The San Carlos Real Estate Week in Review: 10/9/10

Inventory Analysis.

Wow.  You could almost feel the brakes being applied on the market this week.  Only two new listings to see, and five homes went pending.  Much to the point I made last week about being more deliberate in their decisions — the three of the five homes that went into contract this week were on the market for over a month.  The fourth was on over 3 weeks.   And I don’t think this is being caused by a lack of new inventory, because there has been a pretty good influx of new listings over the past few weeks. There are homes on that have hit the market in the past few weeks that would have sold in a flash in the spring — but they’re still sitting.

It’s still a little early in the fall season for things to slow down. Normally that happens in mid-November. It will be interesting to see what happens over the next week or two as to whether it’s just a blip or the beginning of a bigger trend.

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 10/9. The previous week’s stats are in parentheses:

Single-Family Homes Sold in San Carlos:

150 Manor 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.

(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

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The San Carlos Real Estate Week in Review: 10/2/10

Inventory Analysis.

One difference that is apparent between this year’s fall real estate market and the spring market is that buyers seem to be much more deliberate now with their decision to buy.   This is actually a good thing.  Open houses are generally well attended and buyers are still seriously looking, but from what I’ve seen with my listings, and from other listing agents I spoke with, it’s very apparent that buyers are circling a bit more and waiting.  Perhaps for more homes to come on the market, or for rates to drop?

If you’re a seller in this market, there’s no reason to panic.  This behavior actually reflects a healthy, balanced market.  But it may take a bit more patience and flexibility than perhaps we’ve all been accustomed to in the past year before your home sells.

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 10/2. The previous week’s stats are in parentheses:
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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: 9/25/10

Inventory Analysis.

There’s a bit of a format change in this week’s report.  I began to notice that after weeks where there was lots of sales and pending activity, this post got quite loooooong and somewhat difficult to read.  So I spent some time tinkering with the format this week with the intent of making it a bit more brief and concise.  Let me know what you think of the new look.   On that note, if there’s anything you would like to see added/deleted/changed in this report, just email me and let me know.    This is far and away the most read post on the site each week, so it’s your report — just let me know how you want it

On the inventory front, much of the same.   Homes in the lower price ranges are still getting snapped up at a brisk pace.  Half of the homes that went into contract this past week were below the $800,000 price point, and they all were gone in about 2 weeks or less.   There’s still strong competition in this segment of the San Carlos market.

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 9/25. The previous week’s stats are in parentheses:

>>> 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: 9/18/10

Inventory Analysis.

For the second consecutive week, there was a strong surge of new listings in the San Carlos market.  For a short time, this pushed the inventory up to 70 homes for sale, which is a watermark that we haven’t seen in awhile.   Great news for buyers, not so good for sellers.  But the good news is that buyers are still out in force, and are chipping away at the inventory.  6 homes went into contract during the week — 2 of them were gone the same day they hit the market (hey, it’s San Carlos after all.)

And it still seems like everyone is still looking for a clean 3BR/2BA in the flats.  Some things you can just count on!

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 9/18. The previous week’s stats are in parentheses:

Single-Family Homes Sold in San Carlos:

Below are the single-family homes that sold this past week in San Carlos. Click on the respective address or MLS # to get all the details.

215 Exeter Avenue, San Carlos

215 Exeter Avenue. (Pictured) Sale Price: $1,165,000. Original List Price: $1,148,900. Difference: $16,100 (1.4%) above original list. Sold in 13 days. MLS# 81037996, listed by Vicki Barbaria of RE/MAX Star Properties.

786 Cedar Street. Sale Price: $848,000. Original List Price: $875,999. Difference: $27,999 (3.2%) below original list. Sold in 22 days. MLS# 81038091, listed by Trish McCoy of Alain Pinel Realtors.

1455 Alameda de las Pulgas. Sale Price: $540,000. Original List Price: $650,000. Difference: $110,000 (16.9%) below original list. Sold in 68 days. MLS# 81028037, listed by Mary Yeargain of Alain Pinel Realtors.
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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: 9/11/10

Inventory Analysis.

