The San Carlos Real Estate Week in Review: 8/1/2016.

News flash for those of you who have not booked your summer vacation yet — July is in the books, and we're now officially in August. Time to squeeze in those last getaways before the new school year starts up. It's also the time for home sellers to be preparing their home for sale if the plan to make the move this fall. The start of the fall market typically coincides with the date when all of the schools start back up, which seems to be getting earlier each year. You no longer have to wait until after Labor Day weekend to put your home on the market.

Last week, the numbers stayed relatively unchanged for the third straight week. The inventory of single family homes remains unchanged at 20, since the four new listings were equally matched by the four homes that went into contract.

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 7/31/2016:

San Carlos SFR Data	7/31/16	Prior Week
Closed Sales for the Week:	7	7
Average Sold Price:	$2,199,542	$1,714,286
Average $/Sq Foot (Sold)	$919	$919
Average % List Price:	100%	101%
Average DOM of Closed Sales	29	20
Total # of Homes Pending Sale:	24	28
No. of New Listings:	4	5
Total # of Active Listings:	20	20
Average Price of Active Listings:	$1,862,940	$1,871,694
Average DOM of Active Listings:	35	31
Average $/Sq Foot (List)	$882	$886
Active-Pending Ratio:	0.77 : 1	0.71 : 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 Homes 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)
163 Los Vientos Way	$3,350,000	$4,080,000	-$730,000 (-17.9%)	103
833 Cordilleras Avenue	$2,750,000	$2,4950,000	+$142,250 (+7.3%)	8
2108 Eaton Avenue	$2,092,250	$1,950,000	+$142,250 (+7.3%)	11
890 Crestview Drive	$1,890,000	$1,798,000	+$92,000 (+5.1%)	5
115 Northam Avenue	$1,705,000	$1,595,000	+$110,000 (+6.9%)	7
3 Graceland Lane	$1,650,000	$1,598,000	+$52,000 (+3.3%)	8
1460 Cordilleras Avenue	$1,650,000	$1,798,000	-$148,000 (-8.2%)	36

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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
1424 Elm Street	3	$1,600,000
3469 La Mesa Drive	12	$1,675,000
1012 Sylvan Drive	5	$750,000
120 Arundel Road	27	$1,348,000

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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
1449 Howard Avenue	$1,600,000	3BR/2BA	1,290/4,282	Andrea Kohler, Intero
74 Cedar Street	$1,350,000	2BR/1BA	1,150/7,590	Marianne Osberg, Reali
1357 Rosewood Avenue	$1,280,000	2BR/1BA	1,160/4,800	Syliva Martinelli, Realty World
1027 Riverton Drive	$1,199,000	3BR/2BA	1,720/5,001	Deborah Chelini, Coldwell Banker

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