The San Carlos Real Estate Week in Review: 9/30/2019.
September 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.
2921 Brittan Avenue
| 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.
56 Coronado Avenue
| 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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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) |
|---|---|---|---|---|
| 3366 La Mesa Drive #1 | $1,100,000 | $1,095,000 | +$5,000 (+0.5%) | 9 |
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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) |
|---|---|---|
| — | $– | — |
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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 |
|---|---|---|---|---|
| 1 Chicory Lane #106 | $1,398,000 | 3BR/2.5BA | 2,031 | Rumana Jabeen, Keller Williams |
| 3374 Brittan Avenue #7 | $1,149,000 | 3BR/2BA | 1,239 | Sean Clar, RE/MAX |
| 1001 Laurel Street #112 | $1,150,000 | 2BR/2BA | 1,138 | Guillermo Reyes, Better Homes |
| 1001 Laurel Street #104 | $1,150,000 | 2BR/2BA | 1,094 | MaryAnn Teixeira, Compass |
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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