The San Carlos Real Estate Week in Review: 9/18/10

September 19, 2010

215-Exeter-Avenue

Inventory Analysis.

For the second consecutive week, there was a strong surge of new listings in the San Carlos market.  For a short time, this pushed the inventory up to 70 homes for sale, which is a watermark that we haven't seen in awhile.   Great news for buyers, not so good for sellers.  But the good news is that buyers are still out in force, and are chipping away at the inventory.  6 homes went into contract during the week — 2 of them were gone the same day they hit the market (hey, it's San Carlos after all.)

And it still seems like everyone is still looking for a clean 3BR/2BA in the flats.  Some things you can just count on!

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 9/18. The previous week's stats are in parentheses:

Price Range Active Pending Ratio
< $1M 43 (39) 22 (21) 1.95 : 1 (1.9 : 1)
$1M –$1.5M 15 (16) 5 (4) 3 : 1 (4 : 1)
>$1.5M 10 (9) 3 (3) 3.3 : 1 (3.1 : 1)
Total 68 (64) 30 (28) 2.3 : 1 (2.3 : 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 address or MLS # to get all the details.

215 Exeter Avenue, San Carlos

215 Exeter Avenue, San Carlos

215 Exeter Avenue. (Pictured) Sale Price: $1,165,000. Original List Price: $1,148,900. Difference: $16,100 (1.4%) above original list. Sold in 13 days. MLS# 81037996, listed by Vicki Barbaria of RE/MAX Star Properties.

786 Cedar Street. Sale Price: $848,000. Original List Price: $875,999. Difference: $27,999 (3.2%) below original list. Sold in 22 days. MLS# 81038091, listed by Trish McCoy of Alain Pinel Realtors.

1455 Alameda de las Pulgas. Sale Price: $540,000. Original List Price: $650,000. Difference: $110,000 (16.9%) below original list. Sold in 68 days. MLS# 81028037, listed by Mary Yeargain 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 or the MLS # for more info:

43 Pine Avenue, after 14 days on the market. MLS# 81042736.

3101 Melendy Drive, after 1 day. MLS# 81045017.

23 Elston Court, 91 days.  MLS# 81030262.

2428 San Carlos Avenue, 50 days. MLS# 81037370.

2024 Birch Avenue, 9 days. MLS# 81044923.

2063 Alma Street, 1 day. MLS# 81046128.

(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.

228 Queens Court, San Carlos

228 Queens Court, San Carlos

228 Queens Court (pictured): $3,200,000 — 5BR/4.5BA, 5,530 sq ft on a 22,750 square foot lot. MLS# 81045124. Listed by Eddie Azzopardi of Realty World Homesellers.

343 De Anza Avenue: $1,450,000 — 5BR/3.5BA, 2,610 sq ft on a 12,000 square foot lot. MLS# 81045979. Listed by Laura Bertolacci of RE/MAX Today.

3101 Melendy Drive: $1,198,000 — 3BR/2BA, 2,080 sq ft on a 10,800 square foot lot. MLS# 81045017. Listed by Jo Ann Lim of RE/MAX Star Properties.  Already pending sale!

2063 Alma Street:  $950,000 — 3BR/2BA, 1,830 sq ft on a 7,405 square foot lot. MLS# 81046128. Listed by Claire Earley of Coldwell Banker.  Already pending sale.

89 Ensenada Road: $829,000 — 3BR/2BA, 1,690 sq ft on a 9,880 square foot lot. MLS# 81045668. Listed by Rashaan Dean of In House Industries Inc.

320 Chestnut Street: $779,000 — 3BR/2BA, 1,560 sq ft on a 7,810 square foot lot. MLS# 81046124. Listed by Phillip Watson of Prudential California Realty.

1190 Alameda de las Pulgas: $749,000 — 2BR/1BA, 1,010 sq ft on a 5,336 square foot lot. MLS# 81045052. Listed by Trish Ward of Intero Real Estate Services.

1016 Cherry Street: $679,000 — 3BR/1BA, 1,350 sq ft on a 5,000 square foot lot. MLS# 81045097. Listed by Stephen Hicks of Gateway Properties.

371 Fairfield Drive: $595,000 — 2BR/1BA, 820 sq ft on a 8,800 square foot lot. MLS# 81045122. Listed by John Shroyer 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:

3358 Brittan Avenue #5 : Sale Price: $400,000. Original List Price: $429,000. Difference: $29,000 (6.8%) below original list. Sold in 60 days. MLS# 81028040, listed by Howard Clark of Dumas & Company.

(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:

3374 La Mesa Drive #15, after 75 days on the market. MLS# 81032574.

(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/townhouses listed this past week. Click on the address or MLS # or all the details:

726 Elm Street #C: $797,000 — 3BR/2.5BA, 1,610 sq ft. MLS# 81045127. Listed by Jami Arami of Alain Pinel Realtors.

436 Portofino Drive #203: $695,000 — 2BR/2.5BA, 2,067 sq ft. MLS# 81045865. Listed by Carloyn Botts of Alain Pinel Realtors.

602 Cedar Street #5: $599,000 — 2BR/2BA, 1,320 sq ft. MLS# 81046028. Listed by William McQuaid of Cashin Company.

(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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