The San Carlos Real Estate Week in Review: 12/24/2018.
December 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.
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San Carlos Single-Family Residences Sold:
2615 Graceland Avenue
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 |
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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 |
|---|---|---|
| 1 El Sereno Drive | 56 | $1,449,000 |
| 155 Normandy Court | 12 | $2,495,000 |
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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 |
|---|---|---|---|---|
| 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.)
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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) |
|---|---|---|---|---|
| 12 Tulip Lane | $1,490,000 | $1,590,000 | -$100,000 (-6.3%) | 66 |
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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 |
|---|---|---|
| 2 Elm Street #202 | 0 | $959,000 |
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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 |
|---|---|---|---|---|
| 2 Elm Street #202 | $959,000 | 2BR/2BA | 1,050 | Sternsmith Group, Alain Pinel Realtors |
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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