The San Carlos Real Estate Week in Review: 6/13/22
June 13, 2022
The Recap:
Activity in the San Carlos real estate market was somewhat light last week, as one might expect with all of the graduations and associated gatherings, as well as people heading off for vacation. There were only 4 new listings to jump into the market, and only three buyers grabbed homes during the same period. The net result is that the inventory of homes for sale in San Carlos bumped up to 21, with the average days on market (DOM) for those also creeping up slightly to 20 days – that's milestone we haven't seen in quite a while.
This is a great time of year for buyers to double down their efforts to get that elusive home. The competition is less fierce in many cases, and homes are generally sitting a little bit longer before getting put into contract.
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 6/12/2022:| San Carlos SFR Data | 6/12/22 | Previous Week |
| Number of Closed Sales: | 5 | 4 |
| Average Sold Price: | $2,900,000 | $3,368,750 |
| Median Sold Price: | $2,725,000 | $3,357,500 |
| Average % Sold vs Orig List Price: | 104% | 113% |
| Average DOM of Closed Sales | 5 | 13 |
| Average $/Sq Foot (Sold) | $1,568 | $1,826 |
| Listings put into Contract: | 3 | 2 |
| Total Homes Pending Sale: | 17 | 18 |
| New Listings: | 4 | 6 |
| Total Active Listings: | 21 | 20 |
| Average Price of Active Listings: | $2,764,659 | $2,924,498 |
| Average DOM of Active Listings: | 20 | 16 |
| Average $/Sq Foot (List) | $1,251 | $1,257 |
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) |
| 331 Ridge Road | $4,880,000 | $4,880,000 | $0 (0%) | $1,329 | 0 |
| 41 Walton Street | $3,100,000 | $2,798,000 | +$302,000 (+10.8%) | $1,856 | 9 |
| 2848 Tramanto Drive | $2,725,000 | $2,649,000 | +$76,000 (+2.9%) | $1,423 | 8 |
| 1354 Oakhurst Avenue | $1,700,000 | $1,588,000 | +$112,000 (+7.1%) | $1,753 | 10 |
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) |
| 747 Knoll Drive | $4,798,000 | 6 |
| 1675 Brittan Avenue | $1,200,000 | 8 |
| 2120 Frances Lane | $3,450,000 | 25 |
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 |
| 2200 Carmelita Drive | $2,558,000 | 2BR/2.5BA | 1,850/12,537 | $1,383 | Compass |
| 157 Exeter Avenue | $2,495,000 | 3BR/3BA | 3,545/8,600 | $704 | Kenny Realty |
| 860 Cedar Street | $2,468,000 | 3BR/2BA | 1,510/5,500 | $1,634 | Kenny Realty |
| 925 Montgomery Street | $1,999,888 | 3BR/2.5BA | 1,851/5,000 | $1,080 | Compass |
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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