The White Oaks Blog

Happy Thanksgiving, and welcome to the “San Carlos Week in Review” for the week ending 11/29/08.   The “Week in Review” series is comprised of an occasional  weekly podcast, and a summary of new listings and home sales in San Carlos the prior week.  Between the two, you should get a great idea of what happened last week in San Carlos real estate.

Here’s what sold this week, and what new listings hit the market.  Click on the addresses for more information.

Home Sales

• 119 Exbourne Ave:     (Pictured Above)  Sale Price: $930,000. Original List Price: $985,000. Difference: $55,000 (5.6% ) below original list.  DOM: 31 Days.    MLS # 80837884, listed by John Shroyer of RE/MAX Today.
• 805 Regent Ct:    Sale Price: $1,010,000. Original List Price: $1,195,000. Difference: $185,000 (15.5% ) below original list.  DOM: 144 Days.    MLS # 80816610, listed by Margot Lockwood of Coldwell Banker.
• 124 Kelton Ave:     Sale Price: $800,000. Original List Price: $849,000. Difference: $49,000 (5.8% ) below original list.  DOM: 19 Days.    MLS # 80838212, listed by Patricia Peterson of Coldwell Banker.
• 1381 Chestnut St:    Sale Price: $800,000. Original List Price: $1,025,000. Difference: $225,000 (22% ) below original list.  DOM: 19 Days under MLS # 80838212.  The home originally listed 168 days ago under a different broker at $1,095,000 — so the sale price represents a drop of 27% from this price.   The sale price of $800,000 translates into approximately $444/square foot, which is the second lowest value sell this year in White Oaks, according to the MLS.

New Listings

• 530 Walnut St:     $1,350,000 — 4BR/3BA, 3,300 sq ft on a 8,525 square foot lot.  MLS# 80846816, listed by John Shroyer of RE/MAX Today.
• 1335 Howard Ave:    $999,950 — 3BR/2BA, 1,800 sq ft on a 5,280 square foot lot.  MLS# 80847262, listed by Randy Omoto of Bay Area Capital Properties.

Popularity: 3% [?]

In a stunning announcement today, the Federal Reserve announced two key actions that are intended to stabilize the mortgage industry, and help unblock the frozen credit market.   They announced that they will purchase nearly  $100 billion of debt issued by government-sponsored mortgage enterprises Fannie Mae, Freddie Mac and the Federal Home Loan Banks.   The second step of this plan also calls for the Fed to buy up to $500 billion of mortgage securities backed by Fannie Mae, Freddie Mac, and Ginnie Mae.

Here are a couple of good articles on what was announced today:

Fed Throws Financial Lifeline 

Mortgages:  Lower Interest Rates?

What does this mean for you and I?

Normally I don’t report on all of the tweaking that the Fed does with interest rates, mostly because it doesn’t have an immediate impact on you or I.  Often times when the Fed announces a rate reduction, the rates have already adjusted in anticipation of the announcement so there’s no change once the word is official.

This may be different though.   In reading some of the “expert commentary” on the financial websites, some expect rates to drop and STAY at significantly lower levels for awhile.   If this turns out to be true, it will provide welcome relief especially the Jumbo loan level, where higher rates have kept many buyers in San Carlos on the sidelines.   And getting buyers to buy again is a shot in the arm that this market desperately needs.

It will be interesting to see what impact this has on rates — If you’re in the market to buy,I’d highly recommend that you call your loan broker today to see where rates are heading.   This may be a great time to lock in.

Popularity: 3% [?]

Welcome to the “San Carlos Week in Review” for the week ending 11/22/08.   The “Week in Review” series is comprised of an occasional weekly podcast, and a summary of new listings and home sales in San Carlos the prior week.  Between the two, you should get a great idea of what happened last week in San Carlos real estate.

In this week’s podcast you’ll hear:

1. San Carlos Market Recap.
2. Should you put your home on the market right now?

Click on the “Play Now” link below to hear the podcast.  Enjoy!

 

 The San Carlos Week in Review - 11/22/08: Play Now | Play in Popup | Download

Here’s what sold this week, and what new listings hit the market.  Click on the addresses for more information.

