The San Carlos Real Estate Week in Review: 4-21-12.

April 22, 2012

308-Chesham-Avenue

San Carlos Real Estate Summary.

Home buyers in San Carlos got a rare treat this past week — there were actually more new listings to hit the market than there were pending sales, by a margin of over 2:1.    That means the inventory got a badly needed boost (to the tune of +45%), and buyers now have more than a few options to look at this weekend.  While the inventory is still an an unseasonably low of 29, it's a welcome relief from being stuck in the teens.  Let's hope this trend continues in the coming weeks, because there are more than enough buyers to handle any surge in inventory right now.

Here are the numbers for the 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 4-21-2012:

San Carlos Housing Data 4-21-12 Prior Week
Closed Sales for the Week:
15 8
Average Sold Price
$1,025,707 $856,053 (+20%)
Average $/Sq Foot
$535 $582
Sold Price vs Orig List (%) 99% 98%
Average DOM of Closed Sales 21 104
No. of Homes Pending Sale: 46 58
Inventory of Active Listings:
29 20 (+45%)
Average Price of Active Listings: $1,333,334 $1,613,602 (-17.4%)
Average DOM of Active Listings: 24 26
Active-Pending Ratio:
0.63 : 1 0.34 : 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:

228 Queens Court, San Carlos

228 Queens Court, 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
228 Queens Court
$2,575,000 $2,645,000 -$70,000 (-2.6%)
14
244 Exeter Avenue
$1,550,000 $1,539,950 +$10,050 (+0.6%)
9
168 Madera Avenue
$1,125,000 $1,199,000 -$74,000 (-6.2%)
23
142 Coronado Avenue $1,088,000 $1,169,000 -$81,000 (-6.9%)
15
1357 Woodland Avenue $1,060,000 $968,000 +$92,000 (+9.5%)
10
441 Emerald Avenue $1,000,100 $969,000 +$31,100 (+3.2%)
6
664 Chestnut Street
$905,000 $850,000 +$55,000 (+6.5%)
7
635 Park Avenue
$880,000 $880,000 $0 (0%)
0
1 Maple Way
$875,000 $895,000 -$20,000 (-2.2%)
19
530 Walnut Street
$872,500 $995,000 -$122,500 (-12.3%)
139
128 Beverly Drive
$830,000 $849,000 -$19,000 (-2.2%)
6
15 Pine Avenue
$740,000 $799,000 -$59,000 (-7.4%)
30
850 Orange Avenue $640,000 $629,000 +$11,000 (+1.7%)
12
145 Wildwood Avenue
$680,000 $695,000 -$15,000 (-2.2%)
20
154 Fairbanks Avenue
$565,000 $499,000 +$66,000 (+13.2%)
11

Note:  The sold data provided above is strictly for informational purposes only, and should not imply that the author was involved in either side of the transaction.

(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
79 Hilltop Drive
6 $1,050,000
2054 Saint Francis Way
10 $2,599,000
248 Bayview Drive
1 $1,400,000
1464 Cordilleras Avenue
9 $713,300

Note:  The pending data provided above is strictly for informational purposes only, and should not imply that the author was involved in either side of the transaction.

(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:

308 Chesham Avenue, San Carlos

308 Chesham 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
308 Chesham Avenue $1,550,000 3BR/2.5BA 2,385/5,662 Debbie Wilhelm, Coldwell Banker
316 Chesham Avenue $1,195,000 3BR/2.5BA 2,100/9,148 Bob Bredel, Today Sothebys
244 Highland Avenue $1,049,000 4BR/3BA 1,826/6,600 Nick Delis, KW
1265 Eaton Avenue $998,000 3BR/2BA 1,470/7,000 John Reese, Intero
15 Anchor Lane $929,000 4BR/3BA 2,340/7,500 Eddie Azzopardi, Realty World
112 Brook Street $700,000 3BR/2BA 1,550/6,000 Dee Edmonds, Coldwell Banker
398 Cedar Street $699,000 3BR/2BA 1,770/11,830 Juan Ibarra, Referral City
1371 Orange Avenue $679,000 2BR/1BA 790/3,500 John Fyten, Coldwell Banker
315 Old County Road $638,000 2BR/1BA 1,020/5,000 Abe Matar, Landmark
924 Montgomery Street $525,000 2BR/1BA 950/5,000 Daniel Dimas

(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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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)
3364 La Mesa Drive #7
11

(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
2 Geranium Lane
$869,000 2BR/2.5BA 2,260 Carol Li, Alain Pinel Realtors
3 Torino Lane
$695,000 2BR/2.5BA 1,530 Kristin Jaeb, Jaeb Real Estate
1 Lilly Lane
$620,000 2BR/2.5BA 1,793 Gail Rossetti, Rossetti Realty
3356 La Mesa Drive #5
$549,000 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” 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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