The San Carlos Real Estate Week in Review: 1/1/2018.

January 1, 2018

HNY2018

Happy New Year!  I hope everyone had a safe and enjoyable night, and a restful holiday break. This is the final weekly update for what has been yet another record-setting year in San Carlos real estate.  As was to be expected, activity this past week was very light with everyone being in holiday mode.  There are only a few closed sales to report, and no new listings or pending sales to add to the mix.

2017 will be a year that we will be talking about for years to come, as it easily exceeded everyone's even most optimistic predictions.  Later this week I will post my annual Year in Review, where I dig deep into the numbers that defined 2017.  But for now, suffice it to say that it was one wild ride.

Here's to a healthy and prosperous 2018 for everyone, and thank you for being loyal readers of the White Oaks Blog!  I am now starting my 11th year as the solo pilot of this site, and after writing 1,446 articles which have drawn nearly 3,000 comments from readers like you, I still love following and reporting on what makes San Carlos tick — both from a real estate perspective, and just being a resident here.  I look forward to refreshing the site and rolling out some new features in 2018.

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 12/31/2017:

San Carlos SFR Data 12/31/17 Prior Week
Closed Sales for the Week: 4 2
Average Sales Price: $2,065,000 $1,875,000
Median Sales Price: $2,020,000 $1,875,000
Average % Sold vs List Price: 107% 109%
Average DOM of Closed Sales 12 11
Average $/Sq Foot (Sold) $983 $909
No. of New Listings: 0 0
Total # of Active Listings: 3 3
Average Price of Active Listings: $2,243,000 $2,243,000
Average DOM of Active Listings: 36 30
Average $/Sq Foot (List) $971 $971
Total # of Homes Pending Sale: 14 18
Active-Pending Ratio: 0.21 : 1 0.17 : 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:

 

141 Palm Avenue

141 Palm Avenue

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)
240 Lemoore Drive $2,568,000 $2,599,000 -$31,000 (-1.2%) 13
141 Palm Avenue $2,317,000 $1,988,000 +$329,000 (+16.5%) 7
924 Woodland Avenue $1,723,000 $1,488,000 +$235,000 (+15.8%) 9
200 Sycamore Street $1,652,000 $1,699,999 -$47,999 (-2.8%) 19

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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
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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
$– –BR/–BA –/–

 

(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)
633  #402 $771,000 $749,000 +$22,000 (+2.9%) 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
$–

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

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