The San Carlos Real Estate Week in Review: 1/24/22

January 24, 2022

The Recap.

The inventory of homes for sale in San Carlos remains at frustratingly low levels as we enter the last week of January. There are currently only 5 homes for sale in all of San Carlos, despite the fact that 4 new listings hit the market last week. If 129 Brook Street is any indication of the level of buyer frustration, it was put into contract with multiple offers only 4 days after listing. But like we say every year at this time — be patient, there are more homes coming!

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 1/23/2021:
San Carlos SFR Data1/23/22Prior Week
Number of Closed Sales:21
Average Sold Price:$1,927,500$4,600,000
Median Sold Price:$1,927,500$4,600,000
Average % Sold vs Orig List Price:113%84%
Average DOM of Closed Sales5149
Average $/Sq Foot (Sold)$1,350$1,139
Listings put into Contract:51
Total Homes Pending Sale:118
New Listings:44
Total Active Listings:56
Average Price of Active Listings:$2,477,368$2,772,306
Average DOM of Active Listings:64
Average $/Sq Foot (List)$1,293$1,231

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)
1965 Greenwood Avenue$1,930,000$1,824,500+$105,500 (+5.8%)$1,2959
1000 Sylvan Drive$1,925,000$1,600,000+$325,000 (+20.3%)$1,4050

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)
1637 Greenwood Avenue$2,995,0000
2100 White Oak Way$3,298,0008
1260 Howard Avenue$1,698,0006
980 Alameda$2,848,0007
129 Brook Street$1,750,0002

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
2115 White Oak Way$3,500,0004BR/3.5BA2,860/5,252$1,224Crypton
379 De Anza Avenue$2,549,0004BR/2BA1,745/5,360$1,461Sothebys
367 Oakview Drive$2,549,0004BR/2BA1,745/5,360$1,461Sothebys
129 Brook Street$1,750,0003BR/2BA1,670/5,824$1,048Marshall

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