TERI SHAUGHNESSY REALTOR®
662 Laurel Street | Suite A San Carlos, CA 94070
Dwell Realtors® DRE# 01789302
650.504.4016
San Carlos Hills REAL ESTATE MARKET REPORT | JULY 2022
Teri@TeriShaughnessyHomes.com www.TeriShaughnessyHomes.com www.LiveInSanCarlos.com
Published by REAL Marketing (RM) | www.REALMarketing4You.com | 858.952.4280 | © 2022
Get Current Listings, Market Activity, Home Assessments, and more instantly at:
www.LiveInSanCarlos.com
HOW WILL
RISING RATES AFFECT YOUR SALE?
Mortgage rates are rising and have already increased over two percent so far this year, resulting in buyers questioning whether to rush into a purchase now to avoid rates climbing more or waiting in hopes they will fall. With these sudden changes, it’s natural to reflect on how this will impact your own sale.
WHAT ARE
E X P E RTS
SAYING?
INTEREST RATES ARE STILL HISTORICALLY LOW
WHAT HAPPENS IF RATES CLIMB FURTHER?
While buyers contemplate their options, it’s
Buyers who are springing into action now
important to think about historical context.
are also motivated as they know rates
Rates are still comparatively low when you
have risen steadily this year, and they’re
look at the bigger picture of where rates
eager to get ahead of further increases.
have been in the last 30 years. Today’s rates
When rates climb, they impact mortgage
still give buyers a window of opportunity to
payments, likely costing more to purchase
lock in historical rates.
if buyers wait.
As inflationary pressure remains, it’s likely to push mortgage rates even higher in the coming months, though moderately. Experts recommend that if buyers are financially secure, they should continue looking for a home now.
Leonardo and Angelica, Take advantage of the still historic interest rates; NOW is the time to sell and find your next dream home! When rates go up, your buying power decreases, and you will end up paying MORE for your next home. Call me at 650.504.4016, and let me help you achieve your real estate goals!
PRESENTED BY TERI SHAUGHNESSY YOUR SAN CARLOS HILLS REAL ESTATE SPECIALIST
Prepared Especially for
Leonardo and Angelica Washington
TERI SHAUGHNESSY
San Carlos Hills
REALTOR®
Real Estate Market Report
Dwell Realtors®
DRE# 01789302
Leonardo and Angelica, If you are thinking of selling, call me today at 650.504.4016, or visit my website for your free home value assessment! www.LiveInSanCarlos.com
650.504.4016
Teri@TeriShaughnessyHomes.com www.TeriShaughnessyHomes.com www.LiveInSanCarlos.com
San Carlos Hills Homes Currently Active
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There are currently no homes available in San Carlos Hills.
SOLD $105,000 OVER ASKING PRICE IN 8 DAYS! 1753 JOHNSTON AVENUE 3 Beds | 2.5 Baths 1,568 Est. Sq. Ft. Sold for $2,095,000
SOLD BY TERI!
San Carlos Hills Homes Currently Pending Bedrooms
Total Bathrooms
Estimated Square Feet*
List Price
Thornhill Drive
5
4
2,500
$2,895,000
Pending
Cypress Court
4
3
2,700
$2,995,000
Pending
Frances Lane
4
5
3,400
$3,450,000
Status
Street Name
Pending
San Carlos Hills Homes Sold in the Past 6 Months Leonardo and Angelica, Selling your home should be a rewarding experience. Allow me to invest my ambition and expertise toward the successful sale of your house while also providing an exceptional service experience. Reach out to start the conversation.
WHAT IS YOUR HOME WORTH IN TODAY'S MARKET? Find out your home's value today at:
LIVEINSANCARLOS.COM
Total Bedrooms Bathrooms
Estimated Square Feet*
List Price
Sold Price
Sold Date
2
1,700
$2,298,000
$2,270,000
06/17/22
3
3
2,100
$2,588,000
$2,850,000
06/10/22
331 Ridge Road
5
5
3,600
$4,800,000
$4,800,000
06/07/22
Sold
1381 Alameda De Las Pulgas
3
2
1,500
$2,175,000
$2,175,000
06/06/22
Sold
348 Hill Way
4
5
3,600
$4,700,000
$4,700,000
05/17/22
Sold
14 Estrada Place
5
5
4,400
$3,698,000
$3,600,000
05/12/22
Sold
2916 Franciscan Court
3
2
1,600
$2,395,000
$2,525,000
04/29/22
Sold
2721 Clifford Avenue
5
6
5,000
$4,895,000
$5,300,000
04/15/22
Sold
237 Timothy Drive
4
3
2,500
$2,950,000
$3,050,000
04/14/22
Sold
10 Burnham Court
4
3
2,000
$2,399,000
$2,950,000
03/10/22
Sold
1204 Edgewood Road
3
3
2,300
$2,198,000
$2,700,000
03/09/22
Sold
379 De Anza Avenue
4
2
1,700
$2,549,000
$2,590,000
03/02/22
Sold
2529 Howard Avenue
2
1
1,000
$1,499,950
$1,855,000
02/03/22
Sold
2934 Eaton Avenue
3
2
1,800
$2,198,000
$2,450,000
01/04/22
Status
Address
Sold
21 Robin Way
3
Sold
2656 Eaton Avenue
Sold
Teri Shaughnessy and Sereno are not in any way affiliated with San Carlos Hills Owners Association, nor is this in any way an official advertisement or publication of San Carlos Hills. © 2022 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the PRO MLS between December 20th, 2021 and June 21st, 2022. Listings and sales may not be those of Sereno. The PRO MLS does not guarantee the accuracy of this data, which may not reflect all the real estate activity in the area. E&OE covered. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship.*Estimated square feet rounded to the nearest hundred.