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 Data2/18/24Previous Week
Number of Closed Sales:21
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 Sales810
Average $/Sq Foot (Sold)$1,244$1,549
Listings put into Contract:34
Total Homes Pending Sale:1817
New Listings:83
Total Active Listings:159
Average Price of Active Listings:$2,638,320$3,159,222
Average Days of Active Listings:2458
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:
AddressSold PriceOrig. ListOver/Under List$/sq footDays Listed
1803 Eaton Avenue$2,650,000$2,250000+$400,000 (+17.8%)$1,110010
2238 Brittan Avenue$1,500,000$1,488,000+$12,000 (+0.8%)$1,3895

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 PriceDays Listed
100 Wellington Drive$3,088,00026
57 Madera Avenue$1,748,0006
2908 Franciscan Court$2,375,0006

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:
AddressList PriceBR/BASq Ft (home/lot) $/Square FootListed By
123 Wingate Avenue$3,998,0003BR/4BA4,470/44,237$894Coldwell Banker
113 Alberta Avenue$2,188,0003BR/2BA1,380/6,656$1,586Ektra
146 Northam Avenue$1,998,0003BR/2BA1,700/4,950$1,175Agency
188 Hillcrest Road$1,898,0003BR/2BA1,800/8,525$1,055Coldwell Banker
135 Rockridge Road$1,850,0003BR/2BA1,450/5,243$1,276eXp
1040 Walnut Street$1,698,0002BR/1BA1,330/6,000$1,276Safebay
2085 Greenwood Avenue$1,629,0002BR/1BA1,030/4,880$1,582Coldwell Banker
939 Walnut Street$1,495,0003BR/1.5BA1,380/6,000$1,083Corcoran
113 Alberta Avenue

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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