The San Carlos Real Estate Week in Review: 9/30/2019.

Today marks the end of the third quarter of 2019, and we are heading into the home stretch of the real estate market for this year.  Once the calendar hits November, the activity in the local market tends to drop significantly as buyers and sellers alike start to focus on the holidays.  That means the next 30 days should be packed with activity as we take advantage of the last month of longer days and decent weather to wrap up what's left of the fall market.  Later in the week I will run some stats on how we are doing so far this year compared to the past few years.

Here are the sales numbers from last week:

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 9/22/2019:

San Carlos SFR Data	9/22/19	Prior Week
Number of Closed Sales:	5	5
Average Sales Price:	$1,862,500	$1,915,600
Median Sales Price:	$1,875,000	$1,860,000
Average % Sold vs List Price:	110%	103%
Average DOM of Closed Sales	13	15
Average $/Sq Foot (Sold)	$1,114	$962
No. of New Listings:	3	8
Total # of Active Listings:	21	24
Average Price of Active Listings:	$2,310,236	$2,238,290
Average DOM of Active Listings:	39	28
Average $/Sq Foot (List)	$982	$977
Total # of Homes Pending Sale:	24	20
Active-Pending Ratio:	0.88 : 1	1.2 : 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)
2921 Brittan Avenue	$2,210,000	$1,998,000	+$212,000 (+10.6%)	$1,068	11
2696 San Carlos Avenue	$2,200,000	$1,787,000	+$413,000 (+23.1%)	$1,043	7
1004 Sylvan Drive	$1,875,000	$1,588,000	+$287,000 (+18.1%)	$1,157	7
431 Wellington Drive	$1,677,500	$1,749,888	-$72,388 (-4.1%)	$1,029	34
170 Rockridge Road	$1,350,000	$1,298,000	+$52,000 (+4.0%)	$1,274	8

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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)
10 Shratton Avenue	$2,195,000	121
2833 Tramanto Drive	$2,050,000	17
2734 Debbie Court	$2,050,000	11
881 Bauer Drive	$2,198,000	5
1030 Drake Court	$1,965,000	52
1561 Greenwood Avenue	$1,799,000	9
1455 Magnolia Avenue	$1,735,000	6

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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
56 Coronado Avenue	$3,395,000	4BR/4BA	3,425/13,600	Amy Anderson, Keller Williams
2540 San Carlos Avenue	$1,698,000	4BR/2BA	1,687/8,000	Robert Bredel, Dwell
546 Cedar Street	$1,749,000	3BR/2BA	2,040/6,500	Tara Jaramillo, dwell

(Click the “Homes For Sale” sign below to see ALL of the homes currently for Sale in San Carlos.)

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