The San Carlos Real Estate Week in Review: 12/14/2020.
December 14, 2020
The Recap.
There was very little new activity in the San Carlos real estate market last week, which is not a surprise since we're only a few weeks from the end of the year. The lack of new listings has pushed the inventory of homes for sale in San Carlos down to only 11, the lowest we've seen in months. Sellers are tooling up for what should be a very robust Spring market in 2021, as we will discuss in more detail in a future post.
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 12/13/2020:| San Carlos SFR Data | 12/13/20 | Prior Week |
| Number of Closed Sales: | 1 | 9 |
| Average Sold Price: | $3,250,000 | $2,125,106 |
| Median Sold Price: | $3,250,000 | $2,069,000 |
| Average % Sold vs Orig List Price: | 96% | 101% |
| Average DOM of Closed Sales | 98 | 21 |
| Average $/Sq Foot (Sold) | $1,002 | $1,113 |
| Listings put into Contract: | 3 | 1 |
| Total Homes Pending Sale: | 25 | 22 |
| New Listings: | 1 | 4 |
| Total Active Listings: | 11 | 14 |
| Average Price of Active Listings: | $2,944,616 | $2,847,063 |
| Average DOM of Active Listings: | 52 | 53 |
| Average $/Sq Foot (List) | $1,135 | $1,190 |
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) |
| 56 Coronado Avenue | $3,250,000 | $3,395,000 | -$145,000 (-4.3%) | $1,002 | 98 |
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) |
| 5 Portofino Court | $2,998,000 | 83 |
| 11 Dover Court | $2,795,000 | 68 |
| 2348 Howard Avenue | $1,895,000 | 27 |
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 |
| 411 Ridge Road | $1,750,000 | 3BR/2BA | 1,970/4,948 | Rick Barrelier, KW |
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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