The San Carlos Real Estate Week in Review: 9/17/2018.

September 17, 2018


For the second straight week, the San Carlos real estate market saw a steady diet of new listings. There were 14 new single-family residence listings to hit the market last week, just shy of the 16 that hit the market the week before. That brings the total available inventory of homes for sale up to 35, which is a level that we have not seen all year, and puts the market on a pace to exceed the 53 new listings that hit the market in September of 2017.

How the market reacts to this sudden influx of listings will be interesting to see.  Some homes will sell just like they would in an environment with sparse inventory, but look for some price reductions on some of the languishing listings as they struggle to stay visible in a suddenly crowded real estate market in San Carlos.

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 9/16/2018:

San Carlos SFR Data 9/16/18 Prior Week
Number of Closed Sales: 9 3
Average Sales Price: $2,164,000 $1,798,333
Median Sales Price: $1,850,000 $1,925,000
Average % Sold vs List Price: 106% 114%
Average DOM of Closed Sales 20 13
Average $/Sq Foot (Sold) $1,142 $1,131
No. of New Listings: 14 16
Total # of Active Listings: 35 26
Average Price of Active Listings: $2,068,055 $2,018,914
Average DOM of Active Listings: 12 10
Average $/Sq Foot (List) $1,063 $1,051
Total # of Homes Pending Sale: 18 22
Active-Pending Ratio: 1.9 : 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.

San Carlos Open House List


San Carlos Single-Family Residences Sold:

181 Coventry Court

181 Coventry Court

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)
181 Coventry Court (4BR/3BA) $3,090,000 $2,949,492 +$140,508 (+4.8%) $1,104 12
43 Sequoia Court (4BR/3.5BA) $3,020,000 $2,698,000 +$322,000 (+11.9%) $1,315 8
59 Bay View Drive (4BR/3.5BA) $2,850,000 $2,950,000 -$100,000 (-3.4%) $803 10
61 Madrona Street (3BR/3BA) $2,150,000 $1,999,999 +$150,001 (+7.5%) $920 8
1415 Greenwood Avenue (2BR/1BA) $1,850,000 $1,699,000 +$151,000 (+8.9%) $1,492 3
861 Elm Street (3BR/2BA) $1,850,000 $1,899,999 -$49,999 (-2.6%) $1,276 19
996 Hall Street (3BR/2BA) $1,810,000 $1,548,000 +$262,000 (+16.9%) $1,199 0
75 Winding Way (4BR/2.5BA) $1,700,000 $1,980,000 -$280,000 (-14.1%) $890 124
1053 Montgomery Street (3BR/1BA) $1,156,000 $938,000 +$218,000 (+23.2%) $1,284 0


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 photo

Address DOM (days) List Price
817 Cordilleras Avenue 4 $1,798,000
1643 Alameda 12 $1,298,000
15 Shelford Avenue 5 $1,388,000
4 Cranfield Avenue 20 $1,550,000
1434 Chestnut Street 7 $1,475,000


New Single-Family Home Listings in San Carlos:

130 Lynton Avenue

130 Lynton Avenue

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
200 Devonshire Boulevard $3,598,000 5BR/4.5BA 3,900/10,458 Robert Bredel, Dwell
130 Lynton Avenue $2,590,000 4BR/3BA 2,800/4,600 Omar Kinaan, Sothebys
2037 San Carlos Avenue $2,248,000 5BR/3.5BA 3,180/9,931 Robert Bredel, Dwell
1306 Woodland Avenue $2,198,000 3BR/3BA 1,990/4,450 Lynn Wilson Roberts, Pacific Union
2403 Howard Avenue $1,995,000 3BR/2BA 1,700/7,500 Donna Colangelo, Intero
64 Exeter Avenue $1,895,000 4BR/2BA 1,920/7,350 James Steele, Pacific Union
1637 Howard Avenue $1,800,000 3BR/2BA 1,530/6,250 Haifa Khoury, Sothebys
2806 Roland Avenue $1,789,000 4BR/2.5BA 1,918/5,395 Sabine Dillon, Coldwell Banker
1968 Brittan Avenue $1,750,000 3BR/2BA 1,350/5,000 Trish Ward, Keller Williams
24 Bayport Court $1,749,000 4BR/2.5BA 1,660/5,400 Alana Corso, Dwell
2800 Eaton Avenue $1,638,000 3BR/2BA 1,560/5,200 Gordy Burton, Coldwell Banker
385 Ridge Road $1,598,000 3BR/2.5BA 1,400/5,450 Greg Celotti, Alain Pinel Realtors
15 Robin Way $1,495,000 3BR/2BA 1,550/5,000 Alex Lehr, Lehr Real Estate
184 Winding Way $1,388,000 2BR/2BA 1,600/11,000 Jim Tierney, Netequity

(Click the “Homes For Sale” sign below to see ALL of the homes currently for Sale in San Carlos.)

Homes 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)
3378 Brittan Avenue #9 $1,025,000 $880,000 +$145,000 (+16.5%) 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
222 Laurel Street #208 54 $649,000
1456 San Carlos Avenue #302 7 $1,088,888
28 Trillium Lane 7 $1,388,000


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
10 Mayflower Lane $1,595,000 3BR/2.5BA 2,100 John Shroyer, Today Sothebys
28 Buttercup Lane $1,298,000 3BR/2.5BA 1,709 Eddie Azzopardi, Realty World

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.

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