The San Carlos Real Estate Week in Review: 5-14-11.
May 15, 2011
Summary.
It was another good week for home buyers in San Carlos, with 10 new listings to choose from. But not all regions in San Carlos are enjoying the influx of new listings. The highly sought after Howard Park neighborhood only has 4 active listings, or 6% of the total available single-family homes in San Carlos. White Oaks/Oak Park isn't much better, with 11 active listings or 17% of the total. So if a home in the flat section of San Carlos is what you're looking for, there's still not a generous supply of homes to choose from yet.
Interest rates remained steady this past week at attractive levels. And even jumbo loans (>$729,750) are starting to gain favor again with home buyers. Look for more on this topic later in the week on the site.
San Carlos Market Report.
Click here to download this week's edition of the Altos Research Market Report: San Carlos Market Report 5-14-2011
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 5-14-2011:
Inventory | 5-14-11 | Prior Week |
---|---|---|
Active Listings | 64 | 62 (+3%) |
Average DOM of Active Listings | 60 | 62 |
Homes in Contract | 55 | 52 (+6%) |
Ratio Active/Pending | 1.2 : 1 | 1.2 : 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 |
---|---|---|---|---|
2433 Melendy Drive |
$1,270,000 | $1,288,000 | -$18,000 (-1.4%) | 6 |
202 Timothy Drive |
$1,149,000 | $1,149,000 | $0 (0%) | 81 |
790 Buckland Avenue | $1,012,500 | $1,099,000 | -$86,500 (-7.9%) | 58 |
31 Molton Avenue |
$770,000 | $765,000 | +$5,000 (+0.7%) | 13 |
— Here are some key statistics on the sales that closed this week:
Closed Sales Stats | 5-14-11 | Prior Week |
---|---|---|
# Closed Sales | 4 | 8 |
# of Sales Below List (% of total) | 2 (50%) | 5 (63%) |
SP/Orig List % | 98% | 99% |
Average DOM of Closed Sales | 40 | 25 |
(Click the “Homes Sold” button below see all of the homes that have sold in San Carlos in the past 3 months.)
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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 |
---|---|---|
104 Winding Way | 332 | $332,000 |
1817 Greenwood Avenue | 8 | $1,160,000 |
760 Knoll Drive |
12 | $1,050,000 |
731 Cordilleras Avenue | 13 | $849,000 |
15 Madera Avenue | 6 | $890,000 |
1392 Oakhurst Avenue |
41 | $849,950 |
416 Pearl Avenue | 12 | $898,000 |
1617 Belmont Avenue | 8 | $869,000 |
(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:
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 |
---|---|---|---|---|
169 Glasgow Lane |
$1,388,000 | 4BR/3BA | 2,510/7,481 | Sandy & Mike Rostad, Coldwell Banker |
204 Exeter Avenue |
$1,349,000 | 4BR/3.5BA | 3,450/8,851 | Bob Bredel, Today Sothebys |
19 Anchor Lane |
$1,299,000 | 6BR/4BA | 3,650/11,900 | Justine Ford, Today Sothebys |
3211 Melendy Drive | $1,149,000 | 3BR/2.5BA | 2,8340/7,740 | Eddie Azzopardi, Realty World |
132 Garnet Avenue | $1,110,000 | 4BR/3BA | 2,268/5,500 | David Young, Coldwell Banker |
45 Shelford Avenue |
$839,000 | 3BR/2.5BA | 1,440/6,160 | Chris Simone, Fireside Realty |
260 Beverly Drive |
$799,950 | 2BR/2BA | 900/8,000 | Dave Blewett, Intero |
163 Ruby Avenue |
$799,000 | 3BR/1.5BA | 1,250/4,400 | Lottie Kendall, Today Sothebys |
2647 San Carlos Avenue |
$793,000 | 4BR/4BA | 2,500/7,000 | Jerry Prine, Hometown Realty |
973 Cherry Street | $539,900 | 2BR/1BA | 980/5,000 | Louie Khoury, Alain Pinel Realtors |
(Click the “Homes For Sale” button below to see ALL of the homes currently 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 |
---|---|---|---|---|
1 Sorrel Lane | $634,000 | $629,000 | +$5,000 (+0.8%) |
15 |
939 Laurel Street #215 |
$385,000 | $409,000 | -$24,000 (-5.9%) |
6 |
3325 Brittan Avenue #2 | $361,000 | $379,050 | -$18,050 (-4.8%) |
37 |
(Click the “Condos Sold” button below to see all of the condos and townhomes that have recently 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) |
---|---|
645 Prospect Street #103 | 13 |
13 Sorrel Lane |
5 |
(Click the “Condos Pending Sale” button below to see all of the condos and townhomes that are 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 |
---|---|---|---|---|
734 Chestnut Street #3 | $615,000 | 2BR/2.5BA | 1,250 | John Bautista, GDE Realty & Loans |
(Click the “Condos for Sale” button below to see all of the condos and townhomes that are currently 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.
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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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