The San Carlos Real Estate Week in Review: 6-4-11.
June 5, 2011
Summary.
‘Balance' is probably the best word to describe the San Carlos real estate market over the past few weeks. No matter how busy (or not) it seems to get in a particular week, the number of new listings and the number of pending sales have been tracking very closely — and this week is no different. Net result of this is that the inventory of available single-family homes in San Carlos has been oscillating closely around the 60-mark consistently for a number of weeks. that balance is good for the market in general — the swings haven't been so large as to cause a panic in either direction.
Here's a quick snapshot of the inventory of San Carlos single family homes as of 6-4-2011:
| Inventory | 6-4-11 | Prior Week |
|---|---|---|
| Active Listings | 58 | 60 (-3.3%) |
| Average DOM of Active Listings | 72 | 69 |
| Homes in Contract | 54 | 55 (-1.8%) |
| Ratio Active/Pending | 1.1 : 1 | 1.1 : 1 |
San Carlos Market Report.
Click here to download this week's edition of the Altos Research Market Report: San Carlos Market Report 6-4-2011
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 |
|---|---|---|---|---|
| 176 Sunnydale Avenue |
$1,198,000 | $1,198,000 | $0 (0.0%) | 7 |
| 125 Sunnydale Avenue |
$1,071,000 | $999,000 | +$72,000 (+7.2%) | 7 |
| 141 Palm Avenue |
$1,025,000 | $995,000 | +$30,000 (+3.0%) | 4 |
| 723 Cordilleras Avenue |
$885,000 | $945,000 | -$60,000 (-6.3%) | 35 |
| 115 De Anza Avenue |
$850,000 | $879,000 | -$29,00 (-3.3%) | 56 |
| 2236 Howard Avenue |
$679,000 | $699,000 | -$20,000 (-2.9%) | 41 |
— Here are some key statistics on the sales that closed this week:
| Closed Sales Stats | 6-4-11 | Prior Week |
|---|---|---|
| # Closed Sales | 6 | 10 |
| # of Sales Below List (% of total) | 3 (50%) | 6 (60%) |
| SP/Orig List % | 99.8% | 99% |
| Average DOM of Closed Sales | 25 | 22 |
___________________________________________________________________
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 |
|---|---|---|
| 163 Ruby Avenue |
24 | $799,000 |
| 2452 San Carlos Avenue |
80 | $729,000 |
| 232 Windsor Drive |
55 | $799,000 |
| 973 Cherry Street |
22 | $539,900 |
| 129 Vista Del Grande |
58 | $1,263,000 |
| 81 Highland Avenue |
10 | $799,000 |
___________________________________________________________________
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 |
|---|---|---|---|---|
| 17 Michael Court |
$1,149,888 | 4BR/2.5BA | 1,990/8,700 | Howard Clark, Dumas & Company |
| 2067 Saint Francis Way |
$1,100,000 | 3BR/2BA | 1,570/5,550 | John Shroyer, Today Sothebys |
| 100 Kelton Avenue |
$949,000 | 3BR/2BA | 1,620/6,696 | Valerie Dakin, Coldwell Banker |
| 22 Primrose Lane |
$949,000 | 4BR/3BA | 1,750/6,992 | Denise Aquila, Alain Pinel Realtors |
| 81 Cedar Street |
$699,000 | 3BR/1BA | 1,330/5,700 | Chuck Gillooley, Alain Pinel Realtors |
___________________________________________________________________
(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: