San Mateo-Foster City Real Estate News

San Mateo-Foster City Homes and Condos

Market Update: San Carlos, CA 94070

The final community I'll report on this round is San Carlos.  It's one of my favorite towns on the Peninsula with a vibrant downtown made up of locally own shops and restaurants.  The community was built up in the low lands before and after WWII.  The homes in the hills went up in the 1960's and later.  There are great views from the hills and the weather is almost perfect because the fog generally stays up in the hills west of 280. San Carlos sits west of 101 and east of 280.  Belmont is it's northern neighbor and Redwood City is it's southern.

San_Carlos.JPGThe highest priced home for sale in San Carlos last week was $2,975,000 and the least was $599,516.  The average days on the market was 60 and there were 58 homes for sale.  The most homes sold last week were around $1,099,000 and there were 6 that sold.

Lots are larger in San Carlos than in other communities we serve.  The homes are generally bigger, too.  The  median sized home for sale last week had almost 2000 sq. feet and it sat on a lot likely around 7000 sq. feet or larger. 

San Carlos sits closer to Silicon Valley and the commute south is pretty easy.  The high priced homes sit high up in the hills with panoramic views of the bay.  These are generally newer homes built within the past 10 years.

The schools are excellent in San Carlos.  It has it's own elementary school district and high schoolers in the northern part of the city attend Carlmont High School in Belmont and in the Southern portion attend Sequoia High School in Redwood City.   San Carlos has many condominiums in the hills and around the downtown area.  Townhouses sit up at the top of the hills off of Cresview Drive.  Many have great views, too.  Altos Research provides our data and I am happy to give you regular reports.  Just call us. 

Related Posts
Hillsborough Market Update
Millbrae Market Update
Burlingame Market Update
Belmont Ca, 94002 - Market Update says it's a Seller's Market
Real Estate Is a Funny Business in Burlingame


http://www.wilkasgroup.com/000DED
Posted on September 05, 2007 11:12:22 by Lenore Wilkas

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