Condominiums and Townhouses in San Carlos, CA 94070

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Real Estate Agent with Today | Sotheby's International Realty CA BRE# 01215160

Condominiums and Townhouses in San Carlos, California, 94070

Condo building in San Carlos, CA 94070

As I do every week for a number of communities, this morning I checked all San Carlos activity in the condominium and townhouse market. Here's what I found entered into our multiple listing service for condos and townhouses in the City of San Carlos:

24 - Active listings

 8 - Pending sales

 3 - Sales closed since 11/1/10

The Active listings range in price from $799,000 to $275,000; the median price is $555,250.

The Pending sales range in price from $744,000 to $399,000; (more about these below)

The Closed sales  ranged in sales price from $849,000 to $499,000, with a median price of $559,500.

I found the pending sales of great interest. The 4 lowest priced properties all all short-sales, with median asking price of $407,000. The 4 highest priced properties are traditional sales, with a median price of $720,000. This demonstrates two very different markets for condos/townhouses in San Carlos.

The condo/townhouse market in San Carlos has been hit most severely. Properties are selling, although more slowly than for single-family homes. Sellers need to have patience; proper pricing and marketing is essential. And buyers, opportunities in this market are more plentiful than in most recent years.

Give me a call and I'll be happy to let you know more about your micro-area, and help you explore pros and cons of buying versus renting.


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Topic:
Real Estate Market Trends
Location:
California San Mateo County San Carlos
Groups:
31 Days of January - New Years Resolution
Condo Benefits
Posts to Localism
Realtors®
San Francisco Bay Area Real Estate
Tags:
31 days of january
market statistics
condos and townhouses in san carlos ca

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Rainmaker
134,617
Luke Constantino
Keller Williams Empire Brooklyn New York
Keller Williams Realty Empire Brooklyn NY

You made me look up San Carlos... You even have your own airport huh?

Excellent post, thanks for saring....

I wish you alot of good energy in the new year!

January 06, 2011 02:47 PM
Rainmaker
797,213
Lottie Kendall
Helping make YOUR dreams a reality
Today | Sotheby's International Realty

Hi Luke -- San Carlos does have an airport--a general aviation one (I think that's the term); also Hiller Aviation Museum which is very nice. Mr. Hiller was one of the early inventors of helicopters, and a nearby resident. Hmmmmm----you gave me a good idea for a blog post!

Wishing you a great 2011, too.

January 06, 2011 08:58 PM
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Rainmaker
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Lottie Kendall

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