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

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.

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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)
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

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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
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

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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
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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