The San Carlos Real Estate Week in Review: 01/13/25
January 13, 2025

The Recap:
After what seemed like an eternity with little or no inventory to offer, the San Carlos real estate market appears to be poised for a solid rebound in January. Just last week, six new listings hit the market, and it is evident from the inquiries that I'm getting from other homeowners that more homes are coming right behind these.
This is great news for both buyers and sellers, believe it or not. When inventory gets so constrained that there are only 1-2 homes in an entire city to choose from, buyers tend to retreat to the sidelines and nothing moves. If this current pace of new listings continues, we should see a brisk early-Spring market in San Carlos — especially since this is already happening before the mid-point of January.
Here's what happened last week:
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At A Glance
This is a high-level view of the market performance for single-family residences (SFR's) in San Carlos. This data is for the 7 days ending Sunday 01/12/2025:San Carlos SFR Data | 01/12/25 | Previous Week |
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Number of Closed Sales: | 6 | 3 |
Average Sold Price: | $3,541,667 | $2,637,708 |
Median Sold Price: | $3,412,500 | $2,569,125 |
Average % Sold vs Orig List Price: | 98% | 103% |
Average Days Listed of Closed Sales | 32 | 12 |
Average $/Sq Foot (Sold) | $1,233 | $1,280 |
Listings Put Under Contract: | 1 | 0 |
Total Homes Under Contract: | 4 | 9 |
New Listings: | 6 | 0 |
Total Active Listings: | 6 | 1 |
Average Price of Active Listings: | $2,598,315 | $2,898,888 |
Median Price of Active Listings: | $2,746,500 | $2,898,888 |
Average Days of Active Listings: | 11 | 21 |
Average $/Sq Foot (List) | $1,396 | $1,208 |
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San Carlos Single-Family Homes Sold
Below is a list of the single-family home contracts that closed escrow this past week in San Carlos. Click on the address of each home to see more details and photos:Address | Sold Price | Orig. List | Over/Under List | $/sq foot | Days Listed |
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1415 Oakhurst Avenue | $5,750,000 | $5,950,000 | -$203,000 (-3.4%) | $1,477 | 34 |
19 Anchor Lane | $3,500,000 | $3,898,000 | -$398,000 (-10.2%) | $919 | 83 |
25 Highland Avenue | $3,425,000 | $3,688,000 | -$263,000 (-7.1%) | $1,076 | 58 |
1934 Eaton Avenue | $3,400,000 | $3,500,000 | -$100,000 (-2.9%) | $1,273 | 7 |
17 Primrose Lane | $3,250,000 | $2,998,000 | +$252,000 (+8.4%) | $1,255 | 1* |
50 Pine Avenue | $1,925,000 | $1,850,000 | +$75,000 (+4.1%) | $1,395 | 7* |
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San Carlos Single-Family Homes Pending Sale
The following single-family homes were put into contract in San Carlos last week. Click on the address of each home to see more details and photos:Address | List Price | Days Listed |
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58 Northam Avenue | $3,350,000 | 2 |
*Designates that the home was either listed or sold off of the public-facing MLS.
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New San Carlos Single-Family Home Listings
Below are the new listings that hit the MLS this past week in San Carlos. Click on the address of each home to see more details and photos:Address | List Price | BR/BA | Sq Ft (home/lot) | $/Square Foot | Listed By |
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58 Northam Avenue | $3,350,000 | 4BR/4BA | 2,900/15,190 | $1,155 | Christies |
2 El Sereno Drive | $2,950,000 | 4BR/3.5BA | 2,510/11,043 | $1,175 | David J. Macdonald |
2072 Greenwood Avenue | $2,898,000 | 4BR/3BA | 1,828/4,360 | $1,585 | Christies |
1944 Eucalyptus Avenue | $2,595,000 | 3BR/2.5BA | 1,720/5,000 | $1,509 | Sothebys |
109 Rockridge Road | $2,398,000 | 3BR/2BA | 1,900/5,512 | $1,262 | Compass |
1551 Arroyo Avenue | $1,850,00 | 2BR/1BA | 1,130/5,600 | $1,637 | Christies |
- Disclaimer: The “San Carlos Week in Review” series is a summary of new listings and home sales in San Carlos for the prior week. The data provided in this report is strictly for informational purposes only, and should not imply that the author was involved in either side of the transaction unless explicitly stated otherwise. The source of this data is the Multiple Listing Service (MLS), so the author is in no way responsible for the accuracy of the data from this source.
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