The San Carlos Real Estate Week in Review: 1/29/11

January 30, 2011

650-Wellington-Drive

Summary.

The activity definitely notched up this past week.  There were more new listings and more homes sold than the prior week, which is a good sign.   And if there was any doubt that there are still buyers looking for a home in San Carlos today, that doubt was obliterated in my mind as nearly 100 people came through the first open house today at 133 Highland Avenue.     The combination of pent-up demand and lack of new inventory always makes January a surprisingly good month to put your home on the market in San Carlos.   And right now there's a serious imbalance between those two figures in the San Carlos market.

San Carlos Market Report.

Click here for this week's edition of the Market Report: San Carlos Market Report 1-29-2011

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'll 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 1/29/2011:

Inventory 1/29/2011 Prior Week
Active Listings 44 45 (-2.2%)
Average DOM of Active Listings
107 104
Homes in Contract
17 15 (+15%)
Ratio Active/Pending
2.6 : 1 3 : 1

Single-Family Homes Sold in San Carlos:

650 Wellington Drive, San Carlos

650 Wellington Drive, 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
650 Wellington Drive
$1,765,000 $1,765,000 $0
0
3154 Brittan Avenue
$984,615* $1,099,000 $114,384 (-10.4%)
35
124 Acacia Court
$790,000 $799,000 $9,000 (-1.1%)
84
216 Garnet Avenue
$757,000 $799,000 $42,000 (-5.3%)
101

*actual recorded sales price is $960,000 but buyer waived entire commission, according to MLS notes.  Sold price quoted above is an estimate of the effective sales price at a full 5% commission for comp purposes.

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

Closed Sales Stats
1/22/2011 Prior Week
# Closed Sales
3 3
# Sales Below List (% total) 3 (75%) 2 (67%)
SP/Orig List % 96% 99%
Average DOM of Closed Sales 55 20

(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)
11 Willow Glen Way
5
500 Prospect Street
10
343 De Anza Avenue
131
250 Ruby Avenue
8

(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:

125 Coventry Court, San Carlos

125 Coventry Court, 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
125 Coventry Court
$1,299,000 3BR/2.5BA 2,860/10,400 Kathleen Areias, Coldwell Banker
101 Club Drive Drive
$1,185,000 3BR/2BA 1,580/6,000 Linda Young, Coldwell Banker.
3154 La Mesa Drive
$919,000 3BR/2BA 1,760/9,030 Carole and Nicole, Alain Pinel Realtors
133 Highland Avenue $849,000 3BR/2.5BA 1,760/14,200 Chuck Gillooley, Alain Pinel Realtors

(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
30 Chicory Lane
$640,000 $800,000 $160,000 (-20%)
58

(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)
757 Elm Street  #6
88
22 Chicory Lane
139

(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
661 Prospect Street
$651,900 2BR/2.5BA 1,263 Vincent Armando, Armando Investments
3315 La Mesa Drive #1
$651,900 2BR/2BA 1,040 Janet Jaramillo, Alain Pinel Realtors

(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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