San Carlos Real Estate Absorption Rate for Week Ending July 24, 2010

Posted on 27 July 2010 by vvandervort

Today we have 65 single family homes on the market in San Carlos.  Last year at this time we had about 60 homes on the market.

Last week, we had more homes come on the market than sell in San Carlos.  There were 7 homes that were listed, 4 sold, 7 closed escrow, and we actually had one sell off market (1547 Elm Street).

The 7 homes that were listed in San Carlos last week were:
967 Hall St – $680,000 – 3/2 – 1,120 sq ft
436 Laurel St – $757,500 – 2/1 – 1,200 sq ft – great back yard on this home
2631 Howard Av – $899,000 – 3/2.5 – 2,038 sq ft
870 Crestview Dr – $1,071,900 – 4/2 – 2,250 sq ft – this was on last year, now it is back on, but is now an REO (bank owned)
82 Ensenada Rd – $1,150,000 – 3/2.5 – 2,187 sq ft
3366 Melendy Dr – $1,235,000 – 4/2.5 – 2,660 sq ft
168 Mesa Verde Way – $1,648,000 – 4/3 – 3,120 sq ft

The 4 homes that sold in San Carlos last week had an average of 43 days on market (DOM).  Here they are:
921 Rosewood Av – $749,950 – 2/1 – 1,260 sq ft – 4 DOM
711 Cordilleras Av – $939,000 – 3/2 – 1,470 sq ft – 10 DOM
158 Manor Dr – $998,000 – 3/2.5 – 2,200 sq ft – 41 DOM
609 De Anza Ave – $1,350,000 – 5/4 – 4,152 sq ft – 117 DOM

The 7 homes that closed escrow in San Carlos last week were:
1528 Saint Francis Way – listed at $649,950 – sold at $710,000 – 2/1 – 870 sq ft
54 Bayport Ct – listed at $759,888 – sold at $735,000 – 3/2 – 1,420 sq ft
893 Cordilleras Av – listed at $899,000 – sold at $959,700- 3/2 – 1,840 sq ft
2016 Arroyo Av – listed at $945,000 – sold for $990,000 – 3/2 – 1,640 sq ft
209 Club Dr – listed at $1,049,000 – sold for $1,028,040 – 4/3.5 – 2,970 sq ft
2651 Debbie Pl – listed at $1,227,000 – sold for $1,119,500 – 4/2.5 – 1,960 sq ft
2607 Graceland – listed at $1,595,000 – sold for $1,595,000 – 4/3 – 2,400 sq ft

That’s it for now from Val, the San Carlos Real Estate Data Gal!

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