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 Data11/29/20Prior Week
Number of Closed Sales:48
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 Sales3012
Average $/Sq Foot (Sold)$1,096$1,299
Listings put into Contract:411
Total Homes Pending Sale:3029
New Listings:23
Total Active Listings:1215
Average Price of Active Listings:$2,964,657$2,944,726
Average DOM of Active Listings:5554
Average $/Sq Foot (List)$1,180$1,134

2328 Howard Avenue

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)
2328 Howard Avenue$4,700,000$4,850,000-$150,000 (-13.3%)$1,13333
3461 Brittan Avenue$3,380,000$3,899,000-$519,000 (-13.3%)$88559
1344 Geneva Avenue$2,450,000$2,298,000+$152,000 (+6.6%)$1,1458
1223 Alameda$1,086,000$1,198,000-$112,000 (-13.3%)$1,22019

(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)
387 Cedar Street$1,399,8889
2691 San Carlos Avenue$1,868,0008
742 Crestview Drive$3,898,000100
2421 Melendy Drive$2,439,00095

761 Orange 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
1749 Elizabeth Street$3,895,0003BR/2.5BA2,926/9,044Daniel Chavez, Coldwell Banker
1348 Walnut Street$1,795,0003BR/2BA1,530/4,917Edward Stephens/Coldwell Banker
761 Orange Avenue$1,749,0002BR/1.5BA1,208/5749The Pickett Group, KW
783 Orange Avenue$1,558,8882BR/1BA1,170/5,710Maria 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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