The San Carlos Real Estate Week in Review: 11/20/2017.

Very little changed in the past week in the San Carlos real estate market, but that is to be expected for being in mid-November.  This time of year is normally steady, but not hyper-active like we witnessed in September. But that's not to say that there won't be great listings coming up between now and the end of the year (I have a fabulous listing coming up on Palm Avenue in San Carlos in the next week or so…..)

Could it be that the going rate for a nicely updated three-bedroom home in the flats of San Carlos is now $2.2M or higher?  This past week, both 1645 Elm Street and 1343 Eaton Avenue joined 1382 Geneva Avenue as recent examples of what a beautifully dialed-in 3BR home will fetch in this market, and there does not seem to be any indication that this trend is going to change any time soon.

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 11/19/2017:

San Carlos SFR Data	11/19/17	Prior Week
Closed Sales for the Week:	5	6
Average Sales Price:	$1,912,200	$2,077,500
Median Sales Price:	$2,075,000	$1,842,500
Average % Sold vs List Price:	105%	106%
Average DOM of Closed Sales	14	12
Average $/Sq Foot (Sold)	$881	$983
No. of New Listings:	3	4
Total # of Active Listings:	11	11
Average Price of Active Listings:	$2,283,541	$2,309,172
Average DOM of Active Listings:	13	15
Average $/Sq Foot (List)	$931	$910
Total # of Homes Pending Sale:	17	19
Active-Pending Ratio:	0.65 : 1	0.53 : 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)
1343 Eaton Avenue	$2,251,000	$1,783,000	+$468,000 (+26.2%)	7
1645 Elm Street	$2,215,000	$1,898,000	+$317,000 (+16.7%)	17
813 Rutherdale Avenue	$2,075,000	$2,099,950	-$24,950 (-1.2%)	21
3180 Brittan Avenue	$1,520,000	$1,498,000	+$22,000 (+1.5%)	10
58 Club Drive	$1,500,000	$1,798,000	-$298,000 (-16.6%)	14

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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
2642 San Carlos Avenue	18	$1,595,000
2604 Graceland Avenue	69	$3,750,000

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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 Charlton Street	$2,999,950	5BR/4.5BA	2,995/5,600	Richard Schlicht, Innovative Realty
240 Lemoore Drive	$2,599,000	5BR/3.5BA	2,680/9,075	Joyce & Tatum, Dwell Realtors
191 Kelton Avenue	$2,545,000	5BR/3BA	2,710/6,050	Christina Ng, Alain Pinel Realtors

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