The spring real estate market kicked into full gear this past week with 11 new listings hit the market, covering the spectrum from $650,000 to over $1.7M. This brings some welcome relief to buyers who’ve had not much to choose from since the beginning of the year. And more good news should be on the horizon — normal peak spring inventory runs between 60-70 homes, so in order to reach that plateau we should expect to a continued push of new listings in the coming weeks.
Another good sign of market strength is that some of the older inventory is starting to sell. All four homes that went into contract this week had been on the market for between 2-4 months, which sometimes seems like an eternity in the San Carlos market.
San Carlos Market Report.
Click here to download this week’s edition of the Altos Research Market Report: San Carlos Market Report 2-26-2011
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 2-26-2011:
|Active Listings||51||44 (+16%)|
|Average DOM of Active Listings
|Homes in Contract
||35||34 (+ 2.9%)|
||1.5 : 1||1.3 : 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|
|250 Ruby Avenue
|15 Whitman Court
— Here are some key statistics on the sales that closed this week:
|Closed Sales Stats
|# Closed Sales
|# Sales Below List (% total)||1 (50%)||1 (50%)|
|SP/Orig List %||98%||100%|
|Average DOM of Closed Sales||17||26|
(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 of each for additional info:
|Address||DOM (days)||List Price|
|1633 Brittan Avenue||131||$899,000|
|125 Belvedere Avenue
|1010 Sunset Drive||110||$1,049,000|
|2388 Brittan Avenue
(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|
|916 Tamarack Avenue||$1,725,000||5BR/3BA||2,622/5,500||Claire Earley, Coldwell Banker|
|1847 Eaton Avenue
||$1,210,000||3BR/3.5BA||1,960/10,360||David Young, Coldwell Banker|
|1087 Hewitt Drive
||$1,019,900||5BR/3BA||2,350/8,632||Patricia Dwyer, Coldwell Banker|
|113 Plymouth Avenue
||$1,049,000||3BR/2.5BA||1,890/6,800||Terri Kerwin, Kerwin & Associates|
|887 Heather Drive
||$979,000||4BR/2BA||2,080/14,909||Margot Lockwood, Coldwell Banker|
|350 Oakview Drive
||$859,000||3BR/2BA||1,120/5,610||Alisa Ruiz-Johnson, Coldwell Banker|
|28 Exeter Avenue
||$849,000||3BR/2BA||1,720/6,908||Rose Pali, Barbagelata|
|789 Cedar Street
||$785,000||3BR/2BA||1,320/5,985||Tori Corbett, Alain Pinel Realtors|
|858 Sunset Drive
||$719,000||2BR/2BA||1,190/5,610||Pam Piers Hammer, Coldwell Banker|
|9 Devonshire Blvd
||$675,000||3BR/2BA||1,640/10,650||Rick Barrelier, Reliance|
|399 Winding Way
||$650,000||2BR/1BA||780/16,000||Alipate Sanft, SC Properties|
(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 for all of the details:
|Address||Sold Price||Orig. List||Difference||DOM|
|436 Portofino Drive #203
|3329 Brittan Avenue #5
|3314 Brittan Avenue #1
(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:
(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:
|Address||List Price||BR/BA||Sq Feet||Listed By|
|8 Honeysuckle Lane
||$760,000||3BR/2.5BA||2,100||Khaled Zoubi, Fidelity Brokers|
(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.
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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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