Home Sales

• 18 Club Drive:    (Pictured Above)  Sale Price: $1,200,000. Original List Price: $1,486,000. Difference: $286,000 (19.25%) below original list on the current listing.   DOM: 66 Days.  MLS # 80833321, listed by Deborah Chelini of Coldwell Banker.    (Note that this home originally listed under another broker back in May of ‘08 at $1,845,000, so the sales price reflects a drop of 35% from this figure.)
• 421 Hillcrest Rd:    Sale Price: $859,000. Original List Price: $979,000. Difference: $120,000 (12.3%) below the original list price.  DOM: 39 Days.  MLS # 80833321, listed by David Kucera of Santa Clara Properties.
• 1501 San Carlos Ave:    Sale Price: $808,000. Original List Price: $758,000. Difference: $50,000 (6.6%) above the original list price.  DOM: 0 Days.  This one never hit the market, as it appears the seller took a pre-emptive offer.  MLS # 80833321, listed by KT Eckardt of Cashin Company.

New Listings

• 308 Chesham Ave:    (Pictured Above)  $1,549,500 — 3BR/2.5BA, 2,385 sq ft on a 5,663 square foot lot.     According to the MLS comments, this looks to be new construction.  MLS# 80846081, listed by Chris Anderson of Alain Pinel Realtors.
• 204 Clifton Ave:    $1,299,000 — 3BR/2.5BA, 1,910 sq ft on a 11,200 square foot lot.    MLS# 80846514, listed by Donald Sfarzo of Alain Pinel Realtors

Popularity: 5% [?]

Welcome to the “San Carlos Week in Review” for the week ending 11/15/08.   The “Week in Review” series is comprised of an occasional  weekly podcast, and a summary of new listings and home sales in San Carlos the prior week.  Between the two, you should get a great idea of what happened last week in San Carlos real estate.

Here’s what sold this week, and what new listings hit the market.  Click on the addresses for more information.

Home Sales

• 1241 Crestview Drive:  (Pictured Above)  Sale Price: $1,065,000. Original List Price: $1,099,000. Difference: $34,000 (3% ) below original list.  DOM: 71 Days.   This was a home I featured months ago as the New Listing of the Week — it’s a great home, and it sold for a great price.  MLS # 80827201, listed by John Herrmann of RE/MAX Today.
• 89 Ensenada Rd:     Sale Price: $1,000,000. Original List Price: $1,139,000. Difference: $139,000 (10% ) below original list.  DOM: 10 Days.   MLS # 80832750, listed by Kenneth Jacobi of In House Industries.
• 3161 La Mesa Dr:   Sale Price: $988,000. Original List Price: $998,000. Difference: $10,000 (1% ) below original list.  DOM: 22 Days.   MLS # 80832862, listed by Patricia Pilster of Prudential California Realty.
• 2245 Eaton Ave:     Sale Price: $989,000. Original List Price: $989,000. Difference: $0 from original list.  DOM: 0 Days.   This one was sold before it hit the market.  MLS # 80836251, listed by Justine Ford of RE/MAX Today.
• 1313 Morse Blvd:    Sale Price: $855,000. Original List Price: $879,000. Difference: $24,000 (2.7% ) below original list.  DOM: 15 Days.   MLS # 80836668, listed by Jeffrey Holman of Cashin Company.
• 2071 Belle Ave:    Sale Price: $851,000. Original List Price: $839,000. Difference: $12,000 (1.4% ) above original list.  DOM: 5 Days.   MLS # 80839126, listed by Bob Bredel of RE/MAX Today.

New Listings

• 104 Windsor Dr:   (Pictured Above)   $1,299,000 — 3BR/2BA, 1,850 sq ft on a 5,400 square foot lot.  MLS# 80845295, listed by Bob Bredel of RE/MAX Today.   I will be holding this home open on Sunday 11/16 from 1-4.
• 299 Club Dr:       $3,780,000 — 4BR/4+BA, 5,500 sq ft on a 10,000 square foot lot.  MLS# 80845217, listed by Frank Ruan of Stanford Professional Realty.
• 1040 Drake Ct:    $1,399,000 — 4BR/4+BA, 2,500 sq ft on a 11,000 square foot lot.  MLS# 80845262, listed by John Clifford of Clifford Real Estate.
• 424 Hillcrest Rd:   $838,000 — 2BR/1BA, 1,100 sq ft on a 4,704 square foot lot.  MLS# 80844421, listed by Heather Hansen of Alain Pinel Realtors.
• 12 Winding Way:        $689,000 — 4BR/3BA, 2,060 sq ft on a 4,740 square foot lot.  MLS# 80845338, listed by David Young of Coldwell Banker.

