The San Carlos Real Estate Week in Review: 8/22/10

Inventory Analysis.

School is back in session for most of the local high schools, and San Carlos School District gets back in session next week.   That means vacations are over for many, and usually means the end of the August siesta that the real estate market seems to take every year.   This August is certainly bucking the trend from previous years, though, as sales activity has remained solid throughout the summer.   That leads me to believe that the September – November fall market will be healthy.  We'll soon see, because it's right around the corner.

Open House?

If you're looking at open houses this weekend in San Carlos here's the only link you'll 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 8/22. The previous week's stats are in parentheses:

Price Range	Active	Pending	Ratio
< $1M	36 (35)	15 (18)	2.3 : 1 (1.9 : 1)
$1M –$1.5M	16 (14)	8 (9)	2 : 1 (1.6 : 1)
>$1.5M	11 (13)	3 (1)	3.7 : 1 (13 : 1)
Total	63 (62)	26 (28)	2.4 : 1 (2.2 : 1)

Single-Family Homes Sold in San Carlos:

Below are the single-family homes that sold this past week in San Carlos.

31 Eaton Villa Place (pictured). Sale Price: $1,225,000. Original List Price: $1,225,000. Difference: $0 (0.2%) from original list. Sold in 0 days. MLS# 81041173, listed by Laura Bertolacci of RE/MAX Today.

233 Clifton Avenue. Sale Price: $1,075,000. Original List Price: $1,073,000. Difference: $2,000 (0.2%) above original list. Sold in 6 days. MLS# 81034025, listed by Zarine Batliwalla of Prudential California Realty

711 Cordilleras Avenue. Sale Price: $1,006,000. Original List Price: $939,000. Difference: $67,000 (7.1%) above original list. Sold in 10 days. MLS# 81033972, listed by Patrick Ryan of Alain Pinel Realtors.

104 Baytree Road. Sale Price: $900,000. Original List Price: $988,000. Difference: $88,000 (13.6%) below original list. Sold in 83 days. MLS# 81023930, listed by Joan Flood of Alain Pinel Realtors.

921 Rosewood Avenue. Sale Price: $852,000. Original List Price: $749,950. Difference: $102,050 (8.9%) above original list. Sold in 4 days. MLS# 81035259, listed by Maxine Dumas of Dumas & Company.

1547 Elm Street. Sale Price: $705,000. Original List Price: $659,000. Difference: $46,000 (7.0%) above original list. Sold in 0 days. MLS# 81035945, listed by Mike and Sandy Rostad of Coldwell Banker.

220 Winding Way. Sale Price: $160,000. Original List Price: $259,900. Difference: $99,900 (38.4%) below original list. Sold in 129 days. MLS# 81014536, listed by John Lee of MRL Group.

(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 MLS # for more info:

139 Rockridge Road, after 70 days on the market. MLS# 81028089.
112 Wildwood Avenue, after 161 days. MLS# 81010779.
982 Holly Street, 12 days. MLS# 81038664.

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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 MLS # of each home to get all the details.

1456 White Oak Way (pictured): $1,395,000 — 3BR/2BA, 2,100 sq ft on a 5,750 square foot lot. MLS# 81040506. Listed by Loren Dakin of Coldwell Banker.

2520 Melendy Drive: $1,250,000 — 4BR/3BA, 2,580 sq ft on a 7,255 square foot lot. MLS# 81041446. Back on the market under a different brokerage.  Listed by David Young of Coldwell Banker.

220 Bayview Drive: $999,888 — 4BR/3BA, 1,940 sq ft on a 10,620 square foot lot. MLS# 81041506. Back on the market under a different brokerage.  Listed by Dave Blewett of Intero Real Estate Services.

1125 Woodland Avenue: $970,000 — 3BR/2BA, 1,513 sq ft on a 4,880 square foot lot. MLS# 81041316. Listed by Laura Bertolacci of RE/MAX Today.

1466 Belmont Avenue: $939,000 — 3BR/2BA, 1,430 sq ft on a 5,550 square foot lot. MLS# 81040502. Listed by Justine Ford of RE/MAX Today.

156 Plymouth Avenue: $789,000 — 2BR/1BA, 1,030 sq ft on a 4,428 square foot lot. MLS# 81041347. Listed by John Shroyer 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.)

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