The San Carlos Real Estate Week in Review: 10/2/10
October 3, 2010
Inventory Analysis.
One difference that is apparent between this year's fall real estate market and the spring market is that buyers seem to be much more deliberate now with their decision to buy. This is actually a good thing. Open houses are generally well attended and buyers are still seriously looking, but from what I've seen with my listings, and from other listing agents I spoke with, it's very apparent that buyers are circling a bit more and waiting. Perhaps for more homes to come on the market, or for rates to drop?
If you're a seller in this market, there's no reason to panic. This behavior actually reflects a healthy, balanced market. But it may take a bit more patience and flexibility than perhaps we've all been accustomed to in the past year before your home sells.
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 10/2. The previous week's stats are in parentheses:
Price Range | Active | Pending | Ratio |
---|---|---|---|
< $1M | 40 (40) | 21 (21) | 1.9 : 1 (1.9 : 1) |
$1M –$1.5M | 18 (13) | 8 (8) | 2.3 : 1 (1.6 : 1) |
>$1.5M | 9 (11) | 1 (2) | 9 : 1 (5.5 : 1) |
Total | 67 (64) | 30 (31) | 2.2 : 1 (2.1 : 1) |
Single-Family Homes Sold in San Carlos:
Below is a list of the single-family homes that sold this past week in San Carlos. Click on the each address to see the complete details.
Address | Sold Price | Orig. List | Difference | DOM |
---|---|---|---|---|
112 Wildwood Avenue | $1,500,000 | $1,685,000 | $185,000 (-11%) | 161 |
1375 Orange Avenue | $1,460,000 | $1,550,000 | $90,000 (-5.8%) | 6 |
128 Club Drive | $980,000 | $999,888 | $19,888 (-2.0%) | 15 |
1644 Belmont Avenue | $975,000 | $939,000 | $36,000 (+3.8%) | 7 |
(Click the “Homes Sold” button below see all of the homes that have sold in San Carlos in the past 3 months.)
___________________________________________________________________
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:
Address | DOM (days) | MLS # |
---|---|---|
760 Crestview Drive | 21 | 81043737 |
1318 Geneva Avenue | 15 | 81045341 |
1035 Inverness Drive | 9 | 81046236 |
(Click the “Homes Pending Sale” button below to see ALL the homes that are Pending Sale in San Carlos.)
___________________________________________________________________
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 the complete details.
Address | List Price | BR/BA | Sq Ft (home/lot) | Listed By |
---|---|---|---|---|
2600 Howard Avenue | $1,448,000 | 3BR/3BA | 2,606/5,650 | Abe Matar, Landmark Realty |
2232 Howard Avenue | $1,438,800 | 4BR/3BA | 2,380/6,885 | Edd McKibben, Today Sotheby's |
100 Wellington Drive | $1,380,000 | 4BR/3BA | 2,030/5,000 | Mary Shokouhi, Coldwell Banker |
1004 Hewitt Drive | $1,299,000 | 6BR/4BA | 3,000/10,863 | John Shroyer, Today Sotheby's |
84 Wessex Way | $1,195,000 | 3BR/2BA | 2,040/8,750 | Sarah Yan, Pacific Coast Realtors |
281 Club Drive |
$988,000 | 3BR/2BA | 1,700/23,000 | Nancy Wierenga, Coldwell Banker |
701 Cordilleras Avenue |
$929,000 | 4BR/2BA | 1,750/8,000 | Sharon Salet, Alain Pinel Realtors |
34 Hilltop Drive | $885,000 | 3BR/2BA | 1,880/5,500 | John Shroyer, Today Sotheby's |
991 McCue Avenue | $615,950 | 2BR/1BA | 1,030/5,300 | Michael Bruno, Cal-West Realty |
(Click the “Homes For Sale” button below to see ALL of the homes currently for Sale in San Carlos.)
___________________________________________________________________
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:
– No condos or townhomes closed escrow this past week.
(Click the “Condos Sold” button below to see all of the condos and townhomes that have recently sold in San Carlos)
___________________________________________________________________
Condo/Townhouse Pending Sales in San Carlos
The following condos/townhouses are now pending sale:
Address | DOM (days) | MLS # |
---|---|---|
3366 La Mesa Drive #5 |
7 | 81047140 |
(Click the “Condos Pending Sale” button below to see all of the condos and townhomes that are pending sale in San Carlos)
___________________________________________________________________
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:
— there were no new townhouse or condo listings this past week.
(Click the “Condos for Sale” button below to see all of the condos and townhomes that are currently for sale in San Carlos)
___________________________________________________________________
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.
___________________________________________________________________
Want Your Data Sooner?
Follow the White Oaks Blog on Twitter where I post San Carlos home sales updates as they happen. Just click on the Twitter button below.
Interested in more information on San Carlos? Become a fan of the White Oaks Blog Page on Facebook . Just click on the Facebook button below.
———————————————-
(The “San Carlos Week in Review” series is a summary of new listings and home sales in San Carlos for the prior week.)
———————————————
Posted in: