The San Carlos Real Estate Week in Review: 06/16/25

The Recap:

Home sales activity remained fairly steady last week in the San Carlos residential real estate market, even though the summer vacation period is nearly in full swing. All the schools are out on break now, and many people are heading to destinations outside the Bay Area. Despite this, five new listings entered the market, and another handful were put under contract. Ironically, three of the five new listings are all on Howard Avenue. The net result was that the inventory of homes available remained unchanged at 22.

This number will likely drop slowly as we progress into summer. Some of the listings that haven't sold will likely be pulled off the market until the fall, and other potential sellers will wisely heed the real estate calendar and wait until August or September to list their homes when the buyers are all back in town.

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 06/15/2025:

San Carlos SFR Data	06/15/25	Previous Week
Number of Closed Sales:	3	2
Average Sold Price:	$3,328,333	$3,317,500
Median Sold Price:	$3,075,000	$3,317,500
Average % Sold vs Orig List Price:	104%	105%
Average Days Listed of Closed Sales	8	7
Average $/Sq Foot (Sold)	$1,495	$1,517
Listings Put Under Contract:	5	9
Total Homes Under Contract:	22	20
New Listings:	5	7
Total Active Listings:	22	22
Average Price of Active Listings:	$2,843,813	$2,964,311
Median Price of Active Listings:	$2,512,500	$2,750,000
Average Days of Active Listings:	26	29
Average $/Sq Foot (List)	$1,377	$1,319

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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
113 Wildwood Avenue	$4,400,000	$4,590,000	-$190,000 (-4.1%)	$1,379	5
66 Bayport Court	$3,075,000	$2,749,000	+$326,000 (+11.9%)	$1,575	7
7 Phillip Lane	$2,510,000	$2,398,000	+$112,000 (+4.7%)	$1,530	11

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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
1338 Arroyo Avenue	$3,798,000	13
400 Alameda	$3,048,000	89
165 Leslie Drive	$2,999,000	7
385 Phelps Road	$2,499,950	75
222 Hillcrest Road	$2,198,000	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
2352 Howard Avenue	$3,495,000	4BR/3BA	2,680/7,488	$1,304	Sothebys
219 Devonshire Boulevard	$2,998,000	4BR/3BA	1,984/6,000	$1,514	Represent
2012 Howard Avenue	$2,250,000	3BR/2BA	1,590/5,830	$1,415	Compass
1524 Howard Avenue	$1,849,000	2BR/1BA	1,030/5,224	$1,795	Gateway
1023 Springfield Drive	$1,300,000	2BR/1BA	820/5,000	$1,585	A. Meadows

• 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.