The San Carlos Real Estate Week in Review: 6/12/23

The Recap:

Hey everyone! Instead of diving right into numbers this week, there are a few of important housekeeping items pertaining to this post that I wanted to bring to your attention. The first pertains to layout and presentation of the email version of this weekly post. If you read this post each week from your email, you've likely noted that the data tables that I constantly refer to do not show up in the email that you get. This is due to a formatting error with the email subscription software that we use, and we hope to resolve that in the next release of the White Oaks Blog (more on that below). But for now, the way to view the entire post (including the data tables) is to click on the title header in the email, which in this case is “The San Carlos Real Estate Week in Review: 6/12/23”. That will take you directly to the site where you can see all of the data tables. I apologize for the extra step.

Speaking of layout changes, I had a brainstorm this past weekend and decided to add yet another data table to the mix on this report. Because more and more homes in San Carlos are being listed off of the MLS where you won't see them on Redfin or Zillow, I created a new table at the bottom of the post titled “Off-Market and Coming Soon Listings“. As the title insinuates, this table will also include the “coming-soon” properties that are posted on the MLS. Unfortunately, there are no links available for these properties, but feel free to contact me directly and I can send you the details on any of these properties. Going forward, the table entitled “San Carlos New Single-Family Home Listings” will only include those homes that are listed on the MLS. I hope you find this new addition to the post useful!

Finally, I'm thrilled to announce that we are in the final phases of a complete overhaul to the White Oaks Blog. The layout and performance of the site have been greatly enhanced, and it will allow much more flexibility for me to post more audio and video content as well. I can't wait to unveil the new site to you in the coming weeks.

Here are the 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 6/11/2023:

San Carlos SFR Data	6/11/23	Previous Week
Number of Closed Sales:		7
Average Sold Price:		$2,2715,714
Median Sold Price:		$2,275,000
Average % Sold vs Orig List Price:		103%
Average DOM of Closed Sales		13
Average $/Sq Foot (Sold)		$1,353
Listings put into Contract:		3
Total Homes Pending Sale:		20
New Listings:		3
Total Active Listings:		37
Average Price of Active Listings:		$2,821,613
Average DOM of Active Listings:		31
Average $/Sq Foot (List)		$1,280

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	Over/Under List	$/sq foot	DOM (days)
1125 Rosewood Avenue	$2,800,000	$2,598,000	+$202,000 (+18.7%)	$1,566	5
	$2,695,000	$2,895,000	-$200,000 (-6.9%)	$1,151	19

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.