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The San Carlos Real Estate Week in Review: 5-14-11.

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Summary.

It was another good week for home buyers in San Carlos, with 10 new listings to choose from.    But not all regions in San Carlos are enjoying the influx of new listings.  The highly sought after Howard Park neighborhood only has 4 active listings, or 6% of the total available single-family homes in San Carlos.   White Oaks/Oak Park isn’t much better,  with 11 active listings or 17% of the total.  So if a home in the flat section of San Carlos is what you’re looking for, there’s still not a generous supply of homes to choose from yet.

Interest rates remained steady this past week at attractive levels.  And even jumbo loans (>$729,750) are starting to gain favor again with home buyers.   Look for more on this topic later in the week on the site.

San Carlos Market Report.

Click here to download this week’s edition of the Altos Research Market Report:  San Carlos Market Report 5-14-2011

San Carlos Open House List.

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.

Here’s a quick snapshot of the inventory of San Carlos single family homes as of 5-14-2011:

Inventory 5-14-11 Prior Week
Active Listings 64 62 (+3%)
Average DOM of Active Listings 60 62
Homes in Contract 55 52 (+6%)
Ratio Active/Pending 1.2 : 1 1.2 : 1

Single-Family Homes Sold in San Carlos:

 

2433 Melendy Drive, San Carlos

2433 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.

>>> 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: 5-7-11.

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Summary.

Quite a few homes changed hands again this week in San Carlos.   Ten homes went into contract, and ten new listings popped onto the market since last Sunday.   Interest rates remained stable, with rates hovering right at the 5% mark for 30-year fixed, high-balance conforming loans (up to $729,750).  This loan fuels the majority of the purchases in the market today, so it’s good news for the market when rates remain stable and affordable like this.

San Carlos Market Report.

Click here to download this week’s edition of the Altos Research Market Report:  San Carlos Market Report 5-7-2011

San Carlos Open House List.

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.

Here’s a quick snapshot of the inventory of San Carlos single family homes as of 5-7-2011:

Inventory 5-7-11 Prior Week
Active Listings 62 64 (-3%)
Average DOM of Active Listings 62 69
Homes in Contract 52 51 (+ 2%)
Ratio Active/Pending 1.2 : 1 1.3 : 1

Single-Family Homes Sold in San Carlos:

 

124 Colton Avenue, San Carlos

124 Colton 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.

>>> 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: 4-30-11.

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Summary.

Buyers rejoice!  The big news this past week was new listings.  In what was the biggest week for new issues so far in 2011, 16 listings were added to the inventory of homes for sale in San Carlos, thus pushing the total number back up to 64.    This is great news for buyers, as they now have several options to see in just about every price range.   This will help bring some much-needed balance and sensible buying to the market.

Pricing remained stable for those homes that closed escrow.   For that past few weeks, the ratio of final sales price to original list price has been within a point of 100%, meaning that homes are selling right for around the list price — not too far above, not too far below.

San Carlos Market Report.

Click here to download this week’s edition of the Altos Research Market Report:   San Carlos Market Report 4-30-2011

San Carlos Open House List.

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.

Here’s a quick snapshot of the inventory of San Carlos single family homes as of 4-30-2011:

Inventory 4-30-11 Prior Week
Active Listings 64 51 (+25%)
Average DOM of Active Listings 69 82
Homes in Contract 51 47 (+ 9%)
Ratio Active/Pending 1.3 : 1 1.1 : 1

Single-Family Homes Sold in San Carlos:

 

1643 Saint Francis Way, San Carlos

1643 Saint Francis Way, 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 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: 4-23-11.

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Summary.

Easter week and spring break descended on San Carlos this past week, but that didn’t seem to have much of a negative effect on the real estate market.  11 homes were successfully put into contract during the week, so those buyers that stayed in town kept themselves busy buying homes.    5 of those 11 homes were only on the market for a week or less!  There were only 5 new listings that hit the market — perhaps some sellers would prefer to wait until after Easter to open their doors to the world, which is understandable.  This discrepancy pared the list back to 51 available homes for sale in San Carlos, which is still low for this time of year.  Not a great number for those San Carlos buyers, but it’s a good indicator that this market is still chugging along

On the bright side, there are a number of “Coming Soon” signs dotting the San Carlos landscape, so you can expect some new homes to replenish the inventory this coming week.

San Carlos Market Report.

Click here to download this week’s edition of the Altos Research Market Report:  San Carlos Market Report 4-23-2011

San Carlos Open House List.

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.

Here’s a quick snapshot of the inventory of San Carlos single family homes as of 4-23-2011:

Inventory 4-23-11 Prior Week
Active Listings 51 59 (-14%)
Average DOM of Active Listings 82 79
Homes in Contract 47 45 (+4.4%)
Ratio Active/Pending 1.1 : 1 1.3 : 1

Single-Family Homes Sold in San Carlos:

706 Cedar Street, San Carlos

706 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.

