The San Carlos Real Estate Week in Review: 9/4/10

September 4, 2010

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Inventory Analysis.

Almost more noteworthy than what did happen this week was what didn't happen.   7 different listings were either canceled, withdrawn, or had their listing dates expire.     Is this abnormally high number just a fluky coincidence, or perhaps a sign that things might be slowing down a bit in San Carlos?  Digging  little deeper into the numbers, it seems like the coincidence theory wins out.  The average days on market of those 7 listings was over 97 days, and for a couple of those homes this was second or third run at the market.  So in reality the number is higher.   A little respite from the market may be in order for a few of these homes.  But you need to look no further than the pending sales from this week — 1375 Orange and 182 Belvedere were snapped up in less than a week — for proof that the for right homes,  the market in San Carlos isn't letting up a bit…

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 9/4. The previous week's stats are in parentheses:

Price Range Active Pending Ratio
< $1M 36 (36) 18 (19) 2.0 : 1 (1.9 : 1)
$1M –$1.5M 14 (14) 6 (7) 2.3 : 1 (2 : 1)
>$1.5M 10 (12) 3 (2) 6 : 1 (6 : 1)
Total 60 (62) 27 (28) 2.2 : 1 (2.2 : 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 address or MLS # to get all the details.

1412 Howard Avenue, San Carlos

1412 Howard Avenue, San Carlos

1412 Howard Avenue (pictured). Sale Price: $850,000. Original List Price: $850,000. No Difference: Sold in 27 days. MLS# 81032727, listed by Chuck Gillooley of Alain Pinel Realtors.

201 Emerald Avenue.   Sale Price: $1,395,000. Original List Price: $1,468,000. Difference: $73,000 (5.0%) below original list. Sold in 10 days. MLS# 81037608, listed by David Young of Coldwell Banker.

3341 Melendy Drive. Sale Price: $1,061,000. Original List Price: $980,000. Difference: $81,000 (8.3%) above original list.  Sold in 13 days. MLS# 81040328, listed by Laura Bertolacci of RE/MAX Today.

525 Emerald Avenue. Sale Price: $890,000. Original List Price: $929,000. Difference: $39,000 (4.2%) below original list.  Sold in 56 days. MLS# 81028081, listed by John Shroyer of RE/MAX Today.

1051 Springfield DriveSale Price: $560,000. Original List Price: $599,000. Difference: $39,000 (6.5%) below original list.  Sold in 52 days. MLS# 81027684, listed by Dickson Sum of JODI Group.

(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 or the MLS # for more info:

2125 Brittan Avenue, after 17 days on the market. MLS# 81040178.

1375 Orange Avenue, after 6 days. MLS# 81042544.

150 Manor Drive, 167 days. MLS# 81040241.

182 Belvedere Avenue, 5 days. MLS# 81042816.

(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 or MLS # of each home to get all the details.

202 Timothy Drive, San Carlos

202 Timothy Drive, San Carlos

202 Timothy Drive (pictured): $1,299,000 — 4BR/2.5BA, 2,350 sq ft on a 7,644 square foot lot. MLS# 81043622. Listed by Melanie Smith of Coldwell Banker.

760 Crestview Drive: $1,425,000 — 3BR/2.5BA, 3,060 sq ft on a 10,500 square foot lot. MLS# 81043737. Listed by Dante Razzini of Dolphin Real Estate.

182 Belvedere Avenue: $975,000 — 3BR/2.5BA, 1,510 sq ft on a 6,380 square foot lot. MLS# 81042816. Listed by David Matsu of Marshall Realty.  Already pending sale…

1368 Elm Street: $899,000 — 2BR/1.5BA, 1,349 sq ft on a 3,680 square foot lot. MLS# 81043296. Listed by Jackie Cockreham of RE/MAX Today.

622 Alameda de las Pulgas: $849,000 — 2BR/1.5BA, 2,190 sq ft on a 7,440 square foot lot. MLS# 81043650. Listed by Julie Vejmola of Coldwell Banker.

1012 Inverness Drive: $537,000 — 2BR/1BA, 820 sq ft on a 5,000 square foot lot. MLS# 81043635. Listed by Laura Bertolacci of RE/MAX Today.

(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 or MLS # for all of the details:

657 Prospect Street: Sale Price: $650,000. Original List Price: $689,000. Difference: $39,000 (5.7%) below original list. Sold in 8 days. MLS# 81034132, listed by Vincent Armando of Armando Investments.

3009 Melendy Drive #1: Sale Price: $525,000. Original List Price: $649,000. Difference: $124,000 (19.0%) below original list. Sold in 262 days. MLS# 80953789, listed by David McKeever of Coldwell Banker.

3378 Brittan Avenue #3: Sale Price: $355,000. Original List Price: $410,000. Difference: $55,000 (13.4%) below original list. Sold in 59 days. MLS# 81021907, listed by Christina O'Brien 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)

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:

641 Cedar Street #105, after 112 days on the market. MLS# 81023169.

3327 Brittan Avenue #7, after 213 days on the market. MLS# 81004236.

(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.  Click on the address or MLS # or all the details:

30 Chicory Lane: $800,000 — 3BR/2.5BA, 2,031 sq ft. MLS# 81042877. Listed by Dana Thomas of Alain Pinel Realtors.

1134 Royal Lane: $775,000 — 3BR/2.5BA, 2,880 sq ft. MLS# 81043669. Listed by Nancy McLeod of Homes2Buy.com

12 Lilly Lane: $719,000 — 3BR/2.5BA, 1,709 sq ft. MLS# 81042831. Listed by Catherine Smith of Kleebauer Properties.

5 Chicory Lane: $698,000 — 2BR/2.5BA, 1,793 sq ft. MLS# 81042851. Listed by Eddie Azzopardi of Realty World Homesellers.

222 Laurel Street #111: $389,500 — 2BR/1BA, 930 sq ft. MLS# 81043659. Listed by Jesse Gutierrez of Vision Real Estate Group.

(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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