The San Carlos Real Estate Week in Review: 12/9/2019.
December 9, 2019
With no new listings to hit the market in the past few weeks, the inventory of homes for sale in San Carlos has slowly dwindled as we approach the end of the year. As of this morning, there are only 11 single-family homes for sale in all of San Carlos. This is not terribly surprising, given the time of the year and the relatively tepid activity in the market.
Barring any unforeseen statistical catastrophe in the final three weeks of the year, the San Carlos real estate market will once again post positive gains from the previous year. While this may not seem noteworthy after a decade of strong growth, numerous communities on the Peninsula will not be able to stake such a claim, as house pricing is definitely starting to level in the Bay Area.
Here are the sales numbers from last week:
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 11/24/2019:
|San Carlos SFR Data||11/24/19||Prior Week|
|Number of Closed Sales:||5||4|
|Average Sales Price:||$2,445,100||$2,030,250|
|Median Sales Price:||$1,750,000||$1,785,500|
|Average % Sold vs List Price:||99%||101%|
|Average DOM of Closed Sales||22||25|
|Average $/Sq Foot (Sold)||$987||$1,055|
|No. of New Listings:||0||0|
|Total # of Active Listings:||11||14|
|Average Price of Active Listings:||$2,669,899||$2,616,278|
|Average DOM of Active Listings:||57||46|
|Average $/Sq Foot (List)||$1,015||$1,039|
|Total # of Homes Pending Sale:||13||14|
|Active-Pending Ratio:||0.8 : 1||1 : 1|
The San Carlos Open House Page.
If you're looking at open houses this weekend in San Carlos, check out the San Carlos Open House List. With one click on the Open House sign below, you'll get a “live” list of all the homes and condos that will be open this weekend in San Carlos! It's updated continuously from the MLS, so bookmark this link and you'll never have to wander around town looking for open houses again.
San Carlos Single-Family Residences Sold:
Below is a list of the single-family home contracts that closed escrow this past week in San Carlos. Click on the address of each to see the complete details.
|Address||Sold Price||Orig. List||Difference||$/Sq Foot||DOM (days)|
|2120 Saint Francis Way (off market)||$3,650,000||$3,500,000||+$150,000 (+4.3%)||$1,078||0|
|149 Kelton Avenue (off market)||$3,560,000||$3,499,000||+$61,000 (+1.7%)||$1,127||0|
|2940 Sherwood Drive||$1,750,000||$1,850,000||-$100,000 (-5.4%)||$866||47|
|427 Wellington Avenue||$1,725,500||$1,696,900||+$28,600 (+1.7%)||$819||9|
|243 Windsor Drive||$1,540,000||$1,675,000||-$135,000 (-8.1%)||$1,048||52|
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 photos5
|Address||List Price||DOM (days)|
|967 McCue Avenue||$1,648,000||49|
|887 Elm Street||$2,735,000||10|
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|
(Click the “Homes For Sale” sign below to see ALL of the homes currently for Sale in San Carlos.)
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)|
|739 Elm Street #4||$1,019,000||$1,098,000||-$79,000 (-7.2%)||67|
|1456 San Carlos Avenue #101||$840,000||$949,888||-$109,888 (-11.6%)||20|
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)|
|3330 La Mesa Drive #12||$1,190,000||142|
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.