The San Carlos Real Estate Week in Review: 6/28/21

June 28, 2021

1453-Walnut-Street

The Recap.

San Carlos home prices continue to surge to all time highs, and we'll discuss some of those data points in more detail later this week when I recap the first 6 months of 2021. There were some very large premiums paid over the asking price for homes that closed last week — a trend we've consistently seen as we've emerged from the COVID lockdown — and there doesn't seem to be anything holding this market back. Even persistent talk of inflation hasn't tempered the intensity of the market. I was perusing the open house of a $4.5M listing in Woodside yesterday, and it was packed with legitimate and motivated buyers. As you'll see in the numbers later this week, this market is still surging full steam ahead.

Have a great week! 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 6/27/2021:
San Carlos SFR Data6/27/2021Prior Week
Number of Closed Sales:1312
Average Sold Price:$2,315,962$2,419,867
Median Sold Price:$2,320,000$2,500,000
Average % Sold vs Orig List Price:110%112%
Average DOM of Closed Sales1213
Average $/Sq Foot (Sold)$1,323$1,312
Listings put into Contract:123
Total Homes Pending Sale:2930
New Listings:715
Total Active Listings:1824
Average Price of Active Listings:$2,779,111$2,794,079
Average DOM of Active Listings:2217
Average $/Sq Foot (List)$1,172$1,155

1453 Walnut 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. ListPremium Over List$/sq footDOM (days)
1573 Chestnut Street$3,195,000$3,195,000$0 (0%)$1,19851
202 Timothy Drive$3,000,000$2,898,000+$102,000 (+3.5%)$1,1807
58 Chestnut Street$2,650,000$2,398,000+$252,000 (+10.5%)$1,2805
757 Knoll Drive$2,635,000$2,698,000-$63,000 (-2.3%)$1,1878
1567 Greenwood Avenue$2,405,000$1,740,000+$665,000 (+38.2%)$1,7304
428 Sycamore Street$2,400,000$1,969,000+$431,000 (+21.9%)$1,3414
2211 Howard Avenue$2,320,000$1,968,000+$352,000 (+17.9%)$1,7427
203 Clifton Avenue$2,275,000$2,182,000+$93,000 (+4.3%)$1,04314
2032 Brittan Avenue$2,205,000$1,858,000+$347,000 (+18.7%)$1,4418
1453 Walnut Street$2,200,000$2,098,000+$102,000 (+4.9%)$1,0844
1551 Walnut Street$1,800,000$1,798,000+$2,000 (+0.1%)$1,02317
2616 Thornhill Drive$1,630,000$1,699,500-$69,500 (-4.1%)$1,41520
940 Holly Street$1,392,000$1,249,000+$143,000 (+11.4%)$1,5388

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)
126 Fairbanks Avenue$2,300,00017
324 Emerald Avenue$1,995,00016
754 Cordilleras Avenue$1,849,8888
332 Devonshire Boulevard$4,198,0005
749 Orange Avenue$2,998,99818
1360 Oakhurst Avenue$1,798,0006
1120 Hudson Court$2,798,0009
322 Elm Street$2,998,0006
830 Buckland Avenue$2,198,0007
520 Club Drive$2,898,0008
2417 Melendy Drive$1,999,00010
255 Club Drive$4,280,00013
1125 Walnut Street

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
90 Loma Road$4,750,0005BR/3.5BA3,396/16,400$1,399Realty World
977 Crestview Drive$2,485,0004BR/2.5BA2,750/12,714$904Sothebys
240 Chesham Avenue$2,399,0003BR/4BA2,360/10,800$1,017Green Banker
1125 Walnut Street$2,199,0003BR/2BA1,730/4,920$1,271Reali
517 Cedar Street$1,749,0003BR/1BA1,290/5,824$1,356Coldwell Banker
160 Rogers Avenue$1,695,0003BR/2BA1,587/4,840$1,068Sothebys
1560 Howard Avenue$1,600,0002BR/2BA930/5,520$1,720Better Homes

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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