The San Carlos Real Estate Week in Review: 1/9/10

Inventory Analysis

You may notice a new look and feel to the “Week in Review” series.  Aside from the obvious change of scenery with the new blog layout, you may notice a new addition to the report:  Condos & Townhouses.    Historically, I haven't tracked condo listings and sales in this report, but at the suggestion of a loyal reader, I will start doing so this week.   This makes total sense, since condo and townhouse sales do make up a significant portion of the total real estate sales each year in San Carlos.   So if condos are your thing, scroll to the bottom of the report!

Here's a snapshot of the San Carlos single family home market, as of 1/9. The previous week's stats are in parentheses:

Price Range	Active	Pending	Ratio
< $1M	13 (10)	9 (10)	1 : 4 (1 : 1)
$1M –$1.5M	9 (9)	2 (4)	4.5 : 1 (2.3 : 1)
>$1.5M	6 (5)	0 (0)	N/A (N/A)
Total	28 (24)	11 (14)	2.5 : 1 (1.7 : 1)

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 addresses to get all the details.

2036 Alma Street

• Pictured: Sale Price: $1,125,000. Original List Price: $1,295,000. Difference: $170,000 (13.1%) below original list. DOM: 8 Days, MLS #80951477.  Listed by Bob Bredel of RE/MAX Today.

21 Anchor Lane

• Sale Price: $1,067,500. Original List Price: $1,099,000. Difference: $31,500 (2.9%) below original list. DOM: 17 Days, MLS #80951525.  Listed by Eda Diridon of Carlmont Associates.

1325 Oakhurst Avenue

• Sale Price: $590,000. Original List Price: $729,000. Difference: $139,000 (19.1%) below original list. DOM: 109 Days, MLS #80941559. Listed by Liza Vernazza of Coldwell Banker.

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Single-Family Homes Pending Sale in San Carlos:

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

• 215 Timothy Drive, after 244 days on the market.
• 119 Chesham Ave, after 68 days.

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New Single-Family Home 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.

2630 Howard Avenue

• Pictured: $1,695,000 — 4BR/3BA, 3,043 sq ft on a 5,650 square foot lot. MLS# 81000119. Listed by Anna Wong of Alain Pinel Realtors.

66 Wessex Way

• $1,100,000 — 4BR/2BA, 1,880 sq ft on a 10,767 square foot lot. MLS# 80958277. Listed by Harold Kolivas of Century 21 Alliance.

1125 Walnut Street

• $769,888 — 2BR/1BA, 1,030 sq ft on a 4,920 square foot lot. MLS# 81000939. Listed by Steve Eldridge of RE/MAX Today.   Not exactly a “new” listing, since it's back on the market after a short respite.

988 Holly Street

• $399,000 — 2BR/2BA, 880 sq ft on a 5,850 square foot lot. MLS# 81001058. Listed by Silvia Martinelli of Realty World.

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Condo/Townhouse Pending Sales in San Carlos

The following condos/townhouses are now pending sale:

• 3280 La Mesa Dr, after 49 days on the market

(Click the “Condos Pending Sale” button below to see all of the condos and townhomes that are pending 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.)

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