There must be something to this fall kick-off stuff that I talked about earlier this week, because the listings floodgates opened this week  – at least by San Carlos standards.  12 homes listed this week, and two of those dozen have already been snapped up.  There are a couple of incredibly under-priced homes in that list that will surely disappear in a few days too.  But sellers clearly got the quick jump on the fall market with so many listings in one week.  Now, let’s see how the buyers respond…

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 9/11. The previous week’s stats are in parentheses:

Single-Family Homes Sold in San Carlos:

Below are the single-family homes that sold this past week in San Carlos. Click on the respective address or MLS # to get all the details.

208 Crestview Drive, San Carlos

208 Crestview Drive. (Pictured)  Sale Price: $1,110,888. Original List Price: $1,148,888. Difference: $38,000 (3.3%) below original list. Sold in 46 days. MLS# 81037507, listed by Val Vandervort of Coldwell Banker.

104 Windsor Drive. Sale Price: $1,077,000. Original List Price: $1,099,000. Difference: $22,000 (2.0%) below original list. Sold in 11 days. MLS# 81036887, listed by Bob Bredel of RE/MAX Today.

870 Crestview Drive. Sale Price: $980,000. Original List Price: $1,071,900. Difference: $91,900 (8.6%) below original list. Sold in 36 days. MLS# 81036696, listed by Alex Lehr of Lehr Real Estate.

249 Alberta Avenue. Sale Price: $852,000. Original List Price: $895,890. Difference: $43,890 (4.9%) below original list. Sold in 10 days. MLS# 81038073, listed by Genella Williamson of Alain Pinel Realtors.

(Click the “Homes Sold” button below see all of the homes that have sold in San Carlos in the past 3 months.)

>>> 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: 9/4/10

Inventory Analysis.

Almost more noteworthy than what did happen this week was what didn’t happen.   7 different listings were either canceled, withdrawn, or had their listing dates expire.     Is this abnormally high number just a fluky coincidence, or perhaps a sign that things might be slowing down a bit in San Carlos?  Digging  little deeper into the numbers, it seems like the coincidence theory wins out.  The average days on market of those 7 listings was over 97 days, and for a couple of those homes this was second or third run at the market.  So in reality the number is higher.   A little respite from the market may be in order for a few of these homes.  But you need to look no further than the pending sales from this week — 1375 Orange and 182 Belvedere were snapped up in less than a week — for proof that the for right homes,  the market in San Carlos isn’t letting up a bit…

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 9/4. The previous week’s stats are in parentheses:

Single-Family Homes Sold in San Carlos:

Below are the single-family homes that sold this past week in San Carlos. Click on the respective address or MLS # to get all the details.

1412 Howard Avenue, San Carlos

1412 Howard Avenue (pictured). Sale Price: $850,000. Original List Price: $850,000. No Difference: Sold in 27 days. MLS# 81032727, listed by Chuck Gillooley of Alain Pinel Realtors.

201 Emerald Avenue.   Sale Price: $1,395,000. Original List Price: $1,468,000. Difference: $73,000 (5.0%) below original list. Sold in 10 days. MLS# 81037608, listed by David Young of Coldwell Banker.

3341 Melendy Drive. Sale Price: $1,061,000. Original List Price: $980,000. Difference: $81,000 (8.3%) above original list.  Sold in 13 days. MLS# 81040328, listed by Laura Bertolacci of RE/MAX Today.

525 Emerald Avenue. Sale Price: $890,000. Original List Price: $929,000. Difference: $39,000 (4.2%) below original list.  Sold in 56 days. MLS# 81028081, listed by John Shroyer of RE/MAX Today.

1051 Springfield Drive.  Sale Price: $560,000. Original List Price: $599,000. Difference: $39,000 (6.5%) below original list.  Sold in 52 days. MLS# 81027684, listed by Dickson Sum of JODI Group.

(Click the “Homes Sold” button below see all of the homes that have sold in San Carlos in the past 3 months.)

>>> 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: 8/29/10

Inventory Analysis.

