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The San Carlos Real Estate Week in Review: 12/4/10

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Summary.

The “5′s” have it this week:   5 new listings, and 5 homes went into contract.   So it’s no surprise that the inventory stayed steady right at 54 active listings.  Still, not bad considering we’re squarely in December now.   Buyers are still out in good numbers looking to lock in a home before rates start to creep upward.

I’m adding a new feature to the report this week:  The San Carlos Market Report.   It’s a concise, single-page report that’s compiled each week for APR by Altos Research.  If you’re familiar with their style of report, you know their very numbers-driven.   Each week’s report will be available for download in the next section.  I hope you find the information useful.

San Carlos Market Report.

Click here for this week’s edition of the Market Report:     The San Carlos Market Report 12-4-10

Open House?

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 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.

Here’s a snapshot of the San Carlos single family home market, as of 12/4/2010. The previous week’s stats are in parentheses:

Price Range Active Pending Ratio
< $1M 28 (27) 22 (25) 1.3 : 1 (1.1 : 1)
$1M –$1.5M 22 (21) 9 (8) 2.4 : 1 (2.6 : 1)
>$1.5M 4 (6) 1 (1) 4 : 1 (6 : 1)
Total 54 (54) 32 (34) 1.7 : 1 (1.6 : 1)

>>> Click Here to Read the Full Post
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Are you ready to step up to the most comprehensive data available about the San Carlos Real Estate market? Then subscribe to the White Oaks Blog for free by clicking here. Be sure to follow the White Oaks Blog on Facebook at https://Facebook.com/WhiteOaksBlog , and on Twitter @WhiteOaksBlog.
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The San Carlos Real Estate Week in Review: 11/27/10

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Inventory Analysis.

Activity was a little lighter due to the holiday schedule.   Still, 4 homes went into contract during the abbreviated week which pulled the inventory of active homes all the way down to 54 homes.   And this number will likely continue to drop a little bit more as move through December, since fewer sellers will put their home on the market for the first time in December.  With interest rates starting to wiggle upwards last week,  serious buyers will remain busy through the holidays.

Open House?

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 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.

Here’s a snapshot of the San Carlos single family home market, as of 11/27. The previous week’s stats are in parentheses:

Price Range Active Pending Ratio
< $1M 27 (31) 25 (23) 1.1 : 1 (1.3 : 1)
$1M –$1.5M 21 (21) 8 (9) 2.6 : 1 (2.3 : 1)
>$1.5M 6 (6) 1 (2) 6 : 1 (3 : 1)
Total 54 (58) 34 (34) 1.6 : 1 (1.7 : 1)

Single-Family Homes Sold in San Carlos:

213 Wellington Drive, San Carlos

213 Wellington Drive, San Carlos

Below is a list of the single-family homes that sold this past week in San Carlos. Click on the address of each to see the complete details.

Address Sold Price Orig. List Difference DOM
213 Wellington Drive
$1,500,000 $1,985,000 $485,000 (-24.4%) 178
2829 Tramanto Drive
$1,050,667 $1,198,895 $148,228 (-12.4%) 40
1619 Gover Lane $1,005,000 $1,049,000 $44,000 (-4.2%) 10
576 Dartmouth Avenue
$710,000 $719,950 $9,950 (-1.4%) 48
1190 Alameda de las Pulgas
$650,000 $749,000 $99,000 (-13.2%) 44

(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

>>> Click Here to Read the Full Post
_____________________________________________________________________________

Are you ready to step up to the most comprehensive data available about the San Carlos Real Estate market? Then subscribe to the White Oaks Blog for free by clicking here. Be sure to follow the White Oaks Blog on Facebook at https://Facebook.com/WhiteOaksBlog , and on Twitter @WhiteOaksBlog.
Get the best coverage on the San Carlos real estate market delivered right to you!
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The San Carlos Real Estate Week in Review: 11/20/10

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Inventory Analysis.

Inventory dropped to below 60 for the first time in many weeks.  Between six homes being purchased the past week and a few listings that were pulled back off the market, we’re down to 58 homes on the active list.  With a short holiday week ahead, I don’t expect that the numbers will change much in the next report.   But I do expect that this holiday season (Thanksgiving — New Year’s) will be busier than what we’ve seen in the past.   Some sellers who at this point in the year would normally just wait until the spring buying season to list their home either aren’t waiting, or can’t afford to wait.   And we all know the buyers are still out there.  I think December activity will be a pleasant surprise.

