The San Carlos Real Estate Week in Review: 5/29/10

Inventory Analysis

If you watch the market closely in San Carlos, you'll notice that most homes come onto the market on either a Monday or a Friday.  Why?  Monday is the deadline to make Tuesday's broker's tour, and Friday is just convenient because it's right before the Sat-Sun open houses.  So if you watched this week's activity closely, it seemed to be a much busier-than-average week with over a dozen new listings – half of which hit the market on Friday.   But what's helping to drive this number so high is the three day weekend — with offices closed Monday, the deadline for next week's tour gets pushed up to Friday.  So in essences, you're seeing next week's early listings this week.

But regardless of how we got there, it was a great week for new listings! There are some really interesting options for those of you holding out for a 3BR home, even a few in White Oaks and Howard Park (finally!)

Open House

Looking at open houses this weekend in San Carlos? This one link is all you need: The San Carlos Open House Page. With one click, you get a “live” list of all the homes and condos that will be open this weekend in San Carlos! It's updated continuously from the MLS, so bookmark this link and you'll never have to wander around town looking for open houses again.

Here's a snapshot of the San Carlos single family home market, as of 5/29. The previous week's stats are in parentheses:

Price Range	Active	Pending	Ratio
< $1M	33 (26)	28 (29)	1.2 : 1 (0.9 : 1)
$1M –$1.5M	13 (13)	11 (11)	1.2 : 1 (1.2 : 1)
>$1.5M	11 (11)	3 (3)	3.7 : 1 (3.7 : 1)
Total	57 (50)	42 (43)	1.4 : 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.

3342 Melendy Drive

• Pictured: Sale Price: $1,385,000. Original List Price: $1,385,000. Difference: $0 (0%) from original list. Sold in 7 days. MLS# 81021311, listed by Dee Edmonds of Coldwell Banker.

191 Lyndhurst Avenue

• Sale Price: $1,330,000. Original List Price: $1,298,000. Difference: $32,000 (2.5%) above original list. Sold in 6 days. MLS# 81020254, listed by Julie Vejmola of Alain Pinel Realtors.

2085 Saint Francis Way

• Sale Price: $879,000. Original List Price: $899,000. Difference: $20,000 (2.2%) below original list. Sold in 8 days. MLS# 81021335, listed by Claire Earley of Coldwell Banker.

388 De Anza Avenue

• Sale Price: $865,000. Original List Price: $899,000. Difference: $34,000 (3.8%) below original list. Sold in 45 days. MLS# 81014478, listed by Shirley Kraus of Intero Real Estate Services.

988 Holly Street

• Sale Price: $415,000. Original List Price: $399,000. Difference: $16,000 (4.0%) above original list. Sold in 6 days. MLS#81001058, listed by Silivia Martinelli of Realty World.

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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:

• 875 Sunset Drive, after 32 days on the market.
• 2016 Eaton Avenue, after 8 days.
• 27 Pepper Lane, 6 days.
• 212 Park Avenue, 16 days.
• 104 Wycombe Avenue, 3 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.

1364 Crestview Drive

• Pictured: $1,250,000 — 3BR/2.5BA, 2,360 sq ft on a 10,824 square foot lot. MLS# 81025589. Listed by L. Harrison and J. Geyer of  Carlmont Associates.

135 Dolton Avenue

• $1,199,000 — 4BR/4BA, 2,100 sq ft on a 12,598 square foot lot. MLS# 81026431. Listed by Violaine Mraihi of Coldwell Banker.

17 Sunnydale Avenue

• $995,000 — 3BR/3BA, 1,530 sq ft on a 6,000 square foot lot. MLS# 81025572. Listed by Annette Schendel of Peninsula Homes Realty.

790 Knoll Drive

• $990,000 — 3BR/3BA, 2,260 sq ft on a 7,912 square foot lot. MLS# 81026436. Listed by Justine Ford of RE/MAX Today.

1651 Alameda de las Pulgas

• $968,999 — 3BR/3BA, 1,690 sq ft on a 4,480 square foot lot. MLS#81026349.  Listed by Greg Pierce of Intero Real Estate Services.

420 Park Avenue

• $889,000 — 3BR/2BA, 1,575 sq ft on a 6,555 square foot lot. MLS# 81026526.  Listed by Claire Haggarty of NBT Realty Services.

369 Glenwood Street

• $799,000 — 4BR/2.5BA, 1,860 sq ft on a 8,700 square foot lot. MLS# 81026483 .  Listed by John Shroyer of RE/MAX Today.

132 Palm Avenue

• $790,000 — 2BR/1BA, 1,070 sq ft on a 4,512 square foot lot. MLS# 81026189. Listed by Scott Maskel of Intero Real Estate Services.

54 Bayport Court

• $759,888 — 3BR/2BA, 1,420 sq ft on a 5,400 square foot lot. MLS# 81026189. Listed by Tony Gabb of RE/MAX Star Properties.

10 Bayview Drive

• $759,000 — 3BR/2BA, 1,870 sq ft on a 6,864 square foot lot. MLS# 81026517. Listed by Rob Wall of Coldwell Banker.

104 Wycombe Avenue

• $749,000 — 3BR/2BA, 1,530 sq ft on a 5,500 square foot lot. MLS# 81025599. Listed by Lizbeth Rhodes of Alain Pinel Realtors.  Already pending sale!

165 Madera Avenue

• $699,000 — 3BR/2.5BA, 1,600 sq ft on a 22,000 square foot lot. MLS#81025830 . Listed by Paul Phangureh of Keystone Realtors.

2683 San Carlos Avenue

• $559,000 — 3BR/2BA, 1,610 sq ft on a 7,548 square foot lot. MLS# 81025831 . Listed by Wayne Gordillo of Prudential California Realty..

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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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