San Carlos Real Estate Agent, San Carlos Realtor The San Carlos Real Estate Week in Review: 7-23-11. | The White Oaks Blog

The San Carlos Real Estate Week in Review: 7-23-11.

by Chuck Gillooley

San Carlos Real Estate Summary.

We spent a fair amount of space on the site last week discussing pricing trends in San Carlos and specifically in the White Oaks neighborhood (look for additional neighborhoods next week).    One additional datapoint that was not discussed in that analysis is how homes are selling compared to their original list price.    In the last few weeks, as we’ve noted in the tables below, the majority of homes have been selling below their original list price — this week, 2/3 of the homes that closed did not fetch that price point, with the average sale fetching only about 96% of the price it was originally listed for.   That’s still a respectable number for other regions, but a little low by San Carlos standards.

Here’s a quick snapshot of the inventory of San Carlos single family homes as of 7-23-2011.

Inventory 7-23-11 Prior Week
Active Listings 51 52 (-1.9%)
Average Price of Active Listings $1,023,584  $1,034,669 (-1.1%)
Average DOM of Active Listings 67 65
No. of Homes Pending Sale
37 43 (-14%)
Ratio of Active:Pending 1.2 : 1 1.2 : 1

San Carlos Market Report.

Click here to download this week’s edition of the Altos Research Market Report:    San Carlos Market Report 7-23-2011

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:

442 De Anza Avenue, San Carlos
442 De Anza 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
442 De Anza Avenue $1,150,000 $1,275,000 -$125,000 (-9.8%) 138
79 Club Drive $1,060,000 $1,095,000 -$35,000 (-3.2%) 18
104 Rockridge Road $1,058,000 $1,038,000 +$20,000 (+1.9%) 83
3115 Brittan Avenue $1,045,000 $968,000 +$77,000 (+8.0%) 2
152 Plymouth Avenue $975,000 $1,175,000 -$200,000 (-17.0%) 350
100 Kelton Avenue $925,000 $949,900 -$24,900 (-2.6%) 15
1671 Belmont Avenue $902,000 $919,000 -$17,000 (-1.8%) 67
1441 Hull Drive $850,000 $928,950 -$78,950 (-8.5%) 50
840 Orange Avenue $807,000 $799,000 +$8,000 (+1.0%) 6
2452 San Carlos Avenue $710,000 $789,000 -$79,000 (-10.0%) 80
161 Vine Street
$657,000 $638,000 +$19,000 (+3.0%) 6

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

Closed Sales Stats 7-23-11 Prior Week
# Closed Sales 11 9
# of Sales Below List (% of total) 7 (64%) 7 (78%)
SP/Orig List % 95.9% 97.1%
Average DOM of Closed Sales 65 67

(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
119 Winding Way 28 $849,950
848 Sunset Drive
32 $545,000
1078 Cedar Street
7 $759,000
420 Pearl Avenue
14 $699,000

(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.

 

101 Aberdeen Drive, San Carlos
101 Aberdeen Drive, 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
101 Aberdeen Drive
$1,278,000 4BR/3BA 2,430/7,033 Holly Noto, Coldwell Banker
891 Sunset Drive
$1,200,000 4BR/3.5BA 2,630/6,600 Rick Barrelier, RE/MAX Investments
1339 Woodland Avenue $775,000 2BR/1BA 1,090/4,920 John Shroyer, Today Sothebys
903 Hall Street $650,000 4BR/2BA 1,490/7,446 Sylvia Martinelli, Realty World
1035 Northwood Drive
$565,000 2BR/1BA 820/5,000 Wayne Rivas, 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

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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
734 Chestnut Street #5 $540,000 $530,000 +$10,000 (+1.9%) 10
3331 Brittan Avenue #4
$420,000 $460,000 -$40,000 (-8.7%) 39

(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)
10 Mayflower Avenue 42

(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
641 Cedar Street #104
$519,000 2BR/2BA 1,178 Ellen Larios, Today Sothebys
3341 Brittan Avenue #9
$499,000 3BR/2BA 1,239 Jila Afjei, Better Homes
3324 Brittan Avenue #6
$437,000 2BR/2BA 1,040 Norreen Bulotti, Coldwell Banker

(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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