The San Carlos Real Estate Week in Review: 10/14/2019.

Buyers in the San Carlos market outnumbered sellers last week, with 7 homes being put into contract while only 4 new listings launched during the same period.  This pulled the inventory of homes for sale down to 15 single-family homes throughout San Carlos, which is a relatively low number and certainly drastically different from this time last year when the fall inventory ballooned up after a huge September listing surge.  The average days-on-market (DOM) for these 15 listings is sitting at surprisingly high 44 days, which is reflective of the longer time it's taking for some of the more expensive listings in San Carlos to sell.

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 10/13/2019:

San Carlos SFR Data	10/13/19	Prior Week
Number of Closed Sales:	4	6
Average Sales Price:	$2,045,750	$1,895,500
Median Sales Price:	$1,912,500	$1,736,500
Average % Sold vs List Price:	105%	101%
Average DOM of Closed Sales	11	17
Average $/Sq Foot (Sold)	$1,182	$1,022
No. of New Listings:	4	4
Total # of Active Listings:	15	19
Average Price of Active Listings:	$2,113,067	$2,217,997
Average DOM of Active Listings:	44	44
Average $/Sq Foot (List)	$975	$1,041
Total # of Homes Pending Sale:	26	23
Active-Pending Ratio:	0.58 : 1	0.83 : 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)
434 Hill Way	$2,675,000	$2,500,000	+$150,000 (+6.0%)	$990	13
2734 Debbie Court	$2,100,000	$2,050,000	+$50,000 (+2.4%)	$955	11
131 Rockridge Road	$1,683,000	$1,675,000	+$8,000 (+0.5%)	$1,603	14
1719 Walnut Street	$1,725,000	$1,595,000	+$130,000 (+8.2%)	$1,182	7

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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)
2139 Greenwood Avenue	$2,995,000	19
1022 Walnut Street	$1,650,000	5
1109 Royal Lane	$1,698,950	54
1552 Magnolia Avenue	$1,289,500	24
274 Vine Street	$1,998,000	7
313 Oakview Drive	$3,995,000	20
1968 Arroyo Ave	$1,349,000	7

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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
662 Dartmouth Avenue	$3,298,000	4BR/4.5BA	3,715/11,700	Henry Chu, Today Sothebys
1249 Greenbrier Road	$1,965,000	3BR/2BA	1,760/8,400	Bill McQuaid, Compass
17 Coleman Court	$1,895,000	3BR/2.5BA	2,230/12,450	John Shroyer, Today Sothebys
333 Oakview Drive	$1,795,000	3BR/2.5BA	1,500/5,500	Jean-Luc Laminette, Compass

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

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