Wednesday, July 29, 2009

Are you contemplating remodeling your home or looking to move up to larger home in San Carlos?

Our clients remodeled 747 Knoll Drive from the studs up in 2004 with builder Mark Marks and architect John Stewart. They are ready for another San Carlos project and are open to a trade!

It’s difficult to move up in this market because close of escrow is typically dependent on three homes closing. In a trade situation, the parties agree on a fair market value for each property then move forward like a regular sale and purchase. The only difference - no third transaction will cause your purchase or sale to fall out of escrow!

If you are ready to move to a custom built, 3000+ square foot home on one of the most desirable streets in San Carlos, please contact us for details.

Virtual tour: www.knollsc.com

Wednesday, July 22, 2009

Summertime and the living easy at 1001 Laurel

It's the opening that the Peninsula real estate community has been waiting for—1001 Laurel, the new architectural jewel with 90 condominium homes in downtown San Carlos. The sales office will be open Saturday through Thursday beginning July 25th.

Light-washed interior spaces. Exquisite appointments and finishes. A central courtyard and a well-appointed fitness center. 1001 Laurel is stylish and functional—perfect for your buyers wanting a walk-around lifestyle. They're offering 1-, 2-, and 3-bedroom home designs. Check out their website for floor plans and images (a picture IS worth a thousand words!) http://1001laurel.com/homes.php Pricing starts in the $400,000's for 1 bedrooms. $600,000 for 2 bedrooms and up.  HOA  dues are in the low $300 to $400 depending n the square footage and include everything but electricity.

Please contact us with any questions or to request additional information. We will be happy to accompany you on your first visit to see these wonderful homes. Simply call or email us to set up an appointment.

Wednesday, July 15, 2009

We wanted to provide you with a Market Snapshot of the Real Estate Activity for San Carlos and San Mateo County.

San Carlos Avg Price Median Price Price Per Sq' Active Listings
Condos & Townhomes 580,464 503,125 465 17
Single Family Under $1 Million 825,507 699,000 500 23
Single Family Over $1 Million 1,557,448 1,260,825 561 37
Multi-Family 1,163,000 1,595,000 485 3
San Mateo County
Condos & Townhomes 584,633 363,523 457 389
Single Family Under $1 Million 662,475 486,454 439 633
Single Family Over $1 Million 2,516,592 1,328,837 748 627
Multi-Family 1,131,044 703,082 532 149



This gives you an idea of how San Carlos is holding up compared to the County. As you can see, condos and single family homes under $1 million in San Carlos remain strong in comparison. The average price per square foot in San Carlos for different types of properties is more consistent than that of the County.
If you have specific questions about the value of your home or the activity in your specific area, we will be happy to provide you with it. Simply call or e-mail us with your request.
We are happy to help!