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 Data | 5/2/2021 | Prior Week |
| Number of Closed Sales: | 4 | 4 |
| 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 Sales | 5 | 5 |
| Average $/Sq Foot (Sold) | $1,236 | $1,341 |
| Listings put into Contract: | 7 | 6 |
| Total Homes Pending Sale: | 30 | 27 |
| New Listings: | 9 | 10 |
| Total Active Listings: | 25 | 22 |
| Average Price of Active Listings: | $2,888,259 | $2,906,038 |
| Average DOM of Active Listings: | 21 | 21 |
| Average $/Sq Foot (List) | $1,132 | $1,038 |
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) |
| 1944 Eaton Avenue | $2,900,000 | $2,398,000 | +$502,000 (+20.9%) | $1,254 | 3 |
| 184 Cedar Street | $2,800,000 | $2,150,000 | +$650,000 (+30.2%) | $1,421 | 5 |
| 133 Ruby Avenue | $2,620,000 | $2,398,000 | +$222,000 (+9.3%) | $1,190 | 5 |
| 401 Chestnut Street | $2,575,000 | $2,350,000 | +$225,000 (+9.6%) | $1,077 | 7 |
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) |
| 230 Exeter Avenue | $2,895,000 | 11 |
| 389 Glenwood Street | $2,695,000 | 10 |
| 655 Bayport Avenue | $2,468,000 | 25 |
| 1152 Royal Lane | $1,798,000 | 6 |
| 379 Elm Street | $2,800,000 | 7 |
| 736 Dartmouth Avenue | $1,950,000 | 8 |
| 976 Holly Street | $1,275,000 | 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 |
| 717 Best Court | $3,898,000 | 5BR/4.5BA | 4,210/18,731 | $926 | Chris Molnar, CB |
| 2125 Carmelita Drive | $3,595,000 | 4BR/4BA | 2,815/5,492 | $1,277 | Mark Palermo, Compass |
| 940 Woodland Avenue | $3,358,000 | 4BR/3BA | 2,830/11,820 | $1,187 | Laura Bertolacci Dwell |
| 2032 Arroyo Avenue | $2,298,000 | 3BR/2BA | 1,770/5000 | $1,298 | Cynthia Kodweis, Sereno |
| 39 Vine Street | $2,049,000 | 5BR/2BA | 1,880/6,222 | $1,090 | Debbie Wilhelm, CB |
| 109 Brook Street | $1,998,000 | 3BR/3BA | 1,727/5,269 | $1,157 | Debbie Wilhelm, CB |
| 2616 Thornhill Avenue | $1,699,500 | 3BR/2BA | 1,152/5,670 | $1,475 | David Osbaldeston, Oz Realty |
| 116 Chesham Avenue | $1,603,000 | 3BR/2BA | 1,580/7,850 | $1,015 | Eileen O'Reilly, eXp |
| 1319 Geneva Avenue | $1,598,000 | 2BR/1BA | 1,326/4,040 | $1,205 | Chami 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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