Popularity: 7% [?]

The San Carlos market continues to slug it out as we enter the fall/winter season.  As I mentioned in previous posts, the downward pull from the economy has finally caught up with the San Carlos real estate market, and we really started to feel the effects in the late summer months of this year.   September was a disaster as you’ll see from the numbers below, even though October is supposed to be the “scary” month.    Here’s a quick summary of the home sales figures for October 2008 — if you’d like to drill down to specific neighborhoods within San Carlos, click San Carlos Sales Trends and then choose from the “Neighborhood” pull-down menu.

Note that compared to October of 2007, virtually all of the relevant price metrics are down by double-digit percentages.  Ouch.   The average DOM jumped to 42 days, but I have a hunch there are a couple of stragglers that are driving that number way up.   Here’s a month-by-month graphical representation that shows the general trend over this past year:

What does all of this mean?   With prices dropping for three consecutive months, and the days on market (DOM) average rising to 42 days, we’re entering a great window of opportunity to purchase real estate here in San Carlos, and on the Peninsula.  Homes are at some of their best values in many years, and it’s difficult to tell how much prices will continue to drop (if they do at all.)

Finally, here’s a graph of the home sales to date for 2008.  The sales volume has nearly rebounded to the 2007 levels, but we still need a strong Nov/Dec to keep on par.

Popularity: 7% [?]

Welcome to the “San Carlos Week in Review” for the week ending 11/8/08.   The “Week in Review” series is comprised of a weekly podcast, and a summary of new listings and home sales in San Carlos the prior week.  Between the two, you should get a great idea of what happened last week in San Carlos real estate.

Note that the podcast took a little hiatus this week, but will return in next week’s update.

In the interim,  here’s what sold this week, and what new listings hit the market.  Click on the addresses for more information.

Home Sales

• 3186 La Mesa Dr:   (Pictured above)   Sale Price: $1,115,000. Original List Price: $1,225,000. Difference: $110,000 (9.0%) below original list.   DOM: 50 Days.  MLS # 80828029, listed by Cynthia Smith and Claudette Wood of Alain Pinel Realtors.
• 162 Rockridge Rd:    Sale Price: $825,000. Original List Price: $850,000. Difference: $25,000 (2.94%) below original list.   DOM: 0 Days.  MLS # 80839618, listed by Justine Ford of RE/MAX Today.
• 607 Wellington Dr:     Sale Price: $845,000. Original List Price: $825,000. Difference: $20,000 (2.4%) above original list.   DOM: 12 Days.  MLS # 80834643, listed by Len Moore of Vilmont Investment Properties.
• 1018 Montgomery St:    Sale Price: $627,000. Original List Price: $627,777. Difference: $777 (0.12%) below original list.   DOM: 59 Days.  MLS # 80813705, listed by Scott Brody, Broker.

New Listings

• 119 Northam Ave:    (Pictured above)  $1,950,000 — 5BR/4+BA, 3,190 sq ft on a 6,500 square foot lot.     MLS# 80843179, listed by Mark Martinho of Vabrato.
• 1404 Crestview Dr:    $1,349,000 — 4BR/2.5BA, 2,570 sq ft on a 9,180 square foot lot.     MLS# 80843179, listed by Molitor and Lunder of Intero Real Estate Services.
• 10 Del Rey Ct:    $1,150,000 — 3BR/2BA, 1,890 sq ft on a 11,000 square foot lot.     MLS# 80844226, listed by David Young of Coldwell Banker.
• 2704 Brittan Ave:    $1,029,000 — 3BR/2BA, 1,630 sq ft on a 6,480 square foot lot.     MLS# 80843356, listed by Yao Jiang of World Properties.

Popularity: 8% [?]

For those of you who have used the MLS Search Engine on the White Oaks Blog, hopefully you have found that it’s pretty advanced and quite a bit different from many home search engines that are out there.  It has a great neighborhood view, which allows you to see all the homes that are for sale in White Oaks or Howard Park, for example, in a single window.   I also like the fact that once you create and save your own custom search you can sign up for the standard email alerts, or for you RSS junkies (like me) you can create your own RSS Feed.  This is a feature that I believe is unique to this search engine.

