The San Carlos Week In Review – 2/5/09…

(The “San Carlos Week in Review” is a series comprised of an occasional podcast, and a summary of new listings and home sales in San Carlos for the prior week.  Between the two, you should get a great idea of what happened last week in San Carlos real estate.)

The rate of home sales in San Carlos isn’t exactly setting the world on fire.  There was only one home sale this past week, and we’re still well behind last year’s sales pace.   However, there are signs of encouragement as homes that are prepared well and priced right (like 2753 Bromley) are selling relatively quickly– 19 days is pretty fast in this market.

Here’s the scoop for the week.  Click on the respective address for more photos and details…

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San Carlos Home Sales

500 Pearl Avenue

500 Pearl Ave:

• (Pictured Above) Sale Price: $680,000. Original List Price: $749,000.   Difference: $69,000 (9.2% ) below original list.    Remember the post I wrote about starter homes in White Oaks in the $700k’s?    Now you can find them in the 600k range!    DOM: 81 Days total, most recently under MLS # 80845150.   Listed by Eva Diridon of Carlmont Associates.

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New Listings in San Carlos

3141 La Mesa Drive

3141 La Mesa Dr:

• (UPDATE:  Pending Sale)  Pictured Above…$1,249,000 — 3BR/2BA, 2,045 sq ft on a 8,250 square foot lot.   This is on the side of La Mesa that overlooks green-belt and the Coastal Range, so the views are sublime…  MLS# 80906233, listed by Norine Higgins of RE/MAX Today.

2734 Victoria Mn:

• $1,399,000 — 4BR/2.5BA, 2,470 sq ft on a 8,800 square foot lot.    MLS# 80905338, listed by Vincent Armando of Armando Investments.

188 Exbourne Ave:

• $1,095,000 — 5BR/3BA, 2,710 sq ft on a 4,988 square foot lot.    MLS# 80906544, listed by John Shroyer of RE/MAX Today.

1460 Cordilleras Ave:

• $1,050,000 — 4BR/3BA, 2,380 sq ft on a 8,800 square foot lot.    MLS# 80905330, listed by Mark Scafine of SC Properties.

2711 Clifford Ave:

• $975,000 — 3BR/2.5BA, 2,430 sq ft on a 11,130 square foot lot.    MLS# 80906362, listed by Carlos Avelar of RE/MAX Star Properties.

2724 Clifford Ave:

• $962,000 — 3BR/2BA, 1,750 sq ft on a 5,580 square foot lot.    MLS# 80906518, listed by Melanie Smith of Coldwell Banker.

465 Wellington Dr:

• $935,000 — 4BR/3BA, 1,770 sq ft on a 7,540 square foot lot.    MLS# 80906403, Anna Wong of Alain Pinel Realtors.

524 Prospect St:

• $799,000 — 3BR/2BA, 950 sq ft on a 4,914 square foot lot.    MLS# 80905329, listed by Carrie & Grant DuBois of Coldwell Banker.

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Back on the Market

77 Madera Avenue

77 Madera Ave:

• (Pictured Above)…$1,049,000 — 4BR/2.5BA, 2,928 sq ft on a 7,812 square foot lot.   How much have things fallen in this market?   This same home was on the market in 2006 for $2,525,000.   Even in 2008, it was listed for as high as $1,880,000.   At the current price, it’s a short sale…but it also looks to be an incredible deal.   MLS# 80906325, listed by Maria Neal of Alain Pinel Realtors.

6 Madrona St:

• $1,359,000 — 4BR/2.5BA, 2,940 sq ft on a 7,000 square foot lot.   First listed in October ‘08 at $1,439,000   MLS# 80906029, listed by Goldie Morabito of Coldwell Banker.

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