The San Carlos Real Estate Week in Review: 10-15-11.
October 17, 2011
San Carlos Real Estate Summary.
If you doubt the strength of the San Carlos real estate market, do so at your own peril. This past week reminded all of us that the market for certain homes is still very hot, even this late in the year. This past week, the homes at 1832 Chestnut Street, 2072 Arroyo Avenue, and 1020 Crestview Drive all sold with multiple offers in only their first week on the market! If you happen to be in the market for a nice 3BR home in San Carlos, this should serve as a reminder that you've got to stay on top of the listings as they come up, and be prepared to move quickly and decisively in this market. As the events of the past few weeks have show, there's still more competition than there are available homes.
Here's a quick snapshot of the inventory of San Carlos single family homes as of 10-15-2011:
|Active Listings||46||48 (-4.2%)|
|Average Price of Active Listings||$971,336||$966,655 (+0.5%)|
|Average DOM of Active Listings||64||64|
|No. of Homes Pending Sale||38||39 (-2.6%)|
||1.2 : 1||1.2 : 1|
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 home contracts that closed escrow this past week in San Carlos. Click on the address of each to see the complete details.
|Address||Sold Price||Orig. List||Difference||DOM|
|2246 Carmelita Drive||$1,550,000||$1,528,000||+$22,000 (+1.4%)||13|
|204 Devonshire Boulevard
|141 Exeter Avenue||$1,175,000||$1,248,000||-$73,000 (-5.8%)||16|
|3101 Brittan Avenue||$1,100,000||$1,048,000||+$52,000 (+5.0%)||15|
|1912 Howard Avenue||$988,000||$949,999||+$38,001 (+4.0%)||8|
|309 Emerald Avenue
|3191 Brittan Avenue||$925,000||$899,000||+$26,000 (+2.9%)||6|
|2100 Eaton Avenue||$904,000||$895,000||+$9,000 (+1.0%)||7|
|1480 Cordilleras Avenue||$875,000||$875,000||$0 (0%)||9|
— Here are some key statistics on the sales that closed this week:
|Closed Sales Stats||10-15-11||Prior Week|
|# Closed Sales||9||5|
|# of Sales Below List (% of total)||3 (33%)||4 (80%)|
|SP/Orig List %||97%||90%|
|Average DOM of Closed Sales||20||76|
(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 any of these homes for additional info:
|Address||DOM (days)||List Price|
|3 Plymouth Avenue
|1464 Oakhurst Avenue
|959 Holly Street
|1020 Crestview Drive
|1492 Walnut Street||49||$929,000|
|349 Hill Way
|1832 Chestnut Street||7||$958,000|
|2072 Arroyo 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|
|934 Woodland Avenue
||$1,315,000||3BR/2BA||2,030/9,460||David Young, Coldwell Banker|
|3261 Melendy Drive
||$1,249,950||4BR/2.5BA||3,070/8,450||Dave Blewett, Intero|
|1265 Eaton Avenue
||$998,000||3BR/2.5BA||1,470/7,000||John Reese, Intero|
|1125 Rosewood Avenue||$879,000||3BR/2BA||1,430/4,800||Justine Ford, Today Sothebys|
|940 Tamarack Avenue||$780,000||3BR/1BA||1,240/5,720||Shahla Piff, Century 21|
|327 Fairfield Drive||$399,000||2BR/1BA||820/5,000||Vince Cardinale, Intero|
(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|
|3366 La Mesa Drive #1||$390,000||$395,000||-$5,000 (-1.3%)
(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:
|1001 Laurel Street #213||53|
(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|
|618 Walnut Street #301
||$598,000||2BR/2BA||1,258||Howard Clark, Dumas & Company|
|2987 Melendy Drive #1||$499,000||2BR/1BA||1,570||David Young, 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.
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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.)