The San Carlos Real Estate Week in Review: 4-7-12.

San Carlos Real Estate Summary.

Easter weekend usually marks the unofficial half-way point in the spring real estate market, with roughly an equal number of weeks on either side in the spring home shopping season.  And this year has been a memorable one so far.  We enter the second half with record low inventory — we dipped as low as 18 homes for sale this week — and an absurdly low active-to-pending ratio of 0.31.   Multiple offers are the norm rather than the exception in this market, and there's no sign of that changing in the coming weeks.

Happy Easter!  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 4-7-2012:

San Carlos Housing Data	4-7-12	Prior Week
Closed Sales for the Week:	3	6
Average Sold Price	$649,667	$910,000 (-29%)
Average $/Sq Foot	$569	$529
Sold Price vs Orig List (%)	104%	98%
Average DOM of Closed Sales	12	33
No. of Homes Pending Sale:	60	56
Inventory of Active Listings:	19	21 (-10%)
Average Price of Active Listings:	$1,673,657	$1,437,216 (+17%)
Average DOM of Active Listings:	31	32
Active-Pending Ratio:	0.32 : 1	0.38 : 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
2660 Eaton Avenue	$875,000	$810,000	+$65,000 (8.0%)	12
1052 Cherry Street	$585,000	$565,000	+$20,000 (+3.5%)	6
958 Holly Street	$489,000	$489,950	-$950 (-0.1%)	19

(Click the “Homes Sold” sign 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
1047 Hewitt Drive	4	$1,495,000
104 Windsor Drive	9	$1,049,950
1999 Eaton Avenue	25	$1,880,000
205 Beverly Drive	10	$1,125,000
29 Upland Avenue	13	$749,000
2065 Eaton Avenue	7	$899,950

(Click the “Homes Pending Sale” sign 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
2054 Saint Francis Way	$2,599,000	5BR/5.5BA	4,060/8,800	Sandy Rostad, Coldwell Banker
23 Camborne Avenue	$1,789,000	5BR/4BA	3,304/7,550	John Shroyer, Today Sothebys
112 Arundel Road	$1,759,000	4BR/3.5BA	3,316/7,947	John Shroyer, Today Sothebys
4 Porto Marino Lane	$1,275,500	4BR/3BA	3,350/14,810	Kelly Lawson, Alain Pinel Realtors
146 Windsor Drive	$1,655,900	4BR/3.5BA	2,900/17,550	DeVonna Meyer, Coldwell Banker
125 Ruby Avenue	$1,225,000	4BR/4BA	2,110/4,400	David Young, Coldwell Banker

(Click the “Homes For Sale” sign 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
1700 San Carlos Avenue #301	$785,000	$849,000	-$64,000 (-7.5%)	162
5 Chicory Lane	$660,000	$675,000	-$15,000 (-2.2%)	145
3372 La Mesa Drive #14	$489,000	$489,000	$0 (0%)	0
1456 San Carlos Avenue #105	$435,000	$389,950	+$45,050 (+11.6%)	10

(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)
402 Portofino Drive #1	7
3379 Brittan Avenue #6	12
3358 La Mesa Drive #3	15

(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
–	$-	–	—	—

(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” sign below 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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