The San Carlos Real Estate Week in Review: 2-18-12.

February 19, 2012

1955-Carmelita-Drive

San Carlos Real Estate Summary.

The Spring real estate market jumped to life this past week in San Carlos.    Buyers snapped up 10 homes during the week, and there were 6 new listings to complement several homes that were making a repeat visit to the active list.    This balance of pending sales and active listings kept the inventory almost unchanged, which is still unusually low for this time of year.

The good news is that new listings are starting to spring up (no pun intended), which should give frustrated buyers a bit more choice to find the right place.

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 2-18-2012:

San Carlos Housing Data 2-18-12 Prior Week
Closed Sales for the Week:
3 5
Average Sold Price
$825,000 $848,100 (-2.7%)
Average $/Sq Foot
$437 $487
Sold Price vs Orig List (%) 89% 91%
Average DOM of Closed Sales 113 73
Inventory of Active Listings:
27 26 (+3.8%)
Average Price of Active Listings: $977,222 $1,031,255 (-5.2%)
Average DOM of Active Listings: 79 95
No. of Homes Pending Sale: 36 32
Active-Pending Ratio:
0.8 : 1 0.8 : 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:

149 Crestview Drive, 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
149 Crestview Drive
$1,190,000 $1,398,000 -$208,000 (-14.9%)
261
68 Fay Avenue
$570,000 $639,900 -$69,900 (-10.9%)
78
379 De Anza Avenue
$715,000 $749,000 -$34,000 (-4.5%)
1

(Click the “Homes Sold” sign 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
1119 Alameda
48 $749,950
142 Coronado Avenue
15 $1,169,000
919 Woodland Avenue
7 $699,000
3024 Brittan Avenue 218 $788,000
1322 White Oak Way 192 $1,435,000
1029 Elm Street 47 $1,268,888
18 Maple Way
107 $822,000
1944 Arroyo Avenue
0 $869,000
18 Maple Way 107 $822,000
168 Mesa Verde Way 7 $1,598,000

(Click the “Homes Pending Sale” sign 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:

1955 Carmelita Drive, San Carlos

1955 Carmelita Drive, 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
1955 Carmelita Drive $2,800,000 4BR/4.5BA 3,521/15,450 David Young, Coldwell Banker
339 Chesham Avenue $949,000 3BR/2BA 1,450/5,250 Tim Earley, Coldwell Banker
15 Pine Avenue $799,000 2BR/1BA 1,220/5,500 Rich Sequeira, Alain Pinel Realtors
9 Robin Way $797,000 4BR/2BA 1,660/5,000 Tim McKeegan, Terrace Realty
1195 Elm Street $625,000 2BR/1BA 1,220/4,400 Maya Sewald, Coldwell Banker
154 Fairbanks Avenue $499,000 3BR/2BA 1,090/6,696 Dan McLean, Coldwell Banker

(Click the “Homes For Sale” sign 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” sign below 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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