The San Carlos Real Estate Week in Review: 10/19/2020.

October 19, 2020


The Recap.

Homes continued to sell at a brisk pace last week in San Carlos, with 9 homes being put into contract.  But not all price ranges are seeing robust activity — 8 of those 9 homes that went pending were listed under $2,000,000, which is the entry level price point for San Carlos.  The upper price ranges are still taking a lot longer to sell, and over half of the inventory of homes currently for sale is listed at $2.3M and above.   The time those listings have been sitting on the market is almost 40 days on average. This shouldn't be a huge surprise, since there are usually more buyers at the entry level than there are at the top of the scale.

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 10/18/2020:
San Carlos SFR Data10/18/20Prior Week
Number of Closed Sales:611
Average Sold Price:$1,799,028$2,021,727
Median Sold Price:$1,873,583$1,655,000
Average % Sold vs Orig List Price:105%106%
Average DOM of Closed Sales610
Average $/Sq Foot (Sold)$1,177$1,194
Listings put into Contract:95
Total Homes Pending Sale:3026
New Listings:75
Total Active Listings:3031
Average Price of Active Listings:$2,641,240$2,414,787
Average DOM of Active Listings:3228
Average $/Sq Foot (List)$1,112$1,136

155 Wilshire Court

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.
AddressSold PriceOrig. ListDifference$/sq footDOM (days)
155 Wilshire Court$2,230,000$2,048,000+$182,000 (+8.9%)$1,1094
17 Cedar Street$2,052,000$1,898,000+$154,000 (+8.1%)$1,1191
1333 Woodland Avenue$1,960,000$1,848,000+$112,000 (+6.1%)$1,4904
60 Pine Avenue$1,787,166$1,800,000-$12,834 (-0.7%)$1,0330
338 Emerald Avenue$1,475,000$1,350,000+$175,000 (+13.0%)$1,04616
2084 San Carlos Avenue$1,290,000$1,288,000+$2,000 (+0.2%)$1,2658

(Click the “Homes For Sale” sign below to see ALL of the homes currently for Sale in San Carlos.)

Homes for Sale in San Carlos

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:
AddressList Price DOM (days)
1573 Chestnut Street$3,195,00051
1047 Sylvan Drive$1,799,00010
1854 San Carlos Avenue$1,299,00013
1637 Greenwood Avenue$1,798,00028
2152 Greenwood Avenue$1,350,00011
955 Montgomery Street$1,649,0008
2801 San Simeon Way$1,798,0009
1737 Cedar Street$1,700,00028
823 Sunset Drive$1,549,0008

2328 Howard Avenue

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:
AddressList PriceBR/BASq Ft (home/lot) Listed By
2328 Howard Avenue$4,850,0006BR/6.5BA4,147/9,735Judy Citron, Compass
162 Rockridge Road$2,995,0004BR/3BA2,700/6,721Maryann Ernst, Compass
1415 Elm Street$2,695,0004BR/3BA2,404/6,372Jessica Rucker, Legacy
1344 Geneva Avenue$2,298,0004BR/3BA2,140/4,038Cliff Whearley dwell
2150 White Oak Way$1,749,8003BR/2BA1,520/5,941Lynette Morehead, Intero
2825 Tramanto Drive$1,698,0003BR/2BA1,453/10,123Alex Sobieski, Redfin
1509 Belmont Avenue$1,499,0002BR/1BA1,110/4,599Mary Yeargain, Compass

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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