The San Carlos Real Estate Week in Review: 8/1/22
August 1, 2022
The Recap:
Welcome to the first week of August, 2022. After what was a very sluggish month of July, we're entering August with 38 single-family homes for sale. If you've followed the San Carlos real estate market at all for the past 10 year or so, you'll know that's a fatter number than we are used to. The good news is that it appears that activity is starting to pick up again now that vacations are drawing to a close and home buyers are back on task. Still, this is a the kind of environment that buyers have been craving for a long time, minus the high interest rates and the convulsing stock 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 7/31/2022:San Carlos SFR Data | 7/31/22 | Previous Week |
Number of Closed Sales: | 2 | 5 |
Average Sold Price: | $3,040,00 | $2,216,990 |
Median Sold Price: | $3,040,00 | $2,235,000 |
Average % Sold vs Orig List Price: | 103% | 105% |
Average DOM of Closed Sales | 10 | 15 |
Average $/Sq Foot (Sold) | $1,519 | $1,615 |
Listings put into Contract: | 5 | 1 |
Total Homes Pending Sale: | 10 | 7 |
New Listings: | 7 | 4 |
Total Active Listings: | 38 | 36 |
Average Price of Active Listings: | $2,704,323 | $2,714,837 |
Average DOM of Active Listings: | 27 | 23 |
Average $/Sq Foot (List) | $1,360 | $1,339 |
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) |
1917 Howard Avenue | $3,650,000 | $3,395,000 | +$255,000 (+7.5%) | $1,429 | 10 |
860 Cedar Street | $2,430,000 | $2,468,000 | -$38,000 (-1.5%) | $1,609 | 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) |
2200 Carmelita Drive | $2,698,000 | 18 |
228 Queens Court | $4,998,000 | 63 |
2403 Howard Avenue | $2,495,000 | 7 |
1015 Riverton Drive | $1,949,000 | 22 |
946 Montgomery Street | $1,688,000 | 8 |
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 |
3308 Melendy Drive | $3,300,000 | 3BR/2.5BA | 2,470/7,630 | $1,336 | Compass |
1252 Crestview Drive | $2,995,000 | 4BR/2.5BA | 2,270/7,800 | $1,319 | Coldwell Banker |
1030 Crestview Drive | $2,995,000 | 4BR/2BA | 2,450/7,571 | $1,222 | Oz Realty |
1374 Alameda | $2,750,000 | 4BR/3BA | 1,740/1,500 | $1,580 | Compass |
1561 Chestnut Street | $2,550,000 | 3BR/2BA | 1,540/5,650 | $1,656 | Coldwell Banker |
2653 San Carlos Avenue | $2,395,000 | 4BR/4BA | 2,350/7,000 | $1,019 | United Banker |
52 Exeter Avenue | $2,395,000 | 5BR/3BA | 2,320/9,000 | $1,032 | Keller Williams |
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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