The San Carlos Real Estate Week In Review: 5/9/09.

May 9, 2009

San Carlos Inventory Analysis

As you can see from the New Listings and Homes Sold sections below, almost all of the activity this week was in the sub-$1M price range, continuing a trend from the past several weeks.    Here's a snapshot of the San Carlos market, as of 5/9. The previous week's stats are in parentheses:

Price Range Active Pending Ratio
Homes < $1M 37 (40) 20 (18) 1.9 : 1 (2.2 : 1)
Homes $1M –$1.5M 18 (19) 7 (5) 2.6 : 1 (3.8 : 1)
Homes >$1.5M 11 (11) 2 (2) 5.5 : 1 (5.5 : 1)
Total 66 (70) 29 (25) 2.3 : 1 (2.8 : 1)

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San Carlos Home Sales

Below are homes that sold this past week in San Carlos. Click on the respective addresses to get all the details.

122 Wellington Drive

  • Pictured above — Sale Price: $740,000Original List Price: $749,800Difference: $9,800 (1.3%) below original list. DOM: 40 Days under MLS # 80910493.  Listed by Laura Bertolacci of RE/MAX Today.

820 Sunset Drive

  • Sale Price: $625,000Original List Price: $675,000Difference: $50,000 (1.3%) below original list. DOM: 32 Days under MLS # 80915575.  Listed by Mary Duvall of Coldwell Banker.

903 Cherry Street

  • Sale Price: $575,000Original List Price: $639,000Difference: $64,000 (10.0%) below original list. DOM: 43 Days under MLS # 80917084.  Listed by Celeste Pagan of Carlmont Associates.

<== Click this button to see all of the homes that have sold in San Carlos in the past 3 months.

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Homes Pending Sale in San Carlos

Something old, something new.  There were a couple of homes that went into contract very quickly this week, as well as an old-timer.   Here are the details:

  • 166 Barford Avenue — Pending after only 7 days.
  • 1035 Springfield Drive — Pending after only 2 days.
  • 2743 San Carlos Avenue — Pending after a total of 261 days on the market

 <== Click this button to see all the homes that are Pending Sale in San Carlos.

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New Listings in San Carlos

Below are the new listings that hit the market this past week in San Carlos. Click on the respective addresses to get all the details.  (Note:  If  a generic map comes up instead of a property profile, it likely means that particular home  is already Pending Sale.  Click the link in the “Homes Pending Sale” section to check.)

112 Park Avenue

  • Pictured Above: $1,098,800 — 3BR/2BA, 1,853 sq ft on a 5,280 square foot lot.    MLS# 80921749, listed by John Papais of Forest Meadow Properties.

399 Ashford Avenue

  • $898,000 — 3BR/2BA, 1,600 sq ft on a 7,550 square foot lot.    MLS# 80921813, listed by Sabine Dillon of Coldwell Banker.

735 Orange Avenue

  • $849,000 — 2BR/1BA, 1,100 sq ft on a 5,750 square foot lot.    MLS# 80922750, listed by Mike and Sandy Rostad of Coldwell Banker.

15 Gaylord Court

  • $799,000 — 3BR/2BA, 1,360 sq ft on a 6,180 square foot lot.    MLS# 80922620, listed by Joanne Norris of Alain Pinel Realtors.

166 Barford Avenue

  • $739,000 — 3BR/2BA, 1,360 sq ft on a 5,400 square foot lot.    MLS# 80921563, listed by Howard Clark of Dumas & Company.  This home is already pending sale after only 7 days on the market.

1035 Springfield Drive

  • $539,000 — 2BR/1BA, 820 sq ft on a 5,000 square foot lot.    MLS# 80921826, listed by John Shroyer of RE/MAX Today.  This home is already pending sale after only 2 days on the market.

<== Click this button to see ALL of the homes currently for sale 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, and an occasional podcast mixed in to keep things lively. Between the two, you should get a great idea of what happened last week in San Carlos real estate.)

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