The San Carlos Real Estate Week in Review: 11/28/09

It was a bit slower this week, which was to be expected with the Thanksgiving holiday.   In normal years, this week would almost mark the end of the real estate year as buyers and sellers essentially “shut it down” and prepare for Christmas.   This year may be different, though.  Just this week, interest rates matched the all-time lows that we saw in the Spring of this year.   This is keeping buyers extra vigilant during the holiday season in case the right home pops up.  It's also making some sellers think twice about waiting until next year to list their home.

This should all make for an interesting December market in San Carlos!

Here's a snapshot of the San Carlos market, as of 11/28. The previous week's stats are in parentheses:

Price Range	Active	Pending	Ratio
< $1M	17 (18)	19 (22)	0.9 : 1 (0.8 : 1)
$1M –$1.5M	12 (9)	11 (11)	1.1 : 1 (0.8 : 1)
>$1.5M	8 (11)	2 (1)	4 : 1 (11 : 1)
Total	37 (36)	32 (34)	1.2 : 1 (1.1 : 1)

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What Sold in San Carlos

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

2806 Roland Avenue

• Pictured Above — Sale Price: $929,000. Original List Price: $1,150,000. Difference: $221,000 (19.2%) below original list. DOM: 113 Days under MLS # 80928898. Listed by David Parks of Gateway Properties.

18 Coleman Court

• Sale Price: $936,000. Original List Price: $899,000. Difference: $37,000 (4.1%) above original list.    Note that it originally listed almost a year ago at $1,199,999.  DOM: 332 Days under MLS # 80948382. Listed by Deborah Chelini of Coldwell Banker.

21 Alta Lane

• Sale Price: $840,000. Original List Price: $898,000. Difference: $58,000 (6.5%) below original list. DOM: 21 Days under MLS # 80942468. Listed by John Shroyer of RE/MAX Today.

131 Ruby Avenue

• Sale Price: $840,000. Original List Price: $879,000. Difference: $39,000 (4.4%) below original list. DOM: 43 Days under MLS # 80942468. Listed by Bob Bredel of RE/MAX Today.

2472 San Carlos Avenue

• Sale Price: $690,000. Original List Price: $719,000. Difference: $29,000 (4.0%) below original list. DOM: 9 Days under MLS # 80948686. Listed by Erich Sonnberger of Intero Real Estate Services.

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Click the SOLD button below see all of the homes that have sold in San Carlos in the past 3 months.

Homes Pending Sale in San Carlos

The following homes went “Pending Sale” this week — click on the address for more info:

• 534 Wellington Dr, after 140 days on the market.
• 1578 Morse Blvd, after 162 days.
• 105 Wilshire Ct, 13 days.

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New Listings in San Carlos

Below are the new listings that hit the market this past week in San Carlos. Simply click on the address of each home to get all the details.

201 Aberdeen Drive

• Pictured Above: $1,128,000 — 3BR/2BA, 1,850 sq ft on a 7,550 square foot lot. MLS# 80955077. Listed by Ines Malardino of Cashin Company.

233 Bayview Drive

• $1,149,000— 3BR/3BA, 2,650 sq ft on a 9,240 square foot lot. MLS#80955197, listed by Michael Bruno of Cal-West Realty.

2120 Belmont Avenue

• $909,000— 3BR/2BA, 1,418 sq ft on a 5,500 square foot lot. MLS#80955117, listed by Shirley Kraus of Intero Real Estate Services.

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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.)

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