But not willing to rest on its laurels, this search engine just got a whole lot more horsepower.  Here are some of the new features that were just added in the latest release today:

• Re-engineered the search panel. The new search panel was designed to incorporate the vast amount of feedback we’ve received from our customers over the past few years, and we’re very pleased with the result.
• Pre-foreclosures (short sales, notice of default, etc) and foreclosed (bank owned) properties.   We’ve also developed a proprietary algorithm that analyzes each property’s description to determine whether or not a property is a pre-foreclosure or has been foreclosed upon. If you view the details of a property that our system has determined to be a foreclosure or pre-foreclosure, we will highlight the words in the description that lead our system to believe the property is in distress. If you view the details of a property that the MLS specifically marked as a pre-foreclosure or bank owned, dsSearchAgent will also display an appropriate notice.
• Search for properties within certain school and school district boundaries. The school search box is an auto-complete box and will start showing the names of the schools / districts as soon as the user types the first two letters.
• And, coming soon…search for FSBO and Make Me Move™ properties that are listed on Zillow.com. You will be able to look at properties that they might not otherwise be able to find in the MLS.

These are just a few of the new features that you’ll find on this greatly enhanced search engine…so if you have a few minutes, give it a test drive and let me know what you think.   Simply move your cursor onto the  “What’s for Sale in San Carlos?” button at the top of the page and you’ll see all the different options for searching within San Carlos.

Popularity: 9% [?]

Welcome to the “San Carlos Week in Review” for the week ending 11/1/08.   The “Week in Review” series is comprised of a weekly podcast, and a summary of new listings and home sales in San Carlos the prior week.  Between the two, you should get a great idea of what happened last week in San Carlos real estate.

In this week’s podcast you’ll hear:

1. San Carlos Market Recap.
2. Need to reduce the price on your home?   Two different ways on how it’s done.

Click on the “Play Now” link below to hear the podcast.  Enjoy!

 

 San Carlos Week in Review 11-01-08: Play Now | Play in Popup | Download

Here’s what sold this week, and what new listings hit the market.  Click on the addresses for more information.

Home Sales

• 1464 White Oak Way:     (Pictured above)  Sale Price: $1,585,000. Original List Price: $1,789,000. Difference: $204,000 (11.4%) below original list.  This is a nice home in a great part of White Oaks.  The price reduction that it took to get this into contract is indicative of what has been happening recently in this price range in San Carlos.  DOM: 67 Days.  MLS # 80824409, listed by Monica Palza of Alain Pinel Realtors.
• 30 Hidden Valley Dr:    Sale Price: $1,088,000. Original List Price: $1,088,000. Difference: $0  from original list.  DOM: 5 Days.   As I discussed in last week’s podcast, this one had multiple offers and sold very quickly.  MLS # 80839511, listed by Heather Hansen of Alain Pinel Realtors.
• 2088 Greenwood Ave:    Sale Price: $895,000. Original List Price: $895,000. Difference: $0  from original list.  DOM: 22 Days.   MLS # 80832750, listed by Ivy Magsaysay of Century 21.

New Listings

• 152 Arundel Rd:    (Pictured Above)  $1,375,000 — 5BR/3BA, 2,730 sq ft on a 10,250 square foot lot.     MLS# 80842177, listed by Peruz Jelveh (no brokerage specified.)
• 20 Vista Del Grande:    $1,050,000 — 3BR/2.5BA, 2,190 sq ft on a 6,440 square foot lot.     MLS# 80842975, listed by Joan Tosetti of Alain Pinel Realtors.
• 1333 Woodland Ave:   $899,000 — 3BR/2BA, 1,270 sq ft on a 4,920 square foot lot.     MLS# 80843162, listed by Loren Dakin of Alain Pinel Realtors.
• 643 Dartmouth Ave:     $799,000 — 3BR/2.5BA, 1,510 sq ft on a 4,500 square foot lot.     MLS# 80842246, listed by Charles Floyd of Help-U-Sell Realty.
• 1028 Northwood Dr:    $559,500 — 2BR/1BA, 820 sq ft on a 4,675 square foot lot.     MLS# 80842160, listed by Karen Doherty of Doherty Realty.
• 311 Old County Rd:    $549,000 — 2BR/1BA, 820 sq ft on a 5,000 square foot lot.    According to MLS comments, this is a short-sale. MLS# 80842887, listed by Jose Gonzalez of Matrixone Realty.

Popularity: 10% [?]

