The San Carlos Real Estate Week in Review: 2/14/22
February 14, 2022
The Recap.
Happy Valentine's Day, everyone! Buying activity definitely outpaced listing activity last week in the San Carlos real estate market. 9 homes were put into contract, with only 2 new listings to replace them. The end result is that our inventory of single-family homes is once again in single digits (8). Belmont, a similar sized city, is even worse off than San Carlos with only 5 homes for sale.
Now that the Super Bowl has concluded, we all expect to see a healthy uptick in the rate of new listings — let's see if that expectation turns into reality. The market desperately needs a boost in inventory, since this has been one of the most sparse starts to a new year than we've had in a long time.
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 2/13/2021:| San Carlos SFR Data | 2/13/22 | Previous Week |
| Number of Closed Sales: | 2 | 2 |
| Average Sold Price: | $3,430,000 | $1,877,500 |
| Median Sold Price: | $3,430,000 | $1,877,500 |
| Average % Sold vs Orig List Price: | 109% | 112% |
| Average DOM of Closed Sales | 4 | 6 |
| Average $/Sq Foot (Sold) | $1,506 | $,614 |
| Listings put into Contract: | 9 | 3 |
| Total Homes Pending Sale: | 21 | 14 |
| New Listings: | 3 | 7 |
| Total Active Listings: | 8 | 11 |
| Average Price of Active Listings: | $2,870,750 | $2,543,748 |
| Average DOM of Active Listings: | 5 | 6 |
| Average $/Sq Foot (List) | $1,270 | $1,270 |
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) |
| 2100 White Oak Way | $3,850,000 | $3,298,000 | +$552,000 (+16.7%) | $1,522 | 8 |
| 373 Chestnut Street | $3,010,000 | $2,995,000 | +$15,000 (+0.5%) | $1,490 | 0 |
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) |
| 1817 Brittan Avenue | $2,198,000 | 10 |
| 932 Lupin Way | $1,999,888 | 11 |
| 2443 San Carlos Avenue | $1,525,000 | 0 |
| 1700 White Oak Way | $2,500,000 | 0 |
| 268 Crestview Drive | $5,150,000 | 0 |
| 890 Cabot Court | $3,495,000 | 6 |
| 240 Beverly Drive | $2,240,000 | 7 |
| 475 Shelford Avenue | $2,498,888 | 7 |
| 2081 Greenwood Avenue | $1,788,0000 | 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 |
| 278 Vine Street | $2,138,000 | 3BR/2BA | 1,510/5,000 | $1,416 | Gateway |
| 1971 Belle Avenue | $1,898,000 | 2BR/2BA | 1,209/4,998 | $1,570 | Sereno |
| 1039 Hall Street | $1,850,000 | 3BR/2BA | 1,420/4,980 | $1,303 | Signature Realty |
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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