San Carlos Real Estate Agent, San Carlos Realtor The San Carlos Real Estate Week in Review: 10-15-11. | The White Oaks Blog

The San Carlos Real Estate Week in Review: 10-15-11.

by Chuck Gillooley

San Carlos Real Estate Summary.

If you doubt the strength of the San Carlos real estate market, do so at your own peril.  This past week reminded all of us that the market for certain homes is still very hot, even this late in the year.   This past week, the homes at 1832 Chestnut Street, 2072 Arroyo Avenue, and 1020 Crestview Drive all sold with multiple offers in only their first week on the market!    If you happen to be in the market for a nice 3BR home in San Carlos, this should serve as a reminder that you’ve got to stay on top of the listings as they come up, and be prepared to move quickly and decisively in this market.   As the events of the past few weeks have show, there’s still more competition than there are available homes.

Here’s a quick snapshot of the inventory of San Carlos single family homes as of 10-15-2011:

Inventory 10-15-11 Prior Week
Active Listings 46 48 (-4.2%)
Average Price of Active Listings $971,336 $966,655 (+0.5%)
Average DOM of Active Listings 64 64
No. of Homes Pending Sale 38 39 (-2.6%)
Active:Pending Ratio
1.2 : 1 1.2 : 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:

1912 Howard Avenue, San Carlos
1912 Howard Avenue, 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
2246 Carmelita Drive $1,550,000 $1,528,000 +$22,000 (+1.4%) 13
204 Devonshire Boulevard
$1,370,000 $1,698,000 -$328,000 (-19.3%) 87
141 Exeter Avenue $1,175,000 $1,248,000 -$73,000 (-5.8%) 16
3101 Brittan Avenue $1,100,000 $1,048,000 +$52,000 (+5.0%) 15
1912 Howard Avenue $988,000 $949,999 +$38,001 (+4.0%) 8
309 Emerald Avenue
$930,000 $968,000 -$38,000 (-3.9%) 19
3191 Brittan Avenue $925,000 $899,000 +$26,000 (+2.9%) 6
2100 Eaton Avenue $904,000 $895,000 +$9,000 (+1.0%) 7
1480 Cordilleras Avenue $875,000 $875,000 $0 (0%) 9

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

Closed Sales Stats 10-15-11 Prior Week
# Closed Sales 9 5
# of Sales Below List (% of total) 3 (33%) 4 (80%)
SP/Orig List % 97% 90%
Average DOM of Closed Sales 20 76

(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
3 Plymouth Avenue
104 $699,000
1464 Oakhurst Avenue
29 $820,000
959 Holly Street
150 $495,000
1020 Crestview Drive
6 $979,000
1492 Walnut Street 49 $929,000
349 Hill Way
135 $929,000
1832 Chestnut Street 7 $958,000
2072 Arroyo Avenue
8 $962,000

(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.

934 Woodland Avenue, San Carlos
934 Woodland 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
934 Woodland Avenue
$1,315,000 3BR/2BA 2,030/9,460 David Young, Coldwell Banker
3261 Melendy Drive
$1,249,950 4BR/2.5BA 3,070/8,450 Dave Blewett, Intero
1265 Eaton Avenue
$998,000 3BR/2.5BA 1,470/7,000 John Reese, Intero
1125 Rosewood Avenue $879,000 3BR/2BA 1,430/4,800 Justine Ford, Today Sothebys
940 Tamarack Avenue $780,000 3BR/1BA 1,240/5,720 Shahla Piff, Century 21
327 Fairfield Drive $399,000 2BR/1BA 820/5,000 Vince Cardinale, Intero

(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
3366 La Mesa Drive #1 $390,000 $395,000 -$5,000 (-1.3%)
7

(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)
1001 Laurel Street #213 53

(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
618 Walnut Street #301
$598,000 2BR/2BA 1,258 Howard Clark, Dumas & Company
2987 Melendy Drive #1 $499,000 2BR/1BA 1,570 David Young, 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)

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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