The San Carlos Real Estate Week in Review: 06/23/25
June 23, 2025
The Recap:
The San Carlos residential real estate market is enjoying a late Spring season. Historically, when we hit the 3rd week of June, the pace of listings and sales drops off dramatically as the summer vacation season gets into full swing. However, last week, seven brand-new listings entered the market in San Carlos, and seven homes were put under contract, leaving a total of 22 homes available.
In just the first three weeks of June, there have been 30 new SFR listings in San Carlos. Last year, for the entire month of June, there were only 13. There are several likely reasons for the unusually active June market.
First, the market definitely hit “pause” in April due to the threat of tariffs and the volatility of the stock market. It was very noticeable to anyone whose home was on the market during that time. Those who chose to wait it out are now trying to get their homes sold before the midpoint of the year.
Second, some sellers believe the economy and geopolitical landscape will only worsen in the fall, prompting them to forgo the ebb and flow of the real estate calendar and opt to sell now rather than wait for the fall season. And finally, some need to sell regardless of what the calendar says (relocation, financial difficulties, etc.)
Whatever the cause, the additional activity is encouraging to see.
Here's what happened last week in the San Carlos real estate market:
_________________________________________________________________________
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 06/22/2025:| San Carlos SFR Data | 06/22/25 | Previous Week |
|---|---|---|
| Number of Closed Sales: | 5 | 3 |
| Average Sold Price: | $2,820,400 | $3,328,333 |
| Median Sold Price: | $2,775,000 | $3,075,000 |
| Average % Sold vs Orig List Price: | 101% | 104% |
| Average Days Listed of Closed Sales | 20 | 8 |
| Average $/Sq Foot (Sold) | $1,340 | $1,495 |
| Listings Put Under Contract: | 7 | 5 |
| Total Homes Under Contract: | 24 | 22 |
| New Listings: | 7 | 5 |
| Total Active Listings: | 22 | 22 |
| Average Price of Active Listings: | $2,745,535 | $2,843,813 |
| Median Price of Active Listings: | $2,399,000 | $2,512,500 |
| Average Days of Active Listings: | 29 | 26 |
| Average $/Sq Foot (List) | $1,302 | $1,377 |
_________________________________________________________________________
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 |
|---|---|---|---|---|---|
| 30 Valley Road | $3,100,000 | $2,998,000 | +$102,000 (+3.4%) | $1,399 | 6 |
| 150 Crestview Drive | $2,900,000 | $2,798,000 | +$102,000 (+3.6%) | $1,312 | 8 |
| 24 Chilton Avenue | $2,775,000 | $2,345,000 | +$430,000 (+18.3%) | $1,672 | 6 |
| 131 Los Vientos Way | $2,772,500 | $3,498,000 | -$725,500 (-20.7%) | $864 | 75 |
| 1217 Greenbrier Road | $2,554,500 | $2,498,000 | +$56,500 (+2.3%) | $1,451 | 7 |
_________________________________________________________________________
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 |
|---|---|---|
| 1024 Inverness Drive | $1,599,000 | 7 |
| 849 Elm Street | $3,399,999 | 12 |
| 2012 Howard Avenue | $2,250,000 | 6 |
| 2352 Howard Avenue | $3,495,000 | 6 |
| 219 Devonshire Boulevard | $2,998,000 | 7 |
| 1524 Howard Avenue | $1,849,000 | 7 |
| 971 Lupin Way | $2,100,000 | 16 |
*Designates that the home was either listed or sold off of the public-facing MLS.
_________________________________________________________________________
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 |
|---|---|---|---|---|---|
| 24 Sunnydale Avenue | $2,530,000 | 3BR/2BA | 1,900/5,500 | $1,332 | Coldwell Banker |
| 214 Timothy Drive | $2,498,000 | 3BR/2.5BA | 2,410/7,597 | $1,037 | Sothebys |
| 141 Beverly Drive | $2,398,000 | 3BR/2BA | 1,540/5,120 | $1,557 | Christies |
| 372 Elm Street | $2,390,000 | 3BR/2BA | 1,700/9,220 | $1,406 | Bay Area Property Management |
| 1949 Brittan Avenue | $2,095,000 | 3BR/2BA | 1,500/4,600 | $1,397 | Christies |
| 124 Beverly Drive | $1,999,888 | 4BR/2BA | 1,890/5,918 | $1,058 | Compass |
| 1620 Chestnut Street | $1,750,000 | 2BR/1BA | 1,420/4,400 | $1,264 | Coldwell Banker |
- 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.
Posted in: