The San Carlos Real Estate Week in Review: 1/29/2018.

January 29, 2018

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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.

San Carlos Open House List

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San Carlos Single-Family Residences Sold:

 

2549 San Carlos Avenue

2549 San Carlos 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)
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:

 

1985 Carmelita Drive

1985 Carmelita Drive

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.)

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)
$– $– +$ (+–%)

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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
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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