San Carlos Real Estate Agent, San Carlos Realtor The San Carlos Real Estate Week in Review: 9-24-11. | The White Oaks Blog

The San Carlos Real Estate Week in Review: 9-24-11.

by Chuck Gillooley

San Carlos Real Estate Summary.

The numbers may not show it, but it was another brisk week for San Carlos real estate.  It seemed as is there was a momentary pause in the buying activity for about 4-5 days as buyers tried to digest the surge of new listings that came on the market immediately after Labor Day weekend.  But the market seems to be surging forward again.   There are some great options for buyers in this market below the $900K mark, but they won’t be around forever.

Here’s a quick snapshot of the inventory of San Carlos single family homes as of 9-24-2011:

Inventory 9-24-11 Prior Week
Active Listings 50 54 (-7.4%)
Average Price of Active Listings $1,035,591 $999,499 (+3.6%)
Average DOM of Active Listings 71 67
No. of Homes Pending Sale 39 38 (+2.6%)
Ratio of Active:Pending 1.3 : 1 1.4 : 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:

20 Pepper Lane, San Carlos
20 Pepper Lane, San Carlos

Below is a list of the single-family home contracts that closed escrow this past week in San Carlos. Click on the address of each to see the complete details.

Address Sold Price Orig. List Difference DOM
20 Pepper Lane $870,000 $875,000 -$5,000 (-0.6%) 9
742 Cordilleras Avenue $840,000 $939,950 -$99,950 (-10.6%) 101
2916 Sherwood Drive $827,500 $900,000 -$72,500 (-8.1%) 42
2008 Greenwood Avenue $661,000 $632,000 +$29,000 (+4.6%) 7
1968 Birch Avenue $650,000 $699,000 -$49,000 (-7.0%) 71

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

Closed Sales Stats 9-24-11 Prior Week
# Closed Sales 5 9
# of Sales Below List (% of total) 4 (80%) 5 (83%)
SP/Orig List % 95% 94%
Average DOM of Closed Sales 46 82

(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 any of these homes for additional info:

Address DOM (days) List Price
1386 Chestnut Street
14 $1,595,000
1306 Cordilleras Avenue
12 $715,000
3181 La Mesa Drive
13 $897,000
112 Windsor Drive
10 $925,000
985 McCue Avenue 7 $810,000

(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.

11 El Sereno, San Carlos
11 El Sereno, 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
11 El Sereno $1,495,000 4BR/3BA 2,140/11,000 Janet Davis, Hometown Realty
1905 Cedar Street $1,399,950 3BR/2BA 2,912/6,441 Dave Blewett, Intero
875 Sunset Drive
$1,089,000 3BR/2.5BA 1,730/10,900 Mark Scafine, SC Properties
2056 Arroyo Avenue $859,900 3BR/1BA 1,290/5,000 Bob Bredel, Today Sothebys
1426 Cordilleras Avenue $649,000 3BR/1.5BA 1,240/4,400 Maria Neal, In-House Industries

(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
3338 La Mesa Drive #6 $447,000 $459,000 -$12,000 (-2.6%)
170
3375 Brittan Avenue #7 $450,000 $520,000 -$70,000 (-13.5%)
95
2 Elm Street #300 $354,000 $349,000 +$5,000 (+1.4%)
16

(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)
1 Bluebell Lane 95

(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
12 Calypso Lane
$649,888 3BR/2.5BA 1,709 Andrea Hesselein, Alain Pinel Realtors

(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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Comments 3
  • Chuck –

    What is up with 1426 Cordilleras? Why is the ask so low, especially since the the homes right across the street sold so quickly?

    Fred

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  • when there are no online pictures of the granite kitchen (or ANY of the interior) and the county record says it’s a 2 bedroom, chances are the garage is converted and the inside is a mess. Plus, by the looks of the ac unit in the window out back, I will bet it is/was a rental or just neglected and in serious need of renovation. Plus only a 4400 sf lot.

    I think you have your answer; priced to sell.

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