The San Carlos Real Estate Week in Review: 6/26/10

June 27, 2010

875-Sunset-Drive

Inventory Analysis

A big surge of 16 new listings this past week pushed our inventory of homes for sale almost to almost 70.  We haven't seen that number in quite a while, and should bring some welcome relief to home buyers.   Will that spell the end of multiple offers?  I doubt it!   There are several new listing below that I bet will see some fierce competition before they go into contract.

Another interesting note is over half of the homes that came on the market this week were priced over $1,000,000 — and of the 69 homes for sale on the market in San Carlos, 43% of them are priced above the $1M mark.  This bucks the trend for much of the year that saw the homes in the sub-$1M segment simply dominating the inventory.    Prices are indeed rising, and bigger homes are coming on the market.

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 6/26. The previous week's stats are in parentheses:

Price Range Active Pending Ratio
< $1M 39 (36) 23 (22) 1.7 : 1 (1.6 : 1)
$1M –$1.5M 20 (16) 8 (8) 2.5 : 1 (2.0 : 1)
>$1.5M 10 (8) 3 (3) 3.3 : 1 (2.7 : 1)
Total 69 (60) 34 (33) 2.0 : 1 (1.8 : 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.

875 Sunset Drive, Sunset Drive

875 Sunset Drive, Sunset Drive

875 Sunset Drive

  • Pictured — Sale Price: $1,075,000. Original List Price: $1,149,000. Difference: $74,000 (6.4%) below original list. Sold in 32 days. MLS# 81019959, listed by Sam Anagnostou of Anagnostou Properties.

27 Pepper Lane

  • Sale Price: $870,000. Original List Price: $849,000. Difference: $21,000 (2.5%) above original list. Sold in 6 days. MLS# 81025551, listed by Lisa Susnow of Coldwell Banker.

950 Elm Street

  • Sale Price: $850,000. Original List Price: $799,000. Difference: $51,000 (6.4%) above original list. Sold in 11 days. MLS# 81022667, listed by Trish Ward of Intero Real Estate Services.

212 Park Avenue

  • Sale Price: $750,000. Original List Price: $769,000. Difference: $19,000 (2.5%) below original list. Sold in 16 days. MLS# 81022933, listed by Leila Sisneros of RE/MAX Today.

2667 San Carlos Avenue

  • Sale Price: $720,000. Original List Price: $699,000. Difference: $21,000 (3.0%) above original list. Sold in 11 days. MLS# 81021243, listed by Laura Bertolacci 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.

59 Hilltop Drive, San Carlos

59 Hilltop Drive, San Carlos

59 Hilltop Drive

  • Pictured: $1,889,000 — 5BR/2+2BA, 2,750 sq ft on a 12,800 square foot lot. MLS# 81031455. Listed by Gil Romero of Cashin Company

129 Vista del Grande

  • $1,650,000 — 4BR/3BA, 2,930 sq ft on a 10,050 square foot lot. MLS# 81030407. Listed by Josephine Lipka of Prudential California Realty.

364 Devonshire Boulevard

  • $1,595,000 — 4BR/2.5BA, 2,798 sq ft on a 30,500 square foot lot. MLS# 81030713. Listed by David Young of Coldwell Banker.

1881 Carmelita Drive

  • $1,499,000 — 3BR/2.5BA, 2,880 sq ft on a 19,800 square foot lot. MLS# 81031911. Listed by Susan Dickey of Alain Pinel Realtors.

928 Heather Drive

  • $1,495,000 — 4BR/3BA, 2,510 sq ft on a 8,191 square foot lot. MLS# 81031614. Listed by Bob Bredel of RE/MAX Today.

10 Loma Lane

  • $1,218,000 — 4BR/3BA, 2,940 sq ft on a 10,800 square foot lot. MLS#81030734 . Listed by Debbie Lorell of Cashin Company.

208 Crestview Drive

  • $1,178,000 — 4BR/3BA, 2,500 sq ft on a 9,440 square foot lot. MLS# 81031646 . Listed by Val Vandervort of Coldwell Banker.

152 Plymouth Avenue

  • $1,175,000 — 4BR/2.5BA, 1,813 sq ft on a 4,731 square foot lot. MLS# 81030644. Listed by Christina Carrier of Green Valley Properties.

517 Vista Avenue

  • $1,150,000 — 4BR/2BA, 1,880 sq ft on a 5,600 square foot lot. MLS# 81031877. Listed by Robert Tuhacek of Clarion Enterprises

231 Kelton Avenue

  • $949,000 — 3BR/2BA, 1,540 sq ft on a 5,750 square foot lot. MLS# 81031765. Listed by Wendy Suter of Prudential California Realty.

17 Sunnydale Avenue

  • $939,950 — 3BR/2BA, 1,530 sq ft on a 6,000 square foot lot. MLS#81030709. Listed by Dave Blewett of Intero Real Estate Services.   Back on the market under a different brokerage.

46 Vine Street

  • $925,000 — 4BR/2BA, 1,180 sq ft on a 8,140 square foot lot. MLS# 81030797. Listed by Wendy Parker of CONima

113 Rockridge Road

  • $869,995 — 3BR/2BA, 1,440 sq ft on a 5,512 square foot lot. MLS# 81030689. Listed by Bob Bredel of RE/MAX Today.

2713 Brittan Avenue

  • $819,000 — 4BR/2BA, 2,450 sq ft on a 8,260 square foot lot. MLS# 81031731. Listed by Stephen Barsanti of  Alain Pinel Realtors.

1966 Saint Francis Way

  • $715,000 — 2BR/1BA, 1,270 sq ft on a 5,500 square foot lot. MLS# 81031730. Listed by David Young of Coldwell Banker.

1528 Saint Francis Way

  • $649,950 — 2BR/1BA, 870 sq ft on a 6,325 square foot lot. MLS# 81030740. Listed by Maxine Dumas of Dumas & Company.  Already pending sale!

(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:

  • No condos or townhomes sold this past week.

(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:

14 Pyrola Lane

  • $899,000 — 2BR/2.5BA, 1,793 sq ft. MLS# 81031489. Listed by Charlotte Van Orden of Coldwell Banker.

1701 San Carlos Avenue #7

  • $363,000 — 1BR/1BA, 720 sq ft. MLS# 81031863. Listed by Paul Stewart 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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1 Comment

  1. Anonymous on June 27, 2010 at 5:47 pm

    I noticed 253 Kelton came off the market and relisted last week with an increase of 700 square feet. How is this possible? Is this common?



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