The San Carlos Real Estate Week in Review: 1/8/11

January 9, 2011


The San Carlos real estate market is slowly rolling out of its winter slumber.  Just a handful of new listings to see, and only one home that went into contract during the prior week.   All fairly normal for this time of the year.   The inventory of available homes dropped to 33, which is less than half of what it will likely be during the peak spring months.   That means the sooner you get your home on the market this year, the less competition you will have.

Low inventory is always frustrating to home buyers, but throw in the fact that the average days on the market for these 33 homes is 111 days, there truly is very little new to see in our market right now.  Hopefully that will change in the coming weeks…

San Carlos Market Report.

Click here for this week's edition of the Market Report:  San Carlos Market Report 1-8-2011

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 quick snapshot of the inventory of San Carlos single family homes as of 1/8/2011:

Inventory 1/8/2011 Prior Week
Active Listings
33 35 (-6%)
Homes in Contract
20 22 (-9%)
Ratio Active/Pending
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
2600 Howard Avenue
$1,350,000 $1,448,000 $98,000 (-6.8%) 26
2911 Eaton Avenue
$1,098,000 $1,275,000 $177,000 (-14%) 55
1714 Elizabeth Street
$1,050,000 $1,050,000 $0 (0%) 17

Here are some key statistics on the sales that closed this week:

Closed Sales Stats
1/8/2011 Prior Week
# Closed Sales
3 2
# Sales Below List (% total) 2 (67%) 2 (100%)
SP/Orig List % 93% 94%
Average DOM of Closed Sales
33 39


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)
1359 Geneva Avenue

(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
15 Whitman Court
$1,069,000 3BR/2BA 2,010/8,024 Goldie Morabito, Coldwell Banker
517 Vista Avenue
$1,049,950 4BR/2BA 1,880/5,600 David Blewett, Intero


(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:

Leave a Comment