The San Carlos Real Estate Week in Review: 1-19-13.

San Carlos Real Estate Summary.

The inventory of homes for sale in San Carlos inched upward slightly this past week with a handful of listings hitting the market.    The active-to-pending ratio rose above 1 for the first time in many months, as a bunch of the pending sales cleared from the books.  The current ratio of 2 is much healthier for the market than where it has been in the past, but with inventory still sitting below 20 there's a dire need for more inventory for buyers to choose from.

The good news is that more will be coming online in the upcoming weeks.

Here are the numbers from last 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 1-19-2013:

San Carlos Housing Data	1-19-13	Prior Week
Closed Sales for the Week:	6	0
Average Sold Price	$1,243,321	$0 (+%)
Average $/Sq Foot (Sold)	$516	$0
Sold Price vs Orig List (%)	92%	0%
Average DOM of Closed Sales	50	0
No. of Homes Pending Sale:	8	13
Inventory of Active Listings:	18	16 (+13%)
Average Price of Active Listings:	$1,471,944	$1,535,684
Average DOM of Active Listings:	81	86
Average $/Sq Foot (List)	$587	$563
Active-Pending Ratio:	2.3 : 1	0.81 : 1

The San Carlos Open House Page.

If you're looking at open houses this weekend in San Carlos, check out the San Carlos Open House List. With one click on the Open House sign below, 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.

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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
250 Oakview Drive	$1,730,000	$1,995,000	-$265,000 (-13.3%)	171
3394 Melendy Drive	$1,480,000	$1,499,000	-$19,000 (-1.3%)	11
125 Bay View Drive	$1,380,000	$1,550,000	-$170,000 (-11%)	0
431 De Anza Avenue	$992,500	$1,199,999	-$207,499 (-17.3%)	87
1353 Geneva Avenue	$988,000	$949,000	+$39,000 (+4.1%)	7
3 Gaylord Court	$888,888	$899,950	-$11,062 (-1.2%)	26

Note: The sold data provided above is strictly for informational purposes only, and should not imply that the author was involved in either side of the transaction.

(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
107 Alberta Avenue	9	$1,149,950
1400 Alameda	9	$775,000

Note: The pending data provided above is strictly for informational purposes only, and should not imply that the author was involved in either side of the transaction.

(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
2096 Birch Avenue	$1,285,000	3BR/2BA	1,627/5,000	W.D. Lewis, Weslan Real Estate
1439 Cordilleras Avenue	$959,000	3BR/2BA	1,660/4,400	Elaine White, Coldwell Banker
1420 Cordilleras Avenue	$829,900	2BR/1BA	1,160/4,400	Gene Thornton, Coldwell Banker

Note: The listing data provided above is strictly for informational purposes only, and should not imply that the author is the listing agent.

(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
641 Cedar Street #104	$537,000	$499,000	+$38,000 (+7.6%)	7

(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)
633 Elm Street #118	16
939 Laurel Street #208	25

(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
1001 Laurel Street #214	$619,000	2BR/2BA	1,100	Justine Ford, Today Sothebys
3321 Brittan Avenue #11	$539,500	2BR/2BA	1,040	Raymond Grinsell, Founders Realty

(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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(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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