The San Carlos Real Estate Week in Review: 4/27/2020.

The Recap.

After a surprisingly robust showing the week prior, our local market settled down to a relatively quiet mode last week.  The metrics that track activity — new pending sales, new listings — were both down noticeably.   The total inventory of homes for sale in San Carlos bumped up slightly to 20, and it appears that new listings are starting to pull buyers off of the sidelines somewhat.  But the market is still operating under extreme restrictions that are having a devastating impact on the overall numbers.

Here are the sales numbers from last week:

The Numbers.

This 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 4/26/2020:

San Carlos SFR Data	4/26/20	Prior Week
Number of Closed Sales:	3	0
Average Sold Price:	$1,818,333	$0
Median Sold Price:	$1,850,000	$0
Average % Sold vs Orig List Price:	101%	0%
Average DOM of Closed Sales	–*	–*
Average $/Sq Foot (Sold)	$1,267	$0
Listings put into Contract:	3	6
Total Homes Pending Sale:	11	13
Listings put into Contract:	3	6
New Listings:	4	8
Total Active Listings:	20	18
Average Price of Active Listings:	$2,414,250	$2,458,500
Average DOM of Active Listings:	–*	–*
Average $/Sq Foot (List)	$1,026	$1,036

*DOM figures are frozen until SIP is lifted.

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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)
147 Wildwood Avenue	$2,100,000	$2,100,000	$0 (0%)	$1,228	–*
8 Ensenada Road	$1,850,000	$1,788,000	+$62,000 (+3.5%)	$1,112	–*
1525 Greenwood Avenue	$1,505,000	$1,429,000	+$76,000 (+5.3%)	$1,461	–*

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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)
2125 Eaton Avenue	$2,350,000	–*
948 Alameda	$1,799,000	–*
640 Prospect Street	$1,750,000	–*

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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
477 Emerald Avenue	$2,748,000	4BR/3BA	2,560/5,264	Robert Bredel, Dwell
1400 Eaton Avenue	$2,100,000	3BR/2BA	1,840/6,235	Robert Pedro, Signature Realty
948 Alameda	$1,799,000	3BR/3BA	2,327/5,500	Marquise Murphy, Compass
1375 Geneva Avenue	$1,798,000	3BR/2BA	1,470/4,400	John Shroyer, Golden Gate Sothebys

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