The San Carlos Real Estate Week in Review: 9/19/2016.

New listing activity remained strong for the second straight week in Fall. Nine new single-family residence listings hit the market last week in San Carlos, matching the prior week's performance. That's a reasonably high number for any week in the year, so sellers are definitely looking to move their homes before we head into the holidays.

Since only 5 homes were put into contract during last week, this surge of new listings pushed our inventory back up to 24 homes for sale, which is great news for home buyers. More homes means more choices and a little less buying competition. It will be interesting to see if this listing pace keeps up as we start into the 3rd week.

Here is a look at last week's numbers:

The Numbers.

Below is a high-level view of the market performance for single-family residences (SFR) in San Carlos. This data is for the 7-day period ending Sunday 9/18/2016:

San Carlos SFR Data	9/18/16	Prior Week
Closed Sales for the Week:	5	3
Average Sold Price:	$1,506,000	$1,550,000
Average $/Sq Foot (Sold)	$933	$849
Average % List Price:	103%	105%
Average DOM of Closed Sales	35	23
Total # of Homes Pending Sale:	25	25
No. of New Listings:	9	9
Total # of Active Listings:	24	19
Average Price of Active Listings:	$2,061,604	$2,145,789
Average DOM of Active Listings:	24	27
Average $/Sq Foot (List)	$887	$895
Active-Pending Ratio:	0.96 : 1	0.76 : 1

The San Carlos Open House Page.

If you're looking at open houses this weekend in San Carlos, check out the San Carlos Open House List. With one click on the Open House sign below, you'll get a “live” list of all the homes and condos that will be open this weekend in San Carlos! It's updated continuously from the MLS, so bookmark this link and you'll never have to wander around town looking for open houses again.

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San Carlos Single-Family Homes Sold:

 

Below is a list of the single-family home contracts that closed escrow this past week in San Carlos. Click on the address of each to see the complete details.

Address	Sold Price	Orig. List	Difference	DOM (days)
107 Dartmouth Avenue	$1,710,000	$1,599,000	+$111,000 (+6.9%)	15
807 Cedar Street	$1,605,000	$1,475,000	+$130,000 (+8.8%)	9
948 Alameda de las Pulgas	$1,515,000	$1,648,888	-$133,888 (-8.1%)	117
1357 Rosewood Avenue	$1,400,000	$1,280,000	+$120,000 (+9.4%)	12
74 Cedar Street	$1,300,000	$1,350,000	-$50,000 (-3.7%)	21

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San Carlos Single-Family Homes Pending Sale:

The following single-family homes went into contract in San Carlos this past week. Click on the address of each home to see more details and photos:

Address	DOM (days)	List Price
964 Lupin Way	24	$1,399,000
228 Windsor Drive	13	$1,399,000
578 Cedar Street	32	$1,850,000
208 Oakview Drive	9	$1,099,000
806 Tamarack Avenue	9	$1,698,000

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New Single-Family Home Listings in San Carlos:

 

Below are the new listings that hit the market this past week in San Carlos. Click on the address of each home to see more details and photos.

Address	List Price	BR/BA	Sq Ft (home/lot)	Listed By
231 Exeter Avenue	$2,200,000	4BR/3BA	2,730/7,819	The Jennings Group, KW
916 Tamarack Avenue	$2,198,000	5BR/3BA	2,711/5,502	Alex Wang, Sereno Group
850 Buckland Avenue	$1,798,000	5BR/3BA	2,571/7,200	Carlos Lopez, Realty One
2425 Melendy Drive	$1,699,000	3BR/3BA	2,341/9,301	Carol and Nicole, Alain Pinel Realtors
1125 Dayton Avenue	$1,580,000	3BR/2.5BA	2,130/11,861	Alan Loveless, Coldwell Banker
1722 Arroyo Avenue	$1,398,000	2BR/1BA	1,220/6,600	John Boehrer, RE/MAX
1436 Cordilleras Avenue	$1,249,500	3BR/1BA	1,370/4,400	Alana Corso, Dwell Realtors
1358 Woodland Avenue	$1,189,000	2BR/1BA	1,090/4,038	Chuck Cochran, Coldwell Banker
1833 Brittan Avenue	$998,000	2BR/1BA	1,230/4,800	Greg Stange, Pacific Union

 

(Click the “Homes For Sale” sign below to see ALL of the homes currently for Sale in San Carlos.)

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Condos and Townhomes Sold in San Carlos:

Below are the condos/townhouses that closed escrow this past week. Click on the address of each home to see more details and photos.

Address	Sold Price	Orig. List	Difference	DOM (days)
3366 Brittan Avenue #10	$785,000	$789,000	-$4,000 (-0.5%)	7

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Condo/Townhouse Pending Sale this Week.

The following condos/townhouses went into contract this week. Click on the address of each home to see more details and photos.

Address	DOM (days)	List Price
3358 La Mesa Drive #3	5	$788,000

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New Condo/Townhouse Listings in San Carlos:

The following condo/townhouses listed this past week. Click on the address of each home to see more details and photos.

Address	List Price	BR/BA	Sq Feet	Listed By
21 Calypso Lane	$1,198,000	3BR/2.5BA	1,709	Eddie Azzopardi, Realty World
26 Buttercup Lane	$1,195,000	3BR/2.5BA	1,793	Susan McKay, Lone Wolf

Disclaimer: The “San Carlos Week in Review” series is a summary of new listings and home sales in San Carlos for the prior week. The data provided in this report is strictly for informational purposes only, and should not imply that the author was involved in either side of the transaction unless explicitly stated otherwise. The source of this data is the Multiple Listing Service (MLS), so the author is in now way responsible for the accuracy of the data from this source.