The San Carlos Real Estate Week in Review: 7/22/2019.

Activity is slowly starting to pick up again in the local real estate market as more buyers are getting back from their vacations and resuming their home searches.  There were 5 single family homes that were put into contract last week, and open houses seemed to be just a bit more busy.  If things track this year as they have historically, this trend should continue as we head into post-vacation market in August.  Interest rates are still remarkably low, and the pace of new listings should start to increase as July concludes.

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 7/21/2019:

San Carlos SFR Data	7/21/19	Prior Week
Number of Closed Sales:	5	9
Average Sales Price:	$2,098,400	$1,918,111
Median Sales Price:	$2,350,000	$1,910,000
Average % Sold vs List Price:	100%	104%
Average DOM of Closed Sales	17	11
Average $/Sq Foot (Sold)	$1,134	$1,206
No. of New Listings:	5	3
Total # of Active Listings:	20	22
Average Price of Active Listings:	$2,234,094	$2,248,762
Average DOM of Active Listings:	36	37
Average $/Sq Foot (List)	$986	$983
Total # of Homes Pending Sale:	23	30
Active-Pending Ratio:	0.87 : 1	0.67 : 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.

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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)
1078 Hewitt Drive (4BR/3BA)	$2,400,000	$2,298,000	+$102,000 (+4.4%)	$1,091	19
1910 Cedar Street (3BR/3BA)	$2,400,000	$2,495,950	-$95,950 (-3.8%)	$882	7
1094 Hewitt Drive (4BR/3BA)	$2,350,000	$2,350,000	$0 (0%)	$1,113	9
149 Plymouth Avenue (3BR/2BA)	$1,952,000	$1,988,000	-$36,000 (-1.8%)	$1,356	25
1524 Greenwood Avenue (2BR/1BA)	$1,380,000	$1,390,000	-$10,000 (-0.7%)	$1,230	24

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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	List Price	DOM (days)
1411 Crestview Drive	$1,925,000	54
1009 Elm Street	$2,650,000	2
120 Arundel Road	$1,639,000	38
112 Belvedere Avenue	$1,545,000	39
933 Woodland Avenue	$2,480,000	83

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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
1088 Hewitt Drive	$2,349,000	4BR/3BA	1,980/10,800	Tara Jaramillo, dwell
6 Arch Lane	$1,898,000	4BR/3BA	2,040/7,200	Mary Abolmoluki, Coldwell Banker
431 Wellington Drive	$1,749,888	4BR/2BA	1,630/6,600	Dave Blewett, Intero

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