The San Carlos Real Estate Week in Review: 9/26/2016.

After two weeks of above-average stats, the number of new listings to hit the market in San Carlos leveled off a bit this past week. Only five new listings hit the market, and they seemed to be coincidentally bunched right around the $1.5M price range. With eight homes being sold during the same period, that dropped the inventory of homes for sale back to down to 21 at the time of this post. Depending on what hits the market on Monday, this number may continue to drop, as several of these homes could be taking offers early in the week.

We are in the last week of September, which means that anyone who is considering selling their home and taking advantage of the Fall real estate market has about 3 weeks to get their home on the market. Once we hit the end of October, the weather begins to change and the daylight gets cut way back with the end of Daylight Savings Time. So if you're still on the fence about getting your home on the market, this is THE week that you need to probably make that decision and get your plans moving.

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 9/25/2016:

San Carlos SFR Data	9/25/16	Prior Week
Closed Sales for the Week:	4	5
Average Sold Price:	$1,679,500	$1,506,000
Average $/Sq Foot (Sold)	$987	$933
Average % List Price:	107%	103%
Average DOM of Closed Sales	12	35
Total # of Homes Pending Sale:	28	25
No. of New Listings:	5	9
Total # of Active Listings:	21	24
Average Price of Active Listings:	$1,906,071	$2,061,604
Average DOM of Active Listings:	24	24
Average $/Sq Foot (List)	$835	$887
Active-Pending Ratio:	0.75 : 1	0.96 : 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)
71 Madera Avenue	$1,900,000	$1,895,000	+$5,000 (+0.3%)	14
101 Vine Street	$1,735,000	$1,598,000	+$137,000 (+8.6%)	14
819 Rutherdale Avenue	$1,778,000	$1,625,000	+$153,000 (+9.4%)	7
1319 Geneva Avenue	$1,305,000	$1,198,000	+$107,000 (+8.9%)	11

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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
1837 Greenwood Avenue	11	$1,198,000
1345 Howard Avenue	48	$1,598,000
1722 Arroyo Avenue	8	$1,385,000
84 Fay Avenue	63	$1,095,000
916 Tamarack Avenue	8	$2,198,000
276 Fir Street	78	$1,499,000
2425 Melendy Drive	9	$1,699,000
1732 Elizabeth Street	15	$2,595,000

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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
1300 Magnolia Avenue	$1,498,000	2BR/2BA	2,000/7,440	Stephen Hicks, Gateway Properties
228 Manor Drive	$1,495,000	4BR/3BA	2,100/11,613	David Young, Coldwell Banker
1381 Alameda de las Pulgas	$1,475,000	3BR/2BA	1,470/5,500	Shawna Sullivan, Coldwell Banker
1920 Howard Avenue	$1,449,000	3BR/2BA	1,550/5,898	Anne King, KW
529 Sycamore Street	$1,300,000	2BR/2BA	2,210/5,445	Patrick Ryan, Alain Pinel Realtors

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