The San Carlos Real Estate Week in Review: 4/9/2018.

All of the local public schools are on their respective Spring breaks this week, so activity might be a little slower earlier in the week in San Carlos. But we are at the point of the year where the month of June is only about 7 weeks away, and this is significant because it marks the end of what we traditionally call the Spring Market in real estate. Once June hits, buyers are pulled away to vacations and weddings, and this drop-off in presence is definitely felt in the market.

So look for an increase in market intensity over the next 6-7 weeks as those home sellers that still want to get their home sold in the first half of the year put their homes on the market. This should bode well for buyers since it should result in a more robust turn in the local real estate inventory.

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 4/8/2018:

San Carlos SFR Data	4/8/18	Prior Week
Closed Sales for the Week:	7	11
Average Sales Price:	$2,097,857	$1,817,091
Median Sales Price:	$1,950,000	$1,800,000
Average % Sold vs List Price:	112%	117%
Average DOM of Closed Sales	8	8
Average $/Sq Foot (Sold)	$1,210	$1,143
No. of New Listings:	7	3
Total # of Active Listings:	15	12
Average Price of Active Listings:	$2,212,993	$2,261,000
Average DOM of Active Listings:	22	23
Average $/Sq Foot (List)	$921	$939
Total # of Homes Pending Sale:	19	21
Active-Pending Ratio:	0.8 : 1	0.57 : 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)
895 Knoll Drive	$2,850,000	$2,495,000	+$355,000 (+14.2%)	11
231 Kelton Avenue	$2,400,000	$1,849,000	+$551,000 (+29.8%)	7
313 Clifton Avenue	$2,300,000	$2,039,800	+$260,200 (+12.8%)	6
239 Ruby Avenue	$1,950,000	$1,825,000	+$125,000 (+6.8%)	8
723 Cordilleras Avenue	$1,755,000	$1,700,000	+$55,000 (+3.2%)	2
1176 Walnut Street	$1,750,000	$1,549,000	+$201,000 (+13.0%)	13
1968 San Carlos Avenue	$1,680,000	$1,569,000	+$111,000 (+7.1%)	10

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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
470 Emerald Avenue	11	$1,598,000
3329 Melendy Drive	12	$1,998,000
2709 Debbie Court	12	$1,709,000
66 Bayport Court	9	$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
239 Exeter Avenue	$2,750,000	4BR/4BA	2,750/7,848	Dana Cappiello, Sothebys International
3281 Brittan Avenue	$1,995,000	4BR/3BA	2,8730/7,565	John Shroyer, Today Sothebys
111 Exeter Avenue	$1,850,000	3BR/2.5BA	2,400/7,700	Bryan Sweeley, Alain Pinel Realtors
1036 Hewitt Drive	$1,825,000	3BR/2BA	1,825/7,625	Ester Kozaczuk, Pacific Union
1128 Royal Lane	$1,735,000	3BR/2.5BA	2,590/2,983	Janet Davis, Hometown Realty
529 Hillcrest Road	$1,650,888	3BR/2BA	1,420/5,096	Carmen Miranda, Alain Pinel Realtors
222 Sycamore Street	$1,398,000	3BR/1BA	1,845/7,000	James Sun, Centermac Realty

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