The San Carlos Real Estate Week in Review: 5/3/21

May 3, 2021


The Recap.

Last week was yet another week of very strong sales in the San Carlos real estate market. Nine new listings hit the market, and seven existing listings were put into contract during the same stretch. All four homes that closed escrow last week got 6-figure premiums over their respective asking prices, showing just how competitive the market still is. Those four homes were on the market for only 5 days on average, which underscores the need to see homes as soon as they hit the market in San Carlos. The hot listings aren't lasting a week in this current environment.

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 5/2/2021:
San Carlos SFR Data5/2/2021Prior Week
Number of Closed Sales:44
Average Sold Price:$2,723,750$2,753,750
Median Sold Price:$2,710,000$2,557,500
Average % Sold vs Orig List Price:118%116%
Average DOM of Closed Sales55
Average $/Sq Foot (Sold)$1,236$1,341
Listings put into Contract:76
Total Homes Pending Sale:3027
New Listings:910
Total Active Listings:2522
Average Price of Active Listings:$2,888,259$2,906,038
Average DOM of Active Listings:2121
Average $/Sq Foot (List)$1,132$1,038

401 Chesntut Street

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)
1944 Eaton Avenue$2,900,000$2,398,000+$502,000 (+20.9%)$1,2543
184 Cedar Street$2,800,000$2,150,000+$650,000 (+30.2%)$1,4215
133 Ruby Avenue$2,620,000$2,398,000+$222,000 (+9.3%)$1,1905
401 Chestnut Street$2,575,000$2,350,000+$225,000 (+9.6%)$1,0777

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:
AddressList Price DOM (days)
230 Exeter Avenue$2,895,00011
389 Glenwood Street$2,695,00010
655 Bayport Avenue$2,468,00025
1152 Royal Lane$1,798,0006
379 Elm Street$2,800,0007
736 Dartmouth Avenue$1,950,0008
976 Holly Street$1,275,0008
717 Best Court

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:
AddressList PriceBR/BASq Ft (home/lot) $/Square FootListed By
717 Best Court$3,898,0005BR/4.5BA4,210/18,731$926Chris Molnar, CB
2125 Carmelita Drive$3,595,0004BR/4BA2,815/5,492$1,277Mark Palermo, Compass
940 Woodland Avenue$3,358,0004BR/3BA2,830/11,820$1,187Laura Bertolacci Dwell
2032 Arroyo Avenue$2,298,0003BR/2BA1,770/5000$1,298Cynthia Kodweis, Sereno
39 Vine Street$2,049,0005BR/2BA1,880/6,222$1,090Debbie Wilhelm, CB
109 Brook Street$1,998,0003BR/3BA1,727/5,269$1,157Debbie Wilhelm, CB
2616 Thornhill Drive$1,699,5003BR/2BA1,152/5,670$1,475David Osbaldeston, Oz Realty
116 Chesham Avenue$1,603,0003BR/2BA1,580/7,850$1,015Eileen O'Reilly, eXp
1319 Geneva Avenue$1,598,0002BR/1BA1,326/4,040$1,205Chami Kang, Compass

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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