Buyers rejoice! The big news this past week was new listings. In what was the biggest week for new issues so far in 2011, 16 listings were added to the inventory of homes for sale in San Carlos, thus pushing the total number back up to 64. This is great news for buyers, as they now have several options to see in just about every price range. This will help bring some much-needed balance and sensible buying to the market.
Pricing remained stable for those homes that closed escrow. For that past few weeks, the ratio of final sales price to original list price has been within a point of 100%, meaning that homes are selling right for around the list price — not too far above, not too far below.
San Carlos Market Report.
Click here to download this week’s edition of the Altos Research Market Report: San Carlos Market Report 4-30-2011
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 4-30-2011:
|Active Listings||64||51 (+25%)|
|Average DOM of Active Listings||69||82|
|Homes in Contract||51||47 (+ 9%)|
|Ratio Active/Pending||1.3 : 1||1.1 : 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|
|1643 Saint Francis Way
|1047 Hall Street
|156 Plymouth Avenue
|437 Hillcrest Road
— Here are some key statistics on the sales that closed this week:
|Closed Sales Stats||4-30-11||Prior Week|
|# Closed Sales||4||8|
|# of Sales Below List (% of total)||2 (50%)||4 (50%)|
|SP/Orig List %||99%||100%|
|Average DOM of Closed Sales||25||16|
(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|
|182 Fairmont Avenue
|1732 Greenwood Avenue
|2245 Eaton Avenue
|1339 Woodland Avenue
|53 Maple Way
(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|
|104 Exeter Avenue
||$1,649,000||4BR/3BA||2,920/8,400||Bob Bredel, Today Sothebys|
|1712 Howard Avenue||$1,399,990||4BR/3BA||2,620/6,500||Val Vandervort, Coldwell Banker|
|149 Crestview Drive
||$1,398,000||5BR/4.5BA||3,337/8,400||Claudia Byrnes, Keller Williams|
|581 Emerald Avenue||$1,388,000||4BR/3.5BA||2,570/5,500||Tatum Clarke, Intero|
|44 Bay View Drive
||$1,248,500||4BR/3.5BA||2,904/9,700||Susan Lindstrom, Elite Properties|
|1079 Sunset Drive
||$1,150,000||4BR/3.5BA||3,100/6,150||Vicki Glynn, Today Sothebys|
|2065 Greenwood Avenue
||$1,075,000||5BR/3BA||2,060/4,665||Bob Bredel, Today Sothebys|
|760 Knoll Drive
||$1,050,000||3BR/1.5BA||1,820/11,220||Steve Bianchi, Realty World|
|116 Club Drive
||$999,000||4BR/3BA||1,960/6,900||Vali Hashemian, S and T Properties|
|141 Palm Avenue
||$995,000||3BR/2.5BA||2,150/4,998||Bob Bredel, Today Sothebys|
|742 Cordilleras Avenue||$939,950||3BR/2BA||1,600/6,656||Mary Abolmoluki, Coldwell Banker|
|1441 Hull Drive
||$928,950||3BR/2BA||1,240/7,700||Chris Frangos, Coldwell Banker|
|194 Hillcrest Road
||$899,000||3BR/2BA||1,740/9,240||Ron Evans, Keller Williams|
|731 Cordilleras Avenue
||$849,000||3BR/2BA||1,540/6,600||Margaret Maguire, Coldwell Banker|
|2808 Tramanto Drive
||$888,000||3BR/2BA||1,320/8,040||Robert Nebres, Bay Area Estates|
|1005 Hall Street
||$569,000||2BR/1BA||910/4,350||Bob Bredel, Today Sothebys|
(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|
|645 Prospect Street #102
|793 Elm Street #19
|3321 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:
|13 Clover Lane
|3331 Brittan Avenue #4
(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 #103
||$649,900||2BR/2BA||1,667||Chet Lane, Prudential|
(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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