The San Carlos Real Estate Week in Review: 1/30/10

Inventory Analysis

The number of homes for sale in San Carlos finally pushed back above the 20's for the first time in several weeks.  And unless a bunch of these 30 homes suddenly go into contract, the inventory count should stay above 30 for awhile — there are a couple of additional new listings just around the corner on Cedar Street and Greenwood Avenue.  Finally, the spring buying season is heating up.   That's good news, because January was a dud compared to expectations.  Stay tuned later this week for January's Report Card on the site.

Here's a snapshot of the San Carlos single family home market, as of 1/30. The previous week's stats are in parentheses:

Price Range	Active	Pending	Ratio
< $1M	16 (14)	17 (15)	0.9 : 1 (0.9 : 1)
$1M –$1.5M	7 (6)	4 (4)	1.8 : 1 (1.5 : 1)
>$1.5M	7 (7)	0 (0)	N/A (N/A)
Total	30 (27)	21 (19)	1.4 : 1 (1.4 : 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.

No single family homes closed escrow this past week in San Carlos…

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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:

• 2457 Melendy Dr, after 9 days on the market.
• 1651 Alameda de las Pulgas, after 377 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.

2230 Carmelita Drive

• Pictured: $1,399,950 — 4BR/3BA, 2,340 sq ft on a 8,250 square foot lot. MLS#81004048. Listed by Wendi Selig of Coldwell Banker.

2417 Melendy Drive

• $900,000 — 3BR/2BA, 1,850 sq ft on a 6,960 square foot lot. MLS#81004196. Listed by Robin Wrigley of Alain Pinel Realtors.

331 Fairfield Drive

• $649,900 — 3BR/1BA, 1,740 sq ft on a 5,000 square foot lot. MLS#81004274. Listed by Erick Crawford of Access Real Estate Services.

982 Holly Street

• $599,000 — 2BR/2BA, 1,180 sq ft on a 5,850 square foot lot. MLS#81003344. Listed by Claire Earley of Coldwell Banker.

309 Old County Road

• $549,000 — 2BR/1BA, 820 sq ft on a 5,000 square foot lot. MLS#81003128. Listed by Ruba Kaileh of RE/MAX Today.

(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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