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

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.

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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)
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

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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)
—	$–	—

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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
—	$–	–/–	–/–	—

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