The San Carlos Real Estate Week in Review: 1/20/2020.
January 20, 2020
The Recap.
Listing activity is slowly starting to pick up as we get into the latter half of January. There were four new single family home listings in San Carlos, which essentially increased the available inventory by 50%, as these new listings complement the carry-over listings from the end of 2019. Even with the new listings, there are currently only 9 homes for sale in the entire city so we are certainly well below normal levels of inventory, even for this early in the year.
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 1/19/2020:
| San Carlos SFR Data | 1/19/20 | Prior Week |
|---|---|---|
| Number of Closed Sales: | 3 | 4 |
| Average Sales Price: | $1,766,667 | $1,730,000 |
| Median Sales Price: | $1,750,000 | $1,590,000 |
| Average % Sold vs List Price: | 110% | 100% |
| Average DOM of Closed Sales | 3 | 23 |
| Average $/Sq Foot (Sold) | $1,325 | $1,142 |
| No. of New Listings: | 4 | 0 |
| Total # of Active Listings: | 9 | 6 |
| Average Price of Active Listings: | $2,830,210 | $2,565,500 |
| Average DOM of Active Listings: | 63 | 98 |
| Average $/Sq Foot (List) | $1,073 | $916 |
| Total # of Homes Pending Sale: | 4 | 2 |
| Active-Pending Ratio: | 2.3 : 1 | 3 : 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.
883 Cordilleras Avenue
| Address | Sold Price | Orig. List | Difference | $/Sq Foot | DOM (days) |
|---|---|---|---|---|---|
| 1830 Cedar Street (off-MLS) | $2,000,000 | $2,000,000 | $0 (0%) | $1,290 | 0 |
| 883 Cordilleras Avenue | $1,750,000 | $1,349,000 | +$401,000 (+29.7%) | $1,577 | 9 |
| 1573 Chestnut Street (off-MLS) | $1,550,000 | $1,550,000 | $0 (0%) | $1,107 | 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) |
|---|---|---|
| 1661 Hull Drive | $1,250,000 | 11 |
| 142 Exeter Avenue | $1,998,000 | 66 |
| 15 Highland Avenue | $1,200,000 | 4 |
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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:
250 Oakview Drive
| Address | List Price | BR/BA | Sq Ft (home/lot) | Listed By |
|---|---|---|---|---|
| 250 Oakview Drive | $3,000,000 | 3BR/2.5BA | 2,490/7,500 | Camille Eder, Coldwell Banker |
| 2029 Cedar Street | $1,898,000 | 3BR/2BA | 1,750/6,720 | Leila Sisneros, Golden Gate Sothebys |
| 105 Manor Drive | $2,198,000 | 3BR/2BA | 1,664/6,930 | Brandon Kley, Peninsula Prime |
| 15 Highland Avenue | $1,200,000 | 4BR/2BA | 2,430/4,840 | Herb Schmulewicz, Keller Williams |
(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) |
|---|---|---|---|---|
| — | $– | $– | $– (–%) | — |
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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) |
|---|---|---|
| 3338 La Mesa Drive #5 | $1,100,000 | 91 |
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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 |
|---|---|---|---|---|
| 1001 Laurel Street #313 | $848,000 | 1BR/1BA | 755 | Lizi Tabet, Compass |
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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