The San Carlos Real Estate Week in Review: 5/6/2019.
May 6, 2019
We are now in the first full week of May, which is typically one of the busiest real estate months of the year. Sellers usually push to get their homes on the market before the summer months of June and July, which tend to be slower because so many buyers are out of town, so we should expect that the San Carlos market will be very busy over the next few weeks.
The inventory level remained unchanged from last week, and is sitting at a relatively lean level of 19 homes for sale in the city. This is quite low for this time of year, and obviously favors home sellers. It will be interesting to what surge, if any, that we see now that we're heading into the final month of the Spring real estate market.
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 5/5/2019:
|San Carlos SFR Data||5/5/19||Prior Week|
|Number of Closed Sales:||8||5|
|Average Sales Price:||$2,099,125||$2,146,600|
|Median Sales Price:||$2,159,000||$1,705,000|
|Average % Sold vs List Price:||107%||105%|
|Average DOM of Closed Sales||9||20|
|Average $/Sq Foot (Sold)||$1,107||$1,091|
|No. of New Listings:||8||8|
|Total # of Active Listings:||19||19|
|Average Price of Active Listings:||$2,510,941||$2,430,579|
|Average DOM of Active Listings:||21||21|
|Average $/Sq Foot (List)||$1,089||$1,105|
|Total # of Homes Pending Sale:||25||29|
|Active-Pending Ratio:||0.76 : 1||0.66 : 1|
The San Carlos Open House Page.
If you're looking at open houses this weekend in San Carlos, check out the San Carlos Open House List. With one click on the Open House sign below, you'll get a “live” list of all the homes and condos that will be open this weekend in San Carlos! It's updated continuously from the MLS, so bookmark this link and you'll never have to wander around town looking for open houses again.
San Carlos Single-Family Residences Sold:
Below is a list of the single-family home contracts that closed escrow this past week in San Carlos. Click on the address of each to see the complete details.
|Address||Sold Price||Orig. List||Difference||$/Sq Foot||DOM (days)|
|287 Chestnut Street (3BR/2BA)||$2,600,000||$1,998,500||+$600,500 (+30.0%)||$1,436||10|
|155 Normandy Court (4BR/2.5BA)||$2,525,000||$2,700,000||-$175,000 (-6.5%)||$964||12|
|870 Cabot Court (3BR/2.5BA)||$2,420,000||$2,289,000||+$131,000 (+5.7%)||$996||6|
|2780 Bromley Drive (5BR/3BA)||$2,198,000||$2,198,000||$0 (0%)||$901||9|
|209 Highland Drive (4BR/3.5BA)||$2,120,000||$1,995,000||+$125,000 (+6.3%)||$1,004||5|
|1368 Cordilleras Avenue (3BR/2BA)||$1,925,000||$1,895,000||+$30,000 (+6.3%)||$1,100||14|
|1011 Lupin Way (3BR/1.5BA)||$1,575,000||1,500,000||+$75,000 (+6.3%)||$1,212||12|
|959 Alameda de las Pulgas (3BR/1BA)||$1,430,000||$1,298,000||+$132,000 (+10.2%)||$1,243||7|
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|
|117 Crestview Drive||12||$2,385,000|
|1012 Sylvan Drive||7||$1,695,000|
|1379 Chestnut Street||9||$1,398,000|
|815 Sunset Drive||12||$1,695,000|
|1525 Brittan Avenue||7||$1,488,000|
|35 Hilltop Drive||38||$2,670,000|
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|
|1372 Rosewood Avenue||$2,828,000||4BR/3.5BA||2,530/4,920||Robert Bredel, dwell|
|2713 Clifford Avenue||$2,790,000||3BR/3BA||2,820/13,068||Guy Chanda, Chanda Properties|
|256 Garnet Avenue||$1,998,000||3BR/2.5BA||1,694/5,000||Chuck Gillooley, Compass|
|72 Wessex Way||$1,949,888||4BR/3.5BA||2,280/7,314||David Blewett, Intero|
|2501 Melendy Drive||$1,895,000||4BR/2BA||1,850/6,936||Janay Michaud, Heritage Realty|
|1725 Brittan Avenue||$2,198,000||4BR/3BA||1,913/6,480||Alison Williams, dwell|
(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)|
|1536 Cherry Street #A||$1,450,000||$1,420,000||+$30,000 (+2.1%)||15|
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|
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.