The San Carlos Real Estate Week in Review: 10/7/2019.
October 7, 2019
The San Carlos real estate market was “balanced” last week, for lack of a better word. The number of new listings was slightly exceeded by the number of homes that were put into contract, thus lowering the number of homes for sale to 19. This is in marked contrast to a year ago at this time when we were sitting on nearly twice that much inventory, and homes were sitting on the market for much longer. This is a big part of the reason why the home values in San Carlos have remained relatively stable this year, while other communities have seen their average home price drop in 2019 as we discussed in the Q3 Review last week.
Here are the sales numbers from last week:
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 10/6/2019:
|San Carlos SFR Data||10/6/19||Prior Week|
|Number of Closed Sales:||6||5|
|Average Sales Price:||$1,895,500||$1,862,500|
|Median Sales Price:||$1,736,500||$1,8675,000|
|Average % Sold vs List Price:||101%||110%|
|Average DOM of Closed Sales||17||13|
|Average $/Sq Foot (Sold)||$1,022||$1,114|
|No. of New Listings:||4||3|
|Total # of Active Listings:||19||21|
|Average Price of Active Listings:||$2,217,997||$2,310,236|
|Average DOM of Active Listings:||44||39|
|Average $/Sq Foot (List)||$1,041||$982|
|Total # of Homes Pending Sale:||23||24|
|Active-Pending Ratio:||0.83 : 1||0.88 : 1|
The San Carlos Open House Page.
If you're looking at open houses this weekend in San Carlos, check out the San Carlos Open House List. With one click on the Open House sign below, you'll get a “live” list of all the homes and condos that will be open this weekend in San Carlos! It's updated continuously from the MLS, so bookmark this link and you'll never have to wander around town looking for open houses again.
San Carlos Single-Family Residences Sold:
Below is a list of the single-family home contracts that closed escrow this past week in San Carlos. Click on the address of each to see the complete details.
|Address||Sold Price||Orig. List||Difference||$/Sq Foot||DOM (days)|
|19 Bay View Drive||$2,910,000||$2,650,000||+$260,000 (+9.8%)||$866||7|
|1385 Alameda de las Pulgas||$1,835,000||$1,825,000||+$10,000 (+0.5%)
|412 Hillcrest Road||$1,785,000||$1,750,000||+$35,000 (+2.0%)
|416 Winding Way||$1,480,000||$1,398,000||+$82,000 (+5.9%)
|208 Garnet Avenue||$1,688,000||$1,698,000||-$10,000 (-0.6%)
|6 Arch Lane||$1,675,000||$1,898,000||-$223,000 (-11.7%)
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)|
|11 Madera Avenue||$1,850,000||60|
|546 Cedar Street||$1,749,000||10|
|2540 San Carlos Avenue||$1,698,000||7|
|100 Coventry Court||$2,498,000||18|
|35 Williams Lane||$1,750,000||17|
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|
|274 Vine Street||$1,998,000||3BR/2BA||1,840/5,000||JJ Team, Intero|
|1956 Eucalyptus Avenue||$1,695,000||3BR/2BA||1,440/5,000||David Young, Coldwell Banker|
|1022 Walnut Street||$1,650,000||2BR/2BA||1,290/6,000||Jerry May, Montalvo Realty|
|1968 Arroyo Avenue||$1,349,000||3BR/2BA||1,080/5,000||Brian Ayer, Golden Gate Sothebys|
(Click the “Homes For Sale” sign below to see ALL of the homes currently 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)|
|7 Calypso Lane||$1,352,000||$1,400,000||-$48,000 (-3.4%)||33|
|400 Portofino Drive #1||$1,150,000||$1,050,000||+$100,000 (+9.5%)||4|
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)|
|734 Chestnut Street #5||$1,088,000||23|
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 Pyrola Lane||$1,569,000||3BR/2.5BA||2,031||Robert Pedro, Signature Realty|
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.