The San Carlos Real Estate Week in Review: 6/3/2019.

June 3, 2019


Welcome to June!  June is a month that marks the transition into “summer mode” for the real estate market. While homes certainly still sell during the month of June, there's always a noticeable drop in open house traffic and sales activity since buyers are now being pulled in multiple directions.  Weddings, graduations, and vacations now compete for the attention of house hunters, so it seems as if there are fewer buyers in the market. If you're a patient buyer, June and July are great months to shop for homes because of this seasonal pause in the market.

San Carlos enters the month of June with 23 homes for sale, just slightly higher than last week, and there are 7 new listing for buyers to consider. Buying conditions remain favorable, as home mortgage interest rates have actually dropped somewhat in the past two weeks due to concerns about a slowing economy.

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 6/2/2019:

San Carlos SFR Data 6/2/19 Prior Week
Number of Closed Sales: 3 7
Average Sales Price: $1,836,667 $1,756,857
Median Sales Price: $1,560,000 $1,808,000
Average % Sold vs List Price: 115% 108%
Average DOM of Closed Sales 10 9
Average $/Sq Foot (Sold) $1,051 $1,209
No. of New Listings: 7 4
Total # of Active Listings: 23 22
Average Price of Active Listings: $2,267,891 $2,272,341
Average DOM of Active Listings: 16 18
Average $/Sq Foot (List) $1,087 $1,119
Total # of Homes Pending Sale: 20 17
Active-Pending Ratio: 1.2 : 1 1.3 : 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.

117 Crestview Drive

117 Crestview Drive

Address Sold Price Orig. List Difference $/Sq Foot DOM (days)
117 Crestview Drive (4BR/3BA) $2,450,000 $2,385,000 +$65,000 (+2.7%) $984 12
1379 Chestnut Street (2BR/2BA) $1,560,000 $1,398,000 +$162,000 (+11.6%) $1,238 9
130 Club Drive (2BR/3BA) $1,500,000 $1,149,950 +$350,050 (+30.4%) $932 10


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
14 Cottage Lane 8 $1,445,000
195 Exeter Avenue 103 $3,799,000
1372 Rosewood Avenue 25 $2,828,000
222 Rockridge Road 10 $2,298,000
929 Rosewood Avenue 12 $2,998,000
381 Old County Road 14 $1,098,000



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.

125 Northam Avenue

125 Northam Avenue

Address List Price BR/BA Sq Ft (home/lot) Listed By
147 Oakley Avenue $3,650,000 5BR/4.5BA 4,650/10,541 David Young, Coldwell Banker
125 Northam Avenue $3,050,000 5BR/4.5BA 4,260/5,600 Laura Bertolacci, Dwell
791 Crestview Drive $2,495,000 4BR/3BA 2,715/10,179 Nancy Palmer, Compass
1094 Hewitt Drive $2,350,000 4BR/3BA 2,112/9,000 Benjamin Pittenger, Reali
34 Cedar Street $1,898,000 3BR/1.5BA 1,220/7,450 Liliane Cools, Compass
1520 School Street $1,795,000 3BR/2.5BA 1,680/6,600 Rebecca & Karen, Intero
1071 Lupin Way $1,498,000 3BR/1BA 1,220/7,450 Robert Bredel, Dwell

(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)
1 Mayflower Lane $1,548,000 $1,548,000 $0 (0%) 23


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
1625 San Carlos Avenue #D 34 $1,468
438 Portofino Drive, #105 12 $1,188


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
16 Tulip Lane $1,788,000 3BR/2.5BA 2,510 Eddie Azzopardi, Compass
1001 Laurel Street #223 $1,198,000 3BR/3BA 1,494 David & Sunny, Compass
1001 Laurel Street #422 $1,149,000 2BR/2BA 1,138 Michael Haywood, Keller Williams

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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