The San Carlos Real Estate Week in Review: 4/4/22
April 4, 2022
The Recap:
If this were somehow possible, the real estate market in San Carlos just seems to get hotter every week. Some of the sales prices that you'll see closing in the coming weeks will attest to how competitive this market is, and how the current economic environment is pushing the pace of sales — sellers are concerned about delaying their sales until the fall in case the economy starts to cool, and buyers are rushing to get into homes before interest rates rise too high. That combination right now is making this an extremely fast paced and competitive spring market.
Going into this week, there are 14 homes currently for sale in San Carlos. I have two new listings coming up — both are in the hugely popular flats of San Carlos, so stay tuned for more details!
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 4/3/2022:| San Carlos SFR Data | 4/3/22 | Previous Week |
| Number of Closed Sales: | 7 | 3 |
| Average Sold Price: | $3,067,454 | $3,391,667 |
| Median Sold Price: | $3,115,000 | $3,250,000 |
| Average % Sold vs Orig List Price: | 114% | 103% |
| Average DOM of Closed Sales | 11 | 15 |
| Average $/Sq Foot (Sold) | $1,570 | $1,289 |
| Listings put into Contract: | 6 | 3 |
| Total Homes Pending Sale: | 22 | 22 |
| New Listings: | 7 | 8 |
| Total Active Listings: | 14 | 11 |
| Average Price of Active Listings: | $3,214,203 | $3,670,718 |
| Average DOM of Active Listings: | 8 | 8 |
| Average $/Sq Foot (List) | $1,289 | $1,376 |
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) |
| 920 Heather Drive | $4,975,000 | $4,170,000 | +$800,000 (+19.2%) | $1,678 | 9 |
| 1712 Howard Avenue | $3,500,000 | $3,500,000 | $0 (0%) | $1,336 | 0 |
| 310 Park Avenue | $3,445,000 | $2,795,000 | +$650,000 (+23.3%) | $1,515 | 12 |
| 111 Brook Street | $3,115,000 | $2,650,000 | +$465,000 (+7.9%) | $1,241 | 10 |
| 1617 Belmont Avenue | $2,403,287 | $2,198,000 | +$205,287 (+9.3%) | $1,780 | 4 |
| 2116 Dayton Avenue | $2,105,000 | $1,950,000 | +$155,000 (+7.9%) | $1,711 | 0 |
| 250 Park Avenue | $1,918,888 | $1,600,000 | +$318,888 (+19.9%) | $1,729 | 42 |
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) |
| 11 Dickens Court | $2,895,000 | 6 |
| 1564 Morse Boulevard | $3,850,000 | 7 |
| 1183 Walnut Street | $1,499,950 | 9 |
| 2125 Carmelita Drive | $3,895,000 | 28 |
| 100 Wellington Drive | $3,298,000 | 3 |
| 227 Baytree Road | $3,500,000 | 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 |
| 17 Cranfield Avenue | $3,998,000 | 5BR/4BA | 3,390/6,516 | $1,179 | Coldwell Banker |
| 70 Hartford Avenue | $3,488,888 | 4BR/2.5BA | 3,632/7,200 | $961 | Sothebys |
| 291 Hyde Park Avenue | $3,450,000 | 4BR/3.5BA | 3,420/8,045 | $1,009 | Compass |
| 100 Wellington Drive | $3,298,000 | 5BR/4BA | 2,664/5,000 | $1,238 | Sereno |
| 1067 Hewitt Drive | $2,788,000 | 3BR/2.5BA | 2,200/7,380 | $1,267 | Max Diez |
| 175 Ruby Avenue | $2,400,000 | 3BR/2BA | 1,580/5,650 | $1,519 | Sereno |
| 378 Devonshire Boulevard | $2,088,000 | 3BR/2BA | 1,930/9,350 | $1,082 | 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.
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