That’s not a quote from an obscure Greek philosopher, nor a pearl of wisdom from the Depression Era.  No, that quote was actually made last week by none other than this gentleman…

…and he has more than just a little bit of credibility when it comes to investing.   In this particular article in the USA Today, Warren Buffett is referring to the buying and selling of stocks.  And he’s  buying stocks right now, not just on behalf of Berkshire Hathaway, but also for his own personal portfolio.   Now that’s confidence….

Does this mean that Warren Buffet thinks the stock market has hit bottom?  Absolutely not.   He’ll be the first to admit that he doesn’t try to guess where the bottom is.  But he knows a bargain when he sees one, and right now he is scooping up blue-chip stocks at severely discounted prices.  More importantly, he knows that these assets may lose some value over the next few months, but on HIS investment horizon, he’s confident these will return a healthy profit.   That’s how he became a billionaire.

Is this relevant to real estate?   Absolutely.   Besides providing a roof over your head, homes have become an “asset” and consequently should be treated like any other investment.   And while we’re being continually bombarded with all the negative news on the economy, it’s critical to keep a few facts in mind:

1. Homes prices are as low as they’ve been in years.    In some areas they have dropped more than others, but overall if you look at the prices today and adjust for inflation, home prices are the cheapest that they’ve been in probably over a decade.  As an example, before this year when was the last time you saw a decent home for sale in White Oaks for under $800k?   It has been awhile.   We thought this price point was gone forever - now it’s becoming commonplace again.
2. Money is still relatively cheap.   Although loans are a bit more difficult to get, rates are still near historic lows.   You can get conforming loans for the low 6% range, agency jumbo’s (up to $729k) for the mid-6% range, and jumbos over 7%.   The “funny money” rates of a few years ago are likely gone, and the current rates will likely only increase (if they change at all.)
3. Real estate is generally less volatile than stocks.   While the real estate values have certainly taken a beating, it’s nothing compared to the carnage on Wall Street the past couple of weeks.   And when you look over the past 10 years, real estate has performed FAR better than the S&P 500.
4. Real estate offers tax benefits that stocks don’t.    Don’t forget that the interest on your mortgage is tax deductible, and a huge chunk of any capital gains that you realize upon selling the home is exempt from taxes.   Those two factors add greatly to the calculated return on investment (ROI.)   Try getting that kind of benefit with stock…

So is the San Carlos real estate market close to the “bottom”?  It’s impossible to tell, but as I discussed in last week’s podcast, properties under the $1.1M mark in San Carlos are starting to get snapped up again.  And I think it’s likely only a matter of time before the high-end will do the same.

For smart buyers in San Carlos and other part of San Mateo County, it’s definitely time to be greedy in a fearful market.

Popularity: 9% [?]

Welcome to the “San Carlos Week in Review” for the week of 10/19/08.   The “Week in Review” series is comprised of a weekly podcast, and a summary of new listings and home sales in San Carlos the prior week.  Between the two, you should get a great idea of what happened last week in San Carlos real estate!

In this week’s podcast you’ll hear:

1. The emerging dichotomy in the San Carlos market — the bottom is hot, the top is not.
2. Market behavior at both extremes of the price range.

Click on the “Play Now” link below to hear the podcast.  Enjoy!

 

 San Carlos Week in Review 10-19-08: Play Now | Play in Popup | Download

Here’s what sold this week, and what new listings hit the market.  Click on the addresses for more information.