>>> 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: 4-16-11.

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Summary.

The San Carlos real estate market continued its torrid pace from the previous week, and “13″ turned out to be our lucky number – 13 homes went into contract, and 13 new listings hit the market.   With that balance, the inventory of available homes finished right about where it started (although it varied all over the map during the week.)

And it wasn’t just the new issues that went into contract this week.  The days-on-market (DOM) for the homes that went into contract ranged from 2 days all the way up to 325 days — which tells you that everything sells in its own time, and that buyers are starting to look at some of the older inventory again.   But make no mistake, multiple offers are still prevalent for the more desirable new listings.

San Carlos Market Report.

Click here to download this week’s edition of the Altos Research Market Report:  San Carlos Market Report 4-16-2011

San Carlos Open House List.

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.

Here’s a quick snapshot of the inventory of San Carlos single family homes as of 4-16-2011:

Inventory 4-16-11 Prior Week
Active Listings 59 60 (-1.7%)
Average DOM of Active Listings 79 90
Homes in Contract 45 34 (+32%)
Ratio Active/Pending 1.3 : 1 1.8 : 1

>>> 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: 4-9-11.

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Summary.

Even though the weather may not reflect it, Spring is in full swing if we’re talking real estate.  You know it has been a pretty frantic week when the same homes start to appear in both the “New Single-Family Homes For Sale” and the “Pending Sales” tables below in the same week.  This means the home listed and sold within a few days, most likely without having a single open house.  That happened twice this past week.   So it’s necessary for the successful buyer in this market to act quickly — if you wait until the weekend open house to get out and see a home, it may be too late.

Multiple offers are still commonplace.   The homes at 940 Woodland Avenue, 725 Dartmouth Avenue, and 125 Sunnydale Avenue all fetched multiple offers.  This speaks volumes about the persistent imbalance between the number of San Carlos buyers and the inventory of homes in some of the more desirable neighborhoods.   But there’s some good news on that front for those buyers who are still looking — even with all of the sales activity, it was a banner week for new listings. This pushed the inventory up to over the 60 mark again.

San Carlos Market Report.

Click here to download this week’s edition of the Altos Research Market Report:  San Carlos Market Report 4-9-2011

San Carlos Open House List.

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.

Here’s a quick snapshot of the inventory of San Carlos single family homes as of 4-9-2011:

Inventory 4-9-11 Prior Week
Active Listings 60 57 (+5%)
Average DOM of Active Listings 90 83
Homes in Contract 34 33 (+3%)
Ratio Active/Pending 1.8 : 1 1.7 : 1

>>> 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: 4-2-11.

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Summary.

I once mentioned in previous post that the two days of the week that you want to pay close attention to the MLS is on Mondays and Fridays, because those two days are when the majority of homes are listed on the market.   This week proved my point — almost every new listing this week posted on Friday (or early Saturday).    This late surge pushed the inventory of available homes up to 58, and in the process gave White Oaks buyers some much needed additional options to consider.   58 is still well below average for this time of year, but it’s a step in the right direction for buyers.

San Carlos Market Report.

Click here to download this week’s edition of the Altos Research Market Report:  San Carlos Market Report 4-2-2011

San Carlos Open House List.

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.

Here’s a quick snapshot of the inventory of San Carlos single family homes as of 4-2-2011:

Inventory 4-2-11 Prior Week
Active Listings 57 48 (+19%)
Average DOM of Active Listings 83 81
Homes in Contract 33 42 (-21%)
Ratio Active/Pending 1.7 : 1 1.1 : 1

>>> 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: 3-26-11.

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Summary.

The San Carlos real estate market remained red-hot this past week, as the buying spree continued.  11 homes were snatched off the market in just a week — and with only 7 new listings to replenish the supply, the inventory once again dropped below 50 down to 48.     The surge in buying that we have witnessed the past few weeks has pushed the number of pending sale (42) to be almost as high as the number of homes for sale (48)!  That’s the sign of a sustained hot market.

San Carlos Market Report.

Click here to download this week’s edition of the Altos Research Market Report:   San Carlos Market Report 3-26-2011

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’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.

Here’s a quick snapshot of the inventory of San Carlos single family homes as of 3-26-2011:

Inventory 3-26-11 Prior Week
Active Listings 48 55 (-13%)
Average DOM of Active Listings 81 73
Homes in Contract 42 34 (+24%)
Ratio Active/Pending 1.1 : 1 1.6 : 1

>>> 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
Chuck Gillooley
Realtor, San Carlos Resident

(650) 207-2024
BRE# 01750684
Email: Chuck Gillooley
Website: http://cghomes.net
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