The San Carlos Real Estate Week in Review: 8/20/2018.
August 20, 2018
Listing and sales activity picked up noticeably last week in the San Carlos real estate market. Nine new listings hit the market, which is the largest weekly listings uptick that we've seen in a few months. This shows that sellers want to get a jump start on the Labor Day weekend, and also may be an indication that we're going to see some robust listing activity in the Fall. If you're still in the market for a home in San Carlos, these next two months should present some very good options for you.
Sales activity was also brisk, with six homes going into contract over the same period. The average days on market for active listings has reduced considerably, as inventory is turning more quickly and some of the older listings finally got sold or pulled from the 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 8/19/2018:
|San Carlos SFR Data||8/19/18||Prior Week|
|Number of Closed Sales:||5||3|
|Average Sales Price:||$1,910,400||$1,901,000|
|Median Sales Price:||$1,718,000||$1,810,000|
|Average % Sold vs List Price:||112%||117%|
|Average DOM of Closed Sales||11||9|
|Average $/Sq Foot (Sold)||$1,186||$1,167|
|No. of New Listings:||9||5|
|Total # of Active Listings:||18||14|
|Average Price of Active Listings:||$2,271,632||$2,194,793|
|Average DOM of Active Listings:||13||24|
|Average $/Sq Foot (List)||$1,001||$1,024|
|Total # of Homes Pending Sale:||12||12|
|Active-Pending Ratio:||1.4 : 1||1.3 : 1|
The San Carlos Open House Page.
If you're looking at open houses this weekend in San Carlos, check out the San Carlos Open House List. With one click on the Open House sign below, you'll get a “live” list of all the homes and condos that will be open this weekend in San Carlos! It's updated continuously from the MLS, so bookmark this link and you'll never have to wander around town looking for open houses again.
San Carlos Single-Family Residences Sold:
Below is a list of the single-family home contracts that closed escrow this past week in San Carlos. Click on the address of each to see the complete details.
|Address||Sold Price||Orig. List||Difference||$/Sq Foot||DOM (days)|
|1708 Greenwood Avenue (3BR/2.5BA)||$2,400,000||$2,198,000||+$202,000 (+9.2%)||$1,231||10|
|901 Heather Drive (3BR/2.5BA)||$2,050,000||$1,827,000||+$223,000 (+12.2%)||$981||9|
|2316 San Carlos Avenue (4BR/2BA)||$1,718,000||$1,498,888||+$219,112 (+14.6%)||$944||6|
|1020 Tamarack Avenue (3BR/2BA)||$1,704,000||$1,599,000||+$105,000 (+6.6%)||$1,420||20|
|1428 Oakhurst Avenue (2BR/1BA)||$1,680,000||$1,450,000||+$230,000 (+15.9%)||$1,355||11|
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|
|24 Chilton Avenue||10||$1,749,000|
|1415 Greenwood Avenue||3||$1,699,000|
|143 Oakview Drive||12||$1,450,000|
|75 Winding Way||124||$1,750,000|
|2020 Carmelita Drive||15||$1,8750,000|
|112 Wildwood Avenue||6||$3,198,000|
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|
|59 Bay View Drive||$2,950,000||4BR/3.5BA||3,550/11,928||Que Foor, Alain Pinel Realtors|
|181 Coventry Court||$2,949,492||4BR/3BA||2,800/21,900||Donna Marie Baldwin, Coldwell Banker|
|43 Sequoia Court||$2,698,000||4BR/3.5BA||2,296/6,790||Lori Buecheler, Alain Pinel Realtors|
|3 NE Shratton Avenue||$2,695,000||6BR/4.5BA||3,260/10,500||Mary Abolmoluki, Coldwell Banker|
|905 Elm Street||$2,088,000||4BR/2BA||1,800/6,480||Greg Celotti, Alain Pinel Realtors|
|61 Madrona Street||$1,999,999||3BR/3BA||2,338/7,300||Joyce & Tatum, Dwell|
|867 Cedar Street||$1,595,000||3BR/2BA||1,370/5,850||Donna Black, Coldwell Banker|
|4 Cranfield Avenue||$1,550,000||3BR/2BA||1,698/8,775||Gordy Burton, Coldwell Banker|
|1005 Hall Street||$1,388,000||2BR/1BA||910/4,350||Bryan Jacobs, Realsmart Properties|
(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)|
|1510 Cherry Street #1||$910,000||$789,000||+$121,000 (+15.3%)||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|
|3378 Brittan Avenue #9||11||$880,000|
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|
|12 Tulip Lane||$1,590,000||3BR/2.5BA||2,310||Shellie Nichol Chandar, Heartstone|
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.