The San Carlos Real Estate Week in Review: 6/19/2017.

June 19, 2017

Fathers-Day-2017

Happy Father's Day to all of the San Carlos dads!  The local real estate market completed another strong week, with home sale prices fetching an impressive 112% of the list price on average, and the average price of a home sold in San Carlos topped the $2,000,000 mark once again. The inventory of homes for sale remains relatively low in the mid-teens, and should not change appreciably in the coming weeks.  No matter how many homes seem to hit the market at one time, the same number get absorbed at the same time. This past week was no different, as the inventory only shifted by two homes after all of the dust settled.

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 6/18/2017:

San Carlos SFR Data 6/18/17 Prior Week
Closed Sales for the Week: 6 5
Average Sales Price: $2,005,167 $1,724,001
Median Sales Price: $2,049,000 $1,780,000
Average % Sold vs List Price: 112% 109%
Average DOM of Closed Sales 18 14
Average $/Sq Foot (Sold) $892 $860
No. of New Listings: 5 6
Total # of Active Listings: 15 13
Average Price of Active Listings: $2,016,297 $2,169,031
Average DOM of Active Listings: 16 15
Average $/Sq Foot (List) $998 $964
Total # of Homes Pending Sale: 25 28
Active-Pending Ratio: 0.6 : 1 0.56 : 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.

San Carlos Open House List

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San Carlos Single-Family Residences Sold:

 

2115 White Oak Way

2115 White Oak Way

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)
2115 White Oak Way $2,848,000 $2,848,000 $0 (0%) 18
851 Orange Avenue $2,315,000 $1,998,000 +$317,000 (+15.9%) 10
33 Cobblestone Lane $2,210,000 $1,795,000 +$415,000 (+23.1%) 12
2620 Debbie Place $1,888,000 $1,788,000 +$100,000 (+5.6%) 18
2164 Brittan Avenue $1,390,000 $1,349,000 +$51,000 (+3.8%) 39
1431 Alameda de las Pulgas $1,380,000 $1,098,000 +$282,000 (+25.7%) 10

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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
1233 Greenbrier Road 13 $1,895,000
1119 Alameda de las Pulgas 11 $1,198,950
1800 Howard Avenue 14 $1,950,000

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New Single-Family Home Listings in San Carlos:

 

128 Loma Road

128 Loma Road

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
128 Loma Road $1,875,000 4BR/2BA 2,010/8,125 Michael Liffman, Alain Pinel Realtors
231 Winding Way $1,500,000 3BR/2BA 1,980/4,785 Jeffrey Lang, Alain Pinel Realtors
132 Arundel Road $1,498,000 3BR/2BA 1,390/8,500 Shelly Roberson, Alain Pinel Realtors
2233 Howard Avenue $1,499,000 2BR/2BA 1,560/4,800 Melanie Smith, Coldwell Banker
929 Holly Street $899,000 2BR/1BA 890/5,850 Brian Ayer, Golden Gate Sothebys

 

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

Homes 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)
434 Portofino Drive #301 $1,195,000 $1,299,000 -$104,000 (-8.0%) 9
1456 San Carlos Avenue #202 $886,000 $829,000 +$57,000 (+6.9%) 11
757 Elm Street #1 $700,000 $699,000 +$1,000 (+0.1%) 9

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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
1 Laurel Street #102 26 $799,000
3388 Brittan Avenue #9 6 $925,000

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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
3362 La Mesa Drive #1 $865,000 3BR/2BA 1,239 Marla Perego, Coldwell Banker
3374 La Mesa Drive #3 $820,000 2BR/2BA 1,040 Naomi Gable, Alain Pinel Realtors

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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