Teri Shaughnessy_San Carlos Hills_March 2021

Teri Shaughnessy REALTOR®

Dwell Realtors

1940 Ralston Avenue Belmont, CA 94002 ®

DRE# 01789302

650.504.4016

San Carlos Hills

Real Estate Market Report | March 2021

Teri@TeriShaughnessyHomes.com www.TeriShaughnessyHomes.com www.LiveInSanCarlos.com

Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.952.4280 | © 2021

Get Current Listings, Market Activity, Home Assessments, and more instantly at:

www.LiveInSanCarlos.com

SOLD IN 7 DAYS FOR 103.4% OF ASKING PRICE! SUCCESSFULLY LISTED BY TERI

153 Fairbanks San Carlos Sold for $1,850,000

Presented by Teri Shaughnessy Your San Carlos Hills Real Estate Specialist

3 Beds | 2 Baths 1,500 Est. Sq. Ft. 4,394 Sq. Ft. Lot

Johnathan and Angela-Marie, I just sold your neighbor’s home in a week for 3.4% over asking price! This property generated a high level of interest, and I know a number of buyers who might be interested in your home. If you have any interest in selling your home, I would love to meet with you and talk to you about what your home may sell for.

Prepared Especially for

Johnathan and Angela-Marie Williams

San Carlos Hills

Teri Shaughnessy REALTOR ®

Dwell Realtors®

Real Estate Market Report

DRE# 01789302

Johnathan and Angela-Marie, 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:

Status

Street Name

Active

Eaton Avenue

Bedrooms

Bathrooms

Estimated Square Feet*

List Price

4

3

2,500

$2,599,000

Bedrooms

Bathrooms

Estimated Square Feet*

List Price

San Carlos Hills Homes Currently Pending

2021 Real Estate Predictions HOW VACCINES, CURRENT ADMINISTRATION, AND MORE COULD SHAPE HOUSING TRENDS

Mortgage Rates Will Stay Low...ish

Home Prices Will Keep Rising

Most experts expect mortgage rates to stay low for quite a while – through 2021 and beyond.

The start of the year should see some steep increases, and growth will slow once vaccines reach the general public.

Status

Street Name

Pending

Hill Way

4

3

2,500

$2,795,000

Pending

Frances Lane

4

3

3,300

$3,588,000

San Carlos Hills Homes Sold in the Past 6 Months Bedrooms

Bathrooms

Estimated Square Feet*

List Price

Sold Price

Sold Date

411 Ridge Road

3

2

2,000

$1,750,000

$1,690,000

02/03/21

Status

Address

Sold

Competition Will Calm Unless a Housing Tax Credit is Passed

The Suburbs Will Continue Their Hot Streak

Sold

1400 Alameda De Las Pulgas

2

2

1,200

$1,375,000

$1,415,000

12/30/20

Sold

358 Hill Way

3

2

1,300

$1,495,000

$1,723,000

12/21/20

The number of for-sale listings should increase through most of 2021. If the Tax Credit passes, it could ramp up competition.

The flexibility people now enjoy through working remotely is contributing to migration patterns, as well as the desire for more space.

Sold

116 Scenic Drive

3

3

2,100

$2,300,000

$2,358,000

12/04/20

Sold

244 Timothy Drive

3

2

2,300

$2,099,000

$2,069,000

12/02/20

Sold

1223 Alameda

2

1

900

$1,098,000

$1,086,000

11/24/20

Sold

2724 Eaton Avenue

5

5

3,500

$3,895,000

$3,895,000

11/10/20

Sold

105 De Anza Avenue

4

3

2,300

$2,325,000

$2,290,000

10/17/20

Sold

2604 Eaton Avenue

3

2

1,600

$1,798,000

$1,915,000

10/07/20

Sold

2936 Sherwood Drive

3

2

2,000

$1,795,000

$1,745,000

10/01/20

Sold

80 Amber Court

3

3

1,900

$1,900,000

$2,110,000

09/16/20

Sold

30 La Barthe Lane

4

3

2,500

$2,650,000

$2,850,000

09/08/20

Sold

2740 Bromley Drive

4

3

2,200

$2,625,000

$2,600,000

08/21/20

Homes Will Get Bigger With More Health-Related Amenities

Foreclosures Will Jump, but Not as Much as You Might Expect

People want more space. Consumers want larger and more efficient housing. Interest around saving money will grow.

Historically low rates, strong demand, and surge in urban and suburban migration ensure homeowners can more easily sell.

Johnathan and Angela-Marie, 2021 is on track to be another record-setting year. With still historically low interest rates, an increase in homebuilding, strong demand, and low inventory, now is the time to sell!

Call me today at 650.504.4016 for a free consultation.

Published by Aly J. Yale on December 28th, 2020 on money.com

Teri Shaughnessy and Dwell Realtors 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. © 2021 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the PRO MLS between August 19th, 2020 and February 19th, 2021. Listings and sales may not be those of Dwell Realtors. 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.