The San Carlos Real Estate Week in Review: 6-18-11.

June 19, 2011

1712-Howard-Avenue

Summary.

In the previous Week in Review report, we focused on a couple of  listings that took a long time get into contract.   This past week, it seemed to be exactly the opposite — 12 homes went pending sale, which is a very strong buying week for San Carlos.   But 3 of those 12 that sold this past week did so within the first week of being on the market, and at least two of those three got multiple offers.  That's a pretty good indication that the demand is still very high in San Carlos right now, and that the torrid pace of home sales will continue for awhile.

Here's a quick snapshot of the inventory of San Carlos single family homes as of 6-18-2011:

Inventory 6-18-11 Prior Week
Active Listings 59 62 (-5%)
Average DOM of Active Listings 68 62
Homes in Contract 51 48 (+6%)
Ratio Active/Pending 1.2 : 1 1.3 : 1

San Carlos Market Report.

Click here to download this week's edition of the Altos Research Market Report:  San Carlos Market Report 6-18-2011

The San Carlos Open House Page.

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.

Single-Family Homes Sold in San Carlos:

 

1712 Howard Avenue, San Carlos

1712 Howard 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
1712 Howard Avenue $1,380,000 $1,399,990 -$19,990 (-1.4%) 7
1080 Crestview Drive $1,192,000 $1,150,000 +$42,000 (+3.7%) 7
17 Michael Court $1,180,000 $1,149,888 +30,112 (+2.6%) 7
1430 Cedar Street $925,000 $949,000 -$24,000 (-2.5%) 22
92 Madera Avenue $846,000 $929,000 -$83,000 (-8.9%) 489
194 Hillcrest Road $841,000 $899,000 -$58,000 (-6.5%) 20
2647 San Carlos Avenue $824,000 $793,000 +$31,000 (+3.9%) 8
104 Winding Way $735,000 $749,000 -$14,000 (-1.9%) 332

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

Closed Sales Stats 6-18-11 Prior Week
# Closed Sales 8 12
# of Sales Below List (% of total) 5 (63%) 7 (58%)
SP/Orig List % 98.8% 98.6%
Average DOM of Closed Sales 111 17

(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
164 Normandy Court 6 $1,795,000
1441 Hull Drive 50 $869,950
154 Garnet Avenue 39 $1,109,000
448 Emerald Avenue
25 $789,000
2701 Victoria Manor
93 $810,000
3031 Brittan Avenue
4 $939,000
581 Emerald Avenue 49 $1,328,000
100 Kelton Avenue 15 $949,900
1311 Saint Francis Way
12 $929,000
132 Arundel Road
91 $824,999
104 Rockridge Road 8 $1,038,000
840 Orange Avenue
6 $799,000

(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:

 

3031 Brittan Avenue, San Carlos

3031 Brittan 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
3031 Brittan Avenue
$939,000 3BR/2BA 2,210/17,952 Mary Ficklin, Alain Pinel Realtors
116 Colton Avenue
$922,000 3BR/1.5BA 1,500/5,750 David Young, Coldwell Banker
14 Maple Way
$890,000 3BR/2BA 1,490/5,000 Robert Jurisich, Coldwell Banker
840 Orange Avenue $799,000 3BR/1.5BA 1,574/5,500 Jaime Jones, Intero
286 Chestnut Street
$775,900 3BR/2BA 1,470/6,300 Christina Nguyen, Keller Williams
161 Vine Street $638,000 2BR/1BA 1,040/7,590 Bryce Cook, Today Sothebys
1091 Sunset Drive $599,000 3BR/2BA 1,530/9,261 Elaine White, Coldwell Banker
848 Sunset Drive $553,000 2BR/1BA 790/5,500 David Ames, Patriot Properties

(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
2 Elm Street #100
$375,000 $459,000 -$84,000 (-18.3%) 123

(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)
1700 San Carlos Avenue #301 137

(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

$-

(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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