The San Carlos Real Estate Week in Review: 10/28/2019.
October 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.
881 Bauer Drive
| 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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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) |
|---|---|---|---|---|
| 6 Azalea Lane | $1,600,000 | $1,580,000 | +$20,000 (+1.3%) | 10 |
| 734 Chestnut Street #5 | $1,075,000 | $1,088,000 | -$13,000 (-1.2%) | 23 |
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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) |
|---|---|---|
| 3374 Brittan Avenue #7 | $1,149,000 | 27 |
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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 |
|---|---|---|---|---|
| 10 Torino Lane | $1,249,888 | 2BR/2.5BA | 1,600 | David Blewett, Intero |
| 618 Walnut Street #406 | $1,219,000 | 2BR/2BA | 1,258 | Tricia Soliz, Compass |
| 2987 Melendy Drive #4 | $1,175,000 | 2BR/2BA | 1,570 | Robert Bredel, dwell |
| 1432 San Carlos Avenue #3 | $1,049,000 | 2BR/2.5BA | 1,080 | Haifa Khoury, Sothebys |
| 772 Walnut Street #6 | $869,000 | 2BR/1.5BA | 970 | Jeri Richardson-Daines, Sequoia Realty |
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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