The San Carlos Real Estate Week in Review: 11/19/2018.
November 19, 2018
The pre-Thanksgiving lull was clearly felt last week in the San Carlos real estate market as buyers and sellers alike shifted their focus toward holiday travel. There was only one listing brave enough to test the market before the Thanksgiving break, while buyers entered into contract on 5 existing listings. That net difference pulled the inventory of homes for sale in San Carlos down to 26 as we enter the holiday-shortened week. Open houses were sparsely attended, especially on Sunday.
I hope everyone has a safe and happy Thanksgiving week!
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 11/18/2018:
San Carlos SFR Data | 11/18/18 | Prior Week |
---|---|---|
Number of Closed Sales: | 2 | 3 |
Average Sales Price: | $2,587,500 | $1,851,667 |
Median Sales Price: | $2,587,500 | $1,800,000 |
Average % Sold vs List Price: | 110% | 98% |
Average DOM of Closed Sales | 17 | 25 |
Average $/Sq Foot (Sold) | $1,117 | $823 |
No. of New Listings: | 1 | 6 |
Total # of Active Listings: | 26 | 32 |
Average Price of Active Listings: | $2,323,838 | $2,224,274 |
Average DOM of Active Listings: | 32 | 25 |
Average $/Sq Foot (List) | $1,198 | $1,135 |
Total # of Homes Pending Sale: | 26 | 20 |
Active-Pending Ratio: | 1 : 1 | 1.6 : 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) |
---|---|---|---|---|---|
166 Rockridge Road (4BR/4BA) | $2,900,000 | $2,895,000 | +$/5,000 (+0.0%) | $1,000 | 27 |
166 Belvedere Avenue (3BR/2BA) | $2,275,000 | $1,910,000 | +$365,000 (+19.1%) | $1,354 | 7 |
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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 |
---|---|---|
525 Vista Avenue | 8 | $1,495,000 |
236 Edgehill Drive | 5 | $1,759,000 |
2615 Graceland Avenue | 19 | $2,295,000 |
130 Lynton Avenue | 65 | $2,590,000 |
328 Hill Way | 15 | $995,000 |
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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 |
---|---|---|---|---|
1700 Howard Avenue | $1,725,000 | 3BR/2BA | 1,800/6,500 | Matthew Braun, Alain Pinel Realtors |
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