The San Carlos Real Estate Week in Review: 5/7/2018.

Home buyers were certainly more busy than home sellers last week in San Carlos. Twice as many homes were put into contract (11) than there were new listings to replace them (5).  That effectively pulled the available inventory of homes for sale back down to 16 to start this week.

Look for the pace of listing activity to pick up a bit over the next two weeks, as there are two more open house weekends prior to hitting Memorial Day Weekend. Home sellers that are looking to get their sale locked up prior to the holiday will definitely want their homes on the market prior to the 5/19-5/20 weekend.

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 5/6/2018:

San Carlos SFR Data	5/6/18	Prior Week
Closed Sales for the Week:	2	10
Average Sales Price:	$1,979,000	$2,147,000
Median Sales Price:	$1,979,000	$2,117,500
Average % Sold vs List Price:	112%	113%
Average DOM of Closed Sales	10	8
Average $/Sq Foot (Sold)	$891	$1,263
No. of New Listings:	5	9
Total # of Active Listings:	16	22
Average Price of Active Listings:	$2,508,830	$2,303,235
Average DOM of Active Listings:	27	23
Average $/Sq Foot (List)	$942	$965
Total # of Homes Pending Sale:	29	18
Active-Pending Ratio:	0.55 : 1	1.2 : 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)
2709 Debbie Court	$2,133,000	$1,795,000	+$338,000 (+18.8%)	$1,077	12
1128 Royal Lane	$1,825,000	$1,735,000	+$90,000 (+5.2%)	$704	8

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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
348 Northam Avenue	62	$1,530,000
220 Frances Lane	15	$2,998,000
1015 Holly Street	12	$1,025,000
3166 La Mesa Drive	9	$2,395,000
1172 Rosewood Avenue	13	$1,597,000
10 Kenton Avenue	10	$2,299,000
450 Erlin Drive	16	$2,088,000
2515 Nanette Drive	15	$1,988,888
207 Edgehill Drive	9	$3,495,000
198 Cedar Street	10	$2,099,000
305 Arundel Road	21	$1,399,000

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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
139 Windsor Drive	$3,250,000	4BR/4.5BA	3,550/5,832	Dan Mitnik, Premier Realty Associates
973 Crestview Drive	$2,988,000	3BR/3BA	2,630/13,031	Joyce & Tatum, Dwell
138 Fleetwood Drive	$2,549,000	4BR/2.5BA	2,860/10,000	Joyce & Tatum, Dwell
112 Winding Way	$2,498,000	5BR/3.5BA	2,771/9,100	Vivienne Kelvin, Realty World
1028 Northwood Drive	$1,299,000	3BR/2.5BA	1,505/4,675	Stanley Lo, Green Banker

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