San Carlos, CA Real Estate News

By HR Dadgar
(American Dream Realty)
San Carlos Home Commission Rebate $13850 Overview Maps Photos Description Market Stats IDX Search $1,385,000 Single Family Home For Sale Main Features 3 Bedrooms2 BathroomsInterior: 2050 sqftLot: 7,080 sqft Location 10 Granite CtSan Carlos, CA 94070 HR Dadgar American Dream Realty (510) 395-1267 hr@adrealty.us http://www.fremontagents.com Our recent listings San Carlos Home Commission Rebate $13850Millbrae Home Commission Rebate $17980Belmon Home Commission Rebate $12998Redwood City Home Commission Rebate $17990San Bruno Home Commission Rebate $8350 Subscribe to our listing feed See more San Carlos, CA real estate for sale
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By Lottie Kendall, Helping make your real estate dreams a reality
(Compass)
I guess because bad news sells, newspapers often "report" doom and gloom stories about real estate. How refreshing to read in the San Jose Mercury News earlier this week that our town, San Carlos, has fared quite well these last couple of years. As report by the Merc, median price of a single-family home here has dropped 10% in the past year, while the condo/townhouse dip was 9%. Real estate is, indeed, local.
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By Lottie Kendall, Helping make your real estate dreams a reality
(Compass)
There are 70 active listings for single-family homes in San Carlos, CA this morning. 25 homes have pending sales, an absorption rate of approximately 3 months. Condominiums and townhouses tell a different story, however, with 28 active listings and only 5 pending sales. There are tremendous opportunities today for investors, first-time buyers, parents wishing to help children get established, children wishing to help parents downsize, etc. Who do you know who could benefit in today's market?
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By Arn Cenedella
(Coldwell Banker)
440 Walnut St, San Carlos has just come on the market at $2,000,000 and is listed by Jocelyn Jamias of NAIBT Commercial. This property consists of 10 one bedroom one bath apartments and 1 two bedroom one bath apartment and is located just 2 blocks from downtown. Current gross income is $141,900 - priced at 14.1x gross income and offers a 4.4% CAP rate. Rents are below market so this property offers an opportunity for rental increases. Did you know you can buy this building using your 401K or other IRA funds? Contact me and let's find you a good investment.
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By Lottie Kendall, Helping make your real estate dreams a reality
(Compass)
Mike Kelty, of State Farm Insurance, also advises sellers to: •· Eliminate any potential tripping hazards, such as small rugs, that anyonen could trip or slip on. Avoid shiny but slippery waxes and treatments on smooth or exposed flooring •· Make sure your insurance policy liability is adequate. $1,000,000 is typically a safe level of protection for many people. You should have a Personal Liability Umbrella as a piece of your ongoing insurance protection portfolio. •· Make certain that all outdoor areas, yards, patios, and pathways, are free of debris. Leaves, pine needles, etc., can be very slick and slippery, particularly when wet. •· Change sprinkler timers to go on early in the AM to assure that the outside walkways will be dry when someone views the home. •· Dogs and cats must alw...
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56 condominiums in San Carlos, Californnia sold in 2008. Average list price was $624,412 and average sales price was $609,113. This represents a 97.55% sales price to list price ratio. Average sales price per square foot was $484. Average days on market - list to contract date was 65 days. Here is a list of all condominiums and townhouse sold in San Carlos in 2008:
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By Arn Cenedella
(Coldwell Banker)
The project at 1001 Laurel San Carlos is nearing completion. 90 residential units plus retail space plus fitness center and interior courtyard. Underground parking. Units will range from 1 bedroom 1 bath to 3 bedroom 3 bath. 4 story building. The burning question I have is what will the pricing be? Only time will tell. Stay tuned and I will keep you posted. As a 22 year resident of San Carlos, it is a great town and I believe 1001 Laurel will be a nice addition to our ever-more bustling downtown. Plus it is right down the street from my favorite place to get a margarita - The Catina - try the pomegranite (sp?) margaritas! Follow www.twitter.com/SanCarlosCA for listing updates via Twitter.
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By Deirdre Sauvage, DRE:00847381
(Alain Pinel Realtors)
Today my blog looks at active listings and pending sales in San Carlos. Currently there are 46 single family homes listed as active on the Multiple Listing Service. Eight of these homes are listed for less than one million dollars.  MLS data indicates 16 pending sales as of this date. Buyers continue to seek premium locations with attractive pricing.  If you are looking to purchase in this market it is important to get prequalified and keep in contact with your mortgage broker throughout the search process. If you are in downtown San Carlos and looking for a park bench, try the downtown park located on  Laurel Street. Want to find the perfect real estate gem for you?  Email me today and we can get started! 
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By Arn Cenedella
(Coldwell Banker)
73 homes sold in the White Oaks area of San Carlos in 2008. MLS Map of San Carlos Average list price was $1,035,243 and average sales price was $1,208,625. This represents a 99.36% sales price to list price ratio. Average days on market - list to contract date was 25 days. Here is a list of all homes sold in the White Oaks neighborhood of San Carlos in 2008:
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By Deirdre Sauvage, DRE:00847381
(Alain Pinel Realtors)
On A Street Where You Live......   A home is more than just a place to live it is also an important financial decision. Today my blog is going to review San Carlos and look at some sales data for the past twenty four months. Here is what the data indicates per MLS (multiple listing service).   In June 2007 the average sales price in San Carlos was $1,145,000. From July 2006 to June 2007, there were 402 new listings.   In June 2008 the average sales price in San Carlos was $1,124,000. From July 2007 to June 2008, there were 403 new listings.   This data seems to indicate a relatively stable market.  The number of new listings entered on the multiple listing service during this twenty four month period was very similar for the two twelve month intervals.  The figures confirm that real est...
