San Carlos Real Estate Agent, San Carlos Realtor The San Carlos Real Estate Week in Review: 8-27-11. | The White Oaks Blog

The San Carlos Real Estate Week in Review: 8-27-11.

by Chuck Gillooley

San Carlos Real Estate Summary.

It has been a frustrating couple of weeks for home buyers in San Carlos.  Inventory levels have been slowly dropping over the summer, and it really seemed to hit a low this past week.   For most of the week, there were more homes in contract (pending sale) than there were active listings.   That doesn’t happen very often.   To look at it in a different way, during the past week there were more homes for sale in Belmont than there were in San Carlos (now San Carlos has 1 more on the market.)   Even the tiny, tony town of Woodside has a larger inventory (54) than does San Carlos (45).  But we’re only a week from Labor Day, which marks the beginning of the traditional fall market, so I expect there will be an uptick in listings in the next week or so.   (Stay tuned to the site for a announcement to this effect later in the week.)

Here’s a quick snapshot of the inventory of San Carlos single family homes as of 8-27-2011:

Inventory 8-27-11 Prior Week
Active Listings 45 47 (-4.3%)
Average Price of Active Listings $1,000,946 $1,017,234 (-1.6%)
Average DOM of Active Listings 76 73
No. of Homes Pending Sale 44 45 (-2.2%)
Ratio of Active:Pending 1.0 : 1 1.0 : 1

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:

1385 Cedar Street, San Carlos
1385 Cedar Street, 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
1385 Cedar Street
$1,370,000 $1,395,000 -$25,000 (-1.8%) 1
700 Knoll Drive $1,170,000 $1,245,000 -$75,000 (-6.0%) 215
22 Primrose Lane $875,000 $949,000 -$74,000 (-7.8%) 29
286 Chestnut Street
$775,100 $775,900 -74,250 (-0.1%) 23
80 Hilltop Drive
$750,750 $825,000 -74,250 (-9.0%) 43
885 Sunset Drive
$720,000 $999,999 -$279,999 (-28%) 414

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

Closed Sales Stats 8-27-11 Prior Week
# Closed Sales 6 4
# of Sales Below List (% of total) 6 (100%) 0 (0%)
SP/Orig List % 91.5% 103%
Average DOM of Closed Sales 121 6

(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
1365 Elm Street 13 $1,595,000
204 Devonshire Boulevard
73 $1,499,000
1472 Cordilleras Avenue
7 $979,000
260 Fir Street
31 $679,000
1100 Cedar Street
9 $649,000

(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.

14 Estates Court, San Carlos
14 Estates Court, 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
14 Estates Court
$1,125,000 4BR/2BA 2,320/12,240 Carrie Du Bois, Coldwell Banker
1492 Walnut Street $979,000 4BR/1.5BA 1,790/6,000 Steve Ehlers, Today Sothebys
309 Emerald Avenue $968,000 3BR/2BA 1,630/6,270 Janet Davis, Hometown Realty
9 Cambridge Avenue $929,000 3BR/2BA 1,450/4,095 Vincent Armando, Armando Investment

(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
$- $- -$

(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)
3341 Brittan Avenue #9 36

(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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