The San Carlos Real Estate Week in Review: 7/8/24
July 8, 2024
The Recap:
Last week was quite slow due to the shortened holiday week, so activity was quite slow in the San Carlos real estate market. There were no new listings to add to the inventory, and only two homes were put under contract, which pulled the number of homes for sale in San Carlos down to 10. Half of these ten homes have been on the market for over three weeks on average, so there's not much new inventory to choose from right now.
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 7/07/2024:| San Carlos SFR Data | 7/07/24 | Previous Week |
|---|---|---|
| Number of Closed Sales: | 2 | 3 |
| Average Sold Price: | $3,575,000 | $1,733,333 |
| Median Sold Price: | 3,575,000 | $1,820,000 |
| Average % Sold vs Orig List Price: | 101% | 100% |
| Average Days Listed of Closed Sales | 11 | 52 |
| Average $/Sq Foot (Sold) | $1,250 | $1,211 |
| Listings Put Under Contract: | 2 | 2 |
| Total Homes Under Contract: | 11 | 11 |
| New Listings: | 0 | 3 |
| Total Active Listings: | 10 | 13 |
| Average Price of Active Listings: | $2,746,379 | $2,876,968 |
| Median Price of Active Listings: | $2,442,950 | $2,950,000 |
| Average Days of Active Listings: | 28 | 22 |
| Average $/Sq Foot (List) | $1,297 | $1,268 |
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 |
|---|---|---|---|---|---|
| 48 Camborne Avenue | $4,590,000 | $4,650,000 | -$60,000 (-1.3%) | $1,262 | 13 |
| 3 Graceland Lane | $2,560,000 | $2,499,000 | +$61,000 (+2.4%) | $1,237 | 9 |
*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 |
|---|---|---|
| 3251 La Mesa Drive | $2,950,000 | 7 |
| 555 Exeter Way | $2,998,000 | 18 |
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 |
|---|---|---|---|---|---|
- 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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