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:

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 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%)
$948 21
412 Hillcrest Road $1,785,000 $1,750,000 +$35,000 (+2.0%)
$1,275 2
416 Winding Way $1,480,000 $1,398,000 +$82,000 (+5.9%)
$1,057 12
208 Garnet Avenue $1,688,000 $1,698,000 -$10,000 (-0.6%)
$1,167 23
6 Arch Lane $1,675,000 $1,898,000 -$223,000 (-11.7%)
$821 39


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.)


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