The San Carlos Real Estate Week in Review: 12-10-11.

San Carlos Real Estate Summary.

It was downright quiet this past week in San Carlos, with not a single new listing to add to the already dwindling inventory.    Speaking of which, that particular list is now down to 35 homes in San Carlos, and will very likely drop before it starts to rise again in the new year.   We've seen inventory levels drop below the 30-mark at this time of the year, so it's quite possible it may happen again this year.

Here's a quick snapshot of the inventory of San Carlos single family homes as of 12-10-2011:

Inventory	12-10-11	Prior Week
Active Listings	35	41 (-6.3%)
Average Price of Active Listings	$965,630	$984,892 (-2%)
Average DOM of Active Listings	85	90
No. of Homes Pending Sale	30	29 (+3.4%)
Active:Pending Ratio	1.2 : 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
1125 Rosewood Avenue	$835,000	$879,000	-$44,000 (-5.0%)	25
24 Plymouth Avenue	$600,000	$659,000	-$59,000 (-9.0%)	68

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

Closed Sales Stats	12-10-11	Prior Week
# Closed Sales	2	7
# of Sales Below List (% of total)	2 (100%)	4 (57%)
Sold Price vs Orig List (%)	93%	97%
Average DOM of Closed Sales	47	72

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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
1306 Cordilleras Avenue	90	$650,000
2985 Eaton Avenue	90	$1,895,000
980 Hall Street	9	$425,000

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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
—	$-	—	—	—

 

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