The San Carlos Real Estate Week in Review: 4-16-11.

Summary.

The San Carlos real estate market continued its torrid pace from the previous week, and “13” turned out to be our lucky number – 13 homes went into contract, and 13 new listings hit the market.   With that balance, the inventory of available homes finished right about where it started (although it varied all over the map during the week.)

And it wasn't just the new issues that went into contract this week.  The days-on-market (DOM) for the homes that went into contract ranged from 2 days all the way up to 325 days — which tells you that everything sells in its own time, and that buyers are starting to look at some of the older inventory again.   But make no mistake, multiple offers are still prevalent for the more desirable new listings.

San Carlos Market Report.

Click here to download this week's edition of the Altos Research Market Report:  San Carlos Market Report 4-16-2011

San Carlos Open House List.

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'll 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 4-16-2011:

Inventory	4-16-11	Prior Week
Active Listings	59	60 (-1.7%)
Average DOM of Active Listings	79	90
Homes in Contract	45	34 (+32%)
Ratio Active/Pending	1.3 : 1	1.8 : 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
249 Highland Avenue	$1,689,000	$1,689,000	$0 (0%)	25
125 Coventry Court	$1,270,000	$1,299,000	-$29,000 (-2.2%)	52
948 Rosewood Avenue	$1,020,000	$929,995	+$90,005 (+9.7%)	6
1055 Hewitt Drive	$991,000	$899,000	+$51,100 (+5.7%)	5

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

Closed Sales Stats	4-16-11	Prior Week
# Closed Sales	4	6
# Sales Below List (% total)	1 (25%)	2 (33%)
SP/Orig List %	103%	101%
Average DOM of Closed Sales	22	30

(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 of each for additional info:

Address	DOM (days)	List Price
1362 Geneva Avenue	24	$879,000
218 Alberta Avenue	2	$739,000
288 Club Drive	268	$1,399,000
202 Timothy Drive	81	$1,149,000
1223 Alameda	166	$550,000
909 Rosewood Avenue	31	$1,399,888
844 Bauer Court	18	$1,100,000
2433 Melendy Drive	6	$1,288,000
717 Best Court	45	$1,838,838
165 Madera Avenue	325	$749,900
2019 Eaton Avenue	3	$949,000
437 Hillcrest Road	14	$610,000
244 Ruby Avenue	5	$979,000

(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
2819 Eaton Avenue	$2,950,000	5BR/4.5BA	4,700/27,443	Sherry Lotterer, GEMS
2985 Eaton Avenue	$1,995,000	5BR/4.5BA	4,300/11,238	Maxine Dumas, Dumas & Company
10 Shratton Avenue	$1,499,000	3BR/3BA	2,610/7,700	Carlo Guglielmino, Bay Area Estates
55 Sequoia Court	$1,295,000	4BR/2.5BA	2,610/5,096	Shary and Scott, Alain Pinel Realtors
176 Sunnydale Avenue	$1,198,000	3BR/4BA	2,220/5,500	John Shroyer, Today Sothebys
1900 Eaton Avenue	$1,030,000	3BR/2.5BA	1,600/5,500	David Young, Coldwell Banker
244 Ruby Avenue	$979,000	3BR/2BA	1,700/5,500	Justine Ford, Today Sothebys
2019 Eaton Avenue	$949,000	2BR/1BA	1,620/8,476	Justine Ford, Today Sothebys
53 Maple Way	$895,000	3BR/2BA	1,430/5,550	Mahnaz Westerberg, Alain Pinel Realtors
100 Wildwood Avenue	$869,000	3BR/2BA	1,290/4,980	Dee Edmonds, Coldwell Banker
122 Hillcrest Road	$819,000	3BR/1BA	1,550/8,900	Lottie Kendall, Today Sothebys
1028 Elm Street	$679,000	3BR/2BA	1,260/6,000	Marc Romer, Today Sothebys
140 Winding Way	$598,000	3BR/1BA	880/4,590	John Shroyer, Today Sothebys

(Click the “Homes For Sale” button below to see ALL of the homes currently for Sale in San Carlos.)

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Condos and Townhomes Sold in San Carlos:

Below are the condos/townhouses that sold this past week. Click on the address for all of the details:

Address	Sold Price	Orig. List	Difference	DOM
—	$-	$-	–	–

(Click the “Condos Sold” button below to see all of the condos and townhomes that have recently sold in San Carlos)

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Condo/Townhouse Pending Sales in San Carlos

The following condos/townhouses are now pending sale:

Address	DOM (days)
3362 Brittan Avenue #13	10
939 Laurel Street #215	6
728 Elm Street #301	88

(Click the “Condos Pending Sale” button below to see all of the condos and townhomes that are pending sale in San Carlos)

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New Condo/Townhouse Listings in San Carlos:

The following condo/townhouses listed this past week. Click on the address or MLS # or all the details:

Address	List Price	BR/BA	Sq Feet	Listed By
656 Walnut Street #402	$868,868	2BR/2BA	1,688	Donna Marie Baldwin, Coldwell Banker

(Click the “Condos for Sale” button below to see all of the condos and townhomes that are currently for sale in San Carlos)

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What's Open This Weekend?

Click the “Open House” button to see ALL of the homes and condos scheduled to be open this weekend in San Carlos.

Open House in San Carlos

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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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