Market Snapshot of San Carlos
This Mid-Peninsula town has weathered the recent storms pretty well. San Carlos hasn’t had the large number of foreclosures and short sales that Redwood City has faced, and prices seem to be more stable than its northern neighbor, Belmont. March saw 38 sales in San Carlos, lower than last year but double what sold in February.
There are 85 current listings in San Carlos, with 60 of those being single-family homes. Fifty-one are priced under $1 million, with 34 over the $1mil mark. You have a good variety size-wise: With the exception of one-bedroom homes, of which there are only 2, the listings are split fairly evenly: 26 two-bedroom, 35 three-bedroom, and 22 with four or more bedrooms.
There were 13 new San Carlos listings on Redfin in the last 7 days, ranging from $569,000 to $1,849,000. Below you will find the 6 that can be bought for under $1,000,000. (Note: There was one additional new listing under $1mil: a 3/3 off Old County Road listed for $799,000. The agent chose to leave the address off the listings, so we have not included it as we were unable to pinpoint the exact location.)
633 Elm Street #47, 1/1, 774 sf, $569,000
This is a top-floor end unit in a five-year-old complex across from City Hall and the San Carlos Library. Well-maintained, with a balcony and two parking spaces, it is located within walking distance to downtown and has easy access to El Camino and Highway 101. HOA: $320
317 Brittan #1, 3/2, 1239 sf, $597,856 (photo right)
Located in a large, older complex just off Crestview, this is a ground-level unit that has been updated. Carport, pools, tennis courts, and easy access to Highway 280. HOA: $393. Last Sale: $449,000 in 2002. Note: I lived in this complex back in the 1980s and loved it. Well insulated, great neighbors, mostly adults.
400 Portofino #4, 3/2, 1570 sf, $689,000
This is an older complex high up in San Carlos that I love. In fact, one of the first properties I ever wrote about for Sweet Digs back in February of ’07 was in this complex. Walls of windows, great patio, decent floor plan. Carport, pool, tennis. HOA: 416. Last Sale: $429,000 in 2003.
2 Sorrel Lane, 3/2.5 1709 sf, $839,000
Two-story end-unit townhome off Crestview. Easy access to Highway 280, two-car garage, pool, tennis. HOA: $440 Last Sale: $445,000 in 1999.
119 Brook Street, 3/1.5, 1290 sf, $929,000 (photo right)
Single-family home on a cul-de-sac off Brittan (near Alameda). Covered patio, deck, large yard for entertaining. Last Sale: $400,000 in 1999. Open Saturday/Sunday 1:30-4:30 pm
1161 Woodland Avenue, 3/1, 1330 sf, $949,000 (photo below)
White Oaks charmer located off Brittan near Burton Park. Updated kitchen and bath, mature landscaping, new deck off dining room. Last Sale: $423,000 in 1998.
