The San Carlos Real Estate Week in Review: 11/5/2018.
November 5, 2018
For the first time in over a month, the number of homes for sale in San Carlos dropped below 30. The pipeline of new listings slowed to a trickle last week, and buyers took 8 homes out of circulation which was the primary reason for the sharp drop. Now that we are only a few weeks shy of the Thanksgiving break, it will be interesting to see if the number of new listings stays on the lean side, or if last week was just a temporary respite. Sellers who have homes on the market right now would love to have a little less competition to contend with, as it seems like fewer buyers are out looking at homes in the current market. Most of the open houses that I saw this past weekend were lightly attended.
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 11/4/2018:
|San Carlos SFR Data||11/4/18||Prior Week|
|Number of Closed Sales:||8||7|
|Average Sales Price:||$2,227,088||$1,977,571|
|Median Sales Price:||$2,215,000||$1,980,000|
|Average % Sold vs List Price:||108%||103%|
|Average DOM of Closed Sales||20||27|
|Average $/Sq Foot (Sold)||$974||$1,044|
|No. of New Listings:||1||8|
|Total # of Active Listings:||26||32|
|Average Price of Active Listings:||$2,338,030||$2,038,611|
|Average DOM of Active Listings:||25||24|
|Average $/Sq Foot (List)||$1,187||$1,067|
|Total # of Homes Pending Sale:||23||22|
|Active-Pending Ratio:||1.1 : 1||1.5 : 1|
The San Carlos Open House Page.
If you're looking at open houses this weekend in San Carlos, check out the San Carlos Open House List. With one click on the Open House sign below, you'll get a “live” list of all the homes and condos that will be open this weekend in San Carlos! It's updated continuously from the MLS, so bookmark this link and you'll never have to wander around town looking for open houses again.
San Carlos Single-Family Residences Sold:
Below is a list of the single-family home contracts that closed escrow this past week in San Carlos. Click on the address of each to see the complete details.
|Address||Sold Price||Orig. List||Difference||$/Sq Foot||DOM (days)|
|58 Club Drive (5BR/3.5BA)||$2,810,000||$2,895,000||-$85,000 (-2.9%)||$909||26|
|3 Shratton Avenue (6BR/4.5BA)||$2,576,815||$2,695,000||-$118,185 (-4.4%)||$790||33|
|3 Charlton Street (5BR/4BA)||$2,449,888||$2,499,888||-$50,000 (-2.0%)||$817||45|
|2809 Brittan Avenue (4BR/2BA)||$2,280,000||$1,880,000||+$400,000 (+21.2%)||$1,181||11|
|580 Phelps Road (7BR/2BA)||$2,150,000||$1,788,830||+$361,170 (+20.2%)||$811||15|
|24 Bayport Court (4BR/2.5BA)||$2,125,000||$1,749,000||+$376,000 (+21.5%)||$1,280||7|
|337 Elm Street (3BR/2.5BA)||$2,075,000||$1,988,000||+87,000 (+4.4%)||$918||12|
|2121 San Carlos Avenue (2BR/1BA)||$1,350,000||$1,244,000||+$106,000 (+8.5%)||$1,085||8|
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|
|1189 Elm Street||3||$2,050,000|
|18 Dover Court||38||$1,585,000|
|964 Sunset Drive||35||$1,540,000|
|229 Frances Lane||43||$2,798,000|
|875 Heather Drive||7||$1,998,000|
|200 Devonshire Boulevard||48||$3,598,000|
|216 Exeter Avenue||56||$2,600,000|
|376 Ridge Road||48||$1,599,000|
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|
|328 Hill Way||$995,000||2BR/1BA||950/4,965||Alex Lehr, Lehr Real Estate|
(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)|
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|
|10 Mayflower Lane||50||$1,595,000|
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|
|3 Marigold Lane||$1,348,000||2BR/2BA||1,990||Eddie Azzopardi, Realty World|
|645 Prospect Street #304||$1,149,000||2BR/2BA||1,549||Carol Kirschner, Coldwell Banker|
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.