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

October 14, 2019

October-Calendar

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.

San Carlos Open House List

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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.

434 Hill Way

434 Hill Way

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.

662 Dartmouth Avenue

662 Dartmouth Avenue

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.)

Homes 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)
633 Elm Street #109 $1,201,000 $1,125,000 +$76,000 (+6.8%) 8

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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)
793 Elm Street #4 $1,078,000 45
1 Chicory Lane #106 $1,398,000 13
1113 Royal Lane $1,749,999 34

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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
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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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