San Carlos Real Estate Agent, San Carlos Realtor The San Carlos Real Estate Week in Review: 3-12-11. | The White Oaks Blog

The San Carlos Real Estate Week in Review: 3-12-11.

by Chuck Gillooley

Summary.

It was another good showing for new issues this week, with 8 new listings to choose from.    And buyers seem to be responding positively, as new open houses are reporting huge turnouts.    8 homes went into contract, thus keeping the overall inventory almost unchanged from the prior week.  And multiple offers are becoming more commonplace as more buyers are competing in this inventory-constrained environment.

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 3-12-2011:

Inventory 3-12-11 Prior Week
Active Listings 54 53 (+2%)
Average DOM of Active Listings 81 81
Homes in Contract 36 32 (+13%)
Ratio Active/Pending 1.5 : 1 1.7 : 1

Single-Family Homes Sold in San Carlos:

1541 Morse Boulevard, San Carlos
1541 Morse 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
1541 Morse Avenue $1,525,000 $1,490,000 +$35,000 (+2%) 0
1933 Eaton Avenue $1,125,000 $1,150,000 -$25,000 (-2%) 84
1516 Saint Francis Way
$950,000 $949,000 +$1,000 (+0.1%) 9
125 Belvedere Avenue
$925,000 $979,000 -$54,000 (-6%) 78

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

Closed Sales Stats 3-12-11 Prior Week
# Closed Sales 4 8
# Sales Below List (% total) 2 (50%) 6 (75%)
SP/Orig List % 99% 96%
Average DOM of Closed Sales 43 49

(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

___________________________________________________________________

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
113 Plymouth Avenue
11 $1,049,000
1340 Alameda de las Pulgas
135 $699,000
2641 Thornhill Drive 136 $829,000
887 Heather Drive
11 $979,000
28 Exeter Avenue 14 $849,000
1362 Chestnut Street
9 $929,000
90 Kenton Avenue
38 $749,000
50 Arundel Road
139 $899,000

(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:

249 Highland Avenue, San Carlos
249 Highland 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
249 Highland Avenue
$1,689,000 3BR/3BA 3,100/6,344 Marie Delucchi, Today Sothebys
55 Hartford Avenue
$1,278,888 3BR/3BA 2,480/17,000 Lorelei Keim, Coldwell Banker
1029 Elm Street
$1,238,888 3BR/2BA 1,986/6,000 Lorelei Keim, Coldwell Banker
1500 Eaton Avenue $1,189,000 4BR/3BA 2,310/6,780 Justine Ford, Today Sothebys
115 De Anza Avenue $919,000 3BR/2BA 1,240/5,700 Val Vandervort, Coldwell Banker
948 Rosewood Avenue
$929,000 2BR/2BA 1,970/6,000 Bob Bredel, Today Sothebys
15 Del Rey Court
$864,950 3BR/2BA 1,700/6,000 Maxine Dumas, Dumas & Company
416 Winding Way $650,000 3BR/2BA 1,400/5,400 Sherry Bakhtiari, Investment Realty Center

(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

___________________________________________________________________

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

$– $– $–

(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

___________________________________________________________________

Condo/Townhouse Pending Sales in San Carlos

The following condos/townhouses are now pending sale:

Address DOM (days)
8 Honeysuckle  Lane
16

(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

___________________________________________________________________

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
1 Sorrel Lane
$629,000 3BR/2.5BA 1,709 Greg Celotti, Alain Pinel Realtors
416 Portofino Drive #202
$479,950 2BR/2.5BA 1,310 Jim Tierney, Netequity
3325 Brittan Avenue #2
$379,050 2BR/2BA 1,040 Valerie Trenter, Coldwell Banker

(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

___________________________________________________________________

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

___________________________________________________________________

Want Your Data Sooner?

    Follow the White Oaks Blog on Twitter where I post San Carlos home sales updates as they happen. Just click on the Twitter button below.

    The White Oaks Blog on Twitter

    Interested in more information on San Carlos? Become a fan of the White Oaks Blog Page on Facebook . Just click on the Facebook button below.

    The White Oaks Blog on Facebook

    ———————————————-

    (The “San Carlos Week in Review” series is a summary of new listings and home sales in San Carlos for the prior week.)

    ———————————————

__________________________________________________________________

Welcome to to the White Oaks Blog — the most widely read blog dedicated to the San Carlos real estate market! Have blog updates sent to you automatically by subscribing for free by clicking here. Be sure to follow the White Oaks Blog on Facebook at https://Facebook.com/WhiteOaksBlog , and on Twitter @WhiteOaksBlog.
Don’t miss a single update!
_____________________________________________________________________________

GD Star Rating
loading...
GD Star Rating
loading...
The San Carlos Real Estate Week in Review: 3-12-11., 5.0 out of 5 based on 1 rating
Comments 2
  • I find that Zillow, at least in the bay area, has values so flawed that they make no sense. Whatever their algorithmic system is, they aren’t even close.

    Perfect example, 1541 Morse closes at $1,525.000 and is valued at $1,068,500. I realize the margin of error, but how could it be so off? Even at 0 days on the market, the zillow value should be closer to $1.4, shouldn’t it?

    GD Star Rating
    loading...
    GD Star Rating
    loading...
    • Michael,

      I have to agree with your assessment on Zillow. I normally don’t use the site, but I spent a few minutes on it yesterday. First thing I noticed is that a whole bunch of homes that are supposedly “for sale” aren’t at all. They had either sold a long time ago, or simply weren’t on the market. And Zillow allows users to change specs on the house and to input their own valuations.

      On top of all that, home values in San Carlos vary widely from neighborhood to neighborhood, even by street. A house on Morse is going to cost more than if it were on a different street. There’s no way Zillow (or any other automated tool) can make that differentiation.

      GD Star Rating
      loading...
      GD Star Rating
      loading...
Leave a comment