San Carlos Real Estate Agent, San Carlos Realtor The San Carlos Real Estate Week in Review: 7/31/2017. | The White Oaks Blog
San Carlos Real Estate July 31, 2017

The San Carlos Real Estate Week in Review: 7/31/2017.

by Chuck Gillooley

The San Carlos real estate market returned back to a pace that is more typical of late July, with only one new listing taking its place on the street.  Home buyers remained active, though, as they took 6 homes into contract which drove the available inventory down to just 10 homes in the entire city as of this morning.  The average days on market (DOM) of these 10 homes remains at a surprisingly high 35 days — not something we’re accustomed to seeing in this market.

Sale prices remained strong this week, with the average sale fetching a healthy 8% premium over the list price.

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 7/30/2017:

San Carlos SFR Data 7/30/17 Prior Week
Closed Sales for the Week: 5 6
Average Sales Price: $1,940,000 $1,650,807
Median Sales Price: $1,853,000 $1,599,920
Average % Sold vs List Price: 108% 115%
Average DOM of Closed Sales 12 9
Average $/Sq Foot (Sold) $927 $1,201
No. of New Listings: 1 2
Total # of Active Listings: 10 14
Average Price of Active Listings: $1,862,600 $1,962,629
Average DOM of Active Listings: 35 25
Average $/Sq Foot (List) $1,029 $1,007
Total # of Homes Pending Sale: 12 10
Active-Pending Ratio: 0.83 : 1 1.4 : 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:

 

132 Bay View Drive
132 Bay View Drive

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)
132 Bay View Drive $2,500,000 $2,380,000 +$120,000 (+5.0%) 24
215 Club Drive $2,250,000 $2,099,950 +$150,050 (+7.1%) 13
203 Clifton Avenue $1,853,000 $1,699,000 +$154,000 (+9.1%) 9
96 Cedar Street $1,662,000 $1,425,000 +$237,000 (+16.6%) 12
1368 Elm Street $1,435,000 $1,398,000 +$37,000 (+2.6%) 0

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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
2667 San Carlos Avenue 11 $1,295,000
12 Elston Court 11 $2,298,000
948 McCue Avenue 12 $1,295,000
19 Cranfield Avenue 30 $3,698,800
208 Oakview Drive 24 $1,350,000
2 Daffodil Lane 17 $1,399,999

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New Single-Family Home Listings in San Carlos:

 

2024 Brittan Avenue
2024 Brittan Avenue

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
2024 Brittan Avenue $1,695,000 3BR/2BA 1,597/5,000 John Shroyer, Today 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)
645 Prospect Street #103 $970,000 $979,000 -$9,000 (-0.9%) 24
1 Laurel Street #102 $810,000 $799,000 +$11,000 (+1.4%) 31

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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
1001 Laurel Street #220 10 $988,000
1001 Laurel Street #111 11 $1,168,000

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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
8 Iris Lane $1,498,000 3BR/2BA 1,990 Eddie Azzopardi, Realty World

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 no way responsible for the accuracy of the data from this source.

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