The San Carlos Real Estate Week in Review: 8/21/2017.

The real estate market activity backed off just a tad last week in San Carlos.  Only three new listings hit the market, and the same number went into contract.  This is not entirely surprising considering it was the last week that most of the public schools were out on summer break, and many people were dashing out of town to get that last week of vacation in.  The market should start to steadily gain some steam over the next two weeks leading up to Labor Day now that buyers are back in town and on task to find their new home.

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 8/20/2017:

San Carlos SFR Data	8/20/17	Prior Week
Closed Sales for the Week:	2	3
Average Sales Price:	$1,602,500	$1,884,333
Median Sales Price:	$1,602,500	$1,920,000
Average % Sold vs List Price:	106%	112%
Average DOM of Closed Sales	7	16
Average $/Sq Foot (Sold)	$824	$1,165
No. of New Listings:	3	4
Total # of Active Listings:	12	11
Average Price of Active Listings:	$1,763,158	$1,707,909
Average DOM of Active Listings:	22	16
Average $/Sq Foot (List)	$1,021	$1,036
Total # of Homes Pending Sale:	16	16
Active-Pending Ratio:	0.75 : 1	0.69 : 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)
1451 Magnolia Avenue	$1,710,000	$1,637,000	+$73,000 (+4.5%)	7
553 Dartmouth Avenue	$1,495,000	$1,400,000	+$95,000 (+6.8%)	6

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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
2294 Carmelita Drive	11	$1,350,000
26 Hilltop Drive	12	$1,600,000
40 Amber Court	6	$1,750,000

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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
3 Madera Avenue	$1,749,000	3BR/3.5BA	2,080/7,740	Bryce Cook, Dwell Realtors
8 Ensenada Road	$1,598,000	3BR/2BA	1,440/18,759	Mary Molinari, Coldwell Banker
1447 Alameda de las Pulgas	$1,329,000	3BR/1BA	1,310/6,150	Stephen Hicks, Gateway Properties

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