The San Carlos Real Estate Week in Review: 1/29/2018.
January 29, 2018
There were some very nice listings to hit the market this past week in San Carlos. Four of the six homes to debut on the market were listed above $2,000,000 with two of them being brand-new construction. This is noteworthy because as the buying power of prospective homeowners continues to increase as the economy strengthens, buyers are willing to pay a premium for brand new construction and homes that are fully updated. While some buyers are willing to take on some level of rehab, many can now afford a fully turn-key property.
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 1/28/2018:
San Carlos SFR Data | 1/28/18 | Prior Week |
---|---|---|
Closed Sales for the Week: | 1 | 2 |
Average Sales Price: | $1,775,000 | $1,902,500 |
Median Sales Price: | $1,775,000 | $1,902,500 |
Average % Sold vs List Price: | 96% | 113% |
Average DOM of Closed Sales | 60 | 11 |
Average $/Sq Foot (Sold) | $986 | $1,215 |
No. of New Listings: | 6 | 4 |
Total # of Active Listings: | 7 | 7 |
Average Price of Active Listings: | $2,393,850 | $1,907,714 |
Average DOM of Active Listings: | 15 | 14 |
Average $/Sq Foot (List) | $967 | $927 |
Total # of Homes Pending Sale: | 10 | 5 |
Active-Pending Ratio: | 0.7 : 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.
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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) |
---|---|---|---|---|
2549 San Carlos Avenue | $1,775,000 | $1,849,000 | -$74,000 (-4.0%) | 60 |
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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 Gateway Court | 9 | $2,400,000 |
1022 Alameda | 4 | $1,199,000 |
1534 White Oak Way | 7 | $1,980,000 |
25 Sunnydale Avenue | 18 | $1,998,998 |
1052 Lupin Way | 7 | $1,300,000 |
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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 |
---|---|---|---|---|
1985 Carmelita Drive | $3,495,000 | 6BR/4.5BA | 3,942/9,757 | Linda Espinoza, Landmark Properties |
125 Belvedere Avenue | $2,895,000 | 4BR/3BA | 2,323/4,600 | Bob Bredel, Dwell Realtors |
165 Glasgow Lane | $2,849,950 | 4BR/3.5BA | 2,800/7,823 | John Shroyer, Today Sothebys |
10 Gateway Court | $2,450,000 | 4BR/3.5BA | 2,845/5,437 | Samuel Pilli, Engel & Voelkers |
984 McCue Avenue | $1,299,000 | 3BR/2BA | 1,490/5,150 | Vandervort Group |
1040 McCue Avenue | $988,000 | 2BR/1BA | 1,030/5,450 | Bruno Baldini, Century 21 |
(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 |
---|---|---|
618 Walnut Street #301 | 3 | $998,000 |
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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 |
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656 Cedar Street #4 | $998,888 | 2BR/2.5BA | 1,440 | Michael Smith, Better Homes |
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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