Photo above: Highest-priced home sold in San Carlos for January 2024: located at 125 Garnet AVE and sold at $3,500,00. This newly constructed haven has 5 bedrooms, 3-car garage, 4 spa-like bathrooms, a massive luxury kitchen, and a great room that opens to a trex deck and outdoor kitchen, with a stunning view of the East Bay and the mountains.
End of January 2024
Homes for Sale
Active Homes
New Listings
Expired Listings
Ave. Days to Sell
Months of Inventory
Historical Data, Active Homes for Sale
Analysis of the Data
In January 2024, the real estate market in San Carlos, CA, showed robust activity with 29 new listings entering the market, indicating continued interest from sellers. Despite this influx, the number of active homes stood at 25, suggesting a quick absorption of available inventory.
The presence of only one expired listing indicates strong demand, likely attributed to the competitive nature of the market.
With an average of 33 days to sell a property, homes are moving relatively swiftly, reflecting the area’s desirability.
The low average days to sell, coupled with a low months of inventory figure of 1.9, underscores the tightness of the market and the prevalence of buyer competition, which may lead to increased pricing pressure in the near term.
Home Prices
About the Data
Ave. List Price
Ave. Sale Price
%
Sale to List Price Ratio
Ave. Price / Sq. Ft.
Historical Data, Average Sale Price
Analysis of the Data
In January 2024, the real estate market in San Carlos, CA, demonstrated strength and resilience, as evidenced by notable figures.
The average listing price of $1,799,414 suggests that sellers are positioning their properties competitively in response to market demand.
The average sale price of $2,395,115 exceeded the listing price, indicating robust buyer activity and potentially sparking bidding wars. This sentiment is further supported by the high sale-to-list price ratio of 98.4%, underscoring the willingness of buyers to meet or exceed asking prices to secure desirable properties.
Additionally, the average price per square foot of $1,128 highlights San Carlos’s status as a coveted residential destination.
Overall, these statistics paint a picture of a vibrant and thriving real estate market in San Carlos, characterized by strong buyer demand and healthy property appreciation.
