The San Carlos real estate market remained red-hot this past week, as the buying spree continued. 11 homes were snatched off the market in just a week — and with only 7 new listings to replenish the supply, the inventory once again dropped below 50 down to 48. The surge in buying that we have witnessed the past few weeks has pushed the number of pending sale (42) to be almost as high as the number of homes for sale (48)! That’s the sign of a sustained hot market.
San Carlos Market Report.
Click here to download this week’s edition of the Altos Research Market Report: San Carlos Market Report 3-26-2011
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 3-26-2011:
|Active Listings||48||55 (-13%)|
|Average DOM of Active Listings||81||73|
|Homes in Contract||42||34 (+24%)|
|Ratio Active/Pending||1.1 : 1||1.6 : 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|
|1847 Eaton Avenue
|1010 Sunset Drive
|1340 Alameda||$690,000||$730,000||-$40,000 (-5%)||135|
— Here are some key statistics on the sales that closed this week:
|Closed Sales Stats||3-26-11||Prior Week|
|# Closed Sales||3||8|
|# Sales Below List (% total)||2 (75%)||2 (38%)|
|SP/Orig List %||95%||100%|
|Average DOM of Closed Sales||19||84|
(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|
|125 Coventry Court||52||$1,299,000|
|135 Dolton Avenue||192||$1,150,000|
|1135 Alameda de las Pulgas
|858 Sunset Drive
|55 Hartford Avenue
|125 Oakview Drive
|749 Dartmouth Avenue
|706 Cedar Street
|21 Valley Road
|1047 Hall Street
|17 Del Rey Court
(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|
|940 Woodland Avenue
||$1,499,000||4BR/3BA||2,830/11,820||Kathy Zmay, Intero|
|1010 Crestview Drive
||$1,169,000||4BR/2.5BA||2,300/8,176||Stanley Lo, Green Banker|
|844 Bauer Court
||$1,100,000||4BR/2BA||2,110/11,000||Rick Freedman, Intero|
|2000 San Carlos Avenue||$795,000||3BR/2BA||1,420/6,322||Bob Bredel, Today Sothebys|
|2236 Howard Avenue||$699,000||2BR/1BA||900/7,065||Judy Litteer, Better Homes and Gardens|
|1021 Holly Street
|2096 Birch Avenue
||$629,000||2BR/1BA||1,230/5,000||Helen Cross, Coldwell Banker|
(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|
|8 Iris Lane||$875,000||$899,000||-$24,000 (-3%)||0|
|2995 Melendy Drive #3
|3358 Brittan Avenue #18
(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:
|1 Sorrel Lane
(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|
|645 Prospect Street #102
||$659,500||2BR/2BA||1,527||Barbara Stogner, Today Sothebys|
|793 Elm Street #19
||$595,000||2BR/2BA||1,488||Denny Williams, Broker|
(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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