The San Carlos Real Estate Week in Review: 11/8/21

The Recap. Buying activity dropped quite a bit last week in San Carlos, as one might expect as we head into the final two months of the year. Only 3 homes were put into contract, while there were 9 new listings to hit the market. This disparity helped drive the inventory of homes for sale…

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The San Carlos Real Estate Week in Review: 10/11/21

The Recap. The first full week of October saw buying activity outpace selling activity in San Carlos. Nine homes were put into contract while only six new listings hit the market. This pushed the inventory of homes for sale down to 16 in all of San Carlos, which is the lowest level that we’ve seen…

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The San Carlos Real Estate Week in Review: 9/27/21

The Recap. Welcome to Fall 2021! The last full week of September was a busy one in the San Carlos real estate market. 12 new listings entered the fray, and 11 existing listings were put into contract. This bumped the inventory of single-family homes for sale up to 21 as head into the first week…

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The San Carlos Real Estate Week in Review: 8/30/21

The Recap. Activity simmered somewhat last week in San Carlos, with only 3 homes being put into contract and 6 homes to replace them in the inventory (including an impressive $5M home on Clifford Avenue). That’s not to imply that buyers are not out in force — the open houses seemed to be very well…

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The San Carlos Real Estate Week in Review: 8/23/21

The Recap. In recent weeks, I have made mention of the stunning premiums that are being paid for homes in San Carlos. Just a few weeks ago, there were a handful of homes that fetched $500K or more over their respective asking prices. But this week takes the cake so far in 2021. There were…

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The San Carlos Real Estate Week in Review: 8/16/21

The Recap. The inventory of homes for sale in San Carlos dropped quite dramatically last week. The week started off with 20 homes for sale, and finished with only 13, so it’s obvious that buyers still outnumber sellers in this market. But rest assured that more inventory is on the way, since many of the…

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The San Carlos Real Estate Week in Review: 8/9/21

The Recap. The San Carlos residential real estate market continued to flex its almost indefatigable strength last week as the numbers will attest to below. The 7 homes that closed escrow fetched an average of 18% above the list price, with over half of them enjoying premiums of $400,000 or more. The average price per…

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The San Carlos Real Estate Week in Review: 8/2/21

The Recap. This past week I was interviewed by the San Mateo Daily Journal to talk about home prices and the housing demand on the Peninsula. I know I’ve posted these numbers already on the blog, but the average price of a single-family home in San Carlos has jumped by 15% over last year, and…

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The San Carlos Real Estate Week in Review: 7/12/21

The Recap. There was surprising surge of new listings last week in the San Carlos real estate market, especially considering that Monday was a national holiday. There were 14 new single-family listings to hit the market, which is a significant number for any week but even more pronounced in the middle of summer. That doubled…

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