The San Carlos Real Estate Week in Review: 7/26/21
July 26, 2021
The Recap.
Once again there were some stunning prices posted for sold homes in San Carlos last week. Aside from 332 Devonshire Boulevard fetching $4.5M (making it the 4th highest residential sale in San Carlos history), two homes sold for premiums of over $500,000 above the list price. Inventory remained relatively stable with 22 homes on the market and buyers still clearly outnumber sellers in this environment. Low inventory and interest rates are continuing to stoke the fire, so prices won't be coming down any time soon.
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 7/25/2021:San Carlos SFR Data | 7/25/2021 | Prior Week |
Number of Closed Sales: | 6 | 4 |
Average Sold Price: | $2,970,186 | $2,235,750 |
Median Sold Price: | $2,718,058 | $2,175,000 |
Average % Sold vs Orig List Price: | 113% | 113% |
Average DOM of Closed Sales | 11 | 11 |
Average $/Sq Foot (Sold) | $1,224 | $1,369 |
Listings put into Contract: | 7 | 13 |
Total Homes Pending Sale: | 34 | 33 |
New Listings: | 8 | 8 |
Total Active Listings: | 22 | 20 |
Average Price of Active Listings: | $2,654,629 | $2,667,150 |
Average DOM of Active Listings: | 23 | 22 |
Average $/Sq Foot (List) | $1,131 | $1,097 |
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 | Premium Over List | $/sq foot | DOM (days) |
332 Devonshire Boulevard | $4,500,000 | $4,198,000 | +$302,000 (+7.2%) | $1,071 | 5 |
38 Winding Way | $2,960,000 | $2,880,000 | +$80,000 (+2.8%) | $1,240 | 16 |
749 Orange Avenue | $2,925,000 | $2,998,998 | -$73,998 (-2.5%) | $1,110 | 18 |
2417 Melendy Drive | $2,511,116 | $1,999,000 | +$512,116 (+25.6%) | $1,357 | 10 |
830 Buckland Avenue | $2,500,000 | $2,198,000 | +$302,000 (+13.7%) | $980 | 7 |
754 Cordilleras Avenue | $2,425,000 | $1,849,888 | +$575,112 (+31.1%) | $1,585 | 8 |
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) |
227 Winding Way | $1,649,000 | 9 |
1025 Inverness Drive | $1,398,000 | 9 |
875 Buckland Avenue | $2,298,000 | 12 |
780 Knoll Drive | $2,988,000 | 9 |
3280 Melendy Drive | $2,250,000 | 8 |
101 Hillcrest Road | $1,898,000 | 7 |
215 Loma Road | $1,798,000 | 7 |
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 |
124 Devonshire Boulevard | $3,699,950 | 5BR/4BA | 3,390/8,840 | $1,091 | Netequity |
2424 San Carlos Avenue | $2,590,000 | 4BR/2.5BA | 2,490/14,040 | $1,040 | Compass |
6 Walton Street | $2,285,000 | 3BR/2BA | 1,660/7,208 | $1,377 | dwell |
311 Dartmouth Avenue | $2,141,888 | 3BR/2.5BA | 2,590/9,000 | $827 | Redfin |
184 Lyndhurst Avenue | $1,998,000 | 3BR/2BA | 1,660/7,650 | $1,204 | Sothebys |
47 Bayport Court | $1,699,000 | 3BR/2BA | 1,420/5,356 | $1,196 | Canlas Brothers |
908 Walnut Street | $1,655,000 | 3BR/1BA | 1,350/6,000 | $1,226 | Sothebys |
2424 San Carlos Avenue | $1,597,000 | 3BR/1BA | 1,170/8,000 | $1,365 | Modern 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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