The San Carlos Real Estate Week In Review: 7/18/09.

July 18, 2009

San Carlos Inventory Analysis

The number of active listings inched up over 60 for the first time in a number of weeks, reflecting the normal summer slow-down in the market.   This was helped by the fact that there was only one home to go pending the entire week (see the Pending Sale section below.)    For those looking in the sub-$1M range, five of the six new listings this week are in this category, so you'll have some new inventory to check out.

Here's a snapshot of the San Carlos market, as of 7/18.  The previous week's stats are in parentheses:

Price Range Active Pending Ratio
Homes < $1M 29 (24) 17 (19) 1.7 : 1 (1.3 : 1)
Homes $1M –$1.5M 21 (22) 8 (7) 2.6 : 1 (3.1 : 1)
Homes >$1.5M 12 (11) 0 (0) N/A (N/A)
Total 62 (57) 25 (26) 2.5 : 1 (2.2 : 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.

11 Gaylord Court

  • Pictured AboveSale Price: $875,000Original List Price: $849,000Difference: $26,000 (3.1%) above original list. DOM: 2 Days under current MLS #80928125 . Listed by Jeff Lamont of Coldwell Banker.

92 Hillcrest Road

  • Sale Price: $809,950Original List Price: $898,950Difference: $89,000 (9.9%) below original list. DOM: 90 Days under current MLS #80913172 . Listed by Genella Williamson of Alain Pinel Realtors.

(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

Here are some noteworthy pending sales from this week.

  • 565 Emerald Avenue is now pending after 34 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.)

407 Devonshire Boulevard

  • Pictured Above: $1,950,000— 4BR/3BA, 2,930 sq ft on a 50,965 square foot lot.    MLS# 80934264, listed by Tom Stone of Coldwell Banker.

1667 Alameda de las Pulgas

  • $919,000— 4BR/3BA, 1,910 sq ft on a 4,120 square foot lot.    MLS# 80934459, listed by Justine Ford of Coldwell Banker.

145 Beverly Drive

  • $849,950— 3BR/2BA, 1,450 sq ft on a 5,880 square foot lot.    MLS# 80933605, listed by Dave Blewett of Intero Real Estate Services.

385 Ridge Road

  • $849,000— 3BR/2.5BA, 1,500 sq ft on a 5,450 square foot lot.    MLS# 80934460, listed by Justine Ford of Coldwell Banker.

1272 Howard Avenue

  • $729,000— 2BR/1BA, 970 sq ft on a 5,200 square foot lot.    MLS# 80933579, listed by Claire Earley of Coldwell Banker.

1015 Walnut Street

  • $675,000— 2BR/1BA, 1,190 sq ft on a 6,000 square foot lot.    MLS# 80934657, listed by Janet Barman of Coldwell Banker.

(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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