The San Carlos Real Estate Week in Review: 11/9/2020.
November 9, 2020
The Recap.
Listing and sales activity tapered off last week, perhaps due to all of the interest surrounding the Presidential Election. There was only one new listing to enter the San Carlos market, while 6 existing homes were put into contract. That pushed the inventory of single-family homes for sale down to 19. This is the first time that the inventory has dropped below 20 in quite a few weeks, and we can probably expect it to stay low as we head into the holiday months. If you're thinking of selling your home, now would be an excellent time to get it ready for 2021 and hit the ground running early in the new year.
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 11/8/2020:| San Carlos SFR Data | 11/8/20 | Prior Week |
| Number of Closed Sales: | 6 | 5 |
| Average Sold Price: | $2,072,833 | $2,320,500 |
| Median Sold Price: | $2,140,000 | $2,302,500 |
| Average % Sold vs Orig List Price: | 104% | 100% |
| Average DOM of Closed Sales | 6 | 32 |
| Average $/Sq Foot (Sold) | $1,308 | $1,088 |
| Listings put into Contract: | 6 | 4 |
| Total Homes Pending Sale: | 28 | 27 |
| New Listings: | 1 | 2 |
| Total Active Listings: | 19 | 26 |
| Average Price of Active Listings: | $2,870,784 | $2,663,700 |
| Average DOM of Active Listings: | 53 | 45 |
| Average $/Sq Foot (List) | $1,082 | $1,077 |
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) |
| 703 Knoll Drive | $2,675,000 | $2,398,000 | +$277,000 (+11.6%) | $1,494 | 0 |
| 1967 Eaton Avenue | $2,575,000 | $2,549,000 | +$26,000 (+1.0%) | $1,423 | 9 |
| 133 Colton Avenue | $2,180,000 | $2,149,000 | +$31,000 (+1.4%) | $1,265 | 7 |
| 1425 Belmont Avenue | $2,100,000 | $1,898,000 | +$202,000 (+10.6%) | $1,364 | 5 |
| 204 Bay View Drive | $1,537,000 | $1,450,000 | +$87,000 (+6.0%) | $1,240 | 5 |
| 2152 Greenwood Avenue | $1,370,000 | $1,450,000 | -$80,000 (-5.5%) | $1,062 | 11 |
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) |
| 1180 Elm Street | $1,897,500 | 21 |
| 162 Rockridge Road | $2,995,000 | 17 |
| 124 Plymouth Avenue | $1,700,000 | 0 |
| 855 Somerset Court | $1,598,000 | 9 |
| 2150 White Oak Way | $1,749,000 | 25 |
| 405 Hillcrest Road | $2,550,000 | 6 |
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 |
| 3218 La Mesa Drive | $2,898,000 | 4BR/2.5BA | 2,720/10,126 | Greg Celotti, 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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