The San Carlos Real Estate Week in Review: 1/10/22
January 10, 2022
The Recap.
The new year is finally upon us, and probably not soon enough for many people! As you might imagine, real estate activity is a bit slow at the very beginning of every year and this year is no different. Currently, there are only 2 homes for sale in the entire city of San Carlos, but that number will grow as we emerge out of the holiday season. Only one home was put into contract and at least one new listing is primed to hit the market this week. The big discussion now in the industry is where interest rates might be heading, and how that will impact our local market (if at all.)
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 1/9/2021:| San Carlos SFR Data | 1/9/22 | Prior Week |
| Number of Closed Sales: | 5 | 3 |
| Average Sold Price: | $2,536,000 | $2,777,000 |
| Median Sold Price: | $2,450,000 | $2,230,000 |
| Average % Sold vs Orig List Price: | 112% | 119% |
| Average DOM of Closed Sales | 10 | 5 |
| Average $/Sq Foot (Sold) | $1,354 | $1,577 |
| Listings put into Contract: | 1 | 0 |
| Total Homes Pending Sale: | 10 | 12 |
| New Listings: | 1 | 3 |
| Total Active Listings: | 2 | 7 |
| Average Price of Active Listings: | $3,899,000 | $3,570,714 |
| Average DOM of Active Listings: | 0 | 61 |
| Average $/Sq Foot (List) | $1,378 | $1,400 |
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) |
| 170 Rockridge Road | $3,350,000 | $2,798,000 | +$552,000 (+19.7%) | $1,189 | 11 |
| 1927 Arroyo Avenue | $3,310,000 | $2,899,000 | +$411,000 (+14.2%) | $1,579 | 7 |
| 2934 Eaton Avenue | $2,450,000 | $2,198,000 | +$252,000 (+11.5%) | $1,339 | 5 |
| 146 Hillcrest Road | $1,895,000 | $1,698,000 | +$197,000 (+11.6%) | $1,516 | 8 |
| 212 Windsor Drive | $1,675,000 | $1,650,000 | +$25,000 (+1.5%) | $1,146 | 17 |
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) |
| 373 Chestnut Street | $2,995,000 | 0 |
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 |
| 2100 White Oak Way | $3,298,000 | 4BR/3.5BA | 2,530/7,800 | $1,304 | Intero |
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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