The San Carlos Real Estate Week in Review: 7/20/2020.
July 20, 2020
The Recap.
If there's an upside to the restrictions that have been imposed on showing property during the modified shelter in place, it's that it's easier to gauge the actual the traffic through a particular listing as opposed to just estimating the turnout at an open house, since everyone must make an appointment to see the property.
Some new listings last week reported that the showing scheduled was booked up the entire weekend with buyers. I was averaging over 10 showings each day at 59 Club Drive, and another agent report getting twice that amount at her listing in Belmont. So buyers are still definitely out in force in this market, fueled by historically low interest rates for purchase loans.
The inventory of homes for sale in San Carlos sits at 28 homes as of this morning, with a full 50% of these homes listed at $2,200,000 or higher.
Here are the sales numbers from last week:
At A Glance
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 7/19/2020:San Carlos SFR Data | 7/19/20 |
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Number of Closed Sales: | 5 | 3 |
Average Sold Price: | $2,227,278 | $2,565,333 |
Median Sold Price: | $2,100,000 | $2,448,000 |
Average % Sold vs Orig List Price: | 105% | 102% |
Average DOM of Closed Sales | 11 | 6 |
Average $/Sq Foot (Sold) | $1,219 | $917 |
Listings put into Contract: | 6 | 5 |
Total Homes Pending Sale: | 38 | 39 |
New Listings: | 8 | 9 |
Total Active Listings: | 28 | 25 |
Average Price of Active Listings: | $2,400,959 | $2,637,316 |
Average DOM of Active Listings: | 34 | 35 |
Average $/Sq Foot (List) | $1,087 | $1,091 |
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) |
945 Chestnut Street | $3,250,945 | $2,788,000 | +$462,945 (+16.6%) | $1,226 | 6 |
205 Aberdeen Drive | $2,920,000 | $2,450,000 | +$470,000 (+19.2%) | $1,217 | 5 |
315 Homer Court | $2,300,000 | $2,498,000 | -$198,000 (-7.9%) | $1,133 | 7 |
183 Belvedere Avenue | $2,100,000 | $1,890,000 | +$210,000 (+11.1%) | $1,329 | 7 |
1973 White Oak Way | $2,100,000 | $1,895,000 | +$205,000 (+10.8%) | $1,370 | 4 |
270 Cedar Street | $1,490,000 | $1,525,000 | -$35,000 (-2.3%) | $1,209 | 26 |
130 Emerald Avenue | $1,430,000 | $1,575,000 | -$145,000 (-9.2%) | $1,051 | 20 |
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) |
23 Tasker Lane | $3,250,000 | 6 |
56 Coronado Avenue | $3,295,000 | 75 |
112 Beverly Drive | $2,800,000 | 19 |
224 Fairmont Avenue | $2,089,000 | 12 |
19 Dover Court | $2,798,000 | 6 |
907 Sunset Drive | $1,985,000 | 38 |
New San Carlos Single-Family Home Listings
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 |
59 Club Drive | $2,250,000 | 4BR/2.5BA | 2,477/7,200 | Chuck Gillooley, Compass |
33 Cambridge Street | $2,200,000 | 4BR/2BA | 1,920/5,695 | Mona Koussa, eHomeSurf |
807 Tamarack Avenue | $2,098,000 | 3BR/2BA | 1,604/7,052 | Robert Bredel, Dwell |
2209 Brittan Avenue | $1,949,000 | 3BR/2BA | 1,940/10,000 | Mueller Zanger Group, Compass |
936 Sunset Drive | $1,899,000 | 4BR/4BA | 2,070/5,610 | Carrie Du Bois, Golden Gate Sothebys |
2100 Eaton Avenue | $1,799,950 | 3BR/1.5BA | 1,895/5,460 | Ed Gory, Intero |
116 Hillcrest Road | $1,780,000 | 3BR/1.5BA | 1,550/11,5000 | Lisa Susnow, Golden Gate Sothebys |
2629 San Carlos Avenue | $1,595,000 | 4BR/3BA | 1,572/7,000 | Ron Evans, Keller Williams |
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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