The San Carlos Real Estate Week in Review: 10/23/10

Inventory Analysis.

Buyers are definitely taking their time as they sort through the available inventory of homes in San Carlos.   Only two homes went into contract this past week.  One big reason is the lack of new homes to choose from.  Even though there are 3 new listings to go through at today's open house tour, two of them hit the market only last night.  It will be interesting to see how these three fare in the upcoming week.

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 10/23. The previous week's stats are in parentheses:

Price Range	Active	Pending	Ratio
< $1M	37 (35)	24 (25)	1.5 : 1 (1.4 : 1)
$1M –$1.5M	18 (19)	10 (10)	1.8 : 1 (1.9 : 1)
>$1.5M	8 (8)	1 (1)	8 : 1 (8 : 1)
Total	63 (62)	35 (36)	1.8 : 1 (1.7 : 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 address of each to see the complete details.

Address	Sold Price	Orig. List	Difference	DOM
3101 Melendy Drive	$1,205,000	$1,198,000	$7,000 (+0.6%)	1
2125 Brittan Avenue	$770,000	$795,000	$25,000 (-3.1%)	28
1710 Walnut Street	$740,050	$789,000	$48,950 (-6.2%)	10
2024 Birch Avenue	$740,000	$722,000	$18,000 (+2.5%)	9
512 Prospect Street	$565,000	$581,400	$16,400 (-2.8%)	48

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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 # of each for additional info:

Address	DOM (days)	MLS #
2829 Tramanto Drive	40	81044518
132 Palm Avenue	146	81026189

(Click the “Homes Pending Sale” button below to see ALL the homes that are 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 the complete details.

Address	List Price	BR/BA	Sq Ft (home/lot)	Listed By
2641 Thornhill Drive	$939,000	3BR/3BA	1,750/5,650	Genella Williamson, Alain Pinel Realtors
1316 Rosewood Avenue	$789,000	2BR/2BA	1,230/4,920	Sandi Smith, Cashin Company
160 Vine Street	$689,000	2BR/1BA	1,130/5,700	Gary Rossetto, Carlmont Associates\

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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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