The San Carlos Real Estate Week in Review: 1/13/2020.

January 13, 2020

Calendar-4

The Recap.

There's not a lot new to discuss this week in the San Carlos real estate market, except that the inventory of homes for sale in San Carlos remains at bare-bones level.  The same six homes that were on the market last week are the same six that are on this market this week.  The only exception is that two of them reduced their list price, and they have been on the market for yet another week.  Don't take this as an indication that the market has fallen on its face.  Buyers are definitely out in force early in 2020, and they are just waiting for some new inventory to be injected into the market.  Activity will definitely pick up in the coming weeks.

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 1/12/2020:

San Carlos SFR Data 1/12/20 Prior Week
Number of Closed Sales: 4 4
Average Sales Price: $1,730,000 $1,853,750
Median Sales Price: $1,590,000 $1,640,000
Average % Sold vs List Price: 100% 101%
Average DOM of Closed Sales 23 6
Average $/Sq Foot (Sold) $1,142 $1,209
No. of New Listings: 0 1
Total # of Active Listings: 6 6
Average Price of Active Listings: $2,565,500 $2,605,500
Average DOM of Active Listings: 98 92
Average $/Sq Foot (List) $916 $938
Total # of Homes Pending Sale: 2 5
Active-Pending Ratio: 3 : 1 1.2 : 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

____________________________________________________________________

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.

1101 Elm Street

1101 Elm Street

Address Sold Price Orig. List Difference $/Sq Foot DOM (days)
2436 Melendy Drive (off-MLS) $2,380,000 $2,298,000 +$82,000 (+3.4%) $1,150 0
967 McCue Avenue $1,625,000 $1,648,000 -$23,000 (-1.4%) $1,048 49
1101 Elm Street $1,555,000 $1,598,000 -$48,000 (-3.0%) $1,254 40
245 Ruby Avenue (off-MLS) $1,360,000 $1,360,000 $0 (0%) $1,115 0

__________________________________________________________________

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)
$–

____________________________________________________________________

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.)

Homes 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)
5 Daffodil Lane $1,880,000 $1,888,000 -$8,000 (-0.4%) 8
3329 Brittan Avenue #1 $1,045,000 $1,150,000 -$105,000 (-10.0%) 104
728 Elm Street #303 $770,000 $849,950 -$79,950 (-9.4%) 51

____________________________________________________________________

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)
$–

____________________________________________________________________

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
438 Portofino Drive #106 $1,400,000 2BR/2BA 1,636 Young Platinum Group
3378 Brittan Avenue #9 $1,050,000 2BR/2BA 1,040 Joyce and Tatum, Dwell

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.

Posted in:

Leave a Comment