The San Carlos Real Estate Week in Review: 4/23/2018.
April 23, 2018
There was quite a significant jump in all level of activity last week in the San Carlos real estate market. 11 homes closed escrow at an average price that topped $2.2M — one of the highest levels of the year. But another interesting fact that may get lost in the data below is that 3 of those 11 homes never hit the market. They were sold preemptively or were intentionally sold off-market. While it's not uncommon to see homes in San Carlos sell in this manner, it is rare to see so many in the same week. There will be more at least one more off-market sale to report this coming week.
The inventory of single-family homes inched slightly upward to 23, which is slightly higher than the weekly averages that we've been accustomed to seeing. The inventory of condos and townhomes remains quite sparse, with only 3 units available city-wide.
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 4/22/2018:
San Carlos SFR Data | 4/22/18 | Prior Week |
---|---|---|
Closed Sales for the Week: | 11 | 5 |
Average Sales Price: | $2,227,445 | $2,093,000 |
Median Sales Price: | $2,309,899 | $2,220,000 |
Average % Sold vs List Price: | 114% | 117% |
Average DOM of Closed Sales | 7 | 8 |
Average $/Sq Foot (Sold) | $1,189 | $1,179 |
No. of New Listings: | 10 | 8 |
Total # of Active Listings: | 23 | 19 |
Average Price of Active Listings: | $1,997,784 | $2,054,599 |
Average DOM of Active Listings: | 20 | 20 |
Average $/Sq Foot (List) | $977 | $959 |
Total # of Homes Pending Sale: | 16 | 18 |
Active-Pending Ratio: | 1.4 : 1 | 1.1 : 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 | $/Sq foot | DOM (days) |
---|---|---|---|---|---|
3236 La Mesa Drive | $3,300,000 | $2,888,000 | +$412,000 (+14.3%) | $1,039 | 13 |
790 Knoll Drive | $2,650,000 | $2,398,000 | +$252,000 (+10.5%) | $1,173 | 4 |
3329 Melendy Drive | $2,445,000 | $1,998,000 | +$447,000 (+22.4%) | $867 | 12 |
1732 Greenwood Avenue | $2,375,000 | $1,998,000 | +$377,000 (+18.9%) | $1,439 | 0 |
1333 Elm Street | $2,350,000 | $2,195,000 | +$155,000 (+22.4%) | $1,391 | 1 |
230 Hillcrest Road | $2,309,899 | $2,098,000 | +$211,899 (+10.1%) | $856 | 13 |
30 Miramonte Court | $1,925,000 | $1,599,000 | +$326,000 (+20.4%) | $1,395 | 4 |
1381 Rosewood Avenue | $1,888,000 | $1,800,000 | +$88,000 (+4.9%) | $1,259 | 0 |
1044 Sunset Drive | $1,872,000 | $1,825,000 | +$47,000 (+2.6%) | $1,212 | 4 |
1962 Brittan Avenue | $1,812,000 | $1,358,000 | +$454,000 (+33.4%) | $1,154 | 12 |
2443 San Carlos Avenue | $1,575,000 | $1,398,000 | +$177,000 (+12.7%) | $1,294 | 19 |
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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 |
---|---|---|
1943 Brittan Avenue | 4 | $1,899,000 |
1036 Hewitt Drive | 12 | $1,825,000 |
1512 Howard Avenue | 9 | $2,798,000 |
1520 Hull Drive | 10 | $1,398,000 |
111 Exeter Avenue | 13 | $1,850,000 |
1329 Cordilleras Avenue | 7 | $1,848,000 |
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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 |
---|---|---|---|---|
220 Frances Lane | $3,298,000 | 4BR/3BA | 3,310/11,858 | Leslie Woods, Sereno Group |
64 Belvedere Avenue | $2,998,000 | 4BR/3BA | 3,400/7,250 | Sam Anagnostou, Coldwell Banker |
450 Erlin Drive | $2,088,000 | 5BR/2.5BA | 2,990/11,500 | Vandervort Group |
2515 Nanette Drive | $1,988,888 | 3BR/2BA | 1,900/26,000 | Maggie Alegria, Pacific Union |
718 Cedar Street | $1,599,000 | 3BR/2BA | 1,760/6,700 | Allison Fujimoto, Today Sothebys |
1172 Rosewood Avenue | $1,597,000 | 2BR/1BA | 1,060/4,880 | Liz Rhodes, Alain Pinel Realtors |
761 Orange Avenue | $1,448,750 | 2BR/1.5BA | 1,208/5,750 | Laura Bertolacci, Dwell |
996 Springfield Drive | $1,289,000 | 3BR/2BA | 1,200/5,000 | Joyce & Tatum, Dwell |
2716 San Carlos Avenue | $1,198,000 | 2BR/1BA | 900/5,160 | Robert Bredel, Dwell |
1015 Holly Street | $1,025,000 | 2BR/1BA | 910/5,450 | Brett Barron, Capital Realty |
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