The San Carlos Real Estate Week in Review: 5-28-11.
May 29, 2011
Summary.
New listings took a little bit of a breather this past week, with only 3 new ones to choose from in all of San Carlos. But that lull didn't seem to deter buyers , as 11 homes were snapped up during the course of the week. And with steady traffic being reported at the open houses, it seems like there are still quite a few buyers who still haven't found their San Carlos home just yet. This steady demand should keep the market humming along through the remainder of the spring market in San Carlos.
Here's a quick snapshot of the inventory of San Carlos single family homes as of 5-28-2011:
| Inventory | 5-28-11 | Prior Week |
|---|---|---|
| Active Listings | 60 | 65 (-7.7%) |
| Average DOM of Active Listings | 69 | 63 |
| Homes in Contract | 55 | 56 (-1.8%) |
| Ratio Active/Pending | 1.1 : 1 | 1.2 : 1 |
San Carlos Market Report.
Click here to download this week's edition of the Altos Research Market Report:
The San Carlos Open House Page.
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.
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 |
|---|---|---|---|---|
| 717 Best Court |
$1,699,000 | $1,925,000 | -$226,000 (-11.7%) | 45 |
| 940 Woodland Avenue |
$1,686,000 | $1,499,000 | +$187,000 (+12.5%) | 13 |
| 844 Bauer Court |
$1,150,000 | $1,100,000 | +$50,000 (+4.5%) | 30 |
| 1732 Greenwood Avenue |
$1,095,000 | $1,098,000 | -$3,000 (-1.8%) | 16 |
| 244 Ruby Avenue |
$970,500 | $979,000 | -$8,500 (-0.9%) | 5 |
| 11 Dickens Court |
$875,000 | $875,000 | $0 (0%) | 0 |
| 100 Wildwood Avenue |
$858,000 | $869,000 | -$11,000 (-1.3%) | 14 |
| 1167 Walnut Street |
$845,000 | $845,000 | $0 (0%) | 14 |
| 21 Valley Road |
$830,000 | $865,000 | -$35,000 (-4.0%) | 77 |
| 1028 Elm Street |
$745,000 | $789,000 | -$44,000 (-5.6%) | 7 |
— Here are some key statistics on the sales that closed this week:
| Closed Sales Stats | 5-14-11 | Prior Week |
|---|---|---|
| # Closed Sales | 10 | 4 |
| # of Sales Below List (% of total) | 6 (60%) | 1 (50%) |
| SP/Orig List % | 99% | 102% |
| Average DOM of Closed Sales | 22 | 89 |
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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 |
|---|---|---|
| 1671 Belmont Avenue |
34 | $899,000 |
| 1080 Crestview Drive |
7 | $1,150,000 |
| 132 Garnet Avenue |
16 | $1,110,000 |
| 260 Beverly Drive |
12 | $799,950 |
| 212 Edgehill Drive |
9 | $615,000 |
| 3390 Melendy Drive |
8 | $899,900 |
| 1777 Elizabeth Street |
7 | $975,000 |
| 24 Bayport Court |
23 | $759,000 |
| 1135 Alameda |
321 | $599,000 |
| 3211 Melendy Drive |
18 | $1,149,000 |
| 1430 Cedar Street |
22 | $949,000 |
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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 |
|---|---|---|---|---|
| 144 Arundel Road |
$799,000 | 3BR/1BA | 1,140/9,350 | Lisa Susnow, Coldwell Banker |
| 81 Highland Avenue |
$799,000 | 3BR/3BA | 1,450/6,160 | Norma Sayage, Alain Pinel Realtors |
| 2432 San Carlos Avenue |
$798,888 | 3BR/2BA | 1,370/8,320 | Steve Larson, Westside Real Estate |
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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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