The San Carlos Real Estate Week in Review: 11-19-11.
November 20, 2011
San Carlos Real Estate Summary.
Buyers braved the elements this week to check out a few new listings before the holiday week. Mike Hirner's new listing at 387 Elm Street was especially busy with both buyers and brokers alike viewing it non-stop on Friday and Saturday. That is one of the benefits of listing a home when there's relatively little competition — look for a blog post coming up about listing your home in January, which essentially discusses the same premise.
Here's a quick snapshot of the inventory of San Carlos single family homes as of 11-19-2011:
| Inventory | 11-19-11 | Prior Week |
|---|---|---|
| Active Listings | 42 | 43 (-2.3%) |
| Average Price of Active Listings | $974,882 | $969,158 (+0.6%) |
| Average DOM of Active Listings | 79 | 80 |
| No. of Homes Pending Sale | 31 | 31 (0%) |
| Active:Pending Ratio |
1.4 : 1 | 1.4 : 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 |
|---|---|---|---|---|
| 1832 Chestnut Street |
$1,019,000 | $958,000 | +$61,000 (6.4%) | 7 |
| 162 Rockridge Road |
$1,535,000 | $1,575,000 | -$40,000 (-2.5%) | 20 |
| 1020 Crestview Drive | $1,020,000 | $979,000 | +$41,000 (+4.2%) | 6 |
| 1492 Walnut Street |
$908,500 | $979,000 | -$70,500 (-7.2%) | 49 |
| 119 Winding Way |
$800,000 | $849,950 | -$49,950 (-5.9%) | 28 |
— Here are some key statistics on the sales that closed this week:
| Closed Sales Stats | 11-19-11 | Prior Week |
|---|---|---|
| # Closed Sales | 5 | 4 |
| # of Sales Below List (% of total) | 3 (60%) | 1 (25%) |
| SP/Orig List % | 100% | 99% |
| Average DOM of Closed Sales | 22 | 7 |
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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 |
|---|---|---|
| 940 Holly Street |
59 | $489,000 |
| 3261 Melendy Drive |
35 | $1,224,950 |
| 18 Maple Way |
13 | $789,000 |
| 428 Sycamore Street |
41 | $699,000 |
| 1636 Cordilleras Avenue | 13 | $850,000 |
| 2611 Thornhill Drive |
73 | $611,000 |
| 3024 Brittan Avenue |
131 | $788,800 |
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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 |
|---|---|---|---|---|
| 387 Elm Street | $1,089,000 | 3BR/2BA | 2,060/8,000 | Mike Hirner, Alain Pinel Realtors |
| 2662 Eaton Avenue | $988,000 | 3BR/2BA | 1,590/8,250 | David Young, Coldwell Banker |
| 1500 Howard Avenue | $899,000 | 3BR/2BA | 1,520/4,960 | Diane Wilson, Prudential |
| 735 Orange Avenue | $799,000 | 2BR/1BA | 1,100/5,750 | Cameron Thompson, Alain Pinel Realtors |
| 942 Montgomery Street |
$499,000 | 2BR/1BA | 910/5,000 | Bryan Jacobs, RealSmart |
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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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