San Carlos Real Estate Agent, San Carlos Realtor The San Carlos Real Estate Week in Review: 10-1-11. | The White Oaks Blog

The San Carlos Real Estate Week in Review: 10-1-11.

by Chuck Gillooley

San Carlos Real Estate Summary.

It’s a little rare to see so much activity in the townhouse/condo market in San Carlos, but during this past week that sub-segment of the real estate market was pretty busy.  But the stats below show how tough the economy has been on condos — take a look at the discounts that the sellers had to take to get their unit into contract, and also how long some of these units sat on the market before they sold.   While single-family residences in San Carlos have weathered the downturn remarkably well, the same can’t be said for townhouses and condos.  The bright side? People seem to be stepping to the plate and buying — 5 went into contract just this past week alone.

Here’s a quick snapshot of the inventory of San Carlos single family homes as of 10-1-2011:

Inventory 10-1-11 Prior Week
Active Listings 47 50 (-6.0%)
Average Price of Active Listings $1,033,606 $1,035,591 (-0.2%)
Average DOM of Active Listings 65 71
No. of Homes Pending Sale 40 39 (+2.6%)
Active:Pending Ratio
1.2 : 1 1.3 : 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:

19 Anchor Lane, San Carlos
19 Anchor 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
19 Anchor Lane $1,050,000 $1,299,000 -$249,000 (-19.2%) 94
1472 Cordilleras Avenue $1,000,000 $979,000 +$21,000 (+2.1%) 7
1100 Cedar Street
$660,000 $649,000 +$11,000 (+1.7%) 9
2096 Birch Avenue $571,000 $629,000 -$49,000 (-9.2%) 117

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

Closed Sales Stats 10-1-11 Prior Week
# Closed Sales 4 5
# of Sales Below List (% of total) 2 (50%) 4 (80%)
SP/Orig List % 92% 95%
Average DOM of Closed Sales 57 46

(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

___________________________________________________________________

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
141 Exeter Avenue
16 $1,248,000
258 Cedar Street
17 $699,000
2696 San Carlos Avenue
15 $679,000
416 Winding Way
199 $650,000
2056 Arroyo Avenue 3 $859,900
880 Crestview Drive 114 $1,065,000
875 Sunset Drive 9 $1,089,000
46 Maple Way 7 $799,000
149 Crestview Drive 154 $1,198,000

(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.

121 Plymouth Avenue, San Carlos
121 Plymouth 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
121 Plymouth Avenue
$1,599,000 4BR/3.5BA 2,690/6,300 Donna Colangelo, Intero
162 Rockridge Road
$1,575,000 4BR/3BA 2,700/6,900 John Shroyer, Today Sothebys
2740 Victoria Manor
$1,049,000 4BR/2BA 2,040/12,700 Shary & Scott, Alain Pinel Realtors
379 De Anza Avenue $775,000 3BR/2BA 1,610/5,360 Val Vandervort, Coldwell Banker
145 Wildwood Avenue $699,000 2BR/1BA 970/4,000 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

___________________________________________________________________

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
4 Sorrel Lane $665,000 $699,000 -$34,000 (-4.9%)
145
432 Portofino Drive #404 $599,000 $599,000 $0 (0%)
14
3003 Melendy Drive #3 $502,000 $559,000 -$57,000 (-10.2%) 371
633 Elm Street #116 $395,000 $439,900 -$44,900 (-10.2%) 51
3315 La Mesa Drive #1 $380,000 $399,000 -$19,000 (-4.8%) 217
728 Elm Street #303 $315,000 $329,000 -$14,000 (-4.3%) 171
728 Elm Street #301 $305,000 $375,000 -$70,000 (-18.7%) 208
1700 San Carlos Avenue #202 $230,000 $379,000 -$149,000 (-39.3%) 351

(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

___________________________________________________________________

Condo/Townhouse Pending Sales in San Carlos

The following condos/townhouses are now pending sale:

Address DOM (days)
757 Elm Street #5 86
10 Geranium Lane 10
3324 Brittan Avenue #6 68
1700 San Carlos Avenue #203 499
3322 Brittan Avenue #4 6

(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

___________________________________________________________________

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
7 Mayflower Lane $849,000 3BR/2.5BA 2,100 Susan Michal, Coldwell Banker
1700 San Carlos Avenue #301 $849,000 2BR/2.5BA 3,000 Kristen Jaeb, Jaeb Real Estate
416 Portofino Drive #202 $559,900 2BR/2.5BA 1,310 Bob Nastasi, A to B Realty

(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

___________________________________________________________________

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

___________________________________________________________________

Want Your Data Sooner?

Follow the White Oaks Blog on Twitter where I post San Carlos home sales updates as they happen. Just click on the Twitter button below.

The White Oaks Blog on Twitter

Interested in more information on San Carlos? Become a fan of the White Oaks Blog Page on Facebook . Just click on the Facebook button below.

The White Oaks Blog on Facebook

———————————————-

(The “San Carlos Week in Review” series is a summary of new listings and home sales in San Carlos for the prior week.)

———————————————

__________________________________________________________________

Welcome to to the White Oaks Blog — the most widely read blog dedicated to the San Carlos real estate market! Have blog updates sent to you automatically by subscribing for free by clicking here. Be sure to follow the White Oaks Blog on Facebook at https://Facebook.com/WhiteOaksBlog , and on Twitter @WhiteOaksBlog.
Don’t miss a single update!
_____________________________________________________________________________

GD Star Rating
loading...
GD Star Rating
loading...
Comments 1
Leave a comment