The San Carlos Real Estate Week in Review: 2/13/10

Inventory Analysis

Finally, a significant surge in inventory — and what do you know….it's the week after the Super Bowl!   This week's surge was the biggest one-week increase that we have seen in new listings for months, and it didn't take very long for some of these to sell.   This is great news for buyers, but multiple offers are still happening, and prices are being driven over list price .   This is a strong indication that there's still no balance in this market.

Here's a snapshot of the San Carlos single family home market, as of 2/13. The previous week's stats are in parentheses:

Price Range	Active	Pending	Ratio
< $1M	19 (15)	18 (20)	1.1 : 1 (0.8 : 1)
$1M –$1.5M	9 (7)	5 (4)	1.8 : 1 (1.8 : 1)
>$1.5M	7 (7)	0 (0)	N/A (N/A)
Total	35 (29)	23 (24)	1.5 : 1 (1.2 : 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.

417 Hillcrest Road

• Sale Price: $1,230,000. Original List Price: $1,249,900. Difference: $19,900 (1.6%) below original list. DOM: 10 Days, MLS #81000019. Listed by Bob Bredel of RE/MAX Today.

1805 White Oak Way

• Sale Price: $900,000. Original List Price: $969,000. Difference: $69,000 (7.1%) below original list. DOM: 194 Days, MLS #81000950. Listed by John Shroyer of RE/MAX Today.

925 McCue Avenue

• Sale Price: $577,500. Original List Price: $595,000. Difference: $17,500 (2.9%) below original list. DOM: 12 Days, MLS #80956480. Listed by Mark Campana of Anchor Realty.

1651 Alameda de las Pulgas

• Sale Price: $470,000. Original List Price: $519,900. Difference: $49,900 (9.6%) below original list. DOM: 377 Days, MLS #80955030. Listed by Maureen Connor of Equity Capital.

(Click the “Homes Sold” button below see all of the homes that have sold in San Carlos in the past 3 months.)

——————————————————————————

Single-Family Homes Pending Sale in San Carlos:

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

• 2417 Melendy Dr, after 10 days on the market.
• 1636 Greenwood Ave, after 8 days.
• 2230 Carmelita Drive, 14 days
• 105 Wilshire Ct, 90 days.
• 813 Tamarack Ave, 8 days

(Click the “Homes Pending Sale” button below to see ALL the homes that are Pending Sale in San Carlos.)

——————————————————————————

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.

1392 Cedar Street

• $1,279,950 — 3BR/3BA, 2,030 sq ft on a 7,000 square foot lot. MLS# 81006552. Listed by Eric Berggren of Intero Real Estate Services.

26 Beverly Drive

• $1,249,000 — 3BR/2.5BA, 1,828 sq ft on a 6,300 square foot lot. MLS# 81006807. Listed by Terri Kerwin of Kerwin & Associates.

8 Dover Court

• $1,098,000 — 3BR/2BA, 2,318 sq ft on a 6,534 square foot lot. MLS# 81006637. Listed by Philip Watson of Prudential California Realty.

203 Exeter Avenue

• $1,025,000 — 3BR/2.5BA, 2,007 sq ft on a 8,750 square foot lot. MLS#81005675. Listed by Geoffrey Nelson of McGuire Real Estate.

142 Wildwood Avenue

• $868,000 — 3BR/2BA, 1,720 sq ft on a 6,000 square foot lot. MLS#81005651. Listed by Liliane Cools of Cashin Company.

2130 Eaton Avenue

• $849,900 — 2BR/1BA, 1,640 sq ft on a 7,700 square foot lot. MLS#81006488. Listed by Mark Scafine of SC Properties.

117 Beverly Drive

• $848,000 — 4BR/3BA, 2,180 sq ft on a 6,700 square foot lot. MLS#81006378. Listed by Greg St Clair of Mid-Peninsula Realty.

364 De Anza Avenue

• $825,000 — 3BR/1.5BA, 1,170 sq ft on a 5,450 square foot lot. MLS#81005656. Listed by Susie Dews of Coldwell Banker.

159 Ruby Avenue

• $799,000 — 3BR/1BA, 1,250 sq ft on a 4,400 square foot lot. MLS# 81006548. Listed by Justine Ford of RE/MAX Today.

120 Palm Ave

• $750,000 — 3BR/2BA, 1,560 sq ft on a 4,356 square foot lot. MLS# 81006601. Listed by Richard Ochsenhirt of Prudential California Realty.

(Click the “Homes for Sale” button below to see ALL of the single-family homes currently for sale in San Carlos.)

————————————————————————————————————

Condos and Townhomes Sold in San Carlos:

Below are the condos/townhouses that sold this past week. Click on the address for all of the details:

645 Prospect Street #204

• Sale Price: $688,000. Original List Price: $699,000. Difference: $11,000 (1.6%) below original list. DOM: 28 Days, MLS #80957057. Listed by Debbie Wilhem of Coldwell Banker.

(Click the “Condos Sold” button below to see all of the condos and townhomes that have recently sold in San Carlos)

—————————————————————————

Condo/Townhouse Pending Sales in San Carlos

The following condos/townhouses are now pending sale:

• 3280 La Mesa Drive, after 84 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)

————————————————————————–

New Condo/Townhouse Listings in San Carlos:

The following condo/townhouse listings came on the market this past week:

— there were no new condos or townhomes to hit the market last week.

(Click the “Condos for Sale” button below to see all of the condos and townhomes that are currently for sale in San Carlos)

———————————————

What's Open This Weekend?

Click the “Open House” button to see ALL of the homes and condos scheduled to be open this weekend in San Carlos.

Open House in San Carlos

Want your data sooner? Become a fan of the White Oaks Blog Page on Facebook where I post San Carlos home sales updates as they happen. Just click on the Facebook button below….



———————————————-


(The “San Carlos Week in Review” series is a summary of new listings and home sales in San Carlos for the prior week.)

———————————————