The San Carlos Real Estate Week in Review: 2/21/22
February 21, 2022
The Recap:
Low inventory continues to plague buyers looking to make San Carlos their new home. No matter how many listings hit the market in a given week, they are absorbed almost immediately, and that is what is keeping the inventory of new homes in San Carlos in the single digits again this week. We are starting off the week with only 7 homes for sale in the entire city, and several of those are not fully on the market yet, so the net number is even lower.
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 2/20/2021:| San Carlos SFR Data | 2/20/22 | Previous Week |
| Number of Closed Sales: | 2 | 2 |
| Average Sold Price: | $2,222,000 | $3,430,000 |
| Median Sold Price: | $2,222,000 | $3,430,000 |
| Average % Sold vs Orig List Price: | 116% | 109% |
| Average DOM of Closed Sales | 7 | 4 |
| Average $/Sq Foot (Sold) | $1,731 | $1,506 |
| Listings put into Contract: | 7 | 9 |
| Total Homes Pending Sale: | 24 | 21 |
| New Listings: | 6 | 3 |
| Total Active Listings: | 7 | 8 |
| Average Price of Active Listings: | $3,781,714 | $2,870,750 |
| Average DOM of Active Listings: | 3 | 5 |
| Average $/Sq Foot (List) | $1,292 | $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) |
| 367 Oakview Drive | $2,469,000 | $2,048,000 | +$421,000 (+20.1%) | $1,487 | 6 |
| 2081 Greenwood Avenue | $1,975,000 | $1,788,000 | +$421,000 (+20.1%) | $1,975 | 7 |
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) |
| 61 Kenton Avenue | $1,748,000 | 1 |
| 1039 Hall Street | $1,850,000 | 5 |
| 935 Alameda | $1,998,000 | 9 |
| 278 Vine Street | $2,138,000 | 7 |
| 528 Canyon Vista Way | $5,550,000 | 0 |
| 1971 Belle Avenue | $1,898,000 | 8 |
| 1700 White Oak Way | $2,500,000 | 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 |
| 470 Erlin Drive | $4,198,000 | 5BR/4BA | 3,200/15,313 | $1,312 | Compass |
| 875 Heather Drive | $3,500,000 | 4BR/2BA | 1,740/10,883 | $2,011 | Intero |
| 248 Bayview Drive | $3,185,000 | 4BR/3.5BA | 3,700/16,000 | $861 | Sereno |
| 111 Brook Street | $2,650,000 | 3BR/2.5BA | 2,510/14,000 | $1,056 | Compass |
| 77 Hillcrest Road | $2,395,000 | 4BR/3BA | 2,180/14,315 | $1,099 | Compass |
| 61 Kenton Avenue | $1,748,000 | 3BR/2BA | 1,620/5,000 | $1,079 | Deleon |
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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