The San Carlos Real Estate Week in Review: 12/7/2020.

The Recap.

San Carlos home buyers didn't have a lot to choose from last week, and the sales activity reflected this.  Only two homes were put into contract, while just four homes decided to test the early December market.  This is typical activity for this time of year, and we can expect to see similar results for the remaining weeks of 2020.

Speaking of 2020, it's worth noting that despite the pandemic and the resulting shelter-in-place, the total sales volume in the San Carlos real estate market has already surpassed the total sales for 2019 — and we still have 3.5 weeks left in the year!  I can tell you that nobody could foresee this happening when we were sitting completely idle in March.   But that's the sign of a strong real estate market, and there's no reason to believe that this won't continue in 2021.

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 12/7/2020:

San Carlos SFR Data	12/7/20	Prior Week
Number of Closed Sales:	9	4
Average Sold Price:	$2,125,106	$2,904,000
Median Sold Price:	$2,069,000	$2,915,000
Average % Sold vs Orig List Price:	101%	95%
Average DOM of Closed Sales	21	30
Average $/Sq Foot (Sold)	$1,113	$1,096
Listings put into Contract:	1	4
Total Homes Pending Sale:	22	30
New Listings:	4	2
Total Active Listings:	14	12
Average Price of Active Listings:	$2,847,063	$2,964,657
Average DOM of Active Listings:	53	55
Average $/Sq Foot (List)	$1,190	$1,180

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)
162 Rockridge Road	$2,800,000	$2,995,000	-$195,000 (-6.5%)	$1,011	17
405 Hillcrest Road	$2,678,000	$2,550,000	+$128,000 (+5.0%)	$1,007	6
60 Loma Road	$2,498,000	$2,698,000	-$200,000 (-7.4%)	$1,023	41
144 Plymouth Avenue	$2,100,000	$1,889,000	+$211,000 (+11.2%)	$1,221	5
244 Timothy Drive	$2,069,000	$2,449,000	-$380,000 (-15.5%)	$915	69
1180 Elm Street	$2,012,000	$1,897,500	+$114,500 (+6.0%)	$1,219	21
855 Somerset Court	$1,900,000	$1,598,000	+$302,000 (+18.9%)	$1,138	9
1047 Sylvan Drive	$1,768,957	$1,799,000	-$30,043 (-1.7%)	$1,127	10
44 Plymouth Avenue	$1,300,000	$1,288,000	+$12,000 (+0.9%)	$1,354	7

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)
1700 Howard Avenue	$2,125,000	0
1348 Walnut Street	$1,795,000	3

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
924 Woodland Avenue	$1,998,000	3BR/2BA	1,450/5,797	Marquise Murphy, Compass
1348 Walnut Street	$1,795,000	3BR/2BA	1,530/4,920	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.