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:

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 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 Open House List


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.

706 Knoll Drive

706 Knoll Drive

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.

525 Vista Avenue

525 Vista Avenue


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.)

Homes 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.

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