TERI SHAUGHNESSY REALTOR®
662 Laurel Street | Suite A San Carlos, CA 94070
Dwell Realtors® DRE# 01789302
650.504.4016
Teri@TeriShaughnessyHomes.com www.TeriShaughnessyHomes.com www.LiveInSanCarlos.com
San Carlos Hills REAL ESTATE MARKET REPORT | SEPTEMBER 2022
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
FINALLY
A NORMAL MARKET SELL YOUR HOME AND FIND YOUR NEXT ONE, NO PROBLEM! The biggest issue in the last two years was that homes would hit the market and sell in hours with multiple offers. Potential sellers couldn’t find a home due to the combination of low inventory and bidding wars.
PRESENTED BY TERI SHAUGHNESSY YOUR SAN CARLOS HILLS REAL ESTATE SPECIALIST
Homeowners were apprehensive about listing because they couldn’t find their next home. As interest rates have increased, the market has slowed. However, it’s still stronger than the 2019 market. An increase in inventory not only eases the crunch; it also reinvigorates buyers.
Leonardo and Angelica, This is the perfect time to sell and find your next dream home without the complications we’ve seen during the last two years! If you’ve thought about selling, call me today at 650.504.4016.
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
Connect with me on:
How Much Equity Have You Gained?
Call me today at 650.504.4016, and let’s discuss how much equity you have in your home and how you can use it to achieve your real estate goals! Data based on listings from PRO MLS from January 1st to August 19th, 2019 to 2022. Information deemed accurate but not guaranteed.
2 019
2 020
2 021
2022
$3,045,833
Leonardo and Angelica,
YEAR-TO-DATE OVER THE LAST 4 YEARS
$2,756,200
use your equity to help fuel your move!
A VERA G E S ELLI N G P RICE
$2,175,579
moving into your next dream home, you can
How has this shift in home values affected our San Carlos Hills community?
$2,192,400
If you’ve thought about making a change and
Homeowners have gained a considerable amount of equity in the last four years. Home price appreciation, sky-rocketing demand, and record-low interest rates all contributed to an incredibly strong and aggressive market, which is only just starting to show signs of cooling.
The Average Home Value in San Carlos Hills has
INCREASED 40.0% since 2019!
Bedrooms
Bathrooms
Estimated Square Feet*
List Price
Victoria Manor
3
2
1,600
$2,448,800
Eaton Avenue
3
2
2,000
$2,485,000
Active
Alameda De Las Pulgas
4
3
1,700
$2,600,000
Active
Timothy Drive
3
3
2,100
$2,795,000
Bedrooms
Total Bathrooms
Estimated Square Feet*
List Price
Status
Street Name
Active Active
San Carlos Hills Homes Currently Pending Status
Street Name
Pending
Howard Avenue
3
2
1,700
$2,495,000
Pending
Val Mar Place
4
3
2,900
$2,879,900
Pending
Belle Roche Avenue
5
5
4,000
$3,785,000
San Carlos Hills Homes Sold in the Past 6 Months Total Bedrooms Bathrooms
Estimated Square Feet*
List Price
Sold Price
Sold Date
1
1,000
$1,589,000
$1,750,000
08/17/22
4
3
2,700
$2,995,000
$3,000,000
07/15/22
4
5
3,400
$3,450,000
$3,360,000
07/07/22
2622 Thornhill Drive
5
4
2,500
$2,895,000
$2,900,000
06/24/22
21 Robin Way
3
2
1,700
$2,298,000
$2,270,000
06/17/22
Sold
2656 Eaton Avenue
3
3
2,100
$2,588,000
$2,850,000
06/10/22
Sold
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
Status
Address
Sold
2540 Howard Avenue
2
Sold
9 Cypress Court
Sold
212 Frances Lane
Sold 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 February 17th and August 19th, 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.