The San Carlos Real Estate Week in Review: 4-2-11.

April 3, 2011

79-Club-Drive

Summary.

I once mentioned in previous post that the two days of the week that you want to pay close attention to the MLS is on Mondays and Fridays, because those two days are when the majority of homes are listed on the market.   This week proved my point — almost every new listing this week posted on Friday (or early Saturday).    This late surge pushed the inventory of available homes up to 58, and in the process gave White Oaks buyers some much needed additional options to consider.   58 is still well below average for this time of year, but it's a step in the right direction for buyers.

San Carlos Market Report.

Click here to download this week's edition of the Altos Research Market Report:  San Carlos Market Report 4-2-2011

San Carlos Open House List.

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 4-2-2011:

Inventory 4-2-11 Prior Week
Active Listings 57 48 (+19%)
Average DOM of Active Listings 83 81
Homes in Contract 33 42 (-21%)
Ratio Active/Pending 1.7 : 1 1.1 : 1

Single-Family Homes Sold in San Carlos:

113 Plymouth Avenue, San Carlos

113 Plymouth 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
113 Plymouth Avenue
$1,095,000 $1,049,000 +$46,000 (+4%) 11
23 Whitman Court
$1,075,000 $1,075,000 $0 (+0%) 12
201 Hillcrest Road
$989,000 $949,000 +40,000 (+4%) 14
378 De Anza Avenue
$855,000 $849,000 +6,000 (+1%) 15
789 Cedar Street
$810,000 $785,000 +25,000 (+3%) 7
2641 Thornhill Drive
$775,000 $879,000 -104,000 (-12%) 136
2388 Brittan Avenue
$685,000 $775,000 -90,000 (-12%) 96
220 Winding Way $539,000 $539,000 $0 (0%) 0

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

Closed Sales Stats 4-2-11 Prior Week
# Closed Sales 8 3
# Sales Below List (% total) 2 (25%) 2 (75%)
SP/Orig List % 99% 95%
Average DOM of Closed Sales 36 19

(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
271 Vine Street 12 $899,000
1055 Hewitt Drive
5 $899,000

(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:

 

79 Club Drive, San Carlos

79 Club Drive, 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
79 Club Drive
$1,095,000 5BR/3BA 2,400/6,485 Ronda O'Leary, Coldwell Banker
125 Sunnydale Avenue
$999,000 4BR/2BA 1,830/5,600 Joyce Romeo, Intero
1055 Hewitt Drive
$899,000 3BR/2BA 1,370/8,280 Mary Abolmoluki, Coldwell Banker
723 Cordilleras Avenue
$949,000 3BR/2BA 1,380/6,300 Michelle Glaubert, Coldwell Banker
1392 Oakhurst Avenue $879,950 3BR/1.5BA 1,420/6,050 Dave Blewett, Intero
124 Garnet Avenue
$819,000 3BR/2.5BA 1,620/5,500 Jane Longley-Martins, Today Sothebys
26 Walton Street
$729,000 3BR/1BA 1,290/5,390 Christy Giuliacci, Alain Pinel Realtors
437 Hillcrest Road
$610,000 2BR/2BA 1,120/7,644 Sally Thompson, Intero

(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
641 Cedar Street #204 $535,000 $559,000 -$24,000 (-4%) 62
3388 Brittan Avenue #6
$430,000 $430,000 $0 (0%)
5
3319 Brittan Avenue  #3
$385,000 $429,000 -$44,000 (-10%)
629
222 Laurel Street #307
$260,000 $275,000 -$15,000 (-5%)
7

(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)

(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
7 Chicory Lane $639,000 3BR/2.5BA 1,709 Richard Matusich
602 Cedar Street #5 $539,000 2BR/2BA 1,320 William McQuaid, Coldwell Banker
3362 Brittan Avenue #13 $539,000 3BR/2BA 1,239 Sean Clar, RE/MAX
3375 Brittan Avenue #7 $520,000 2BR/2BA 1,040 Nancy Hobson, Coldwell Banker
222 Laurel Street #111 $359,000 2BR/1BA 930 Jesse Gutierrez, Vision Real Estate

(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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