The San Carlos Real Estate Week in Review: 10-22-11.

San Carlos Real Estate Summary.

You can almost feel the late days of fall starting to cool off the housing market in San Carlos just a bit — as it always does this time of year.   As we get within a month Thanksgiving, you expect to see fewer new listings and fewer homes going into contract.  That was definitely the case this week — only 3 new listings and 4 pending sales.   That's less than half the run-rate we were at just a few weeks ago.  But statistically, this market always slows down about now.  That doesn't mean you should stop looking to purchase a home in San Carlos –it just means you can expect to have less new inventory to choose from until about January when things start to crank up for the new year.

Here's a quick snapshot of the inventory of San Carlos single family homes as of 10-22-2011:

Inventory	10-22-11	Prior Week
Active Listings	47	46 (+2.2%)
Average Price of Active Listings	$950,793	$971,336 (-2.1%)
Average DOM of Active Listings	71	64
No. of Homes Pending Sale	37	38 (-2.6%)
Active:Pending Ratio	1.3 : 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
20 Ensenada Road	$975,000	$948,500	+$26,500 (+2.8%)	118
3181 La Mesa Drive	$905,000	$897,000	+$6,000 (+0.7%)	13
324 Emerald Avenue	$882,000	$928,000	-$46,000 (-5.0%)	45
136 Chestnut Avenue	$845,000	$870,000	-$25,000 (-2.9%)	32
258 Cedar Street	$699,000	$699,000	$0 (0%)	17

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

Closed Sales Stats	10-22-11	Prior Week
# Closed Sales	5	5
# of Sales Below List (% of total)	2 (40%)	3 (33%)
SP/Orig List %	99%	97%
Average DOM of Closed Sales		20

(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 any of these homes for additional info:

Address	DOM (days)	List Price
145 Wildwood Avenue	20	$699,000
815 Buckland Avenue	62	$1,050,000
162 Rockridge Road	20	$1,575,000
123 Rockridge Road	88	$1,049,000

(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
131 Northam Avenue	$949,000	4BR/3BA	2,430/5,600	Greg Booth, NetEquity
1047 Northwood Drive	$825,000	4BR/2BA	2,110/5,000	Judy Citron, Alain Pinel Realtors
1005 Lupin Way	$788,888	3BR/1.5BA	1,345/10,600	Lorelei Keim, Coldwell Banker

(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)
12 Calypso Lane	32

(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
1700 San Carlos Avenue #201	$339,000	2BR/2BA	1,300	Sean Clar, RE/MAX

(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.

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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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