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.
|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
|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:
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
— 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.)
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
|1078 Cedar Street
|420 Pearl Avenue
(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.
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.)
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
(Click the “Condos Sold” button below to see all of the condos and townhomes that have recently sold in San Carlos)
Condo/Townhouse Pending Sales in San Carlos
The following condos/townhouses are now pending sale:
|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)
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)
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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