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A few weeks ago I posted a blog about listings priced under  $1,000,000 in San Carlos.  Having been on vacation for a week  I felt this was a  good time to take a look at San Carlos activity in this price range.  Currently there are 21 active listings priced under $1,000,000.  In addition, there  are currently 16 pending sales in this price range.  The average lot size for the pendings is 6562 sq feet with an average 1398 sq foot house.  Pending sales  have an average cumulative days on market of 34 days while the current active listings have an average of 70 cumulative days on market. (per mls data)  The bottom line :  homes that are properly priced based upon size and condition are selling.  Buyers are actively seeking value.   As a buyer this is a wonderful time to be out there looki...
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By Deirdre Sauvage, DRE:00847381
(Alain Pinel Realtors)
Currently there are 28 active listings in San Carlos listed under $1,000,000.  Given the small town feel of San Carlos and  strong community involvement, this presents a solid  opportunity for buyers looking to purchase under the one million dollar threshold.  So what does a million dollars buy?  The average  values show 1288 sq feet on a 6179 lot at an average list price  of $665 a sq foot.(Per MLS Active  Data)  Averages are just that--only averages.  Nine of these listings are 1500 sq feet or larger.  If you have been sitting on the fence waiting for some strong buys, now may be just the time.  For more information on Real Estate Gems in the Mid Peninsula Market go to www.MySFBayAreaHome.com.
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By Drew & Christine Morgan, Belmont California Real Estate
(RE/MAX Star Properties)
If the media gets a hold of the median price changes in San Carlos they'll be sure to spew more aspersions on the local housing market. According to the data reported in the MLS for San Mateo County, San Carlos's median home price fell from $1,199,000 in March 2008 to $915,000 in April. If true, that would mean a drop in value of over $284,000 or 24% in one month! But alas, homeowners need not listen to the media reports since they will invariably not account for the fact that the median size home which sold in April was a whopping 395 square feet smaller-accounting for approximately $252,000 in the adjusted median home price. As always, full statistical data is available on our web page at Morganhomes.com and we frequently discuss housing market trends on the peninsula on our blog page...
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By Drew & Christine Morgan, Belmont California Real Estate
(RE/MAX Star Properties)
Buyers have bought one thing--that's the media's pounding that home value are falling. Indeed they are in a lot of areas, but if you want to live in San Carlos, CA and are waiting for prices to drop, don't hold your breath too long.I recenly did this anaylsis for a client who wondered if their home values have dropped. They bought in an excellent area of San Carlos four years ago and paid the then prevailing purchase price in multiple offers of $885,000 for a three bedroom, two bath home which is approximately 1650 square feet.The follwoing is my brief analysis for them:The home which just sold on your street is not a bad comp, but it's not the best either. Logically it's the same size, in near proximity and (I suppose) condition, yet it is lacking the very things that attracted throngs...
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By Raymond Stoklosa, CRS, ABR
(Eleven Oaks Realty)
Another one from the newspapers... I came across this article about the San Carlos City Council discussion regarding adding a utility tax. Some of the most popular neighborhoods with my clients are White Oaks and Beverly Terrace, both in San Carlos. With as expensive as it is already to live in the Bay Area, would initiatives like this sway your decision to move to a particular neighborhood or city? Let us know...
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By John Pinto
(Realty World - John V. Pinto & Associates, Inc.)
I have reviewed the November MLS statistics for Single Family Homes in San Carlos, California. Please listen to my podcast to learn about the key trends and indicators in this area. If you have any questions about the market, feel free to give me a call at 408-829-4141 or e-mail JohnPinto@jvpinto.com Thank you, John V. Pinto
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By John Pinto
(Realty World - John V. Pinto & Associates, Inc.)
I have reviewed the November MLS statistics for Condominiums & Townhomes in San Carlos, California. Please listen to my podcast to learn about the key trends and indicators in this area. If you have any questions about the market, feel free to give me a call at 408-829-4141 or e-mail JohnPinto@jvpinto.com Thank you, John V. Pinto
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By John Pinto
(Realty World - John V. Pinto & Associates, Inc.)
I have reviewed the October MLS statistics for Condominiums & Townhomes in San Carlos, California. Please listen to my podcast to learn about the key trends and indicators in this area. If you have any questions about the market, feel free to give me a call at 408-829-4141 or e-mail JohnPinto@jvpinto.com Thank you, John V. Pinto
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By John Pinto
(Realty World - John V. Pinto & Associates, Inc.)
I have reviewed the October MLS statistics for Single Family Homes in San Carlos, California. Please listen to my podcast to learn about the key trends and indicators in this area. If you have any questions about the market, feel free to give me a call at 408-829-4141 or e-mail JohnPinto@jvpinto.com Thank you, John V. Pinto
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By Lenore Wilkas, Lenore Wilkas
(Coldwell Banker - Vista Village )
San Carlos is the final mid-peninsula city we are going to talk about this week.  It's a charming town between Belmont and  Redwood City.  What I like so much about San Carlos is its downtown which is filled with locally owned shops and restaurants.  The train station, sitting along El Camino Real, was built in the late 1800's and is a wonderful landmark for the city. Like the six other cities I've written about this past week, they too are at the Cool Buyer's level in our Altos Research report.  The median price of homes for sale last week was at $1,125,000 and the average days on the market was 65.  About a third of the homes on the market have seen price reductions. San Carlos has two distinct areas.  The older part of town is in the low lands, where it tends to be a little bit warme...
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