The San Carlos Real Estate Week in Review: 12/24/2018.

Activity in the San Carlos real estate market ratcheted down last week, as was to be expected for the week leading into Christmas.  Home sale prices remain under some downward pressure and the average days on the market for active listings is sitting at nearly 40 days.

Look for activity to remain slow for the next week or so as 2018 wraps up, and we enter a new and highly anticipated 2018.  Merry Christmas to all of the loyal readers of the White Oaks Blog!

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 12/23/2018:

San Carlos SFR Data	12/23/18	Prior Week
Number of Closed Sales:	4	4
Average Sales Price:	$1,795,000	$1,835,972
Median Sales Price:	$1,752,500	$1,725,000
Average % Sold vs List Price:	98%	96%
Average DOM of Closed Sales	27	48
Average $/Sq Foot (Sold)	$975	$868
No. of New Listings:	1	1
Total # of Active Listings:	13	13
Average Price of Active Listings:	$2,107,538	$2,172,462
Average DOM of Active Listings:	39	36
Average $/Sq Foot (List)	$1,261	$1,281
Total # of Homes Pending Sale:	12	15
Active-Pending Ratio:	1.1 : 1	0.9 : 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)
2615 Graceland Avenue (4BR/3.5BA)	$2,260,000	$2,295,000	-$30,000 (-1.3%)	$834	19
1700 Howard Avenue (3BR/2BA)	$1,805,000	$1,725,000	+80,000 (+4.6%)	$1,003	6
144 Exbourne Avenue (4BR/2BA)	$1,700,000	$1,688,888	+11,112 (+0.7%)	$966	28
1 El Sereno Drive (2BR/1.5BA)	$1,415,000	$1,599,000	-$184,000 (-11.5%)	$1,097	56

__________________________________________________________________

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
1 El Sereno Drive	56	$1,449,000
155 Normandy Court	12	$2,495,000

____________________________________________________________________

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
1180 Alameda	$1,600,000	4BR/4BA	2,350/5,060	Debbie Lamica, RE/MAX

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

____________________________________________________________________