The San Carlos Real Estate Week in Review: 4-30-11.

May 2, 2011

1643-St-Francis-Way

Summary.

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:

Inventory 4-30-11 Prior Week
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:

 

1643 Saint Francis Way, San Carlos

1643 Saint Francis Way, 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
$942,000 $949,000 -$7,000 (-0.7%) 14
1047 Hall Street
$775,000 $775,000 0 (0%) 5
156 Plymouth Avenue
$700,000 $739,000 -$39,000 (-5.3%) 63
437 Hillcrest Road
$622,000 $610,000 +$12,000 (+2.0%) 14

— 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.)

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
182 Fairmont Avenue
21 $975,000
1732 Greenwood Avenue
16 $1,098,000
2245 Eaton Avenue
70 $1,695,000
1339 Woodland Avenue
9 $599,950
53 Maple Way
14 $895,000

(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:

 

104 Exeter Avenue, San Carlos

104 Exeter 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
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.)

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
645 Prospect Street #102
$650,000 $659,500 -$4,500 (-1.4%)
11
793 Elm Street #19
$585,500 $595,000 -$9,500 (-1.6%)
15
3321 Brittan Avenue #18
$415,000 $399,000 +$16,000 (+18.6%)
0

(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)
13 Clover Lane
55
3331 Brittan Avenue #4
9

(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
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)

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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