As August rolls to a close, it appears that the market is continuing its “mini-rally” from 2009.  When the numbers are tallied next week, it will likely show that just as many (or more) homes sold in August 2010 as there were in the same month in ’09.  Certainly, every Realtor and escrow officer I spoke with agrees that it was one of the busier Augusts in recent memory.   And with the strong pending-sales figures that were racked up in August, we’re already entering the fall market with much more momentum than we had last year.  It will remain to be seen how much the recent doom-and-gloom headlines on the economy will damper this enthusiasm..if at all.

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 8/29. The previous week’s stats are in parentheses:

Single-Family Homes Sold in San Carlos:

Below are the single-family homes that sold this past week in San Carlos. Click on the respective MLS # to get all the details.

181 Coventry Court, San Carlos

181 Coventry Court (pictured). Sale Price: $1,600,000. Original List Price: $1,649,995. Difference: $49,995 (3.0%) below original list. Sold in 18 days. MLS# 81033622, listed by Bob Bredel of RE/MAX Today.

928 Heather Drive. Sale Price: $1,370,000. Original List Price: $1,495,000. Difference: $125,000 (8.4%) below original list. Sold in 32 days. MLS# 81031614, listed by Bob Bredel of RE/MAX Today.

82 Ensenada Road. Sale Price: $1,200,000. Original List Price: $1,150,000. Difference: $50,000 (4.3%) above original list. Sold in 9 days. MLS# 81036055, listed by Eliz Bianchini of Coldwell Banker.

158 Manor Drive. Sale Price: $992,000. Original List Price: $1,035,000. Difference: $43,000 (4.2%) below original list. Sold in 41 days. MLS# 81028961, listed by Carrie Du Bois of Coldwell Banker

(Click the “Homes Sold” button below see all of the homes that have sold in San Carlos in the past 3 months.)

>>> 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: 8/22/10

Inventory Analysis.

School is back in session for most of the local high schools, and San Carlos School District gets back in session next week.   That means vacations are over for many, and usually means the end of the August siesta that the real estate market seems to take every year.   This August is certainly bucking the trend from previous years, though, as sales activity has remained solid throughout the summer.   That leads me to believe that the September – November fall market will be healthy.  We’ll soon see, because it’s right around the corner.

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 8/22. The previous week’s stats are in parentheses:

Single-Family Homes Sold in San Carlos:

Below are the single-family homes that sold this past week in San Carlos. Click on the respective MLS # to get all the details.

31 Eaton Villa Place, San Carlos

31 Eaton Villa Place (pictured). Sale Price: $1,225,000. Original List Price: $1,225,000. Difference: $0 (0.2%) from original list. Sold in 0 days. MLS# 81041173, listed by Laura Bertolacci of RE/MAX Today.

233 Clifton Avenue. Sale Price: $1,075,000. Original List Price: $1,073,000. Difference: $2,000 (0.2%) above original list. Sold in 6 days. MLS# 81034025, listed by Zarine Batliwalla of Prudential California Realty

711 Cordilleras Avenue. Sale Price: $1,006,000. Original List Price: $939,000. Difference: $67,000 (7.1%) above original list. Sold in 10 days. MLS# 81033972, listed by Patrick Ryan of Alain Pinel Realtors.

104 Baytree Road. Sale Price: $900,000. Original List Price: $988,000. Difference: $88,000 (13.6%) below original list. Sold in 83 days. MLS# 81023930, listed by Joan Flood of Alain Pinel Realtors.

921 Rosewood Avenue. Sale Price: $852,000. Original List Price: $749,950. Difference: $102,050 (8.9%) above original list. Sold in 4 days. MLS# 81035259, listed by Maxine Dumas of Dumas & Company.

1547 Elm Street. Sale Price: $705,000. Original List Price: $659,000. Difference: $46,000 (7.0%) above original list. Sold in 0 days. MLS# 81035945, listed by Mike and Sandy Rostad of Coldwell Banker.

220 Winding Way. Sale Price: $160,000. Original List Price: $259,900. Difference: $99,900 (38.4%) below original list. Sold in 129 days. MLS# 81014536, listed by John Lee of MRL Group.

(Click the “Homes Sold” button below see all of the homes that have sold in San Carlos in the past 3 months.)

>>> 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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