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 Data11/8/20Prior Week
Number of Closed Sales:65
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 Sales632
Average $/Sq Foot (Sold)$1,308$1,088
Listings put into Contract:64
Total Homes Pending Sale:2827
New Listings:12
Total Active Listings:1926
Average Price of Active Listings:$2,870,784$2,663,700
Average DOM of Active Listings:5345
Average $/Sq Foot (List)$1,082$1,077

703 Knoll Drive

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)
703 Knoll Drive$2,675,000$2,398,000+$277,000 (+11.6%)$1,4940
1967 Eaton Avenue$2,575,000$2,549,000+$26,000 (+1.0%)$1,4239
133 Colton Avenue$2,180,000$2,149,000+$31,000 (+1.4%)$1,2657
1425 Belmont Avenue$2,100,000$1,898,000+$202,000 (+10.6%)$1,3645
204 Bayview Drive$1,537,000$1,450,000+$87,000 (+6.0%)$1,2405
2152 Greenwood Avenue$1,370,000$1,450,000-$80,000 (-5.5%)$1,06211

(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)
1180 Elm Street$1,897,50021
162 Rockridge Road$2,995,00017
124 Plymouth Avenue$1,700,0000
855 Somerset Court$1,598,0009
2150 White Oak Way$1,749,00025
405 Hillcrest Road$2,550,0006

3218 La Mesa Drive

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
3218 La Mesa Drive$2,898,0004BR/2.5BA2,720/10,126Greg 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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