The San Carlos Real Estate Week in Review: 2/17/2020.
February 17, 2020
After a robust listing performance two weeks ago, the San Carlos real estate market went back into deep freeze mode last week as sellers opted to not have their first open house weekend coincide with President's Day Weekend and the subsequent ski week after that. Accounting for the three homes that went into contract during the same period, the inventory of homes for sale in San Carlos shrunk back down to 12 total.
It's interesting to note that the average price of a home that's listed for sale today in San Carlos is nearly $3,000,000. Granted, a number of these homes have been on the market a long time, but it's telltale evidence that San Carlos is getting more expensive each year.
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 2/16/2020:
|San Carlos SFR Data||2/16/20||Prior Week|
|Number of Closed Sales:||3||1|
|Average Sales Price:||$2,141,667||$1,475,000|
|Median Sales Price:||$2,290,000||$1,475,000|
|Average % Sold vs List Price:||107%||118%|
|Average DOM of Closed Sales||2||11|
|Average $/Sq Foot (Sold)||$1,260||$1,069|
|No. of New Listings:||0||8|
|Total # of Active Listings:||12||15|
|Average Price of Active Listings:||$2,904,815||$2,816,252|
|Average DOM of Active Listings:||66||50|
|Average $/Sq Foot (List)||$1,006||$1,038|
|Total # of Homes Pending Sale:||8||8|
|Active-Pending Ratio:||1.1 : 1||1.9 : 1|
The San Carlos Open House Page.
If you're looking at open houses this weekend in San Carlos, check out the San Carlos Open House List. With one click on the Open House sign below, you'll get a “live” list of all the homes and condos that will be open this weekend in San Carlos! It's updated continuously from the MLS, so bookmark this link and you'll never have to wander around town looking for open houses again.
San Carlos Single-Family Residences Sold:
Below is a list of the single-family home contracts that closed escrow this past week in San Carlos. Click on the address of each to see the complete details.
|Address||Sold Price||Orig. List||Difference||$/Sq Foot||DOM (days)|
|1562 Gover Lane (off-market)||$2,350,000||$2,350,000||$0 (0%)||$1,230||0|
|2029 Cedar Street||$2,290,000||$1,898,000||+$392,000 (+20.1%)||$1,309||7|
|1956 Eucalyptus Avenue (off-market)||$1,785,000||$1,785,000||$0 (0%)||$1,240||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)|
|55 Pine Avenue||$1,988,000||7|
|158 Fleetwood Drive||$2,398,000||6|
|250 Oakview Drive||$3,000,000||26|
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)|
|9 Marigold Lane||$1,800,000||$1,698,888||+$101,112 (+6.0%)||30|
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)|
|3383 Brittan Avenue #11||$1,098,000||7|
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|
|434 Portofino Drive #301||$1,498,000||2BR/2.5BA||2,494||BWG Partners, Compass|
|402 Portofino Drive #3||$1,098,000||3BR/2BA||1,570||Cheryl Bower, Zephyr|
|3374 La Mesa Drive #10||$999,000||2BR/2BA||1,040||Sean Clar, RE/MAX|
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.