The San Carlos Real Estate Week in Review: 11/13/2017.

San Carlos home prices remain quite stable as we enter the mid-fall market. The average price for a home sale in San Carlos crossed the $2,000,000 mark again this past week, with the median price trailing slightly at just a little over $1,800,000.  For anyone who has lived in San Carlos for more than 10 years, those numbers are simply stunning.

Despite the record number of listings that we experienced during the month of September, the total number of listings for single-family homes through the month October are slightly down in San Carlos for 2017 (273), versus the same time period in 2016 (280).  2015 still holds the lowest total for the first 10 months at 235 listings.

That data is somewhat surprising, because it sure felt as if we were seeing more listings this year than what we experienced last year. But this simply reinforces the fact that the housing market remains tight in San Carlos.

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 11/12/2017:

San Carlos SFR Data	11/12/17	Prior Week
Closed Sales for the Week:	6	10
Average Sales Price:	$2,077,500	$1,983,680
Median Sales Price:	$1,842,500	$1,859,000
Average % Sold vs List Price:	106%	107%
Average DOM of Closed Sales	12	19
Average $/Sq Foot (Sold)	$983	$1,075
No. of New Listings:	4	5
Total # of Active Listings:	11	11
Average Price of Active Listings:	$2,198,636	$2,309,172
Average DOM of Active Listings:	15	18
Average $/Sq Foot (List)	$910	$980
Total # of Homes Pending Sale:	19	20
Active-Pending Ratio:	0.53 : 1	0.55 : 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)
309 Oakview Drive	$2,900,000	$2,695,000	+$205,000 (+7.6%)	8
141 Park Avenue	$2,700,000	$2,498,000	+$202,000 (+8.1%)	2
2423 Saint Francis Way	$1,900,000	$1,799,000	+$101,000 (+5.6%)	7
1320 Hull Drive	$1,785,000	$1,528,000	+$257,000 (+16.8%)	7
1180 Elm Street	$1,780,000	$1,698,000	+$82,000 (+4.8%)	13
2667 Thornhill Avenue	$1,495,000	$1,400,000	-$95,000 (-6.4%)	32

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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
30 La Barthe Lane	42	$2,590,000
345 Oakview Drive	32	$2,998,000
755 Orange Avenue	23	$1,749,888
1380 Hull Drive	8	$1,448,000

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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
20 Winding Way	$2,298,000	3BR/2.5BA	2,829/7,000	Cliff Whearley, Dwell Realtors
186 Fairbanks Avenue	$1,849,000	4BR/3BA	2,150/6,750	Len Moore, Vilmont Investment Properties
2717 San Miguel Way	$1,795,000	3BR/2.5BA	2,480/9,585	Julia Laquer, Sereno Group
264 Devonshire Boulevard	$1,628,000	3BR/2.5BA	1,990/9,100	Ellen Larios, Today Sothebys

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