The San Carlos Real Estate Week in Review: 11/15/21
November 15, 2021
The Recap.
Two big sales closed in San Carlos last week over $4,000,000 – which just highlights the breathtaking pace at which home prices are escalating in San Carlos. You can expect to see several more homes in the $4M-$5M range close before the end of the year as literally every sales record will be broken when we tally up 2021.
Buyers remained active fore a mid-November market, putting 10 homes into contract and keeping the inventory at a lean 11 homes for sale in the entire city. i don't expect that number to increase a whole bunch before the end of the year, so the pickings are going to be slim for another couple of months.
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 11/14/2021:| San Carlos SFR Data | 11/14/2021 | Prior Week |
| Number of Closed Sales: | 10 | 10 |
| Average Sold Price: | $3,021,688 | $2,550,000 |
| Median Sold Price: | $2,815,000 | $2,635,000 |
| Average % Sold vs Orig List Price: | 110% | 111% |
| Average DOM of Closed Sales | 9 | 8 |
| Average $/Sq Foot (Sold) | $1,317 | $1,328 |
| Listings put into Contract: | 10 | 3 |
| Total Homes Pending Sale: | 35 | 33 |
| New Listings: | 5 | 9 |
| Total Active Listings: | 11 | 14 |
| Average Price of Active Listings: | $3,245,000 | $3,144,286 |
| Average DOM of Active Listings: | 29 | 32 |
| Average $/Sq Foot (List) | $1,265 | $1,275 |
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) |
| 259 Kings Court | $5,375,000 | $5,375,000 | $0 (0%) | $986 | 0 |
| 2253 Howard Avenue | $4,100,000 | $4,100,000 | $0 (0%) | $1,228 | 0 |
| 70 Gateway Court | $3,400,000 | $3,799,000 | -$399,000 (-10.5%) | $1,060 | 31 |
| 379 Portofino Drive | $3,000,000 | $2,598,000 | +$402,000 (+15.5%) | $1,563 | 8 |
| 1016 Hewitt Drive | $3,000,000 | $2,395,000 | +$605,000 (+25.3%) | $1,442 | 6 |
| 1024 Hewitt Drive | $2,630,000 | $2,095,000 | +$535,000 (+25.5%) | $1,377 | 1 |
| 1024 San Remo Way | $2,425,000 | $1,950,000 | +$475,000 (+24.4%) | $1,371 | 6 |
| 1090 Drake Court | $2,305,000 | $1,998,000 | +$307,000 (+15.4%) | $1,098 | 13 |
| 53 Maple Way | $2,281,680 | $1,898,000 | +$383,680 (+20.2%) | $1,596 | 9 |
| 1041 Walnut Street | $1,700,000 | $1,825,000 | -$125,000 (-6.8%) | $1,453 | 19 |
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) |
| 23 Willow Glen Way | $1,748,000 | 2 |
| 263 Loma Road | $2,200,000 | 6 |
| 3365 Melendy Drive | $2,500,000 | 3 |
| 984 Cherry Street | $1,368,000 | 5 |
| 25 Maple Way | $2,180,000 | 11 |
| 24 Shratton Avenue | $4,750,000 | 149 |
| 174 Lemoore Drive | $3,298,000 | 6 |
| 230 Pearl Avenue | $3,088,000 | 6 |
| 1460 Oakhurst Avenue | $1,698,000 | 7 |
| 2110 Saint Francis Way | $3,799,000 | 10 |
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 |
| 2721 Clifford Avenue | $5,255,000 | 5BR/5.5BA | 5,002/12,632 | $1,051 | LG Realty |
| 2225 Eaton Avenue | $3,895,000 | 5BR/4BA | 3,780/9,920 | $1,030 | Compass |
| 2934 Eaton Avenue | $2,198,000 | 3BR/2BA | 1,830/11,000 | $1,201 | Compass |
| 56 Miramonte Court | $2,098,000 | 3BR/2.5BA | 1,680/6,300 | $1,249 | Coldwell Banker |
| 1052 Hall Street | $1,460,000 | 2BR/1BA | 910/5,000 | $1,604 | United |
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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