The San Carlos Real Estate Week in Review: 5/1/10

April 30, 2010

Inventory Analysis

After a two week “technology-imposed” absence, the San Carlos Real Estate Week in Review is back (whew!) And look what has happened in just two weeks — inventory of single family residences has jumped from the high-30's to almost 60 homes for sale. This is double the number we started the year with, much to the relief of nervous buyers. And homes are selling briskly, too. 9 homes went into contract this past week, several of which were actually sold off-market. And unlike in month's past, homes in all price ranges are now selling well, not just the traditionally hot sub-$1M segment. The market is indeed alive and well.

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 5/1. The previous week's stats are in parentheses:

Price Range	Active	Pending	Ratio
< $1M	33 (–)	23 (–)	1 : 4 (–)
$1M –$1.5M	17 (–)	10 (–)	1.7 : 1 (–)
>$1.5M	9 (–)	5 (–)	2.5 : 1 (–)
Total	59 (42)	37 (–)	1.6 : 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.

2238 Carmelita Drive

Pictured: Sale Price: $1,450,000. Original List Price: $1,465,000. Difference: $15,000 (1.0%) below original list. Sold in 8 days. MLS# 81013566, listed by Laura Bertolacci of RE/MAX Today.

184 Cedar Street

Sale Price: $1,098,000. Same as original list. Sold in 0 days. MLS# 81013584, listed by Eda Diridon of Carlmont Associates.

1565 School Street

Sale Price: $875,000. Original List Price: $868,000. Difference: $7,000 (0.8%) above original list. Sold in 0 days. MLS# 81014900, listed by Linda Young of Coldwell Banker.

(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:

1262 Magnolia Avenue, after 10 days on the market.
140 Park Avenue, after 21 days.
20 Coronado Avenue, 21 days.
388 De Anza Avenue, 45 days.
33 Sunnydale Avenue, 9 days.
728 Cedar Street, 7 days.
191 Lyndhurst Avenue, 6 days.
115 Northam Ave, 0 days.
2733 Clifford Avenue, 0 days.
112 Wildwood Avenue, 54 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.

2607 Graceland Avenue

Pictured: $1,595,000 — 4BR/3BA, 2,400 sq ft on a 18,240 square foot lot. MLS# 81021276. Listed by David Young of Coldwell Banker.

3342 Melendy Drive

$1,385,000 — 4BR/2.5BA, 2,480 sq ft on a 12,789 square foot lot. MLS# 81021311. Listed by Dee Edmonds of Coldwell Banker.

191 Lyndhurst Avenue

$1,298,000 — 4BR/3BA, 2,350 sq ft on a 10,615 square foot lot. MLS# 81020254. Listed by Julie Vejmola of Coldwell Banker. Already pending sale!

530 Walnut Street

$1,099,000 — 5BR/4BA, 3,300 sq ft on a 8,525 square foot lot. MLS# 81020399. Listed by Jack Hirsch of Realty World.

1025 Hewitt Drive

$1,098,000 — 4BR/3BA, 2,220 sq ft on a 15,200 square foot lot. MLS# 81020984. Listed by Shahla Piff of Century 21 Alliance.

232 Windsor Drive

$969,000 — 3BR/3BA, 2,500 sq ft on a 5,750 square foot lot. MLS# 81020383. Listed by Donna Colangelo of Intero Real Estate Services.

3024 Brittan Avenue

$899,500 — 3BR/2BA, 1,790 sq ft on a 15,400 square foot lot. MLS# 81020397. Listed by Tom Huff of Cashin Company.

2085 Saint Francis Way

$899,000 — 3BR/2BA, 1,360 sq ft on a 5,170 square foot lot. MLS# 81021335. Listed by Claire Earley of Coldwell Banker.

119 Oakview Drive

$889,000 — 3BR/1BA, 1,290 sq ft on a 7,500 square foot lot. MLS# 81021519. Listed by Justine Ford of RE/MAX Today.

109 Plymouth Avenue

$849,000 — 3BR/2BA, 1,390 sq ft on a 7,140 square foot lot. MLS# 81020960. Listed by Donna Colangelo of Intero Real Estate Services.

54 Plymouth Avenue

$839,000 — 2BR/2BA, 1,450 sq ft on a 6,260 square foot lot. MLS# 81021402. Listed by David Young of Coldwell Banker.

1240 Highland Court

$819,000 — 3BR/2BA, 1,860 sq ft on a 14,640 square foot lot. MLS# 81021228. Listed by Craig Smith of Intero Real Estate Services.

2667 San Carlos Avenue

$699,000 — 3BR/2BA, 1,300 sq ft on a 6,636 square foot lot. MLS# 81021243. Listed by Laura Bertolacci of RE/MAX Today.

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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.)