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:

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 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


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