Home Sales

• 820 Hemlock St:   (Pictured above)  Sale Price: $1,302,500. Original List Price: $1,337,000. Difference: $34,500 (2.6%) below original list.  DOM: 16 Days.  MLS # 80833574, listed by Laura Bertolacci of RE/MAX Today.
• 42 Williams Ln:    Sale Price: $1,230,000. Original List Price: $1,195,000. Difference: $35,000 (2.9%) above original list.  DOM: 24 Days.  MLS # 80832471, listed by Arn Cenedella of Coldwell Banker.
• 261 Oakview Dr:     Sale Price: $1,115,000. Original List Price: $1,399,999. Difference: $284,999 (20.3%) below original list.  But that’s not the whole story….This home has been on and off the market for over two years when it first listed for $1,690,000.   Four brokerage changes and $500k later, and it has sold.   DOM for current listing: 128 Days.  MLS # 80804634, listed by Anita Gandhi of Prudential California Real Estate.
• 15 Whitman Ct:    Sale Price: $1,090,000. Original List Price: $1,125,000. Difference: $35,000 (3.1%) below original list.  This is another listing with a little more history than meets the eye.  It has actually been on the market for a total of 124 days, when it was first listed for $1,180,000 under a different brokerage.    DOM for current listing: 35 Days.  MLS # 80826111, listed by Donald Sfarzo of Alain Pinel Realtors.
• 2682 Thornhill Dr:    Sale Price: $950,000. Original List Price: $1,150,000. Difference: $200,000 (17.4%) below original list.  DOM: 67 Days.  MLS # 80819339, listed by Olivia Edwards of McGuire Real Estate.
• 1056 San Remo Way:    Sale Price: $930,000. Original List Price: $949,000. Difference: $19,000 (2.0%) below original list.  DOM: 17 Days.  MLS # 80832144, listed by Cookie Cala of Elite Properties.
• 2 Burnham Ct:    Sale Price: $855,000. Original List Price: $899,950. Difference: $44,950 (5.0%) below original list.  DOM: 17 Days.  MLS # 80832144, listed by Cookie Cala of Elite Properties
• 1423 Alameda De Las Pulgas:       Sale Price: $824,000. Original List Price: $799,000. Difference: $25,000 (3.1%) above original list.  DOM: 53 Days.  MLS # 80828526, listed by Trish Ward of Intero Real Estate Services.
• 136 Plymouth Ave:    Sale Price: $820,000. Original List Price: $774,950. Difference: $45,050 (5.8%) above original list.  DOM: 3 Days. This one went very fast.   MLS # 80832512, listed by Dave Blewett of Intero Real Estate Services.
• 2443 San Carlos Ave:     Sale Price: $757,000. Original List Price: $749,950. Difference: $7,050 (0.94%) above original list.  DOM: 18 Days.    MLS # 80832511, listed by Dave Blewett of Intero Real Estate Services.
• 231 Windsor Dr:    Sale Price: $699,000. Original List Price: $799,950. Difference: $109,950 (13.74%) below original list.  DOM: 41 Days.    MLS # 80830756, listed by Ellen Scardigli of Cashin Company.
• 916 Hall St:       Sale Price: $655,000. Original List Price: $649,000. Difference: $6,000 (0.92%) above original list.  DOM: 18 Days.    MLS # 80833570, listed by Mary Duvall of Coldwell Banker.
• 1027 Springfield St:    Sale Price: $565,000. Original List Price: $780,000. Difference: $215,000 (27.6%) below original list.  DOM: 264 Days.    MLS # 80774471, listed by Dennis Tiu of Realty World.

New Listings

• 2048 Alma St:    (Pictured Above)  $2,195,000 — 4BR/3.5BA, 2,900 sq ft on a 7,800 square foot lot.    It’s rare to see homes on Alma hit the market, so this one should attract lots of attention.   MLS# 80841798, listed by Donna Colangelo of Intero Real Estate Services.
• 19 Camborne Ave:    $1,485,000 — 4BR/2.5BA, 2,880 sq ft on a 14,200 square foot lot.     MLS# 80840860, listed by Andre Saffarnia of RE/MAX Today.
• 1616 Chestnut St:    $929,000 — 3BR/2BA, 1,640 sq ft on a 4,400 square foot lot.  MLS# 80841909, listed by Regina Pio Roda of Redfin.
• 1353 Cordilleras Ave:    $829,500 — 2BR/2BA, 1,360 sq ft on a 5,200 square foot lot.  MLS# 80841809, listed by Susan Michal of Cashin Company.
• 113 Belvedere Ave:    $799,950 — 2BR/1BA, 1,100 sq ft on a 4,600 square foot lot.  MLS# 80840868, listed by Alex Lehr of Lehr Real Estate.
• 1340 Elm St:     $799,000 — 2BR/1BA, 1,280 sq ft on a 4,800 square foot lot.  MLS# 80840606, listed by Loren Dakin of Alain Pinel Realtors.
• 1501 San Carlos Ave:    $758,000 — 4BR/3BA, 1,615 sq ft on a 7,150 square foot lot.    This one was sold before it even hit the market — already pending sale.  MLS# 80841713, listed by Kathyrn Eckhardt of Cashin Company.
• 41 Walton St:    $749,000 — 3BR/2BA, 1,650 sq ft on a 6,700 square foot lot.    This one is already gone after only 3 days on the market. MLS# 80840868, listed by John Herrmann of RE/MAX Today.

Popularity: 12% [?]