The San Carlos Real Estate Week in Review: 12/13/21
December 13, 2021
The Recap.
It is certainly starting to feel more like winter these past two weeks. The welcome return of rain, and the absolute absence of new listings is about par for the course for mid-December. Only 4 homes remain on the market as we head into the final weeks of the year, and you can probably expect that number to remain about the same until we hit the new year.
If you're still trying to get into the San Carlos market, this is a great time to revisit your finances and make sure that you're ready to hit the ground running right after New Years. More and more sellers are putting their homes on the market as early in the new year as possible to take advantage of the lack of inventory, so it will pay to ready to jump back in as soon as the calendar clicks over to 2022.
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 12/12/2021:| San Carlos SFR Data | 12/12/2021 | Prior Week |
| Number of Closed Sales: | 9 | 8 |
| Average Sold Price: | $2,808,113 | $2,563,265 |
| Median Sold Price: | $2,651,000 | $2,665,500 |
| Average % Sold vs Orig List Price: | 111% | 119% |
| Average DOM of Closed Sales | 6 | 5 |
| Average $/Sq Foot (Sold) | $1,348 | $1,426 |
| Listings put into Contract: | 2 | 1 |
| Total Homes Pending Sale: | 18 | 25 |
| New Listings: | 1 | 2 |
| Total Active Listings: | 4 | 4 |
| Average Price of Active Listings: | $4,082,385 | $3,650,500 |
| Average DOM of Active Listings: | 69 | 49 |
| Average $/Sq Foot (List) | $1,286 | $1,258 |
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) |
| 2225 Eaton Avenue | $4,400,000 | $3,895,000 | +$505,000 (+13.0%) | $1,164 | 3 |
| 174 Lemoore Drive | $3,400,000 | $3,298,000 | +$102,000 (+3.1%) | $1,063 | 6 |
| 230 Pearl Avenue | $3,308,888 | $3,088,000 | +$220,888 (+7.2%) | $1,398 | 6 |
| 3365 Melendy Drive | $2,688,125 | $2,500,000 | +$188,125 (+7.5%) | $1,233 | 3 |
| 263 Loma Road | $2,651,000 | $2,200,000 | +$451,000 (+20.5%) | $1,506 | 6 |
| 25 Maple Way | $2,355,000 | $2,180,000 | +$175,000 (+8.0%) | $1,463 | 11 |
| 517 Vista Avenue | $2,325,000 | $2,400,000 | -$75,000 (-3.1%) | $1,237 | 15 |
| 23 Willow Glen Way | $2,100,000 | $1,748,000 | +$352,000 (+20.1%) | $1,522 | 2 |
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) |
| 146 Hillcrest Road | $1,698,000 | 8 |
| 1927 Arroyo Avenue | $2,899,000 | 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 |
| 1965 Greenwood Avenue | $1,824,500 | 3BR/2BA | 1,490/4,720 | $1,224 | Sereno |
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: