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

July 23, 2019

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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.

San Carlos Open House List

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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.

1078 Hewitt Drive

1078 Hewitt Drive

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.

431 Wellington Drive

431 Wellington Drive

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

(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

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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)
23 Chicory Lane $1,440,000 $1,498,000 -$58,000 (-3.9%) 26
1536 Cherry Street #D $1,421,000 $1,435,000 -$14,000 (-1.0%) 41
757 Elm Street #8 $875,000 $817,000 +$58,000 (+7.1%) 6

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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 List Price DOM (days)
3356 La Mesa Drive #9 $1,198,000 4
3003 Melendy Drive #2 $998,000 7
8 Geranium Lane $999,000 0
3334 Brittan Avenue #15 $1,498,000 14

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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
5 Geranium Lane $1,719,000 3BR/2.5BA 2,100 Kevin Story, Sereno Group
16 Azalea Lane $1,325,000 3BR/2BA 1,239 DonnaMarie Baldwin, Coldwell Banker
633 Elm Street #319 $1,199,000 2BR/2BA 1,268 Sean Clar, RE/MAX
1432 San Carlos Avenue #4 $1,089,000 2BR/2.5BA 1,191 Renee Daskalakis, Today Sothebys

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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