The San Carlos Real Estate Week in Review: 10/16/10
October 18, 2010
Inventory Analysis.
Activity picked up a bit this past week with a healthy number of homes going into contract. There was a pretty interesting spread in the days on market for the homes that went pending — one sold in a single day (off market, basically) and at the other extreme it took 241 days to get one into contract. New inventory continues to come onto the market, which is great news for buyers. Should make for another interesting week in San Carlos
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 10/16. The previous week's stats are in parentheses:
| Price Range | Active | Pending | Ratio |
|---|---|---|---|
| < $1M | 35 (37) | 25 (23) | 1.4 : 1 (1.6 : 1) |
| $1M –$1.5M | 19 (17) | 10 (9) | 1.9 : 1 (1.9 : 1) |
| >$1.5M | 8 (9) | 1 (1) | 8 : 1 (9 : 1) |
| Total | 62 (63) | 36 (33) | 1.7 : 1 (1.9 : 1) |
Single-Family Homes Sold in San Carlos:
Below is a list of the single-family homes that sold this past week in San Carlos. Click on the address of each to see the complete details.
| Address | Sold Price | Orig. List | Difference | DOM |
|---|---|---|---|---|
| 2063 Alma Street |
$1,000,000 | $950,000 | $50,000 (+5.3%) | 1 |
| 916 Rosewood Avenue | $990,000 | $938,000 | $52,000 (+5.5%) | 6 |
| 131 Molton Avenue | $880,000 | $900,000 | $20,000 (-2.2%) | 43 |
| 2428 San Carlos Avenue | $759,000 | $799,000 | $40,000 (-5.0%) | 50 |
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Single-Family Homes Pending Sale in San Carlos:
The following homes went “Pending Sale” this week — click on the address or the MLS # of each for additional info:
| Address | DOM (days) | MLS # |
|---|---|---|
| 120 Palm Avenue |
241 | 81006601 |
| 2056 Eucalyptus Avenue | 4 | 81049364 |
| 232 Oakview Drive | 10 | 81048501 |
| 8 Ensenda Road |
33 | 81044993 |
| 130 Valley Road | 5 | 81049539 |
| 2694 Thornhill Drive | 190 | 81047995 |
(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 the complete details.
| Address | List Price | BR/BA | Sq Ft (home/lot) | Listed By |
|---|---|---|---|---|
| 1753 Alameda de las Pulgas |
$1,295,000 | 5BR/3.5BA | 2,840/4,980 | David Sciplin, Wonderagents |
| 2911 Eaton Avenue |
$1,275,000 | 4BR/2.5BA | 2,520/8,560 | Gordon Burton, Cashin Company |
| 1633 Brittan Avenue |
$975,000 | 4BR/2.5BA | 1,840/6,120 | Marie Delucchi, Cashin Company |
| 130 Valley Road | $859,000 | 3BR/1.5BA | 1,330/6,160 | Joyce Romeo, Intero |
| 34 Stanford Lane | $769,000 | 2BR/1BA | 1,170/4,400 | John Heinzel, Heinzel Real Estate |
| 349 Laurel Street | $695,000 | 3BR/2BA | 1,370/10,044 | Joanne Totah, Better Homes & Gardens |
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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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