San Carlos’ Real Estate Absorption Rate for Week Ending Nov. 29, 2009

Posted on 02 December 2009 by vvandervort

Here are the single family homes in San Carlos that were listed the week of Thanksgiving:

2120 BELMONT AV $909,000 3 2|0 1,418 SqFt 4,500+ to 6,500 SqFt 60 San Carlos 1 80955117
201 ABERDEEN DR $1,128,000 3 2|0 1,850 SqFt 6,500+ to 8,000 SqFt 19 San Carlos 1 80955077
233 BAY VIEW DR $1,149,000 3 3|0 2,650 SqFt 8,000+ SqFt to .25 Acre 49 San Carlos 1 80955197

Here’s what sold in San Carlos the week of Thanksgiving:

311 OLD COUNTY RD $399,000 2 1|0 820 SqFt 4,500+ to 6,500 SqFt 61 San Carlos 1 80953629
105 WILSHIRE CT $650,000 3 2|0 1,390 SqFt 4,500+ to 6,500 SqFt 53 San Carlos 1 80953394
534 WELLINGTON DR $799,000 3 2|1 1,450 SqFt 6,500+ to 8,000 SqFt 49 San Carlos 1 80932211
1578 MORSE BL $1,980,000 4 3|0 3,100 SqFt 4,500+ to 6,500 SqFt 0 San Carlos 1 80928884

So we ended up with 4 selling and 3 listing in San Carlos.  And our overall inventory is at 34 homes.  At this week’s absorption rate, we have 34 week’s of  inventory.   That’s quite a bit higher than the past weeks, but because I track this on a weekly basis, there is more fluctuation in the numbers than there would be if I tracked it on a monthly basis.  I suspect that for this upcoming  week, it’ll be back down since even fewer properties will get listed.  For sure, 2120 Belmont Ave will sell this week. That is one of the best properties I’ve seen in the White Oaks area for a few months for sure, if not longer.

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