The San Carlos Real Estate Week in Review: 5-14-11.

May 15, 2011

2433-Melendy-Drive

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:

 

2433 Melendy Drive, San Carlos

2433 Melendy Drive, 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.)

Homes Sold in San Carlos

Homes Sold in San Carlos

___________________________________________________________________

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.)

___________________________________________________________________

New Single-Family Home Listings in San Carlos:

 

169 Glasgow Lane, San Carlos

169 Glasgow Lane, 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.)

Homes for Sale in San Carlos

Homes 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
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)

Condos Sold in San Carlos

Condos Sold in San Carlos

___________________________________________________________________

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)

Condos Pending Sale in San Carlos

Condos 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
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)

Condos for Sale in San Carlos

Condos 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.

    Open House in San Carlos

    Open House in San Carlos

___________________________________________________________________

Want Your Data Sooner?

    Follow the White Oaks Blog on Twitter where I post San Carlos home sales updates as they happen. Just click on the Twitter button below.

    The White Oaks Blog on Twitter

    Interested in more information on San Carlos? Become a fan of the White Oaks Blog Page on Facebook . Just click on the Facebook button below.

    The White Oaks Blog on Facebook

    ———————————————-

    (The “San Carlos Week in Review” series is a summary of new listings and home sales in San Carlos for the prior week.)

    ———————————————

Posted in:

Leave a Comment