The San Carlos Real Estate Week in Review: 6/17/24
June 17, 2024
The Recap:
Happy Father's Day to all the dads out there. Buying and selling activity was light last week in the San Carlos real estate market, as one would expect for this time of year. There were only three new listings to test the market, while only 2 properties were put under contract. The net result is that our inventory of single-family homes for sale is sitting at 10 as of this morning. If you read the May update from last week, you'll know that the same forces that kept a lid on our market last year are very much still at play this year.
Here's what happened last week:
At A Glance
This is a high-level view of the market performance for single-family residences (SFR's) in San Carlos. This data is for the 7-day period ending Sunday 6/16/2024:| San Carlos SFR Data | 6/16/24 | Previous Week |
|---|---|---|
| Number of Closed Sales: | 6 | 6 |
| Average Sold Price: | $2,708,000 | $2,565,000 |
| Median Sold Price: | $2,594,000 | $2,443,500 |
| Average % Sold vs Orig List Price: | 108% | 113% |
| Average Days Listed of Closed Sales | 9 | 6 |
| Average $/Sq Foot (Sold) | $1,277 | $1,496 |
| Listings put into Contract: | 2 | 5 |
| Total Homes Pending Sale: | 15 | 18 |
| New Listings: | 3 | 2 |
| Total Active Listings: | 10 | 11 |
| Average Price of Active Listings: | $3,184,459 | $2,819,144 |
| Median Price of Active Listings: | $3,096,500 | $2,899,900 |
| Average Days of Active Listings: | 21 | 16 |
| Average $/Sq Foot (List) | $1,176 | $1,204 |
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 home to see more details and photos:| Address | Sold Price | Orig. List | Over/Under List | $/sq foot | Days Listed |
|---|---|---|---|---|---|
| 3309 Melendy Drive | $3,665,000 | $3,250,000 | +$415,000 (+12.8%) | $1,454 | 7 |
| 124 Chestnut Street | $3,560,000 | $2,998,000 | +$562,000 (+18.7%) | $1,456 | 8 |
| 232 Windsor Drive | $2,420,000 | $2,298,000 | +$122,000 (+5.3%) | $1,136 | 4 |
| 313 Windsor Drive | $2,010,000 | $1,698,000 | +$312,000 (+18.4%) | $845 | 14 |
| 213 Park Avenue | $2,768,000 | $2,788,000 | -$20,000 (-0.7%) | $1,422 | 8 |
| 1363 Woodland Avenue | $1,825,000 | $1,898,000 | -$73,000 (-3.8%) | $1,352 | 13 |
*Designates the home was sold off of the public-facing MLS.
San Carlos Single-Family Homes Pending Sale
The following single-family homes were put into contract in San Carlos last week. Click on the address of each home to see more details and photos:| Address | List Price | Days Listed |
|---|---|---|
| 152 Wildwood Avenue | $2,488,000 | 23 |
| 159 Rockridge Road | $1,788,000 | 0 |
New San Carlos Single-Family Home Listings
Below are the new listings that hit the MLS 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) | $/Square Foot | Listed By |
|---|---|---|---|---|---|
| 29 Highland Avenue | $3,898,00 | 4BR/3.5BA | 3,172/5,534 | $1,229 | PARC |
| 555 Exeter Way | $2,998,00 | 4BR/3BA | 2,970/7,300 | $1,009 | Compass |
| 159 Rockridge Road | $1,788,000 | 3BR/2BA | 1,150/5,800 | $1,554 | eXp |
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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