The San Carlos Real Estate Week in Review: 2/6/10
February 7, 2010
Inventory Analysis
Virtually all of the inventory churn continues to happen in the sub-$1M range. This past week, with the exception of the new listing at 813 Tamarack, all of the other listings, pendings, and sold properties were below $1M. The entry-level market once again is carrying the market in San Carlos.
Here's a snapshot of the San Carlos single family home market, as of 2/6. The previous week's stats are in parentheses:
| Price Range | Active | Pending | Ratio |
|---|---|---|---|
| < $1M | 15 (16) | 20 (17) | 0.8 : 1 (0.9 : 1) |
| $1M –$1.5M | 7 (7) | 4 (4) | 1.8 : 1 (1.8 : 1) |
| >$1.5M | 7 (7) | 0 (0) | N/A (N/A) |
| Total | 29 (30) | 24 (21) | 1.2 : 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.
119 Chesham Avenue
- Sale Price: $835,000. Original List Price: $868,500. Difference: $33,500 (3.9%) below original list. DOM: 68 Days, MLS #80951527. Listed by Laura Bertolacci of RE/MAX Today.
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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:
- 1345 Woodland Ave, after 10 days on the market.
- 1983 Belle Ave, 11 days.
- 1101 Orange Ave, 2 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.
813 Tamarack Avenue
- Pictured: $1,165,000 — 3BR/3BA, 2,540 sq ft on a 9,000 square foot lot. MLS#81005373. Listed by Marnie Barrett of Cashin Company.
15 Arch Lane
- $819,000 — 4BR/2.5BA, 2,120 sq ft on a 8,000 square foot lot. MLS#81005509. Listed by Diane and Quetzal of Alain Pinel Realtors.
1636 Greenwood Avenue
- $819,000 — 3BR/1BA, 1,300 sq ft on a 5,960 square foot lot. MLS#81004510. Listed by Genella Williamson of Alain Pinel Realtors.
1101 Orange Avenue
- $779,000 — 2BR/1BA, 1,220 sq ft on a 6,000 square foot lot. MLS#81004505. Listed by Justine Ford of RE/MAX Today. Already pending sale.
(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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