Open House?

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 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.

Here’s a snapshot of the San Carlos single family home market, as of 11/20. The previous week’s stats are in parentheses:

Price Range Active Pending Ratio
< $1M 31 (39) 23 (20) 1.3 : 1 (2.1 : 1)
$1M –$1.5M 21 (22) 9 (9) 2.3 : 1 (2.4 : 1)
>$1.5M 6 (6) 2 (2) 3 : 1 (3 : 1)
Total 58 (67) 34 (31) 1.7 : 1 (2.2 : 1)

Single-Family Homes Sold in San Carlos:

760 Crestview Drive, San Carlos

760 Crestview Drive, San Carlos

Below is a list of the single-family homes that sold this past week in San Carlos. Click on the address of each to see the complete details.

Address Sold Price Orig. List Difference DOM
760 Crestview Drive
$1,325,000 $1,425,000 $100,000 (-7.0%) 21
232 Oakview Drive
$1,135,000 $1,225,000 $90,000 (-7.3%) 10
130 Valley Road $867,000 $859,000 $8,000 (+1.0%) 5
49 Fay Avenue
$763,000 $789,000 $26,000 (-3.3%) 21
2694 Thornhill Drive
$745,000 $759,000 $14,000 (-1.8%) 190
8 Ensenada Road
$732,500 $795,000 $62,500 (-7.9%) 33

(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

>>> Click Here to Read the Full Post
_____________________________________________________________________________

Are you ready to step up to the most comprehensive data available about the San Carlos Real Estate market? Then subscribe to the White Oaks Blog for free by clicking here. Be sure to follow the White Oaks Blog on Facebook at https://Facebook.com/WhiteOaksBlog , and on Twitter @WhiteOaksBlog.
Get the best coverage on the San Carlos real estate market delivered right to you!
_____________________________________________________________________________

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The San Carlos Real Estate Week in Review: 11/13/10

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Inventory Analysis.

The buyers in San Carlos really stepped up the pace this week, snapping up eight homes since Sunday.   And with only three new listings on the market, that disparity dropped the inventory nearly 10%, down to 61 homes for sale.  Two of those eight were gone within the first week — so buyers are still out there, and they’re moving decisively…when they find what they want.  That should be encouraging news for sellers as we inch closer to the holidays.

Open House?

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 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.

Here’s a snapshot of the San Carlos single family home market, as of 11/13. The previous week’s stats are in parentheses:

Price Range Active Pending Ratio
< $1M 34 (39) 24 (20) 1.4 : 1 (2.1 : 1)
$1M –$1.5M 21 (22) 9 (9) 2.3 : 1 (2.4 : 1)
>$1.5M 6 (6) 2 (2) 3 : 1 (3 : 1)
Total 61 (67) 31 (31) 2.0 : 1 (2.2 : 1)

Single-Family Homes Sold in San Carlos:

609 De Anza Avenue, San Carlos

609 De Anza Avenue, San Carlos

Below is a list of the single-family homes that sold this past week in San Carlos. Click on the address of each to see the complete details.

Address Sold Price Orig. List Difference DOM
609 De Anza Avenue
$1,300,000 $1,450,000 $150,000 (-10.3%) 117
3366 Melendy Drive $1,100,000 $1,235,000 $135,000 (-10.9%) 77
622 Alameda de las Pulgas
$805,000 $849,000 $44,000 (-5.2%) 22
790 Buckland Avenue
$740,000 $889,900 $149,900 (-17%) 122

(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

>>> Click Here to Read the Full Post
_____________________________________________________________________________

Are you ready to step up to the most comprehensive data available about the San Carlos Real Estate market? Then subscribe to the White Oaks Blog for free by clicking here. Be sure to follow the White Oaks Blog on Facebook at https://Facebook.com/WhiteOaksBlog , and on Twitter @WhiteOaksBlog.
Get the best coverage on the San Carlos real estate market delivered right to you!
_____________________________________________________________________________

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The San Carlos Real Estate Week in Review: 11/6/10

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Inventory Analysis.

The theme this week was that there was another good, solid push of new listings.   This is especially noteworthy after the flood of new listings the week before, and the fact that we’re knee-deep in November now.   Inventory is back up to 67, and there has been enough churn in the inventory that it will give buyers in all price ranges some new things to look at.   If these past two weeks are any indications, it seems as if activity will remain brisk right up to Thanksgiving… and perhaps beyond?   I guess we’ll have to wait to see.

