Redwood City Quick Out of the Gate

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horse-race.jpgThe frontrunner in January’s horse race, by more than a nose, is clearly Redwood City. In the first four weeks of January there have been 103 new SFR listings in the Redwood City/San Carlos/Belmont area, and 67% of those have been in the county seat. Last week was no exception, with Redwood City leading the pack with 18 newbies to San Carlos’s 5 and Belmont’s 2. Seven of the 10 homes listed for over $1mil were also in Redwood City, with the highest new listing of $2,295,000 located at 12 Woodleaf Avenue. There are plenty of properties to be had under the $1mil mark though, with 159 currently available in Redwood City, 42 in San Carlos, and 26 in Belmont. Here are this week’s under $1mil listings:

1105 Cedarwood Way, Redwood City, 5/2, 1900 sf, $899,999
Off Woodside Road, and backing up to Selby Lane School. Last sold in October 2005 for $752,000.

1061 15th Avenue, Redwood City, 3/1, 1060 sf, $499,900
Cute older home with some upgrades. Bank owned, but not a short sale.

3347 Spring Street, Redwood City, 2/1, 1090 sf, $580,000
No images on this one, but it is on a corner lot and is not a short sale.

606 Flynn Avenue, Redwood City, 3/2, 1100 sf, $700,000
Already reduced to $670,000 just 5 days into the listing! Last sale August 2005 for $700,000.

812 Cordilleras Avenue, San Carlos, 2/1, 1020 sf, $849,000
This showed up as a new listing per MLS but I was unable to find it on either Redfin or Movoto.

464 Topaz Street, Redwood City, 3/2, 1630 sf, $875,000
Westside home off Jefferson, with new paint and carpet, family room, dining room, and nice back yard. Last sold June 2004 for $790,000. OPEN SUNDAY 1-4

1571 Union Avenue, Redwood City, 4/2, 1700 sf, $899,950
Larger home with new addition off Woodside Road. Last purchased in May 2007 for $700,000.

1120 Hiller Street, Belmont, 3/1, 1090 sf, $675,000
Unremarkable home off Ralston Avenue., however it appears to be in good shape and priced right.

811 Sunset Drive, San Carlos, 3/1.5, 1200 sf, $995,000
For some reason, this home is pricing out at $807,730 on eppraisal.com and $876,000 on Zillow, both of which seem low. This is a nice neighborhood off upper Brittan, with this home has views, upgrades, and is said to be well-maintained. OPEN HOUSE SATURDAY AND SUNDAY1:30-4:30 PM

251 Pacific Avenue, Redwood City, 3/2. 1260 sf, $579,900
Eastside home off Middlefield Avenue, backing industrial property. Last sold in May of 2005 for $710,000.

1027 Springfield Drive, San Carlos, 2/1, 820 sf, $780,000
Small, updated eastside bungalow with separate unit in the backyard. Last sale was September 2005 for $735,000.

1244 Alameda, Redwood City, 3/2, 1320 sf, $779,000
The home is on busy Alameda near Roosevelt, but the feel of the home is more rustic and country, with wood shingle siding, flagstone patio with pond and gazebo. Lots of upgrades, including a urinal in one of the bathrooms!

3166 Fair Oaks Avenue, Redwood City, 2/1, 700 sf, $639,000
Smallest home on the list located on the corner of 4th Street.

559 Scott Avenue, Redwood City 3/3, 1340 sf, $699,000
Eastside home off Middlefield Road, near Costco. Also listed on this street is 538 Scott Avenue, a 3/2 at $649,000. Last sold January 2007 for $750,000.

5 Vera Court, Redwood City, 2/2, 1340 sf, $575,000
A block and a half off El Camino, this is an older home that has been upgraded and enlarged. Last sold in Oct 2005 for $705,000.

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