The San Carlos Real Estate Week in Review: 11/1/21

November 1, 2021


The Recap.

Welcome to November! We are heading into the final two months of 2021 with very little inventory and home prices that seem to climb unabated. Only two new listings entered the market last week, which was only enough to keep the inventory of homes for sale in San Carlos at 10. This is the lowest number that we've started a week with in a long time, but it's not surprising given where the calendar is at. November and December are usually low-inventory months as sellers will often n

Sales prices continue to go through the roof. If you look at the 14 homes that closed escrow last week, nearly half of them fetched premiums of $400,000 or more over their respective list prices. The average price per square foot also topped $1,300 for the second straight week, which is well above the running average for San Carlos. There are 40 homes still pending sale in San Carlos, and you will continue to see some impressive sales figures logged when these finally close escrow.

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 10/31/2021:
San Carlos SFR Data10/31/2021Prior Week
Number of Closed Sales:149
Average Sold Price:$2,301,321$3,135,778
Median Sold Price:$2,375,000$3,050,000
Average % Sold vs Orig List Price:114%108%
Average DOM of Closed Sales108
Average $/Sq Foot (Sold)$1,347$1,300
Listings put into Contract:76
Total Homes Pending Sale:4046
New Listings:28
Total Active Listings:1016
Average Price of Active Listings:$3,327,200$2,963,625
Average DOM of Active Listings:4023
Average $/Sq Foot (List)$1,286$1,194

2803 Eaton 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)
2803 Eaton Avenue$2,810,000$2,400,000+$410,000 (+17.4%)$1,5198
1354 Saint Francis Way$2,725,000$2,149,000+$576,000 (+26.8.4%)$1,6325
1950 Eaton Avenue$2,600,500$2,419,500+$181,000 (+7.5%)$1,39110
63 Pine Avenue$2,525,000$1,925,000+$600,000 (+31.2%)$1,4606
1559 Walnut Street$2,525,000$2,248,000+$277,000 (+12.3%)$9325
182 Hillcrest Road$2,400,000$1,998,000+$402,000 (+20.1%)$1,3830
158 Hillcrest Road$2,400,000$1,958,000+$442,000 (+22.6%)$1,4919
953 Sunset Drive$2,350,000$2,350,000$0 (0%)$1,02235
2273 Howard Avenue$2,322,000$1,888,000+$434,000 (+23.0%)$1,6836
1733 Walnut Street$2,260,000$2,198,000+$62,000 (+2.8%)$1,2097
2017 Brittan Avenue$2,100,000$1,775,000+$325,000 (+18.3%)$1,40014
97 Hilltop Drive$1,901,000$1,695,000+$206,000 (+12.2%)$1,28414
270 Arundel Road$1,800,000$1,575,000+$225,000 (+14.3%)$1,3952
1011 Riverton Drive$1,500,000$1,698,000-$198,000 (-11.7%)$1,05615

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)
528 Canyon Vista Way$5,500,0000
1051 Sunset Drive$2,080,0007
895 Heather Drive$1,925,0007
985 McCue Avenue$1,788,0005
1800 Howard Avenue$2,600,0007
1340 Central Avenue$2,200,0006
124 Beverly Drive$1,998,0009
1110 Royal Lane$1,988,0007
25 Maple Way

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
25 Maple Way$2,180,0003BR/2BA1,610/5,060$1,354Keller Williams
240 Oakview Drive$1,828,0003BR/2BA1,490/7,500$1,227Sereno

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.

Posted in:

Leave a Comment