The San Carlos Real Estate Week in Review: 9/13/21

September 13, 2021


The Recap.

As I predicted in the previous Week in Review, the week after Labor Day weekend historically starts the Fall market in San Carlos, and my prediction was spot on this year. After a spell of zero new listings the prior week, 13 new homes hit the market in just 5 days last week. This more than doubled the inventory of homes for sale to 18, which is still not a huge number but is a big jump from the 8 homes that were on the market last week.

Buyers can also rejoice in the fact that more listings will be hitting the market in the coming weeks as home sellers push to get their homes on the market and in contract before we start that glorious trip into the holiday season!

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 9/12/2021:
San Carlos SFR Data9/12/2021Prior Week
Number of Closed Sales:611
Average Sold Price:$2,446,000$2,347,091
Median Sold Price:$2,375,000$2,380,000
Average % Sold vs Orig List Price:107%106%
Average DOM of Closed Sales911
Average $/Sq Foot (Sold)$1,244$1,301
Listings put into Contract:37
Total Homes Pending Sale:2629
New Listings:130
Total Active Listings:188
Average Price of Active Listings:$2,944,821$3,368,750
Average DOM of Active Listings:2149
Average $/Sq Foot (List)$1,116$1,097

3410 Brittan Avenue

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)
3410 Brittan Avenue$3,200,000$2,995,000+$205,000 (+6.8%)$1,3457
293 Club Drive$2,850,000$2,788,000+$62,000 (+2.2%)$1,11813
848 Knoll Drive$2,400,000$2,588,000-$188,000 (-7.3%)$1,23112
311 Dartmouth Avenue$2,350,000$2,141,888+$208,112 (+9.7%)$90713
159 Rogers Avenue$2,301,000$1,795,000+$506,000 (+28.2%)$1,3467
861 Sunset Drive$1,575,000$1,575,000$0 (0%)$1,2800

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 PriceDOM (days)
1011 Riverton Drive$1,598,00015
933 Walnut Street$3,350,00012
4 Alderlee Way$2,598,00018
1500 Elm 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
70 Gateway Court$3,799,0004BR/3.5BA3,208/4,616$1,184Coldwell Banker
855 Cabot Court$2,998,0003BR/2.5BA2,551/10,454$1,175Guide
1500 Elm Street$2,950,0003BR/2.5BA2,351/7,020$1,255Gateway
256 Timothy Drive$2,948,0004BR/2.5BA2,270/7,560$1,299Sothebys
411 Ridge Road$2,580,0004BR/5BA2,715/4,950$950Sothebys
2555 Eaton Avenue$2,600,0004BR/2.5BA2,490/7,625$1,044Compass
303 Portofino Drive$2,495,0004BR/2.5BA2,050/11,300$1,217Compass
391 Portofino Drive$2,448,0003BR/2BA1,890/19,000$1,295Compass
3281 La Mesa Drive$2,399,8883BR/2.5BA2,620/10,710$916Intero
953 Sunset Drive$2,350,0004BR/3BA2,300/5,650$1,022Compass
2540 San Carlos Avenue$2,298,0004BR/2BA1,857/8,000$1,237Keller Williams
1110 Royal Lane$1,988,0003BR/2.5BA2,880/3,409$690RE/MAX
2707 San Carlos Avenue$1,748,0003BR/2BA1,250/6,300$1,398Dwell

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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