The San Carlos Real Estate Week in Review: 05/19/25
May 19, 2025
The Recap:
I hope that everyone was able to attend the annual Hometown Days Festival this past weekend. The drone light show on Saturday night was remarkable!
In your local real estate market last week, new listings hit the market at a significantly faster rate than they were being absorbed, which increased the overall inventory for the second straight week. As of this morning, there are now 28 single-family home for sale in San Carlos.
From a historical perspective, that's a healthy number for this time of year and it's good for both buyers and sellers. Having more home to choose from tends to get more buyers seriously shopping again, but they need to start actually buying again to keep the spring market momentum moving forward, or else the local inventory will be in the 30's after next weekend.
Here's what happened last week in the San Carlos real estate market:
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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 05/18/2025:| San Carlos SFR Data | 05/18/25 | Previous Week |
|---|---|---|
| Number of Closed Sales: | 6 | 7 |
| Average Sold Price: | $2,777,000 | $2,748,413 |
| Median Sold Price: | $3,175,000 | $2,750,000 |
| Average % Sold vs Orig List Price: | 108% | 110% |
| Average Days Listed of Closed Sales | 11 | 9 |
| Average $/Sq Foot (Sold) | $1,432 | $1,554 |
| Listings Put Under Contract: | 3 | 4 |
| Total Homes Under Contract: | 15 | 16 |
| New Listings: | 7 | 5 |
| Total Active Listings: | 28 | 25 |
| Average Price of Active Listings: | $3,164,854 | $3,020,038 |
| Median Price of Active Listings: | $2,927,500 | $2,748,000 |
| Average Days of Active Listings: | 25 | 27 |
| Average $/Sq Foot (List) | $1,226 | $1,192 |
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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 |
|---|---|---|---|---|---|
| 909 Elm Street | $3,435,000 | $3,435,000 | $0 (0%) | $1,762 | 0* |
| 1956 Eucalyptus Avenue | $3,275,000 | $2,848,000 | +$427,000 (+15.0%) | $1,717 | 3 |
| 9 Burnham Court | $3,175,000 | $3,298,000 | -$123,000 (-3.7%) | $1,065 | 22 |
| 878 Heather Drive | $2,700,000 | $2,498,000 | +$202,000 (+7.5%) | $1,607 | 10 |
| 15 Winding Way | $1,300,000 | $1,098,000 | +$202,000 (+18.4%) | $1,008 | 18 |
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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 |
|---|---|---|
| 46 Hilltop Drive | $1,775,000 | 12 |
| 154 Fairbanks Avenue | $999,999 | 14 |
| 1217 Greenbrier Road | $2,498,000 | 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 |
|---|---|---|---|---|---|
| 939 Walnut Street | $4,265,000 | 4BR/4.5BA | 2,949/6,000 | $1,446 | Intero |
| 100 Dundee Lane | $3,998,000 | 4BR/3BA | 2,640/7,996 | $1,514 | Ektra |
| 237 Aberdeen Drive | $3,650,000 | 4BR/3BA | 2,400/7,298 | $1,521 | Sothebys |
| 30 Valley Road | $2,998,000 | 4BR/2BA | 2,216/6,261 | $1,353 | Coldwell Banker |
| 150 Crestview Drive | $2,798,000 | 4BR/2.5BA | 2,210/8,000 | $1,266 | Veritas |
| 2910 Sherwood Drive | $2,620,000 | 3BR/3BA | 2,400/8,603 | $1,094 | Christies |
| 308 Cedar Street | $2,195,000 | 4BR/2BA | 1,960/5,244 | $1,120 | 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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