The San Carlos Real Estate Week in Review: 3-10-12.
March 12, 2012
San Carlos Real Estate Summary.
The San Carlos real estate market got a much needed shot in the arm this week — a total of 12 new listings launched at various times this week, making for a very busy open house weekend for buyers and agents alike. This total easily made it the biggest single listing week so far this year, and helped push the available inventory of homes upward by over 40% from last week. Hopefully the momentum will continue this week, as we're still below our seasonal average. And there's certainly no shortage of buyers ready to snap up this new inventory.
Here are the numbers for this past week…
By The Numbers.
Below is a high-level snapshot of the market performance for single-family residences in San Carlos. This data is for the week ending 3-10-2012:
| San Carlos Housing Data | 3-10-12 | Prior Week |
|---|---|---|
| Closed Sales for the Week: |
7 | 9 |
| Average Sold Price |
$851,286 | $998,111 (-14.7%) |
| Average $/Sq Foot |
$518 | $555 |
| Sold Price vs Orig List (%) | 97% | 102% |
| Average DOM of Closed Sales | 66 | 28 |
| Inventory of Active Listings: |
36 | 25 (44%) |
| Average Price of Active Listings: | $1,268,656 | $1,127,082 (+12.6%) |
| Average DOM of Active Listings: | 49 | 77 |
| No. of Homes Pending Sale: | 34 | 38 |
| Active-Pending Ratio: |
1.1 : 1 | 0.6 : 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:
41 Pine Avenue, 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 |
|---|---|---|---|---|
| 41 Pine Avenue |
$1,088,000 | $1,149,000 | -$61,000 (-5.3%) |
20 |
| 428 Sycamore Street | $931,000 | $880,000 | +$51,000 (+0.5%) |
6 |
| 12 Robin Way | $850,000 | $849,000 | +$1,000 (+0.1) |
208 |
| 228 Park Avenue | $800,000 | $749,950 | $50,050 (+6.7%) |
10 |
| 353 Clifton Avenue |
$750,000 | $799,000 | -$49,000 (-6.1%) |
15 |
| 1005 Lupin Way |
$740,000 | $788,888 | -$48,888 (-6.2%) |
90 |
| 1500 Howard Avenue |
$800,000 | $899,000 | -$99,000 (-11.0%) |
111 |
(Click the “Homes Sold” sign below see all of the homes that have sold in San Carlos in the past 3 months.)
Homes Sold in San Carlos
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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 |
|---|---|---|
| 1500 Howard Avenue |
111 | $889,000 |
| 133 Brook Street |
0 | $750,000 |
| 1061 Crestview Drive |
247 | $890,000 |
| 1837 Howard Avenue |
15 | $1,500,000 |
(Click the “Homes Pending Sale” sign below to see ALL the homes that are Pending Sale in San Carlos.)
Homes Pending Sale in San Carlos
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New Single-Family Home Listings in San Carlos:
1999 Eaton Avenue, 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 |
|---|---|---|---|---|
| 1999 Eaton Avenue | $1,950,000 | 4BR/3BA | 2,430/8,400 | David Young, Coldwell Banker |
| 244 Exeter Avenue | $1,539,950 | 3BR/3.5BA | 2,795/8,700 | Barney Colangelo, Intero |
| 2713 Clifford Avenue | $1,089,000 | 4BR/3BA | 2,820/13,068 | Sharon Gerbing, Alain Pinel Realtors |
| 238 Crestview Drive | $1,088,800 | 4BR/3BA | 2,500/8,560 | Adele Della-Santina, Coldwell Banker |
| 144 Wildwood Avenue | $1,050,000 | 4BR/2.5BA | 2,050/6,000 | G. Chechopoulos, Better Homes |
| 505 Dartmouth Avenue | $1,049,000 | 4BR/2.5BA | 2,270/7,101 | Justine Ford, Today Sothebys |
| 1357 Woodland Avenue | $968,000 | 3BR/2BA | 1,480/4,920 | Dorothy Gurwitz, Coldwell Banker |
| 438 De Anza Avenue | $869,888 | 3BR/3BA | 1,520/4,950 | Howard Clark, Dumas & Company |
| 128 Beverly Drive | $849,000 | 3BR/1.5BA | 1,220/5,750 | Bob Bredel, Today Sothebys |
| 162 Ruby Avenue | $699,000 | 3BR/1.5BA | 1,270/5,830 | Laura Bertolacci, Today Sothebys |
| 2015 San Carlos Avenue | $699,000 | 3BR/2BA | 1,570/5,663 | Thomas Diridon, RE/MAX Star |
| 44 Plymouth Avenue | $689,000 | 2BR/1BA | 960/2,926 | Bryan Jacobs, Realsmart Properties |
(Click the “Homes For Sale” sign below to see ALL of the homes currently for Sale in San Carlos.)
Homes for Sale in San Carlos
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What's Open This Weekend?
Click the “Open House” sign below to see ALL of the homes and condos scheduled to be open this weekend in San Carlos.
Open House 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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