The San Carlos Real Estate Week in Review: 5/31/21
May 31, 2021
The Recap.
Happy Memorial Day! I hope everyone gets time to relax today, enjoy friends and family, and reflect on what this day stands for. Home buyers certainly hustled to lock up homes before the holiday weekend. Nearly twice as many homes were put into contract as there were new listings. The week started with 20 homes for sale, but ended with only 14 which is the lowest level we've seen in weeks. This could partly be due to sellers opting to wait until after the holiday weekend to list their homes, or it could be an indication that the rate of new listings is going to drop as we head into the summer months. Either way, inventory just got a whole lot more scarce for home buyers in San Carlos.
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 5/30/2021:| San Carlos SFR Data | 5/30/2021 | Prior Week |
| Number of Closed Sales: | 10 | 10 |
| Average Sold Price: | $2,639,400 | $2,684,700 |
| Median Sold Price: | $2,434,000 | $2,850,000 |
| Average % Sold vs Orig List Price: | 111% | 107% |
| Average DOM of Closed Sales | 8 | 10 |
| Average $/Sq Foot (Sold) | $1,172 | $1,364 |
| Listings put into Contract: | 11 | 11 |
| Total Homes Pending Sale: | 44 | 42 |
| New Listings: | 6 | 7 |
| Total Active Listings: | 14 | 20 |
| Average Price of Active Listings: | $2,681,571 | $2,876,450 |
| Average DOM of Active Listings: | 28 | 26 |
| Average $/Sq Foot (List) | $1,172 | $1,092 |
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) |
| 940 Woodland Avenue | $3,905,000 | $3,358,000 | +$547,000 (+16.3%) | $1,380 | 8 |
| 2460 Howard Avenue | $3,800,000 | $3,495,000 | +$305,000 (+8.7%) | $1,154 | 6 |
| 148 Ruby Avenue | $3,300,000 | $3,149,000 | +$151,000 (+4.8%) | $1,030 | 1 |
| 389 Glenwood Street | $2,620,000 | $2,695,000 | -$75,000 (-2.8%) | $1,110 | 10 |
| 655 Bayport Court | $2,468,000 | $2,468,000 | $0 (0%) | $915 | 25 |
| 34 Hilltop Drive | $2,400,000 | $2,198,000 | +$202,000 (+9.2%) | $1,277 | 1 |
| 1319 Geneva Avenue | $2,250,000 | $1,598,000 | +$652,000 (+40.8%) | $1,697 | 6 |
| 1001 Crestview Drive | $2,225,000 | $1,995,000 | +$230,000 (+11.5%) | $1,096 | 6 |
| 1152 Royal Lane | $2,075,001 | $1,798,000 | +$277,001 (+15.4%) | $763 | 8 |
| 976 Holly Street | $1,351,000 | $1,275,000 | +$76,000 (+6.0%) | $1,299 | 8 |
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 | DOM (days) |
| 1453 Walnut Street | $2,098,000 | 4 |
| 3363 Melendy Drive | $3,200,000 | 78 |
| 101 Vista Del Grande | $2,398,000 | 17 |
| 203 Clifton Avenue | $1,998,000 | 14 |
| 1010 Crestview Drive | $2,668,000 | 4 |
| 425 Shelford Avenue | $3,900,000 | 64 |
| 1551 Walnut Street | $1,798,000 | 17 |
| 58 Chestnut Street | $2,398,000 | 5 |
| 909 Heather Drive | $2,260,000 | 9 |
| 26 Cobblestone Lane | $3,999,000 | 8 |
| 58 Club Drive | $2,998,000 | 8 |
San Carlos New 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) | $/Square Foot | Listed By |
| 435 Shelford Avenue | $2,498,000 | 3BR/2.5BA | 1,950/19,600 | $1,281 | Marylene Notariani, Compass |
| 1318 Pebble Drive | $2,295,000 | 3BR/2BA | 1,760/9,798 | $1,304 | Laura Bertolaci Dwell |
| 1310 Greenwood Avenue | $1,998,000 | 3BR/2BA | 1,520/5,200 | $1,314 | Charles Gillooley, Compass |
| 26 Dover Court | $1,795,000 | 3BR/2.5BA | 1,820/9,800 | $986 | Pete Vece, Sothebys |
| 128 Brook Street | $1,600,000 | 2BR/1BA | 870/9,800 | $1,839 | Shelly Roberson, Compass |
| 1567 Greenwood Avenue | $1,740,000 | 3BR/2BA | 1,390/4,800 | $1,252 | Raven Naber, Novo |
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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