The San Carlos Real Estate Week in Review: 3/13/10

Inventory Analysis

Has Spring finally sprung?  If this past week is an indication, we're starting to come out of our winter hibernation.    9 new single-family listings hit the market this past week — 6 of them are 3BR/2BA configurations, which seem to be in the most demand right now in San Carlos.  Taking into account the 4 homes that went into contract this week, this surge of new listings pushed the inventory up to 34 total homes for sale in San Carlos – still well below average, but a good sign for buyers nonetheless.

If you're interested in any of these new listings, be sure to visit one of the open houses being held this weekend.  Chances are some of them won't be around next weekend!

Here's a snapshot of the San Carlos single family home market, as of 3/13. The previous week's stats are in parentheses:

Price Range	Active	Pending	Ratio
< $1M	21 (18)	22 (24)	0.95 : 1 (0.8 : 1)
$1M –$1.5M	7 (5)	8 (7)	0.9 : 1 (0.7 : 1)
>$1.5M	7 (6)	2 (2)	3.5 : 1 (3 : 1)
Total	35 (29)	32 (33)	1.1 : 1 (0.88 : 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.

2705 Eaton Avenue, San Carlos

2705 Eaton Avenue

• Pictured. Sale Price: $1,025,000. Original List Price: $1,149,000. Difference: $124,000 (10.8%) below original list. DOM: 163 Days, MLS #80939185.  Listed by Valerie Trenter of Coldwell Banker.

2904 Eaton Avenue

• Sale Price: $1,110,000. Original List Price: $1,125,000. Difference: $15,000 (1.3%) below original list. DOM: 0 Days, MLS #81010821.  Listed by Laura Bertolacci of RE/MAX Today.  Appears to have sold off-market.

2417 Melendy Drive

• Sale Price: $915,000. Original List Price: $900,000. Difference: $15,000 (1.7%) above original list. DOM: 10 Days, MLS #81004196. Listed by Robin Wrigley of Alain Pinel Realtors.

112 Northam Avenue

• Sale Price: $865,000. Original List Price: $989,000. Difference: $124,000 (12.5%) below original list. DOM: 185 Days, MLS #80939365. Listed by Judy Litteer of Prudential California Realty.

1636 Greenwood Avenue

• Sale Price: $799,999. Original List Price: $819,000. Difference: $19,001 (2.3%) below original list. DOM: 8 Days, MLS #81004510. Listed by Genella Williamson of Alain Pinel Realtors.

341 Laurel Street

• Sale Price: $725,000. Original List Price: $779,000. Difference: $54,000 (6.9%) below original list. DOM: 237 Days, MLS #80913571. Listed by Dean Asborno of Alain Pinel Realtors.

331 Fairfield Drive

• Sale Price: $660,100. Original List Price: $649,900. Difference: $10,200 (1.6%) above original list. DOM: 8 Days, MLS #81004274. Bank-owned property – Listed by Erick Crawford of Access Real Estate Services.

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

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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:

• 49 Fay Avenue,  after 158 days on the market.
• 434 Hill Way, after 186 days.
• 715 Tamarack Ave, 6 days.
• 124 Plymouth Ave, 7 days.

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

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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.

112 Wildwood Avenue

• Pictured: $1,685,000 — 4BR/3.5BA, 2,900 sq ft on a 6,490 square foot lot. MLS# 81010779. Listed by Michael Costello of Costello Realty.

10 Granite Court

• $1,385,000 — 3BR/2BA, 2,050 sq ft on a 7,080 square foot lot. MLS# 81011767. Listed by Kay Swen of Alain Pinel Realtors.    This was on the market last year, so it's technically not a “new” listing.  But it's inventory, and we need it.

126 Frances Lane

• $1,150,000 — 4BR/2.5BA, 1,910 sq ft on a 9,580 square foot lot. MLS# 81011994. Listed by Greg Celotti of Alain Pinel Realtors.

15 Madera Avenue

• $1,095,000 — 4BR/3.5BA, 2,790 sq ft on a 9,000 square foot lot. MLS# 81011752. Listed by John Shroyer of RE/MAX Today.   Was also on the market last year, but under a different brokerage.

1423 Cordilleras Avenue

• $989,516 — 3BR/2BA, 1,620 sq ft on a 4,400 square foot lot. MLS# 81011632. Listed by Nancy Palmer of Alain Pinel Realtors.

908 Rosewood Avenue

• $988,000 — 3BR/2BA, 1,500 sq ft on a 6,000 square foot lot. MLS# 81011617. Listed by Len Moore of Vilmont Investment Properties.

172 Lyndhurst Avenue

• $899,888 — 3BR/2BA, 1,660 sq ft on a 7,425 square foot lot. MLS# 81011712. Listed by Carole Rodinsky of Alain Pinel Realtors.

1100 Walnut Street

• $899,000 — 3BR/2BA, 1,360 sq ft on a 4,880 square foot lot. MLS# 81011883. Listed by Harriet Ham of RE/MAX Today.

388 De Anza Avenue

• $899,000 — 3BR/2BA, 1,470 sq ft on a 5,450 square foot lot. MLS# 81011710. Listed by Shirley Kraus of Intero Real .

1239 Elm Street

• $795,000 — 2BR/1BA, 1,039 sq ft on a 4,690 square foot lot. MLS# 81010749. Listed by Kyra Gebhardt Nelson of Alain Pinel Realtors.

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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:

(no condos or townhouses sold this past week.)

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

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Condo/Townhouse Pending Sales in San Carlos

The following condos/townhouses are now pending sale:

• 3350 Brittan Ave #2, after 154 day on the market.
• 3374 La Mesa Drive #9, 41 days.

(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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New Condo/Townhouse Listings in San Carlos:

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

1140 Royal Lane

• $925,000 — 3BR/2.5BA, 2,590 sq ft. MLS# 81011880. Listed by Yvette Collins of Cashin Company.

434 Portofino Drive, #301

• $839,000 — 2BR/2.5BA, 2,494 sq ft. MLS# 81011699. Listed by Carrie Du Bois of Coldwell Banker.

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

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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

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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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