The San Carlos Real Estate Week in Review: 7/3/23

July 3, 2023

The Recap:

Happy Fourth of July weekend! Not only is it a great weekend to relax and take in some great weather, but it's the perfect opportunity to announce the launch of the brand new White Oaks Blog! We've been at work for a number of months updating the look and feel of the site, as well as dramatically improving the performance. Look for a lot of different content on the site moving forward, especially video. Let me know in the comments below how you like the new site.

It's hard to believe, but the first half of 2023 is in the books. I'll be posting a mid-year update later this week but it's evident that the market in 2023 is seriously trailing 2022 for reasons that we've discussed in great detail on the site.

Have a safe and happy 4th of July, and I hope you enjoy the new site!

Here are the 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 7/2/2023:
San Carlos SFR Data7/2/23Previous Week
Number of Closed Sales:123
Average Sold Price:$2,326,250$2,862,500
Median Sold Price:$2,140,000$2,975,000
Average % Sold vs Orig List Price:101%100%
Average DOM of Closed Sales1514
Average $/Sq Foot (Sold)$1,315$1,165
Listings put into Contract:46
Total Homes Pending Sale:1725
New Listings:16
Total Active Listings:1822
Average Price of Active Listings:$3,020,204$3,059,071
Average DOM of Active Listings:4536
Average $/Sq Foot (List)$1,220$1,210

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. ListOver/Under List$/sq footDOM (days)
870 Sunset Drive$3,825,000$3,995,000-$170,000 (-4.3%)$1,52262
2612 Graceland Avenue$3,800,000$3,750,000+$50,000 (+1.3%)$9568
1514 Edmond Drive$2,900,000$2,850,000+$50,000 (+1.8%)$1,0586
411 Hill Way$2,515,000$2,395,000+$120,000 (+5.0%)$1,4138
1365 Cedar Street$2,500,000$2,500,000$0 (0%)$1,2956
2004 San Carlos Avenue$2,425,000$2,348,000+$77,000 (+3.3%)$1,1397
2804 Susie Lane$1,855,000$1,899,888-$44,888 (-2.4%)$1,09831
1309 Walnut Street$1,800,000$1,695,000+$105,000 (+6.2%)$1,1846
991 Inverness Drive$1,725,000$1,795,000-$70,000 (-3.9%)$1,41615
2088 Brittan Avenue$1,645,000$1,645,000$0 (0%)$1,6130*
1711 Brittan Avenue$1,550,000$1,599,000-$49,000 (-3.1%)$1,68526
1040 Sylvan Drive$1,375,000$1,225,000+$150,000 (+12.2%)$1,6777

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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  1. Philip Trudeau on July 3, 2023 at 3:08 pm

    Website looks great! Wonderful to have the “expanded” Tables integrated with the text again, and the extra information. Sharp!

  2. Chuck Gillooley on July 4, 2023 at 11:07 am

    Thank you Philip! I appreciate the positive feedback, and I hope you continue to enjoy the site.

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