The San Carlos Real Estate Week in Review: 10/14/2019.
October 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.
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
| 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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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 |
|---|---|---|---|---|
| — | $– | — | — | — |
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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