The San Carlos Real Estate Week in Review: 4/10/10

April 11, 2010

Inventory Analysis

Now, that's more like it. A very strong surge of 11 new listings this week has pushed the inventory up to 50 homes for sale, a level that hasn't been seen for months. It's interesting to note that over half of the new listings are over $1M, and there's at least one more White Oaks home that will be on the market soon that will be on north side of $1.5M. This is good news for buyers in all price ranges, and should help balance out this multiple offer craze.

To get a complete list of which homes will be open this weekend in San Carlos, click here: San Carlos Open House Page

Here's a snapshot of the San Carlos single family home market, as of 4/10. The previous week's stats are in parentheses:

Price Range	Active	Pending	Ratio
< $1M	25 (23)	25 (24)	1 : 1 (0.96 : 1)
$1M –$1.5M	16 (12)	6 (7)	2.7 : 1 (1.7 : 1)
>$1.5M	9 (7)	1 (1)	9 : 1 (7 : 1)
Total	50 (42)	32 (32)	1.6 : 1 (1.3 : 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.

434 Hill Way

Pictured: Sale Price: $1,410,000. Original List Price: $1,465,800. Difference: $55,800 (3.8%) below original list. DOM: 186 Days, MLS# 81000520. Listed by Laura Bertolacci of RE/MAX Today.

1829 Eaton Avenue

Sale Price: $1,120,000. DOM: 0 Days, MLS# 81016074. Sold off-market. Listed by Laura Bertolacci of RE/MAX Today.

172 Lyndhurst Avenue

Sale Price: $950,000. Original List Price: $899,888. Difference: $50,112 (6.1%) above original list. DOM: 14 Days, MLS# 81011712. Listed by Carole Rodinsky of Alain Pinel Realtors. Sold with 11 offers.

1330 Hull Drive

Sale Price: $785,000. Original List Price: $834,000. Difference: $49,000 (5.9%) below original list. DOM: 109 Days, MLS# 80953708. Listed by Leonard Bialer of Bialer & Associates.

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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:

2102 Saint Francis Way, after 10 days on the market.

(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.

2033 White Oak Way

Pictured: $1,850,000 — 5BR/3.5BA, 3,190 sq ft on a 9,546 square foot lot. MLS# 81016894. Listed by David Young of Coldwell Banker.

140 Park Avenue

$1,695,000 — 5BR/3BA, 3,051 sq ft on a 5,207 square foot lot. MLS# 81016622. Listed by Jami Arami of Alain Pinel Realtors.

1985 Saint Francis Way

$1,325,000 — 4BR/3BA, 2,140 sq ft on a 5,500 square foot lot. MLS# 81017126. Listed by Camille Eder of Cashin Company.

333 Molton Avenue

$1,299,000 — 3BR/2BA, 1,920 sq ft on a 5,400 square foot lot. MLS# 81016234. Listed by Terri Kerwin of Kerwin & Associates.

724 Knoll Drive

$1,295,000 — 3BR/3BA, 2,290 sq ft on a 18,500 square foot lot. MLS# 81017274. Listed by Michael Bruno of Cal-West Realty.

20 Coronado Avenue

$1,050,000 — 4BR/2BA, 2,430 sq ft on a 7,290 square foot lot. MLS# 81016133. Listed by John Shroyer of RE/MAX Today

820 Sunset Drive

$925,000 — 3BR/2BA, 1,354 sq ft on a 5,500 square foot lot. MLS# 81016954. Listed by Patrick Carmichael of Realty World-Homesellers.

2694 Thornhill Drive

$869,000 — 3BR/1.5BA, 1,150 sq ft on a 5,650 square foot lot. MLS# 81016890. Listed by Miriam Chirko of Coldwell Banker.

5 Pepper Lane

$849,000 — 3BR/2BA, 1,240 sq ft on a 11,340 square foot lot. MLS# 81017124. Listed by Berna Davis of Coldwell Banker.

2611 Thornhill Drive

$724,950 — 2BR/1BA, 990 sq ft on a 4,400 square foot lot. MLS# 81017281. Listed by Chris Frangos of Coldwell Banker.

236 Winding Way

$699,999 — 2BR/2.5BA, 1,130 sq ft on a 6,969 square foot lot. MLS# 81016085. Listed by Tony Gabb of RE/MAX Star Properties.

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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.)