The San Carlos Real Estate Week in Review: 11/13/2017.

November 13, 2017

309-Oakview-Drive

San Carlos home prices remain quite stable as we enter the mid-fall market. The average price for a home sale in San Carlos crossed the $2,000,000 mark again this past week, with the median price trailing slightly at just a little over $1,800,000.  For anyone who has lived in San Carlos for more than 10 years, those numbers are simply stunning.

Despite the record number of listings that we experienced during the month of September, the total number of listings for single-family homes through the month October are slightly down in San Carlos for 2017 (273), versus the same time period in 2016 (280).  2015 still holds the lowest total for the first 10 months at 235 listings.

That data is somewhat surprising, because it sure felt as if we were seeing more listings this year than what we experienced last year. But this simply reinforces the fact that the housing market remains tight in San Carlos.

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 11/12/2017:

San Carlos SFR Data 11/12/17 Prior Week
Closed Sales for the Week: 6 10
Average Sales Price: $2,077,500 $1,983,680
Median Sales Price: $1,842,500 $1,859,000
Average % Sold vs List Price: 106% 107%
Average DOM of Closed Sales 12 19
Average $/Sq Foot (Sold) $983 $1,075
No. of New Listings: 4 5
Total # of Active Listings: 11 11
Average Price of Active Listings: $2,198,636 $2,309,172
Average DOM of Active Listings: 15 18
Average $/Sq Foot (List) $910 $980
Total # of Homes Pending Sale: 19 20
Active-Pending Ratio: 0.53 : 1 0.55 : 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:

 

309 Oakview Drive

309 Oakview 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)
309 Oakview Drive $2,900,000 $2,695,000 +$205,000 (+7.6%) 8
141 Park Avenue $2,700,000 $2,498,000 +$202,000 (+8.1%) 2
2423 Saint Francis Way $1,900,000 $1,799,000 +$101,000 (+5.6%) 7
1320 Hull Drive $1,785,000 $1,528,000 +$257,000 (+16.8%) 7
1180 Elm Street $1,780,000 $1,698,000 +$82,000 (+4.8%) 13
2667 Thornhill Avenue $1,495,000 $1,400,000 -$95,000 (-6.4%) 32

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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
30 La Barthe Lane 42 $2,590,000
345 Oakview Drive 32 $2,998,000
755 Orange Avenue 23 $1,749,888
1380 Hull Drive 8 $1,448,000

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New Single-Family Home Listings in San Carlos:

 

20 Winding Way

20 Winding Way

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
20 Winding Way $2,298,000 3BR/2.5BA 2,829/7,000 Cliff Whearley, Dwell Realtors
186 Fairbanks Avenue $1,849,000 4BR/3BA 2,150/6,750 Len Moore, Vilmont Investment Properties
2717 San Miguel Way $1,795,000 3BR/2.5BA 2,480/9,585 Julia Laquer, Sereno Group
264 Devonshire Boulevard $1,628,000 3BR/2.5BA 1,990/9,100 Ellen Larios, 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)
1 Elm Street #102 $920,000 $899,000 +$21,000 (+2.3%) 16

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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
2 Geranium Lane 7 $1,449,000

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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
$– –BR/–BA

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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