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San Carlos Remains Hot

March 14, 2008

sold-sign1
The San Carlos market remains tight, with low inventory and high demand.
San Carlos had six properties close escrow in the last four weeks:
400 Alameda de las Pulgas: List Price: $1,599,000, Sale Price $1,600,000
17 Granite Court: List Price: $1,299,888, Sale Price $1,450,000
1924 St. Francis Way: List Price: $1,202,000, Sale Price $1,202,000
56 Hilltop Drive: List Price $1,185,000, Sale Price $1,240,000
119 Oakview Drive: List Price $979,000, Sale Price $972,000
1915 Eucalyptus: List Price $959,000, Sale Price $1,135,000
The following properties went “Pending” after being on the market for less than 10 Days:
134 Sunnydale: List Price $1,750,000
2884 Roland: List Price $1,650,000
1021 Elm: List Price $1,325,000
151 Wildwood: List Price $1,189,000
2741 Bromley: List Price: $1,050,000
210 Sycamore: List Price: $899,000
928 Walnut: List Price: $849,000
140 Sunnydale: List Price $839,000
San Carlos inventory remains very low, currently with only 48 Active properties. We did not have one new property come on the market this week in the coveted $1,000,000 – $1,500,000 price range.

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Bob Bredel

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