The San Carlos Real Estate Week in Review: 12/18/10

December 19, 2010

349-Hill-Way

Summary.

Taking a cue from the Special Report that I posted earlier this week, I decided to tweak the format of the sales statistics that I post every week in this report.  In addition to the normal Active, Pending, and Sold data, you'll find some of the basic calculations that I included in the Special Report.   Specifically, I will be tracking the ratio of sales price to original list price — this will give you a good idea of how much above (or below) the list price that homes are selling for. I will also calculate the average days on market (DOM) for the homes that sold.

These new stats should give you an even better idea on which way prices are trending in San Carlos, as well as how fast homes are actually selling.  I hope you find the information useful!

San Carlos Market Report.

Click here for this week's edition of the Market Report:  San Carlos Market Report 12-18-2010

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 quick snapshot of the inventory of San Carlos single family homes as of 12/18/2010:

Inventory 12/18/2010 Prior Week
Active Listings
45 52 (-13%)
Homes in Contract
24 29 (-17%)
Ratio Active/Pending
1.9 : 1 1.8 : 1

Single-Family Homes Sold in San Carlos:

364 Devonshire Boulevard, San Carlos

364 Devonshire Boulevard, 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
364 Devonshire Boulevard
$1,367,500 $1,595,000 $227,500 (-14.3%) 145
112 Madera Avenue
$1,175,000 $1,195,000 $20,000 (-1.7%) 14
333 Clifton Avenue
$1,007,400 $1,049,000 $41,600 (-4.0%) 115
2042 Saint Francis Way
$780,000 $799,000 $19,000 (-2.4%) 14
120 Devonshire Boulevard
$796,000 $749,000 $47,000 (+6.3%) 23
1368 Elm Street
$720,000 $799,000 $79,000 (-9.9%) 72
34 Stanford Lane
$715,000 $769,000 $54,000 (-7.0%) 65
160 Vine Street
$660,000 $689,000 $29,000 (-4.2%) 19
991 McCue Avenue $580,000 $615,950 $35,950 (-5.8%) 35

Here are some key statistics on the sales that closed this week:

Closed Sales Stats
12/18/2010 Prior Week
# Closed Sales
9 3
# Sales Below List (% total) 8 (89%) 3 (100%)
SP/Orig List % 94% 92%
Average DOM of Closed Sales
57 83

(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 # of each for additional info:

Address DOM (days)
2068 Eaton Avenue
2
136 Devonshire Boulevard 40
770 Neal Avenue 47
405 Pearl Avenue 17
1016 Cherry Street 93

(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:

349 Hill Way, San Carlos

349 Hill Way, 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
349 Hill Way
$1,488,888 4BR/3BA 2,430/5,450 Raymond Lee, Clarity Capital

(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:

Address Sold Price Orig. List Difference DOM
none
$– $– $–

(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:

Address DOM (days)
726 Elm Street #C
92

(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:

Address List Price BR/BA Sq Feet Listed By
3329 Brittan Avenue  #5
$525,000 3BR/2BA 1,239 Carolyn Mitchell, Merrill 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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Want Your Data Sooner?

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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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