The San Carlos Real Estate Week in Review: 2/19/24
February 19, 2024
The Recap:
The Super Bowl is over, and just like in normal real estate years, the pace of new listings jumped appreciably last week. Eight new listings hit the market, which nearly doubled the inventory of homes for sale in San Carlos in just a few days. But when you consider that there are still only 15 homes for sale in San Carlos, that's not terribly difficult to do.
This is a holiday weekend followed by ski week for many of the local schools and many people are out of town, which may temporarily slow activity down ever so slightly, but rest assured that the market is very robust. The open houses that I hosted over the weekend at 113 Alberta Avenue were completely packed, even despite the rain and the holiday weekend.
Here's what happened last week:
At A Glance
This is a high-level view of the market performance for single-family residences (SFR's) in San Carlos. This data is for the 7-day period ending Sunday 2/18/2024:| San Carlos SFR Data | 2/18/24 | Previous Week |
|---|---|---|
| Number of Closed Sales: | 2 | 1 |
| Average Sold Price: | $2,075,000 | $2,200,000 |
| Median Sold Price: | $2,075,000 | $2,200,000 |
| Average % Sold vs Orig List Price: | 109% | 105% |
| Average Days Listed of Closed Sales | 8 | 10 |
| Average $/Sq Foot (Sold) | $1,244 | $1,549 |
| Listings put into Contract: | 3 | 4 |
| Total Homes Pending Sale: | 18 | 17 |
| New Listings: | 8 | 3 |
| Total Active Listings: | 15 | 9 |
| Average Price of Active Listings: | $2,638,320 | $3,159,222 |
| Average Days of Active Listings: | 24 | 58 |
| Average $/Sq Foot (List) | $1,219 | $1,183 |
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 home to see more details and photos:| Address | Sold Price | Orig. List | Over/Under List | $/sq foot | Days Listed |
|---|---|---|---|---|---|
| 1803 Eaton Avenue | $2,650,000 | $2,250000 | +$400,000 (+17.8%) | $1,1100 | 10 |
| 2238 Brittan Avenue | $1,500,000 | $1,488,000 | +$12,000 (+0.8%) | $1,389 | 5 |
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 | Days Listed |
|---|---|---|
| 100 Wellington Drive | $3,088,000 | 26 |
| 57 Madera Avenue | $1,748,000 | 6 |
| 2908 Franciscan Court | $2,375,000 | 6 |
San Carlos New Single-Family Home Listings
Below are the new listings that hit the MLS 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 |
|---|---|---|---|---|---|
| 123 Wingate Avenue | $3,998,000 | 3BR/4BA | 4,470/44,237 | $894 | Coldwell Banker |
| 113 Alberta Avenue | $2,188,000 | 3BR/2BA | 1,380/6,656 | $1,586 | Ektra |
| 146 Northam Avenue | $1,998,000 | 3BR/2BA | 1,700/4,950 | $1,175 | Agency |
| 188 Hillcrest Road | $1,898,000 | 3BR/2BA | 1,800/8,525 | $1,055 | Coldwell Banker |
| 135 Rockridge Road | $1,850,000 | 3BR/2BA | 1,450/5,243 | $1,276 | eXp |
| 1040 Walnut Street | $1,698,000 | 2BR/1BA | 1,330/6,000 | $1,276 | Safebay |
| 2085 Greenwood Avenue | $1,629,000 | 2BR/1BA | 1,030/4,880 | $1,582 | Coldwell Banker |
| 939 Walnut Street | $1,495,000 | 3BR/1.5BA | 1,380/6,000 | $1,083 | Corcoran |
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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