And we’re back… San Carlos Real Estate Absorption Rate for the Start of 2011

Posted on 17 January 2011 by vvandervort

It is an interesting start to 2011 in San Carlos real estate.  Since the turn of the calendar, we’ve only had one single family home go pending – those folks at 1359 Geneva might not realize just how lucky they are.  There actually are a lot of buyers out there, but they are particular and so not just jumping at anything that has a for sale sign in front of it.  We’ve been hovering around 35 single family homes on the market in San Carlos since the beginning of the year.

In the first week of January, this is what happened in the San Carlos real estate market.
The new San Carlos sellers were:
517 Vista Av – $1,049,000 – 4/2 – 1,880sf
15 Whitman Ct – $1,069,000 – 3/2 – 2,010sf

The sales in San Carlos for the first week in January:
1359 Geneva – $859,000 – 3/2 – 1,330 sf – was on market for 40 days

The closed sales in San Carlos for the first week in January were:
1714 Elizabeth St – LP $1,050,000 – SP $1,050,000 – 3/2 – 1,950 sf
2911 Eaton Av – LP $1,275,000 – SP $1,098,000 – 4/2.5 – 2,520 sf

That’s it for now from Val, the San Carlos real estate data gal!  And Happy New Year!

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