The San Carlos Real Estate Week in Review: 3/20/10

Inventory Analysis

Homes continued to sell at a brisk pace last week. Three listings that came on the market just the week before were snapped up, and multiple offers continue to be the norm for homes below $1M.   Look for at least two more of these to fall into the “Pending Sale” category early next week.

Be sure to visit the  San Carlos Open House Page to get a complete list of which homes will be open this weekend.

Here's a snapshot of the San Carlos single family home market, as of 3/20. The previous week's stats are in parentheses:

Price Range	Active	Pending	Ratio
< $1M	21 (21)	25 (22)	0.84 : 1 (0.95 : 1)
$1M –$1.5M	9 (7)	6 (8)	1.5 : 1 (0.9 : 1)
>$1.5M	6 (7)	2 (2)	3 : 1 (3.5 : 1)
Total	36 (35)	33 (32)	1.1 : 1 (1.1 : 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.

813 Tamarack Avenue

• Pictured. Sale Price: $1,261,000. Original List Price: $1,165,000. Difference: $96,000 (8.2%) above original list. DOM: 8 Days, MLS #81005373. Listed by Marnie Barret of Cashin Company.

105 Wilshire Court

• Sale Price: $650,000. Original List Price: $650,000. No Difference – DOM: 185 Days, MLS #80939365. Listed by Michael Reid of Reid Realty.

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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:

• 153 Park Avenue, after only 8 days on the market.
• 1733 Alameda de las Pulgas, after 28 days.
• 908 Rosewood Avenue, 7 days
• 1028 McCue Avenue, 14 days.
• 1423 Cordilleras Ave, 9 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.

2651 Debbie Place

• Pictured: $1,227,000 — 4BR/2.5BA, 1,910 sq ft on a 9,580 square foot lot. MLS# 81011994. Listed by Laura Bertolacci of  RE/MAX Today.

150 Manor Drive

• $1,095,000 — 4BR/3BA, 2,200 sq ft on a 4,840 square foot lot. MLS# 81013369. Listed by Carrie Du Bois of Coldwell Banker.

2004 San Carlos Avenue

• $849,888 — 3BR/2BA, 2,130 sq ft on a 10,454 square foot lot. MLS# 81013161. Listed by David Young of Coldwell Banker.

1225 Highland Court

• $868,000 — 3BR/2BA, 2,050 sq ft on a 15,530 square foot lot. MLS# 81012851. Listed by Debbie Wong of Prudential California Realty.

81 Highland Avenue

• $649,000 — 3BR/2BA, 1,450 sq ft on a 6,160 square foot lot. MLS# 81013246. Listed by Christine Vo of Casa Latino Bay Area Realty.  Short 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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