The San Carlos Real Estate Week in Review: 4/29/2019.
April 29, 2019
Listing activity in the City of San Carlos picked up from the prior week. Eight new listings hit the market, but even with that amount of activity the inventory of homes for sale is still under 20 for all of San Carlos. This is keeping the market competitive, especially in the lower price ranges. The dynamics of the economy that are fueling this latest run — a strong stock market and low mortgage interest rates — appear to be completely intact as we start a new week, so look for more of the same competitive market as we move forward.
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 4/28/2019:
|San Carlos SFR Data||4/28/19||Prior Week|
|Number of Closed Sales:||5||6|
|Average Sales Price:||$2,146,600||$2,465,833|
|Median Sales Price:||$1,705,000||$2,197,500|
|Average % Sold vs List Price:||105%||109%|
|Average DOM of Closed Sales||20||19|
|Average $/Sq Foot (Sold)||$1,091||$1,501|
|No. of New Listings:||8||3|
|Total # of Active Listings:||19||17|
|Average Price of Active Listings:||$2,430,579||$2,325,291|
|Average DOM of Active Listings:||21||26|
|Average $/Sq Foot (List)||$1,105||$984|
|Total # of Homes Pending Sale:||29||28|
|Active-Pending Ratio:||0.66 : 1||0.61 : 1|
The San Carlos Open House Page.
If you're looking at open houses this weekend in San Carlos, check out the San Carlos Open House List. With one click on the Open House sign below, you'll get a “live” list of all the homes and condos that will be open this weekend in San Carlos! It's updated continuously from the MLS, so bookmark this link and you'll never have to wander around town looking for open houses again.
San Carlos Single-Family Residences Sold:
Below is a list of the single-family home contracts that closed escrow this past week in San Carlos. Click on the address of each to see the complete details.
|Address||Sold Price||Orig. List||Difference||$/Sq Foot||DOM (days)|
|706 Knoll Drive (4BR/3.5BA)||$3,700,000||$3,895,000||-$195,000 (-5.0%)||$962||63|
|137 Chestnut Street (4BR/3BA)||$2,138,888||$1,987,900||+$150,988 (+7.6%)||$968||9|
|104 Wycombe Avenue (3BR/2BA)||$1,705,000||$1,649,000||+$56,000 (+3.4%)||$1,114||17|
|62 Hilltop Drive (3BR/2BA)||$1,600,000||$1,495,000||+$105,000 (+7.0%)||$1,240||2|
|1052 Sunset Drive (3BR/2BA)||$1,590,000||1,399,000||+$191,000 (+13.7%)||$1,169||11|
San Carlos Single-Family Homes Pending Sale:
The following single-family homes went into contract in San Carlos last week. Click on the address of each home to see more details and photos:
|Address||DOM (days)||List Price|
|1518 Eaton Avenue||10||$1,748,000|
|1517 Saint Francis Way||12||$2,095,000|
|8 Camborne Avenue||12||$1,149,950|
|130 Club Drive||10||$1,149,950|
|1920 Howard Avenue||0</td||$1,898,000|
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|
|525 Vista Avenue||$3,295,000||4BR/3.5BA||3,359/7,448||Rick Bell, Alain Pinel Realtors|
|25 Highland Avenue||$2,895,000||2BR/2BA||1,100/14,782||Alex Lehr, Lehr Real Estate|
|933 Woodland Avenue||$2,650,000||4BR/3BA||2,450/5,400||David Young, Coldwell Banker|
|1320 Oakhurst Avenue||$2,625,000||4BR/3BA||2,345/6,500||Joyce and Tatum Real Estate|
|60 Hartford Avenue||$2,180,000||4BR/4BA||2,285/7,200||Omar Kinaan, Golden Gate Sothebys|
|3024 Melendy Drive||$1,850,000||4BR/2.5BA||2,010/9,867||Laura Bertolacci, dwell|
|1525 Brittan Avenue||$1,488,000||2BR/2BA||1,400/4,880||Joanne Jordan, Coldwell Banker|
|1379 Chestnut Street||$1,398,000||2BR/2BA||1,260/3,880||Doug Gonzalez, Coldwell Banker|
(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)|
|9 Geranium Lane||$1,600,000||$1,588,000||+$12,000 (+0.8%)||8|
|2987 Melendy Drive #3||$1,160,000||$1,199,000||-$39,000 (-3.3%)||7|
|3358 Brittan Avenue #6||$1,119,375||$1,179,000||-$59,625 (-5.1%)||66|
|618 Walnut Street #407||$839,000||$888,000||-$49,000 (-5.5%)||69|
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|
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|
|1 Mayflower Lane||$1,548,000||2BR/2.5BA||1,920||Greg Celotti, Alain Pinel Realtors|
|1625 San Carlos Avenue #D||$1,468,000||3BR/3BA||2,030||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.