The San Carlos Real Estate Week in Review: 10-1-11.
October 3, 2011
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:
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.)
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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 |
---|---|---|
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.)
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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 |
---|---|---|---|---|
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.)
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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 |
---|---|---|---|---|
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)
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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)
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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 |
---|---|---|---|---|
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)
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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.
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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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[…] –Realtor Chuck Gillooley writes about the current challenge of selling condos and townhouses in San Carlos at The White Oaks Blog; […]