The San Carlos Real Estate Week in Review: 5/29/2017.
May 29, 2017
It was definitely a memorable week for home sales in San Carlos leading into the holiday weekend. Home sales figures once again stole the show with some eye-popping numbers being posted yet again. 11 homes closed escrow last week at an average sales price that topped $2,000,000. Note that starting this week I also added the median sales price to the metrics that we us to track the market performance.
The other two numbers that really jump out this week are the average price per square foot ($1,092), and the average percentage over the list price (+14%). Both of these indicators have been high for the past few weeks, and they make it abundantly clear that buyers are still pushing the envelope upward on home pricing in San Carlos.
Have a safe and enjoyable Memorial Day holiday! 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 5/28/2017:
San Carlos SFR Data | 5/28/17 | Prior Week |
---|---|---|
Closed Sales for the Week: | 11 | 5 |
Average Sales Price: | $2,048,455 | $1,867,000 |
Median Sales Price: | $1,750,000 | $– |
Average % Sold vs List Price: | 114% | 111% |
Average DOM of Closed Sales | 7 | 9 |
Average $/Sq Foot (Sold) | $1,092 | $1,068 |
No. of New Listings: | 6 | 8 |
Total # of Active Listings: | 14 | 18 |
Average Price of Active Listings: | $1,803,607 | $1,830,028 |
Average DOM of Active Listings: | 14 | 10 |
Average $/Sq Foot (List) | $923 | $882 |
Total # of Homes Pending Sale: | 27 | 25 |
Active-Pending Ratio: | 0.52 : 1 | 0.72 : 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 Residences 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) |
---|---|---|---|---|
677 Knoll Drive | $3,750,000 | $3,495,000 | +$255,000 (+9.8%) | 4 |
3020 Melendy Drive | $2,400,000 | $1,895,000 | +$505,000 (+16.8%) | 8 |
965 Chestnut Street | $2,335,000 | $1,894,888 | +$440,112 (+16.8%) | 11 |
2441 San Carlos Avenue | $1,795,000 | $1,485,850 | +$309,150 (+20.1%) | 9 |
7 Phillip Lane | $1,750,000 | $1,599,000 | +$151,000 (+9.4%) | 9 |
1561 Greenwood Avenue | $1,685,000 | $1,698,000 | -$13,000 (-0.8%) | 0 |
244 Windsor Drive | $1,500,000 | $1,328,000 | +$172,000 (+13.0%) | 6 |
45 Maple Way | $1,500,000 | $1,335,000 | +$165,000 (+12.4%) | 3 |
2424 Saint Francis Way | $1,450,000 | $1,398,000 | +$52,000 (+3.7%) | 14 |
224 Oakview Drive | $1,368,000 | $1,098,000 | +$270,000 (+24.6%) | 8 |
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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 |
---|---|---|
2620 Debbie Place | 19 | $1,788,000 |
2 Estates Court | 4 | $1,598,000 |
2717 San Miguel Way | 29 | $1,850,000 |
222 Sycamore Street | 4 | $1,233,000 |
851 Orange Avenue | 10 | $1,998,000 |
1431 Alameda de las Pulgas | 10 | $1,098,000 |
848 Sunset Drive | 3 | $2,898,000 |
250 Shelford Avenue | 9 | $1,798,000 |
907 Sunset Drive | 7 | $1,468,000 |
10 El Sereno Drive | 7 | $2,395,000 |
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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 |
---|---|---|---|---|
848 Sunset Drive | $2,848,000 | 4BR/3.5BA | 2,856/5,252 | Tom Lemieux, Pacific Union |
224 Baytree Road | $1,995,000 | 4BR/3.5BA | 2,380/6,800 | Cliff Whearley, Dwell Realtors |
228 Oakview Drive | $1,698,000 | 3BR/3BA | 1,745/7,100 | Justine Ford |
1937 Saint Francis Way | $1,595,000 | 4BR/3BA | 2,170/6,900 | Vincent Cardinale, Keller Williams |
33 Cedar Street | $1,299,000 | 3BR/1BA | 1,290/5,500 | Judy Litteer, Better Homes |
975 Springfield Drive | $949,000 | 2BR/1BA | 820/5,400 | Russell Boyd, Better Homes |
(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) |
---|---|---|---|---|
— | $– | $– | $– (+–%) | — |
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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 |
---|---|---|
757 Elm Street #1 | 9 | $699,000 |
404 Portofino Drive #2 | 28 | $875,000 |
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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 |
---|---|---|---|---|
— | $– | — | — | — |
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 sourc
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