The San Carlos Real Estate Week in Review: 2/1/2021.
February 1, 2021
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 Data | 1/31/2021 | Previous Week |
Number of Closed Sales: | 2 | 1 |
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 Sales | 117 | 10 |
Average $/Sq Foot (Sold) | $935 | $1,496 |
Listings put into Contract: | 6 | 3 |
Total Homes Pending Sale: | 17 | 14 |
New Listings: | 9 | 8 |
Total Active Listings: | 24 | 19 |
Average Price of Active Listings: | $2,549,479 | $2,670,500 |
Average DOM of Active Listings: | 27 | 31 |
Average $/Sq Foot (List) | $1,079 | $1,146 |
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) |
248 Exeter Avenue | $2,350,000 | $3,200,000 | -$850,000 (-26.6%) | $1,002 | 165 |
11 Dover Court | $2,760,000 | $2,895,000 | -$135,000 (-4.7%) | $868 | 68 |
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:Address | List Price | DOM (days) |
924 Woodland Avenue | $1,998,000 | 53 |
1951 Elizabeth Street | $2,495,000 | 3 |
335 Cedar Street | $3,375,000 | 47 |
1021 Rosewood Avenue | $3,198,000 | 3 |
38 Pine Avenue | $2,880,000 | 7 |
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:Address | List Price | BR/BA | Sq Ft (home/lot) | $/Square Foot | Listed By |
1021 Rosewood Avenue | $3,198,000 | 4BR/3BA | 2,870/5,998 | $1,114 | Vickie Burgess, RealSmart |
328 Hill Way | $2,795,000 | 4BR/3BA | 2,523/5,000 | $1,108 | Bryan Jacobs, RealSmart |
984 Alameda | $2,625,000 | 4BR/3.5BA | 3,111/6,189 | $844 | Robert Bredel Dwell |
2 Coleman Court | $2,500,000 | 4BR/3.5BA | 3,340/11,600 | $749 | Kalina Wasman, Coldwell Banker |
1328 Greenbrier Road | $2,250,000 | 4BR/3BA | 2,730/8,757 | $824 | Heather Hansen, Compass |
865 Sunset Drive | $2,000,000 | 4BR/3BA | 1,650/16,000 | $1,212 | Julie Rossi Rideau, Compass |
1505 Cedar Street | $1,925,000 | 3BR/2BA | 1,720/4,640 | $1,119 | Mark Palermo, Compass |
346 Oakview Drive | $1,899,000 | 4BR/3BA | 2,040/5,501 | $931 | Christine Cook, Coldwell Banker |
262 Cedar Street | $1,825,000 | 4BR/2BA | 1,790/5,170 | $1,020 | Sarah 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.
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