The San Carlos Real Estate Week in Review: 10-29-11.

October 31, 2011

1386-Chestnut-Street

San Carlos Real Estate Summary.

The last full week of October finished fairly strong, with 4 listings finding new buyers.  The large number of sold homes (10) simply reflects the very strong sales environment that we enjoyed in the month of September.  Last month tied for the second-highest month of pending sales (along with May and June) since 2007.  You can expect to see a few more weeks of big numbers in that section of the review as the homes that were purchased in September close escrow.

Low interest rates are keeping the buyers out there on the hunt, even if there are only 45 homes to choose from in all of San Carlos.

Here's a quick snapshot of the inventory of San Carlos single family homes as of 10-29-2011:

Inventory 10-29-11 Prior Week
Active Listings 45 47 (-4.3%)
Average Price of Active Listings $969,688 $950,793 (+2.0%)
Average DOM of Active Listings 63 71
No. of Homes Pending Sale 32 37 (-13.5%)
Active:Pending Ratio
1.4 : 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:

1386 Chestnut Street, San Carlos

1386 Chestnut Street, 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
1386 Chestnut Street
$1,600,000 $1,595,000 +$5,000 (+0.3%) 14
2725 Clifford Avenue $1,185,000 $1,129,000 +$56,000 (+5.0%) 9
880 Crestview Drive $1,025,000 $1,159,000 -$134,000 (-11.6%) 114
300 Clifton Avenue
$1,015,000 $1,198,000 -$183,000 (-15.7%) 107
112 Windsor Drive $943,800 $925,000 +$18,800 (+2.0%) 10
985 McCue Avenue $805,300 $810,000 -$4,700 (-0.6%) 7
2696 San Carlos Avenue $669,000 $679,000 -$10,000 (-1.5%) 15
272 Fir Street
$615,000 $615,000 $0 (0.0%) 0
967 Hall Street $500,000 $680,000 -$180,000 (-26.4%) 350
1021 Holly Street
$444,000 $599,000 -$155,000 (-25.9%) 176

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

Closed Sales Stats 10-29-11 Prior Week
# Closed Sales 10 5
# of Sales Below List (% of total) 6 (60%) 2 (40%)
SP/Orig List % 94% 99%
Average DOM of Closed Sales  63 45

(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
940 Tamarack Avenue
14 $780,000
130 Oakview Drive
57 $649,000
1010 Crestview Drive
221 $999,000
131 Northam Avenue
7 $949,000

(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:

112 Baytree Road, San Carlos

112 Baytree Road, 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
112 Baytree Road
$1,250,000 4BR/2BA 2,300/5,250 Karon Knox, Prudential
10 Granite Court
$1,198,000 3BR/2BA 2,050/7,080 Faye Weng, Alain Pinel Realtors
1028 Hewitt Drive
$1,050,000 3BR/2BA 1,900/8,400 Lauson Fargher, Realcom Associates
732 Cedar Street
$690,000 2BR/1BA 1,210/8,400 Carol Pefley, Realty World
399 Winding Way
$624,500 2BR/1BA 780/16,000 Alipate Sanft, SC Properties

(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)
1001 Laurel Street #218 67

(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
3357 Brittan Avenue #12
$529,000 3BR/2BA 1,239 Sean Clar, RE/MAX

(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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