The San Carlos Real Estate Week in Review: 2/1/2021.

February 1, 2021

11-Dover-Court

The Recap.

Just like two weeks ago, new listings dominated the landscape in San Carlos.  This past week, there were 9 new homes to join the ranks, which pushed the inventory up to 24 homes for sale.  This is a decent level for this time of year, and there will be more listings hitting the market in the coming weeks — especially after the Super Bowl is over.   It's important to remember that if you're buying in this market, many sellers are not setting offer dates like they were before the pandemic changed the market.  Now, more sellers are simply taking offers as they come, which is why you're seeing homes go pending after less than a week on the market.   The message here is that buyers need to be committed and decisive in this rapidly moving market.

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 1/31/2021:
San Carlos SFR Data1/31/2021Previous Week
Number of Closed Sales:21
Average Sold Price:$2,555,000$1,930,000
Median Sold Price:$2,555,000$1,930,000
Average % Sold vs Orig List Price:84%110%
Average DOM of Closed Sales11710
Average $/Sq Foot (Sold)$935$1,496
Listings put into Contract:63
Total Homes Pending Sale:1714
New Listings:98
Total Active Listings:2419
Average Price of Active Listings:$2,549,479$2,670,500
Average DOM of Active Listings:2731
Average $/Sq Foot (List)$1,079$1,146

11 Dover Court

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.
AddressSold PriceOrig. ListDifference$/sq footDOM (days)
248 Exeter Avenue$2,350,000$3,200,000-$850,000 (-26.6%)$1,002165
11 Dover Court$2,760,000$2,895,000-$135,000 (-4.7%)$86868

San Carlos Single-Family Homes Pending Sale

The following single-family homes went into contract in San Carlos last week. Click on the address of each home to see more details and photos:
AddressList Price DOM (days)
924 Woodland Avenue$1,998,00053
1951 Elizabeth Street$2,495,0003
924 Woodland Avenue$1,998,00053
335 Cedar Street$3,375,00047
1021 Rosewood Avenue$3,198,0003
38 Pine Avenue$2,880,0007

328 Hill Way

San Carlos 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:
AddressList PriceBR/BASq Ft (home/lot) $/Square FootListed By
1021 Rosewood Avenue$3,198,0004BR/3BA2,870/5,998$1,114Vickie Burgess, RealSmart
328 Hill Way$2,795,0004BR/3BA2,523/5,000$1,108Bryan Jacobs, RealSmart
984 Alameda$2,625,0004BR/3.5BA3,111/6,189$844Robert Bredel Dwell
2 Coleman Court$2,500,0004BR/3.5BA3,340/11,600$749Kalina Wasman, Coldwell Banker
1328 Greenbrier Road$2,250,0004BR/3BA2,730/8,757$824Heather Hansen, Compass
865 Sunset Drive$2,000,0004BR/3BA1,650/16,000$1,212Julie Rossi Rideau, Compass
1505 Cedar Street$1,925,0003BR/2BA1,720/4,640$1,119Mark Palermo, Compass
346 Oakview Drive$1,899,0004BR/3BA2,040/5,501$931Christine Cook, Coldwell Banker
262 Cedar Street$1,825,0004BR/2BA1,790/5,170$1,020Sarah Ravella, Golden Gate Sothebys

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.

Posted in:

Leave a Comment