The San Carlos Real Estate Week in Review: 2-12-11

February 13, 2011

1925-Belmont-Avenue

Summary.

The sales momentum from last week carried over into this week, although not at such a torrid pace.  Five homes were sold this past week, with 1925 Belmont Avenue taking the cake for hotly contested sales.   This home sold with 6 offers after only 4 days on the market — without a single open house.    That makes a pretty strong statement about what may take to win in this market when you find the “right” home, and it's the right home for others too.

Six new homes came onto the market, but the inventory is still pretty lean with only 45 homes for sale.     But all in all, it's a promising start to the new year.

San Carlos Market Report.

Click here for this week's edition of the Market Report:  San Carlos Market Report 2-12-2011

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 2-12-2011:

Inventory 2-12-11 Prior Week
Active Listings 45 42 (+7%)
Average DOM of Active Listings
105 109
Homes in Contract
28 25 (+12%)
Ratio Active/Pending
1.6 : 1 1.7 : 1

Single-Family Homes Sold in San Carlos:

1359 Geneva Avenue, San Carlos

1359 Geneva Avenue, 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
1359 Geneva Avenue
$859,000 $879,000 $20,000 (-2.3%)
40
216 Frances Lane
$920,000 $989,000 $69,000 (-7.0%)
79

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

Closed Sales Stats
2-12-11 Prior Week
# Closed Sales
2 2
# Sales Below List (% total) 2 (100%) 2 (100%)
SP/Orig List % 95% 95%
Average DOM of Closed Sales 60 61

(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 of each for additional info:

Address DOM (days) List Price
1933 Eaton Avenue 84 $1,150,000
1516 Saint Francis Way
9 $949,000
967 Hall Street 202 $519,000
125 Coventry Court 10 $1,299,000
1925 Belmont Avenue 4 $1,129,000

(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:

1925 Belmont Avenue, San Carlos

1925 Belmont Avenue, 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
1925 Belmont Avenue
$1,129,000 3BR/2.5BA 2,240/8,520 Lottie Kendall, Today Sothebys
1311 Geneva Avenue $985,000 3BR/2BA 1,500/7,150 Stephen Hicks, Gateway Properties
245 Manor Drive
$979,000 3BR/2BA 1,430/7,777 Molly Mausser, Alain Pinel Realtors
1820 Elm Street
$979,000 4BR/2BA 1,670/5,500 Justine Ford, Today Sothebys
125 Oakview Drive
$929,000 3BR/2BA 1,290/7,500 Justine Ford, Today Sothebys
637 Dartmouth Avenue
$790,000 2BR/2BA 1,677/5,616 Susan Lewandowski, Coldwell Banker

(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)
641 Cedar Street #204
62
3358 Avenue #18
87

(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
15 Daffodil Lane
$878,000 3BR/2.5BA 2,310 Connie Vial, Vial Properties
641 Cedar Street #205
$559,000 2BR/2BA 1,085 Mike Masoumi, RE/MAX
3366 Brittan Ave #4
$350,000 2BR/2BA 1,040 Steve Mogavero, Intero
3338 La Mesa Drive #6
$459,000 2BR/2BA 1,040 Haifa Khoury, Today Sothebys

(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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