The San Carlos Real Estate Week in Review: 8-6-11.
August 8, 2011
San Carlos Real Estate Summary.
The market shrugged off one close call this week, as we avoided the default of our national debt by a matter of days. This upcoming week, it must now digest the drop in the country's credit rating in the wake of the latest financial problems. All things considered, the San Carlos real estate market performed admirably in spite of all of these challenges. Homes still sold briskly, with 4 homes going into contract after being on the market for about a week or less. 2211 Howard Avenue sold after getting 7 offers. So clearly, many buyers are still bullish about the future.
Here's a quick snapshot of the inventory of San Carlos single family homes as of 8-6-2011.
|Active Listings||54||59 (-8.5%)|
|Average Price of Active Listings||$999,658||$1,031,521 (-3.1%)|
|Average DOM of Active Listings||66||65|
|No. of Homes Pending Sale
|Ratio of Active:Pending||1.5 : 1||1.6 : 1|
San Carlos Market Report.
Click here to download this week's edition of the Altos Research Market Report: San Carlos Market Report 8-6-2011
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|
|129 Vista Del Grande
|3031 Brittan Avenue||$950,000||$939,000||+$11,000 (+1.2%)||5|
— Here are some key statistics on the sales that closed this week:
|Closed Sales Stats||8-6-11||Prior Week|
|# Closed Sales||2||4|
|# of Sales Below List (% of total)||1 (50%)||2 (50%)|
|SP/Orig List %||94.8%||98.8%|
|Average DOM of Closed Sales||31||33|
(Click the “Homes Sold” button below see all of the homes that have sold in San Carlos in the past 3 months.)
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|
|1061 Crestview Drive||26||$899,000|
|11 Dickens Court||6||$1,198,000|
|3443 Brittan Avenue||5||$1,275,521|
|2211 Howard Avenue||8||$899,000|
|1005 Hall Street||98||$524,995|
|237 Oakview Drive||7||$1,150,000|
|742 Cordilleras Avenue||101||$895,000|
|104 Exeter Avenue||98||$1,599,000|
(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|
|20 Pepper Lane
||$875,000||3BR/2BA||1,450/8,400||George Chopoff, RE/MAX Star|
|979 Orange Avenue||$760,000||2BR/1BA||1,380/5,500||Carl Wuestehube, Tri-Star Realty|
|1450 Cedar Street
||$715,000||2BR/1BA||1,170/4,620||Leila Sisneros, Today Sothebys|
|315 Old County Road||$658,000||2BR/1BA||1,020/5,000||Abe Matar, Landmark Real Estate|
|2008 Greenwood Avenue||$632,000||2BR/1BA||1,020/5,960||Penny Stebbins, RE/MAX Star|
(Click the “Homes For Sale” button below to see ALL of the homes currently for Sale in San Carlos.)
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|
|1700 San Carlos Avenue #204||$225,000||$308,888||-$83,888 (-27.2%)||223|
(Click the “Condos Sold” button below to see all of the condos and townhomes that have recently sold in San Carlos)
Condo/Townhouse Pending Sales in San Carlos
The following condos/townhouses are now pending sale:
|3338 La Mesa Drive #6||170|
|3003 Melendy Drive #3||371|
|728 Elm Street #303||171|
|6 Geranium Lane
(Click the “Condos Pending Sale” button below to see all of the condos and townhomes that are pending sale in San Carlos)
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|
|432 Portofino Drive, #404||$599,000||2BR/2BA||1,655||Royce Cablayan, 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)
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.
Want Your Data Sooner?
Follow the White Oaks Blog on Twitter where I post San Carlos home sales updates as they happen. Just click on the Twitter button below.
Interested in more information on San Carlos? Become a fan of the White Oaks Blog Page on Facebook . Just click on the Facebook button below.
(The “San Carlos Week in Review” series is a summary of new listings and home sales in San Carlos for the prior week.)