The San Carlos Real Estate Week in Review: 8/1/09

San Carlos Inventory Analysis

San Carlos saw a pretty sizable drop in inventory this week as the total number of active listings fell by 11%.   This can be attributed in part to a few old listings that were pulled from the market this past week, but it was mostly due to sheer number of homes that went pending this week (see the Pending section below.)   No matter how you slice it, the result is the same — there are fewer homes to choose from now in San Carlos.

Here’s a snapshot of the San Carlos market, as of 8/1. The previous week’s stats are in parentheses:

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San Carlos Home Sales

Below are homes that sold this past week in San Carlos. Click on the respective addresses to get all the details.

112 Park Avenue, San Carlos

112 Park Avenue

• Pictured Above – Sale Price: $950,000. Original List Price: $1,098,800. Difference: $148,800 (13.5%) below original list. DOM: 37 Days under current MLS #80921749 . Listed by John Papais of Forest Meadow Properties.

136 Windsor Court

• Sale Price: $925,000. Original List Price: $935,000. Difference: $10,000 (1.1%) below original list. DOM: 52 Days under current MLS # 80929748. Listed by David Young of Coldwell Banker.

1717 Cedar Street

• Sale Price: $868,000. Original List Price: $919,000. Difference: $51,000 (5.5%) below original list. DOM: 92 Days under current MLS #80911477 . Listed by Justine Ford of RE/MAX Today.

2419 Graceland Avenue

• Sale Price: $830,000. Original List Price: $869,000. Difference: $39,000 (4.5%) below original list. DOM: 87 Days under current MLS #80925788 . Listed by Laura Bertolacci of RE/MAX Today.

3025 Brittan Avenue

• Sale Price: $804,000. Original List Price: $899,000. Difference: $95,000 (10.6%) below original list. DOM: 52 Days under current MLS # 80909003. Listed by Yoli Hurchanik of Coldwell Banker.

1337 Cedar Street

• Sale Price: $860,000. Original List Price: $899,000. Difference: $39,000 (4.3%) below original list. DOM: 25 Days under current MLS #80923629. Listed by Marc Romer of RE/MAX Today.

241 Oakview Drive

• Sale Price: $800,000. Original List Price: $849,000. Difference: $49,000 (5.8%) below original list. DOM: 76 Days under current MLS #80918605. Listed by Justine Ford of RE/MAX Today.

643 Dartmouth Avenue

• Sale Price: $731,000. Original List Price: $759,000. Difference: $28,000 (3.7%) below original list. DOM: 246 Days under current MLS #80925435. Listed by Charles Floyd of Help-U-Sell Realty.

1009 Holly Street

• Sale Price: $445,000. Original List Price: $450,000. Difference: $5,000 (1.1%) below original list. DOM: 9 Days under current MLS #80931323. Listed by Bill Manolis of Manolis MV Properties.

(Click this button to see all of the homes that have sold in San Carlos in the past 3 months.)

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Homes Pending Sale in San Carlos

Here are some noteworthy pending sales from this week.

• 1460 Cordilleras Avenue is now pending sale after 176 days on the market.
• 201 Molton Avenue is also pending sale after 30 days on the market.
• 19 Camborne Avenue joins the ranks after 35 days on the market.
• 147 Leslie Drive is pending after 59 days.
• 133 Highland Avenue is pending after 33 days on the market, and…
• 300 Pearl Avenue is in contract after 14 days.

(Click this button to see all the homes that are Pending Sale in San Carlos.)

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New 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 all the details.

132 Colton Ave, San Carlos

132 Colton Avenue

• Pictured Above: $949,000– 3BR/2BA, 1,650 sq ft on a 5,500 square foot lot. MLS# 80935980, listed by Christine Morgan of Carlmont Associates.

256 Highland Avenue

• $749,000– 3BR/2BA, 1,380 sq ft on a 7,100 square foot lot. MLS# 80936894, listed by David Young of Coldwell Banker.

1047 Hall Street

• $724,500– 4BR/2BA, 1,430 sq ft on a 4,920 square foot lot. MLS# 80937090, listed by Maura Pratt of Alain Pinel Realtors.

(Click this button to see ALL of the homes 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, and an occasional podcast mixed in to keep things lively. Between the two, you should get a great idea of what happened last week in San Carlos real estate.)

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