Open House?

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 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.

Here’s a snapshot of the San Carlos single family home market, as of 11/6. The previous week’s stats are in parentheses:

Price Range Active Pending Ratio
< $1M 39 (37) 20 (23) 2 : 1 (1.6 : 1)
$1M –$1.5M 22 (20) 9 (10) 2.4 : 1 (2.0 : 1)
>$1.5M 6 (7) 2 (1) 3 : 1 (7 : 1)
Total 67 (64) 31 (34) 2.2 : 1 (1.9 : 1)

Single-Family Homes Sold in San Carlos:

10 Loma Lane, San Carlos

10 Loma Lane, San Carlos

Below is a list of the single-family homes that sold this past week in San Carlos. Click on the address of each to see the complete details.

Address Sold Price Orig. List Difference DOM
10 Loma Lane
$1,153,000 $1,218,000 $65,000 (-5.3%) 95
226 Sycamore Street
$1,070,000 $1,273,000 $203,000 (-16%) 76
2056 Eucalyptus Avenue
$1,010,000 $979,000 $31,000 (+3.2%) 4
701 Cordilleras Avenue
$971,000 $929,000 $42,000 (+4.5%) 6
286 Loma Road
$910,000 $1,075,000 $165,000 (-15%) 44
2625 Thornhill Drive
$700,000 $749,000 $49,000 (-6.5%) 187

(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

>>> Click Here to Read the Full Post
_____________________________________________________________________________

Are you ready to step up to the most comprehensive data available about the San Carlos Real Estate market? Then subscribe to the White Oaks Blog for free by clicking here. Be sure to follow the White Oaks Blog on Facebook at https://Facebook.com/WhiteOaksBlog , and on Twitter @WhiteOaksBlog.
Get the best coverage on the San Carlos real estate market delivered right to you!
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The San Carlos Real Estate Week in Review: 10/30/10

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Inventory Analysis.

If you were to only look at the table directly below, you’d swear it was another very quiet week for real estate transactions in San Carlos.  After all, the numbers and ratios hardly changed from the previous week.  But this is a perfect example of how one set of numbers can tell a completely different story from another,  because it was busy this past week — at least by San Carlos standards:  11 new listings, and 8 homes went into contract.   It definitely feels like the push is on to get inventory moving before the holidays, and getting a surge of new inventory is great news for buyers.

Open House?

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 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.

Here’s a snapshot of the San Carlos single family home market, as of 10/30. The previous week’s stats are in parentheses:

Price Range Active Pending Ratio
< $1M 37 (37) 23 (24) 1.6 : 1 (1.5 : 1)
$1M –$1.5M 20 (18) 10 (10) 2.0 : 1 (1.8 : 1)
>$1.5M 7 (8) 1 (1) 7 : 1 (8 : 1)
Total 64 (63) 34 (35) 1.9 : 1 (1.8 : 1)

Single-Family Homes Sold in San Carlos:

1201 Cedar Street, San Carlos

1201 Cedar Street, San Carlos

Below is a list of the single-family homes that sold this past week in San Carlos. Click on the address of each to see the complete details.

Address Sold Price Orig. List Difference DOM
1201 Cedar Street
$1,142,573 $1,188,800 $46,227 (-3.9%) 1
23 Elston Court
$1,049,000 $1,150,000 $101,000 (-8.8%) 91
182 Belvedere Avenue
$977,500 $975,000 $2,500 (+0.3%) 5
320 Chestnut Street
$820,000 $779,000 $41,000 (+5.3%) 6
43 Pine Avenue
$799,950 $799,950 $0 (0.0%) 30
1318 Geneva Avenue
$725,000 $725,000 $0 (0.0%) 15
990 McCue Avenue
$650,000 $649,000 $1,000 (+0.2%) 11
1012 Inverness Drive $532,000 $537,000 $5,000 (-0.9%) 16

(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

>>> Click Here to Read the Full Post
_____________________________________________________________________________

Are you ready to step up to the most comprehensive data available about the San Carlos Real Estate market? Then subscribe to the White Oaks Blog for free by clicking here. Be sure to follow the White Oaks Blog on Facebook at https://Facebook.com/WhiteOaksBlog , and on Twitter @WhiteOaksBlog.
Get the best coverage on the San Carlos real estate market delivered right to you!
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The San Carlos Real Estate Week in Review: 10/23/10

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Inventory Analysis.

