The San Carlos Real Estate Week in Review: 11/30/2020.
December 1, 2020
The Recap.
First of all, I apologize for the delay in getting this week's report out to you. For those of you who checked in for the Weekly Review this morning, you already know that I was battling some website issues — but all is corrected! I hope everyone had a safe and enjoyable Thanksgiving holiday.
As expected, activity was on the lighter side with the condensed week. There were only two new listings to test the market, and the current inventory of homes for sale in San Carlos sits at a paltry 12 homes. From the persistence file, two homes went pending this week that had been on the market for 95 and 100 days respectively, which just proves that old adage that every house will eventually sell in San Carlos if you're just patient enough. We're heading into what will likely be the one of the busier Decembers on record for real estate activity in San Carlos, so keep checking in to the site for updates.
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 11/29/2020:| San Carlos SFR Data | 11/29/20 | Prior Week |
| Number of Closed Sales: | 4 | 8 |
| Average Sold Price: | $2,904,000 | $2,020,750 |
| Median Sold Price: | $2,915,000 | $1,900,000 |
| Average % Sold vs Orig List Price: | 95% | 103% |
| Average DOM of Closed Sales | 30 | 12 |
| Average $/Sq Foot (Sold) | $1,096 | $1,299 |
| Listings put into Contract: | 4 | 11 |
| Total Homes Pending Sale: | 30 | 29 |
| New Listings: | 2 | 3 |
| Total Active Listings: | 12 | 15 |
| Average Price of Active Listings: | $2,964,657 | $2,944,726 |
| Average DOM of Active Listings: | 55 | 54 |
| Average $/Sq Foot (List) | $1,180 | $1,134 |
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) |
| 2328 Howard Avenue | $4,700,000 | $4,850,000 | -$150,000 (-13.3%) | $1,133 | 33 |
| 3461 Brittan Avenue | $3,380,000 | $3,899,000 | -$519,000 (-13.3%) | $885 | 59 |
| 1344 Geneva Avenue | $2,450,000 | $2,298,000 | +$152,000 (+6.6%) | $1,145 | 8 |
| 1223 Alameda | $1,086,000 | $1,198,000 | -$112,000 (-13.3%) | $1,220 | 19 |
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) |
| 387 Cedar Street | $1,399,888 | 9 |
| 2691 San Carlos Avenue | $1,868,000 | 8 |
| 742 Crestview Drive | $3,898,000 | 100 |
| 2421 Melendy Drive | $2,439,000 | 95 |
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 |
| 1749 Elizabeth Street | $3,895,000 | 3BR/2.5BA | 2,926/9,044 | Daniel Chavez, Coldwell Banker |
| 1348 Walnut Street | $1,795,000 | 3BR/2BA | 1,530/4,917 | Edward Stephens/Coldwell Banker |
| 761 Orange Avenue | $1,749,000 | 2BR/1.5BA | 1,208/5749 | The Pickett Group, KW |
| 783 Orange Avenue | $1,558,888 | 2BR/1BA | 1,170/5,710 | Maria Rhodes, DCP Realty |
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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