The San Carlos Real Estate Week in Review: 8/6/2018.
August 6, 2018
Despite the fact that the calendar states that it's still Summer, we are now starting to see the very beginning of the Fall market for real estate, since many schools will be starting back up in the next couple of weeks. That means vacations are drawing to a close, and buyers are starting to step back into the market again. In the past, this market period wouldn't commence until after Labor Day weekend, but with schools seemingly inching up their start date every year, the market is kicking back into full swing by mid-August.
The activity certainly reflected this last week with a noticeable increase in new listings and pending sales from the prior week. Look for the rate of new listings to increase as well in the coming weeks, as home sellers look to get an early jump on the Fall market.
Here is a look at last week's 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 8/5/2018:
|San Carlos SFR Data||8/5/18||Prior Week|
|Number of Closed Sales:||6||2|
|Average Sales Price:||$2,412,785||$2,537,500|
|Median Sales Price:||$1,923,000||$2,537,500|
|Average % Sold vs List Price:||108%||108%|
|Average DOM of Closed Sales||18||13|
|Average $/Sq Foot (Sold)||$1,109||$1,071|
|No. of New Listings:||6||4|
|Total # of Active Listings:||14||13|
|Average Price of Active Listings:||$2,122,214||$1,936,914|
|Average DOM of Active Listings:||29||32|
|Average $/Sq Foot (List)||$974||$951|
|Total # of Homes Pending Sale:||12||13|
|Active-Pending Ratio:||1.2 : 1||1 : 1|
The San Carlos Open House Page.
If you're looking at open houses this weekend in San Carlos, check out the San Carlos Open House List. With one click on the Open House sign below, you'll get a “live” list of all the homes and condos that will be open this weekend in San Carlos! It's updated continuously from the MLS, so bookmark this link and you'll never have to wander around town looking for open houses again.
San Carlos Single-Family Residences Sold:
Below is a list of the single-family home contracts that closed escrow this past week in San Carlos. Click on the address of each to see the complete details.
|Address||Sold Price||Orig. List||Difference||$/Sq Foot||DOM (days)|
|750 Crestview Drive (5BR/3BA)||$4,460,709||$4,500,000||-$39,291 (-0.9%)||$892||18|
|1377 Orange Avenue (5BR/3.5BA)||$3,000,000||$3,088,000||-$88,000 (-2.8%)||$904||19|
|2328 Howard Avenue (2BR/1BA)||$1,976,000||$1,398,000||+$578,000 (+41.3%)||$1,703||12|
|748 Tamarack Avenue (4BR/2BA)||$1,870,000||$1,748,000||+$122,000 (+7.0%)||$926||14|
|2700 Eaton Avenue (3BR/1.5BA)||$1,660,000||$1,595,000||+$65,000 (+4.1%)||$1,092||19|
|1060 Lupin Way (3BR/1.5BA)||$1,510,000||$1,498,000||+$12,000 (+0.8%)||$1,135||24|
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|
|18 Arch Lane||18||$1,575,000|
|1442 Chestnut Street||7||$1,450,000|
|3281 Melendy Drive||11||$1,450,000|
|1041 McCue Avenue||8||$1,399,000|
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|
|1600 Eaton Avenue||$2,650,000||4BR/3BA||3,890/7,300||John Reese, Intero|
|38 Winding Way||$2,498,000||4BR/3.5BA||2,387/7,100||Max Reinhardt, Berkshire Hathaway|
|2020 Carmelita Drive||$1,999,000||3BR/1.5BA||1,975/8,240||Carrie Du Bois, Coldwell Banker|
|646 Prospect Street||$1,898,000||3BR/2.5BA||2,310/2,211||Janet Davis, Hometown|
|24 Chilton Avenue||$1,749,000||4BR/2BA||1,660/8,400||Marc Romer, Keller Williams|
|143 Oakview Drive||$1,450,000||2BR/1BA||1,060/4,800||Marina Gendelman, Today Sothebys|
(Click the “Homes For Sale” sign below to see ALL of the homes currently for Sale in San Carlos.)
Condos and Townhomes Sold in San Carlos
Below are the condos/townhouses that closed escrow this past week. Click on the address of each home to see more details and photos.
|Address||Sold Price||Orig. List||Difference||DOM (days)|
|772 Walnut Street #14||$938,000||$848,000||+$90,000 (+10.6%)||11|
Condo/Townhouse Pending Sale this Week.
The following condos/townhouses went into contract this week. Click on the address of each home to see more details and photos.
|Address||DOM (days)||List Price|
|633 Elm Street #201||7||$779,000|
|1510 Cherry Street #1||15||$789,000|
|777 Walnut Street #402||119||$1,599,000|
New Condo/Townhouse Listings in San Carlos:
The following condo/townhouses listed this past week. Click on the address of each home to see more details and photos.
|Address||List Price||BR/BA||Sq Feet||Listed By|
Disclaimer: The “San Carlos Week in Review” series is a summary of new listings and home sales in San Carlos for the prior week. The data provided in this report is strictly for informational purposes only, and should not imply that the author was involved in either side of the transaction unless explicitly stated otherwise. The source of this data is the Multiple Listing Service (MLS), so the author is in no way responsible for the accuracy of the data from this source.