The San Carlos Real Estate Week in Review: 02/17/25
February 17, 2025
The Recap:
The activity in the San Carlos real estate market dropped a bit last week, perhaps because of the fact that we're in the biggest holiday weekend of the winter aside from Christmas. There were only two new single-family home listings last week, and an equivalent number of homes that were put under contract.
But the good news is that we are still slightly ahead of the pace of listings at this time in 2024, which is a good sign. Despite concerns about tariffs and inflation, the real estate market is still pushing forward. Only time will tell if this momentum will continue.
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 02/16/2025:| San Carlos SFR Data | 02/16/25 | Previous Week |
|---|---|---|
| Number of Closed Sales: | 3 | 4 |
| Average Sold Price: | $2,956,000 | $3,524,500 |
| Median Sold Price: | $2,900,000 | $3,550,000 |
| Average % Sold vs Orig List Price: | 107% | 108% |
| Average Days Listed of Closed Sales | 4 | 5 |
| Average $/Sq Foot (Sold) | $1,511 | $1,403 |
| Listings Put Under Contract: | 2 | 4 |
| Total Homes Under Contract: | 9 | 11 |
| New Listings: | 2 | 6 |
| Total Active Listings: | 15 | 14 |
| Average Price of Active Listings: | $3,395,869 | $3,285,217 |
| Median Price of Active Listings: | $2,995,000 | $2,847,475 |
| Average Days of Active Listings: | 19 | 13 |
| Average $/Sq Foot (List) | $1,405 | $1,375 |
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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 |
|---|---|---|---|---|---|
| 20 Cobblestone Lane | $3,580,000 | $3,495,000 | +$85,000 (+2.4%) | $1,316 | 7 |
| 273 Alberta Avenue | $2,900,000 | $2,649,000 | +$251,000 (+9.5%) | $1,593 | 0* |
| 8 Chilton Avenue | $2,388,000 | $2,200,000 | +$188,000 (+8.5%) | $1,624 | 6 |
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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 |
|---|---|---|
| 1340 Hull Drive | $2,499,000 | 12 |
| 1305 Morse Boulevard | $2,248,000 | 7 |
*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 |
|---|---|---|---|---|---|
| 920 Heather Drive920 Heather Drive | $5,198,000 | 5BR/4.5BA | 2,965/8,448 | $1,753 | Compass |
| 15 Cambridge Street | $1,995,000 | 3BR/2BA | 1,520/5,896 | $1,313 | Guide |
- 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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