The San Carlos Real Estate Week in Review: 10/28/2019.

After the prior week's surge in new listings, last week was relatively quiet by comparison in the San Carlos real estate market.  Only two new listings hit the market,  which did little to help increase the options for buyers.  Speaking of buyers, they were quite a bit busier last week, taking eight homes out of circulation, including one of the brand new listings.

This imbalance in activity pulled the inventory level down to just 15 homes for sale in all of San Carlos as we close out the final week of October.  Have a Happy Halloween!

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 10/27/2019:

San Carlos SFR Data	10/27/19	Prior Week
Number of Closed Sales:	6	5
Average Sales Price:	$1,845,883	$1,671,623
Median Sales Price:	$1,963,500	$1,580,000
Average % Sold vs List Price:	105%	111%
Average DOM of Closed Sales	11	9
Average $/Sq Foot (Sold)	$1,142	$1,283
No. of New Listings:	2	10
Total # of Active Listings:	15	22
Average Price of Active Listings:	$2,053,667	$2,025,657
Average DOM of Active Listings:	47	34
Average $/Sq Foot (List)	$955	$948
Total # of Homes Pending Sale:	26	24
Active-Pending Ratio:	0.58 : 1	0.85 : 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)
881 Bauer Drive	$2,198,000	$2,198,000	$0 (0%)	$687	5
1561 Greenwood Avenue	$2,005,000	$1,799,000	+$206,000 (+11.5%)	$1,228	9
2833 Tramanto Drive	$2,002,000	$2,050,000	-$48,000 (-2.3%)	$953	17
1455 Magnolia Avenue	$1,925,000	$1,735,000	+$190,000 (+11.0%)	$1,106	6
130 Oakview Drive	$1,495,000	$1,495,000	$0 (0%)	$1,159	19
1054 Cedar Street	$1,450,000	$1,300,000	+$150,000 (+11.5%)	$1,726	9

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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)
980 Hall Street	$1,588,000	6
427 Wellington Drive	$1,696,900	9
1249 Greenbrier Road	$1,965,000	12
340 Devonshire Boulevard	$2,789,000	62
192 Coronado Avenue	$2,400,000	11
2708 Eaton Avenue	$1,950,000	1
689 Bayport Avenue	$1,199,950	7
749 Orange Avenue	$1,499,950	8

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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
2708 Eaton Avenue	$1,950,000	3BR/2BA	1,470/5,000	Feeras Duqmaq, Dwell
233 Ruby Avenue	$1,595,000	3BR/2BA	1,310/4,400	Laura Bertolacci, Dwell

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

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