Buyers are definitely taking their time as they sort through the available inventory of homes in San Carlos.   Only two homes went into contract this past week.  One big reason is the lack of new homes to choose from.  Even though there are 3 new listings to go through at today’s open house tour, two of them hit the market only last night.  It will be interesting to see how these three fare in the upcoming week.

Open House?

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 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.

Here’s a snapshot of the San Carlos single family home market, as of 10/23. The previous week’s stats are in parentheses:

Price Range Active Pending Ratio
< $1M 37 (35) 24 (25) 1.5 : 1 (1.4 : 1)
$1M –$1.5M 18 (19) 10 (10) 1.8 : 1 (1.9 : 1)
>$1.5M 8 (8) 1 (1) 8 : 1 (8 : 1)
Total 63 (62) 35 (36) 1.8 : 1 (1.7 : 1)

Single-Family Homes Sold in San Carlos:

3101 Melendy Drive, San Carlos

3101 Melendy Drive, San Carlos

Below is a list of the single-family homes that sold this past week in San Carlos. Click on the address of each to see the complete details.

Address Sold Price Orig. List Difference DOM
3101 Melendy Drive
$1,205,000 $1,198,000 $7,000 (+0.6%) 1
2125 Brittan Avenue
$770,000 $795,000 $25,000 (-3.1%) 28
1710 Walnut Street
$740,050 $789,000 $48,950 (-6.2%) 10
2024 Birch Avenue $740,000 $722,000 $18,000 (+2.5%) 9
512 Prospect Street
$565,000 $581,400 $16,400 (-2.8%) 48

(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

>>> Click Here to Read the Full Post
_____________________________________________________________________________

Are you ready to step up to the most comprehensive data available about the San Carlos Real Estate market? Then subscribe to the White Oaks Blog for free by clicking here. Be sure to follow the White Oaks Blog on Facebook at https://Facebook.com/WhiteOaksBlog , and on Twitter @WhiteOaksBlog.
Get the best coverage on the San Carlos real estate market delivered right to you!
_____________________________________________________________________________

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The San Carlos Real Estate Week in Review: 10/16/10

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Inventory Analysis.

Activity picked up a bit this past week with a healthy number of homes going into contract.  There was a pretty interesting spread in the days on market for the homes that went pending — one sold in a single day (off market, basically) and at the other extreme it took 241 days to get one into contract.   New inventory continues to come onto the market, which is great news for buyers.   Should make for another interesting week in San Carlos

Open House?

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 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.

Here’s a snapshot of the San Carlos single family home market, as of 10/16. The previous week’s stats are in parentheses:

Price Range Active Pending Ratio
< $1M 35 (37) 25 (23) 1.4 : 1 (1.6 : 1)
$1M –$1.5M 19 (17) 10 (9) 1.9 : 1 (1.9 : 1)
>$1.5M 8 (9) 1 (1) 8 : 1 (9 : 1)
Total 62 (63) 36 (33) 1.7 : 1 (1.9 : 1)

Single-Family Homes Sold in San Carlos:

2063 Alma Street, San Carlos

2063 Alma Street, San Carlos

Below is a list of the single-family homes that sold this past week in San Carlos. Click on the address of each to see the complete details.

Address Sold Price Orig. List Difference DOM
2063 Alma Street
$1,000,000 $950,000 $50,000 (+5.3%) 1
916 Rosewood Avenue $990,000 $938,000 $52,000 (+5.5%) 6
131 Molton Avenue $880,000 $900,000 $20,000 (-2.2%) 43
2428 San Carlos Avenue $759,000 $799,000 $40,000 (-5.0%) 50

(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

>>> Click Here to Read the Full Post
_____________________________________________________________________________

Are you ready to step up to the most comprehensive data available about the San Carlos Real Estate market? Then subscribe to the White Oaks Blog for free by clicking here. Be sure to follow the White Oaks Blog on Facebook at https://Facebook.com/WhiteOaksBlog , and on Twitter @WhiteOaksBlog.
Get the best coverage on the San Carlos real estate market delivered right to you!
_____________________________________________________________________________

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Chuck Gillooley
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Alain Pinel Realtors

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