The San Carlos Real Estate Week in Review: 1/14/2019.

January 14, 2019

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The inventory of single-family homes remains very thin as we enter the third week of the new year.  In fact, there are essentially more townhouses and condos for sale (6) in San Carlos right now as there are single-family homes (8), since three of those eight listings are for development purposes only — leaving 5 livable homes to choose from.  That certainly doesn't happen very often in San Carlos, and it underscores why January is a great month for sellers to list their properties.

If this past weekend's open houses were any indication, the interest level is pretty high already this year.  Whether this interest translates into offers remains to be seen, but buyers seemed to be re-energized and out in strong numbers.

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 1/13/2019:

San Carlos SFR Data 1/13/19 Prior Week
Number of Closed Sales: 3 2
Average Sales Price: $1,589,333 $1,487,500
Median Sales Price: $1,600,000 $1,487,500
Average % Sold vs List Price: 99% 85%
Average DOM of Closed Sales 26 41
Average $/Sq Foot (Sold) $1,039 $1,183
No. of New Listings: 2 2
Total # of Active Listings: 8 9
Average Price of Active Listings: $2,341,750 $2,104,000
Average DOM of Active Listings: 45 43
Average $/Sq Foot (List) $1,317 $1,213
Total # of Homes Pending Sale: 11 11
Active-Pending Ratio: 0.8 : 1 0.8 : 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

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San Carlos Single-Family Residences Sold:

941 Sunset Drive

941 Sunset Drive

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)
941 Sunset Drive (3BR/2BA) $1,635,000 $1,698,000 -$63,000 (-3.7%) $870 40
153 Fairbanks Avenue (3BR/2BA) $1,600,000 $1,675,000 -$75,000 (-4.5%) $1,067 31
1040 Lupin Way (3BR/2BA) $1,560,000 $1,499,999 +$60,001 (+4.0%) $1,182 8

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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
120 Windsor Court 60 $1,788,000
209 Hillcrest Road 10 $1,299,000

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New Single-Family Home Listings in San Carlos:

220 Oakview Drive

220 Oakview Drive

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
240 Edgehill Drive $2,875,000 4BR/3BA 3,014/6,700 Joyce and Tatum, Dwell
220 Oakview Drive $1,610,000 3BR/2BA 1,530/5,760 David Young, Coldwell Banker

(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

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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)
$– $– $ (%)

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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

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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
3354 Brittan Avenue #4 $999,000 2BR/2BA 1,040 Mary Ficklin, 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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