The San Carlos Real Estate Week in Review: 11/20/10
November 21, 2010
Inventory Analysis.
Inventory dropped to below 60 for the first time in many weeks. Between six homes being purchased the past week and a few listings that were pulled back off the market, we're down to 58 homes on the active list. With a short holiday week ahead, I don't expect that the numbers will change much in the next report. But I do expect that this holiday season (Thanksgiving — New Year's) will be busier than what we've seen in the past. Some sellers who at this point in the year would normally just wait until the spring buying season to list their home either aren't waiting, or can't afford to wait. And we all know the buyers are still out there. I think December activity will be a pleasant surprise.
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 11/20. The previous week's stats are in parentheses:
Price Range | Active | Pending | Ratio |
---|---|---|---|
< $1M | 31 (39) | 23 (20) | 1.3 : 1 (2.1 : 1) |
$1M –$1.5M | 21 (22) | 9 (9) | 2.3 : 1 (2.4 : 1) |
>$1.5M | 6 (6) | 2 (2) | 3 : 1 (3 : 1) |
Total | 58 (67) | 34 (31) | 1.7 : 1 (2.2 : 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 |
---|---|---|---|---|
760 Crestview Drive |
$1,325,000 | $1,425,000 | $100,000 (-7.0%) | 21 |
232 Oakview Drive |
$1,135,000 | $1,225,000 | $90,000 (-7.3%) | 10 |
130 Valley Road | $867,000 | $859,000 | $8,000 (+1.0%) | 5 |
49 Fay Avenue |
$763,000 | $789,000 | $26,000 (-3.3%) | 21 |
2694 Thornhill Drive |
$745,000 | $759,000 | $14,000 (-1.8%) | 190 |
8 Ensenada Road |
$732,500 | $795,000 | $62,500 (-7.9%) | 33 |
___________________________________________________________________
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 # |
---|---|---|
281 Club Drive |
43 | 81048418 |
120 Devonshire Boulevard | 23 | 81051585 |
1633 Brittan Avenue | 35 | 81049872 |
2042 Saint Francis Way | 14 | 81053397 |
112 Madera Avenue | 14 | 81053283 |
176 Sunnydale Avenue | 21 | 81052293 |
(Click the “Homes Pending Sale” button below to see ALL the homes that are Pending Sale in San Carlos.)
___________________________________________________________________
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 |
---|---|---|---|---|
1933 Eaton Avenue |
$1,150,000 | 3BR/3BA | 2,030/8,150 | Dante Drummond, Coldwell Banker |
1714 Elizabeth Street |
$1,050,000 | 3BR/2BA | 1,950/6,240 | David Young, Coldwell Banker |
1516 Saint Francis Way |
$989,000 | 3BR/2BA | 1,620/5,000 | Donna Damelio, McGuire Real Estate |
2388 Brittan Avenue |
$775,000 | 3BR/2BA | 1,370/7,500 | Alan Trujillo, Coldwell Banker |
1100 Cedar Street |
$749,000 | 2BR/1BA | 880/6,000 | Justine Ford, Today Sothebys |
___________________________________________________________________
(The “San Carlos Week in Review” series is a summary of new listings and home sales in San Carlos for the prior week.)
———————————————
Posted in: