The San Carlos Real Estate Week in Review: 6/22/2020.

The Recap.

The data for last week in the San Carlos real estate was almost identical to the week prior.  There were 9 homes that entered the market last week, and 6 of the existing inventory were put into contract — almost the same as the prior period.  The strong listing surge pushed the inventory of homes for sale up to 37 as of this morning, which is definitely more of a Spring-like number instead of what we might normally see in late June.

Despite the increased inventory, there are still a lot of buyers looking for homes in San Carlos right now.  Most listings seem to be getting good traffic, and we're still seeing some multiple offers on certain properties.

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 6/21/2020:

San Carlos SFR Data	6/21/20	Prior Week
Number of Closed Sales:	3	3
Average Sold Price:	$2,333,333	$2,020,000
Median Sold Price:	$2,380,000	$2,015,000
Average % Sold vs Orig List Price:	98%	101%
Average DOM of Closed Sales	–*	–*
Average $/Sq Foot (Sold)	$1,024	$1,179
Listings put into Contract:	6	6
Total Homes Pending Sale:	21	20
New Listings:	9	10
Total Active Listings:	37	33
Average Price of Active Listings:	$2,512,592	$2,491,269
Average DOM of Active Listings:	–*	–*
Average $/Sq Foot (List)	$1,079	$1,071

*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)
330 Park Avenue	$2,850,000	$2,880,000	-$30,000 (-1.1%)	$905	–*
269 Clifton Avenue	$2,380,000	$2,500,000	-$120,000 (-4.8%)	$905	–*
1250 Central Avenue	$1,770,000	$1,769,000	+$1,000 (+0.0%)	$959	–*

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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)
139 Madera Avenue	$1,675,000	9
1013 Rosewood Avenue	$3,180,000	5
125 Garnet Avenue	$1,498,000	–*
1537 Howard Avenue	$1,649,000	7
1345 Geneva Avenue	$2,998,000	11
270 Cedar Street	$1,525,000	26

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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
72 Coronado Avenue	$3,198,000	5BR/4BA	3,615/19,610	Laura Bryant, Keller Williams
945 Chestnut Street	$2,788,000	4BR/3BA	2,652/7,500	Lucy Goldeshteyn, Redfin
631 Wellington Drive	$2,750,000	5BR/4BA	2,985/7,000	Virginia Trowbridge, GI Joe Homes
205 Aberdeen Drive	$2,450,000	4BR/3BA	2,400/7,501	Alana Corso, Dwell
3024 Brittan Avenue	$1,998,000	3BR/2BA	1,790/15,400	Erika Ameri, Compass
128 Glasgow Lane	$1,998,000	3BR/2BA	1,850/7,334	Mary Abolmoluki, Coldwell Banker
1343 Chestnut Street	$1,948,000	4BR/2.5BA	1,640/4,040	Vandervort Group, Veritas Homes
1616 Chestnut Street	$1,945,000	3BR/2BA	1,640/4,400	Caroline Dinsmore, Compass
2467 San Carlos Avenue	$1,449,000	3BR/2BA	1,170/7,560	Midge Zylker, Broker

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