The San Carlos Real Estate Week in Review: 1-28-12.

San Carlos Real Estate Summary.

It's kind of rare to have a week where not a single home closes escrow in the entire city.  But if that's going to happen, it will usually be in January, late summer, or sometime in December.  And it looks like this was just that kind of week, because nothing closed!  Buyers stayed active however, taking 4 of the available homes off the market.   And the 5 new listings that made their debut this week pushed the inventory back up to 30 homes — which is still only about 50% (or less) of what you would expect to see at the peak of a normal spring market.

On the note of inventory, I'll have a specific post later this week about the inventory outlook for San Carlos in 2012. In the meantime, here are the numbers for this past week…

By The Numbers.

Below is a high-level snapshot of the market performance for single-family residences in San Carlos. This data is for the week ending 1-28-2012:

San Carlos Housing Data	1-28-12	Prior Week
Inventory of Active Listings:	30	29 (+3.4%)
Average Price of Active Listings:	$965,962	$951,909 (+1.5%)
Average DOM of Active Listings:	113	122
Homes Pending Sale:	29	27 (+7%)
Active-Pending Ratio:	1.0 : 1	1.1 : 1
Closed Sales for the Week:	0	4
Average Sold Price	$0	$861,750
Sold Price vs Orig List (%)	0%	102%
Average DOM of Closed Sales	0	28

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
—	$	$	—	—

(Click the “Homes Sold” sign 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
2760 Debbie Court	14	$1,099,000
52 Roslyn Avenue	6	$865,000
338 Hill Way	60	$1,349,000
1006 Alameda	15	$435,000

(Click the “Homes Pending Sale” sign 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
411 Hill Way	$1,149,000	4BR/3BA	2,200/5,000	Maxine Dumas, Dumas & Company
93 Hilltop Drive	$1,049,000	3BR/2BA	1,690/8,800	Lottie Kendall, Today Sothebys
173 Cedar Street	$1,035,000	4BR/2.5BA	2,500/5,700	Nancy Fang, Alain Pinel Realtors
1425 Belmont Avenue	$965,000	3BR/2BA	1,540/6,380	David Young, Coldwell Banker
2728 Brittan Avenue	$875,000	3BR/2BA	1,360/11,000	Val Vandervort, Coldwell Banker

(Click the “Homes For Sale” sign below to see ALL of the homes currently for Sale in San Carlos.)

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What's Open This Weekend?

Click the “Open House” sign below 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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