal-West Realty.

1240 Highland Court

  • Sale Price: $900,000. Original List Price: $819,000. Difference: $81,000 (9.9%) above original list. Sold in 12 days. MLS# 81021228, listed by Craig Smith of Intero Real Estate Services.

203 Exeter Avenue

  • Sale Price: $895,000. Original List Price: $1,025,000. Difference: $130,000 (12.7%) below original list. Sold in 114 days. MLS# 81005675, listed by Geoffrey Nelson of McGuire Real Estate.

418 Winding Way

  • Sale Price: $800,000. Original List Price: $1,198,000. Difference: $398,000 (33.2%) below original list. Sold in 417 days. MLS# 80909574, listed by Sherry Bakhtiari of Investment Realty Center.

794 Cedar Street

  • Sale Price: $793,000. Original List Price: $749,000. Difference: $44,000 (5.9%) above original list. Sold in 9 days. MLS# 81025175, listed by Deborah Norton of Alain Pinel Realtors.

104 Wycombe Avenue

  • Sale Price: $750,000. Original List Price: $749,000. Difference: $1,000 (0.1%) above original list. Sold in 3 days. MLS# 81025599, listed by Lizbeth Rhodes of Alain Pinel Realtors.

(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.

253 Kelton Avenue, San Carlos

253 Kelton Avenue, San Carlos

253 Kelton Avenue

  • Pictured: $1,188,000 — 4BR/2.5BA, 1,820 sq ft on a 4,400 square foot lot. MLS# 81029956. Listed by Dolly Shisler of American Real Estate.

23 Elston Court

  • $1,150,000 — 3BR/2BA, 2,230 sq ft on a 7,665 square foot lot. MLS# 81030262. Listed by John Shroyer of RE/MAX Today.

790 Buckland Avenue

  • $889,900 — 3BR/2BA, 1,870 sq ft on a 7,565 square foot lot. MLS#81030477 . Listed by Percy Cheung of Smart Choice Realty.

2073 Eaton Avenue

  • $849,000 — 3BR/2BA, 1,670 sq ft on a 7,250 square foot lot. MLS# 81029389. Listed by Carrie Du Bois of Coldwell Banker.

1045 Sunset Drive

  • $799,950 — 3BR/2BA, 1,570 sq ft on a 5,500 square foot lot. MLS# 81029430. Listed by Alex Lehr of Lehr Real Estate.

735 Orange Avenue

  • $789,000 — 2BR/1BA, 1,110 sq ft on a 5,750 square foot lot. MLS# 81029401. Listed by Omar Kinaan of RE/MAX Distinctive Properties.

81 Chestnut Street

  • $789,000 — 2BR/2BA, 1,720 sq ft on a 10,750 square foot lot. MLS# 81030373. Listed by Diane and Quetzal of Alain Pinel Realtors.

(Click the “Homes For Sale” button below to see ALL of the homes currently for 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:

3320 Brittan Avenue #2

  • Sale Price: $434,000. Original List Price: $439,900. Difference: $5,900 (1.3%) below original list. Sold in 36 days. MLS# 81016068, listed by Eddie Azzopardi of Realty World.

(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:

1106 Royal Lane

  • $899,000 — 3BR/2.5BA, 2,880 sq ft. MLS# 81029420. Listed by Christine Taelemans of Coldwell Banker.

641 Cedar Street #103

  • $559,000 — 2BR/2BA, 1,841 sq ft. MLS# 81030136. Listed by Mike Masoumi of RE/MAX Properties West.

1456 San Carlos Avenue #201

  • $429,000 — 2BR/2BA, 1,280 sq ft. MLS# 81030074. Listed by Joyce Romeo of Intero Real Estate Services.

(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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6 Comments

  1. steve on June 20, 2010 at 7:03 am

    Chuck, your open house link doesn’t work



  2. Chuck Gillooley on June 20, 2010 at 12:48 pm

    Steve, I tried the link in the post as well as the Open House icon in the sidebar, and they both worked for me — can you tell me what is happening when you click the link?



  3. steve on June 20, 2010 at 11:00 pm

    it says “open houses in san carlos” on top of the dark screen, but then there’s nothing else in the box



  4. Guy on June 21, 2010 at 9:09 am

    That Open House link was broken for couple weeks. This message pops up when I click.

    Fatal error: Out of memory (allocated 62128128) (tried to allocate 35 bytes) in /home/whiteoak/public_html/wp-includes/wp-db.php on line 852



  5. Chuck Gillooley on June 21, 2010 at 1:16 pm

    Steve and Guy — please try the link again. I think it should work now.

    Please drop me a note back to let me know either way. Thanks!



  6. steve on June 21, 2010 at 7:23 pm

    the link to open houses works now. I enjoy your website. Keep up the good work
    I wonder if you could comment or do a brief column. I’m one of those with a dilemma. With two kids in med school, we’ve been sacrificing our creature comforts, vacations and most of all fixing and upgrading our house to help pay their tuitions. We’re educationally rich, but cash poor. While the outside is kept up, the inside of the house needs new bathrooms, kitchen and just about everything. Could we sell the house as is, without plunking down a lot of cash to remodel it like most of the open houses I see nowadays? We live in the San Carlos hills.



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