The San Carlos Real Estate Week in Review: 4/25/22

April 25, 2022


The Recap:

Sellers in San Carlos finally made some noise last week bringing 8 new homes onto the market. Sellers snapped up 6 of the available homes last week, which means the inventory of homes for sale in San Carlos only increased by a few homes to 12 total. We're in the home stretch of the Spring market, so you can expect to see some sort of surge in listings over the next 4-6 weeks as sellers race against the summer deadline to get their home on the market. As I have said many times before on this site, June and July are great months to buy a house in San Carlos, not necessarily for selling a house. It remains to be seen if the looming specter of a recession will change that traditional lull in the market.

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 4/24/2022:
San Carlos SFR Data4/24/22Previous Week
Number of Closed Sales:47
Average Sold Price:$3,988,750$3,555,714
Median Sold Price:$3,680,000$3,600,000
Average % Sold vs Orig List Price:113%124%
Average DOM of Closed Sales611
Average $/Sq Foot (Sold)$1,506$1,568
Listings put into Contract:66
Total Homes Pending Sale:2522
New Listings:86
Total Active Listings:1210
Average Price of Active Listings:$3,231,491$3,290,000
Average DOM of Active Listings:1110
Average $/Sq Foot (List)$1,332$1,425

538 Canyon Vista Way

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)
538 Canyon Vista Way$5,595,000$5,595,000$0 (0%)$1,37813
204 Baytree Road$4,060,000$3,488,000+$572,000 (+16.4%)$1,5500
349 Laurel Street$3,300,000$2,649,000+$651,000 (+24.6%)$1,7956
2001 Eaton Avenue$3,000,000$2,748,000+$252,000 (+9.2%)$1,2993

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)
940 Hall Street$1,750,00014
133 Plymouth Avenue$3,098,0005
1333 Cedar Street$2,180,0008
1381 Rosewood Avenue$2,249,0000
2415 Eaton Avenue$2,898,0007
893 Cordilleras Avenue$2,888,0007
8 Elston Court

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
229 Park Avenue$3,799,0004BR/2.5BA2,529/7,992$1,682Sereno
8 Elston Court$2,988,0004BR/3BA2,900/8,276$1,030Coldwell Banker
1985 Saint Francis Way$2,798,8884BR/3BA2,416/5,500$1,158Compass
156 Colton Avenue$2,798,0004BR/3BA2,581/6,050$1,084Sereno
143 Kelton Avenue$2,349,0003BR/2BA1,600/5,600$1,468Sereno
1381 Rosewood Avenue$2,249,0003BR/2BA1,500/4,800$1,499Sereno
1060 Crestview Drive$2,199,0003BR/2.5BA1,690/7,314$1,301Sereno
120 Edgehill Drive$2,050,0002BR/2BA1,210/4,644$1,694Vision

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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