The San Carlos Real Estate Week in Review: 12/4/10
December 5, 2010
Summary.
The “5's” have it this week: 5 new listings, and 5 homes went into contract. So it's no surprise that the inventory stayed steady right at 54 active listings. Still, not bad considering we're squarely in December now. Buyers are still out in good numbers looking to lock in a home before rates start to creep upward.
I'm adding a new feature to the report this week: The San Carlos Market Report. It's a concise, single-page report that's compiled each week for APR by Altos Research. If you're familiar with their style of report, you know their very numbers-driven. Each week's report will be available for download in the next section. I hope you find the information useful.
San Carlos Market Report.
Click here for this week's edition of the Market Report: The San Carlos Market Report 12-4-10
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 12/4/2010. The previous week's stats are in parentheses:
| Price Range | Active | Pending | Ratio |
|---|---|---|---|
| < $1M | 28 (27) | 22 (25) | 1.3 : 1 (1.1 : 1) |
| $1M –$1.5M | 22 (21) | 9 (8) | 2.4 : 1 (2.6 : 1) |
| >$1.5M | 4 (6) | 1 (1) | 4 : 1 (6 : 1) |
| Total | 54 (54) | 32 (34) | 1.7 : 1 (1.6 : 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 |
|---|---|---|---|---|
| 210 Manor Drive |
$830,000 | $839,000 | $9,000 (-1.1%) | 24 |
| 1316 Rosewood Avenue |
$780,000 | $789,000 | $9,000 (-1.1%) | 7 |
| 120 Palm Avenue | $730,000 | $750,000 | $20,000 (-2.7%) | 241 |
| 371 Fairfield Drive |
$540,000 | $559,000 | $19,000 (-3.3%) | 46 |
(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 or the MLS # of each for additional info:
| Address | DOM (days) | MLS # |
|---|---|---|
| 216 Frances Lane |
79 | 81044801 |
| 349 Laurel Street | 49 | 81049582 |
| 1714 Elizabeth Street | 17 | 81054421 |
| 124 Acacia Court | 84 | 81044438 |
| 230 Hillcrest Road | 140 | 81034758 |
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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 |
|---|---|---|---|---|
| 236 Oakview Drive |
$1,179,000 | 4BR/3BA | 2,110/7,500 | Justine Ford, Today Sothebys |
| 125 Belvedere Avenue |
$979,000 | 3BR/2BA | 1,430/4,600 | Scott Philip |
| 160 Oakview Drive |
$939,000 | 3BR/2BA | 1,400/4,070 | Joyce Romeo, Intero |
| 1359 Geneva Avenue |
$879,000 | 3BR/2BA | 1,330/4,040 | Claire Earley, Coldwell Banker |
| 405 Pearl Avenue |
$784,900 | 3BR/2BA | 1,430/5,452 | Samira Chalhoub, Synergy |
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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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