The San Carlos Real Estate Week in Review: 8/20/2018.

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.

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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)
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

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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
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

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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
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.)

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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

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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

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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.