San Carlos Real Estate Agent, San Carlos Realtor The San Carlos Real Estate Week in Review: 12-17-11. | The White Oaks Blog

The San Carlos Real Estate Week in Review: 12-17-11.

by Chuck Gillooley

San Carlos Real Estate Summary.

As I predicted last week, the number of listings in San Carlos did indeed drop —  to a low of 32.   It will likely fluctuate around the low 30’s until the market starts up again in the new year.  Buying activity was surprisingly strong, with 4 homes going into contract.  And some of the hotter fall issues closed escrow this past week.   The homes that sold at 112 Baytree Road, 131 Northam Avenue, and 387 Elm Street all fetched nice premiums over their listed prices.

Here’s a quick snapshot of the inventory of San Carlos single family homes as of 12-17-2011:

Inventory 12-17-11 Prior Week
Active Listings 34 35 (-2.9%)
Average Price of Active Listings $989,914 $965,630 (+2.5%)
Average DOM of Active Listings 102 85
No. of Homes Pending Sale 29 30
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:

112 Baytree Road, San Carlos
112 Baytree Road, 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
112 Baytree Road $1,291,000 $1,250,000 +$41,000 (+3.3%) 9
3261 Melendy Drive
$1,200,000 $1,224,950 -$24,950 (-2.0%) 35
387 Elm Street $1,185,000 $1,089,000 +$96,000 (+8.8%) 5
131 Northam Avenue
$1,000,000 $949,000 +$51,000 (+5.4%) 7
428 Sycamore Street
$660,000 $769,000 -$109,000 (-14.2%) 41

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

Closed Sales Stats 12-17-11 Prior Week
# Closed Sales 5 2
# of Sales Below List (% of total) 2 (40%) 2 (100%)
Sold Price vs Orig List (%) 101% 93%
Average DOM of Closed Sales 19 47

(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
735 Orange Avenue 26 $799,000
1040 San Remo Way 11 $998,000
143 Ruby Avenue 17 $799,000
1334 Cordilleras Avenue 23 $738,000

(Click the “Homes Pending Sale” button below to see ALL the homes that are Pending Sale in San Carlos.)

Homes Pending Sale in San Carlos

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New Single-Family Home Listings in San Carlos:

890 Hemlock Street, San Carlos
890 Hemlock Street, 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
890 Hemlock Street
$930,000 3BR/1BA 1,430/13,800 Mike Boos, Alain Pinel Realtors
10 Molton Avenue
$699,000 3BR/2BA 1,330/7,772 John Shroyer, Today Sothebys

(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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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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Want Your Info Sooner?

I post sales data as it happens — just click on the buttons below to follow the White Oaks Blog on Twitter and the White Oaks Blog Page on Facebook

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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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