The San Carlos Real Estate Week in Review: 12-31-11.

San Carlos Real Estate Summary.

Well, here's the final Week in Review report for 2011.   As you'll see in the 2011 Year in Review post next week, 2011 was definitely a rebound year for the San Carlos real estate market, and the positive momentum will likely carry over into 2012.   Looking ahead into the new year, I will continue to make changes to the format of this report to keep it fresh and ensure that the data that's included in this report is the most relevant to the readers.

On that note, thank you for your continued reading of the White Oaks Blog, and I hope 2012 is the best year ever for you.  Happy New Year!

Here's a quick snapshot of the inventory of San Carlos single family homes as of 12-31-2011:

Inventory	12-31-11	Prior Week
Active Listings	30	28 (-7.1%)
Average Price of Active Listings	$1,018,000	$987,792 (+3.1%)
Average DOM of Active Listings	116	118
No. of Homes Pending Sale	32	36
Active:Pending Ratio	0.9 : 1	0.8 : 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
2662 Eaton Avenue	$1,000,000	$988,000	+$12,000 (+1.2%)	10
1443 Belmont Avenue	$984,000	$989,000	-$5,000 (-0.5%)	6
1035 Northwood Drive	$505,000	$565,000	-$60,000 (-10.6%)	133

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

Closed Sales Stats	12-31-11	Prior Week
# Closed Sales	3	0
# of Sales Below List (% of total)	2 (67%)	(0%)
Sold Price vs Orig List (%)	98%	0%
Average DOM of Closed Sales	50	0

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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
—	—	$–

 

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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
1029 Elm Street	$1,298,888	3BR/2BA	1,986/6,000	Lorelei Keim, Coldwell Banker
1119 Alameda	$749,950	2BR/1BA	1,140/11,84030	Vincent Cardinale, Intero

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