The San Carlos Real Estate Week in Review: 2/10/2020.

The Recap.

The listing activity in San Carlos finally began to pick up last week, as the traditional post-Super Bowl spring market is about in full swing.  Eight new single-family listings hit the market in San Carlos last week, but that was somewhat counterbalanced by the 5 homes that were put into contract during the same period.  The net result is that the inventory of homes for sale in San Carlos sits at 15 as of this morning.

Buyers were very decisive last week.  3 of the 5 homes that were put into escrow last week were only on the market for a week or less, and open houses were very well attended.  This is a good indication that the market is shrugging off the sluggishness of the latter months of 2019, and is starting with a new energy in 2020.

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 2/9/2020:

San Carlos SFR Data	2/9/20	Prior Week
Number of Closed Sales:	1	3
Average Sales Price:	$1,475,000	$1,879,000
Median Sales Price:	$1,475,000	$1,688,000
Average % Sold vs List Price:	118%	100%
Average DOM of Closed Sales	11	0
Average $/Sq Foot (Sold)	$1,069	$1,167
No. of New Listings:	8	2
Total # of Active Listings:	15	10
Average Price of Active Listings:	$2,816,252	$2,650,172
Average DOM of Active Listings:	50	62
Average $/Sq Foot (List)	$1,015	$1,038
Total # of Homes Pending Sale:	8	4
Active-Pending Ratio:	1.9 : 1	2.8 : 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)
1661 Hull Drive	$1,475,000	$1,250,000	+$225,000 (+18%)	$1,069	11

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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)
3387 Melendy Drive	$2,200,000	12
111 Winding Way	$1,700,000	4
585 Dartmouth Avenue	$1,680,000	6
817 Chestnut Street	$1,698,000	7
105 Manor Drive	$2,198,000	23

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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
662 Dartmouth Avenue	$3,398,000	4BR/4.5BA	3,715/11,700	Henry Chu, Golden Gate Sothebys
56 Coronado Avenue	$3,298,888	5BR/4BA	3,245/13,600	Anna Karpie, Keller Williams
124 Mesa Verde Way	$3,100,000	3BR/2.5BA	2,600/10,033	Allegra De Peralta, RE/MAX
158 Fleetwood Drive	$2,398,000	4BR/2.5BA	2,650/10,000	John Shroyer, Golden Gate Sothebys
3210 Melendy Drive	$2,229,000	4BR/3.5BA	2,800/9,200	Chris Cook, Coldwell Banker
55 Pine Avenue	$1,988,000	3BR/2.5BA	1,900/7,702	Chuck Gillooley, Compass
111 Winding Way	$1,700,000	3BR/2BA	2,600/10,600	Kathryn Bebury, Golden Gate Sothebys
1929 Cedar Street	$1,595,000	2BR/2BA	1,320/4,480	Radha Tomassetti, Compass

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