The San Carlos Real Estate Week in Review: 12/25/2017.

December 26, 2017

Merry Christmas!  I hope everyone had a safe and enjoyable holiday. The real estate market in San Carlos certainly took a breather for the holidays, with no new listings to report and just a couple of sales. Home buyers stayed busy, putting half of the 6 homes for sale last week into contract. That dropped our inventory down to rock-bottom levels, where they will likely stay until a few weeks into the new year.

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 12/24/2017:

San Carlos SFR Data 12/24/17 Prior Week
Closed Sales for the Week: 2 3
Average Sales Price: $1,875,000 $1,794,000
Median Sales Price: $1,875,000 $1,810,000
Average % Sold vs List Price: 109% 119%
Average DOM of Closed Sales 11 12
Average $/Sq Foot (Sold) $909 $907
No. of New Listings: 0 1
Total # of Active Listings: 3 6
Average Price of Active Listings: $2,243,000 $2,012,571
Average DOM of Active Listings: 30 17
Average $/Sq Foot (List) $971 $963
Total # of Homes Pending Sale: 18 16
Active-Pending Ratio: 0.17 : 1 0.44 : 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)
264 Devonshire Boulevard $1,950,000 $1,628,000 +$322,000 (+19.8%) 9
186 Fairbanks Avenue $1,800,000 $1,849,000 -$49,000 (-2.7%) 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
734 Neal Avenue 21 $1,579,000
2756 Debbie Court 13 $1,950,000
429 Emerald Avenue 7 $1,880,000

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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
$– –BR/–BA –/–

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