The San Carlos Real Estate Week in Review: 7/3/2017.

July 3, 2017

Happy 4th of July weekend! While you are taking a break over the long weekend, so is most of the real estate market. July is traditionally one of the slowest months for real estate sales since many locals are out of town for some or all of the month. Sellers realize this and generally don't list their homes during the month of July since the lack of traffic may impact the interest level in their house, so you can expect the rate of new listings to drop a bit over the next

If you are a home buyer, however, this is one month where you might be able to score a relative bargain — or at least have less competition on a property than you would have had in the thick of the market. I have been able to snare some really good deals for my buyers in past months of July, so I will be on the lookout again this month.

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 7/2/2017:

San Carlos SFR Data 7/2/17 Prior Week
Closed Sales for the Week: 6 11
Average Sales Price: $1,922,167 $1,986,992
Median Sales Price: $2,050,000 $1,825,000
Average % Sold vs List Price: 110% 113%
Average DOM of Closed Sales 10 14
Average $/Sq Foot (Sold) $922 $1,137
No. of New Listings: 4 5
Total # of Active Listings: 10 11
Average Price of Active Listings: $2,245,375 $1,914,086
Average DOM of Active Listings: 16 13
Average $/Sq Foot (List) $1,088 $1,125
Total # of Homes Pending Sale: 23 23
Active-Pending Ratio: 0.43 : 1 0.49 : 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 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)
2616 Graceland Avenue $2,600,000 $2,498,000 +$102,000 (+4.1%) 13
224 Baytree Road $2,053,000 $1,999,500 +$58,000 (+2.9%) 14
999 Orange Avenue $2,050,000 $1,795,000 +$255,000 (+14.2%) 7
250 Shelford Avenue $2,050,000 $1,798,000 +$252,000 (+14.0%) 9
2 Estates Court $1,800,000 $1,598,000 +$202,000 (+12.6%) 4
928 Holly Street $980,000 $899,000 +$81,000 (+9.0%) 13


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
340 & 340B Laurel Street 18 $1,599,950
203 Clifton Avenue 9 $1,699,000
132 Arundel Road 10 $1,498,000
215 Club Drive 13 $1,649,000
1300 Orange Avenue 9 $1,589,000
7 Dickens Court 12 $1,695,000
132 Bay View Drive 24 $2,380,000


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
19 Cranfield Avenue $3,698,800 5BR/5BA 4,117/10,496 John Shroyer, Today Sothebys
220 Frances Lane $3,598,000 4BR/3BA 3,310/11,8855 Brian Chancellor, Sereno Group
100 Club Drive $1,639,950 3BR/2.5BA 1,744/11,600 Donna Colangelo, Intero
96 Cedar Street $1,425,000 3BR/2BA 1,480/8,700 Donna Black, Coldwell Banker


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