If you thought the real estate market in San Carlos might start to cool off along with the fall weather, think again. 9 single-family homes closed escrow this past week in San Carlos at an average of 11% over the asking price. And of the 5 homes that went pending, the majority were hotly contested with multiple offers.
This is the kind of buying behavior that you'd expect to see in the spring. But even though we're getting deep into the fall real estate market, the pace is simply not slowing down in most parts of San Carlos.
Here are some other key stats for the San Carlos real estate market last week:
- # of Closed Sales: 9
- Average Sold Price: $1,179,056
- Average $/sq foot (sold): $592
- Average Days on Market (DOM) of Sold Homes: 24
- # of Homes to go Pending: 5
- Average Price of Homes for Sale: $1,550,615
What Sold in San Carlos:
The following is the list of single-family homes that sold this past week in San Carlos. Click on the addresses for more information about each property:- 76 Bayview Drive : $1,770,000
- 40 Hartford Avenue: $1,305,000
- 262 Cedar Street: $1,269,000
- 55 Shelford Avenue: $1,237,500
- 300 De Anza Avenue: $1,210,000
- 20 Barbara Lane: $1,140,000
- 602 De Anza Avenue: $1,090,000
- 903 Hall Street: $825,000
- 2133 Brittan Avenue: $765,000
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Chuck Gillooley is a Realtor, long-time San Carlos resident, and author of The White Oaks Blog -- the leading source for information on San Carlos real estate.
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