The San Carlos Real Estate Week in Review: 08/04/25
August 4, 2025
The Recap:
And just like that, July is in the books and summer vacations are wrapping up – welcome to August!
Through the first seven months of 2025, the total sales revenue (single-family homes, condos, and townhouses) in San Carlos is up a modest 8% from the same period last year. While this is indeed good news, it's important to note that 2024 was one of the slowest years in recent history in the San Carlos real estate market, so this market is still running on the lean side.
As far as single-family homes are concerned, the first seven months of this year experienced a 3% increase in the number of units sold from the same period last year, and a whopping 28% increase in new listings. Regarding the latter stat, it's worth noting that there was also a record high number of homes that were originally listed on the market, pulled off for a period when they didn't sell, and then relisted again during the same period. Those “re-listings” get double-counted in this particular stat, so in reality, it's not as dramatic as it appears on the surface.
The three-month period starting right now (Aug-Oct) will definitely set the tone for how this year will conclude. We traditionally see an abbreviated resurgence in the market before it shuts down for the holiday season, but nothing is traditional in this market right now.
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 08/03/2025:| San Carlos SFR Data | 08/03/25 | Previous Week |
|---|---|---|
| Number of Closed Sales: | 1 | 4 |
| Average Sold Price: | $2,680,000 | $2,270,000 |
| Median Sold Price: | $2,680,000 | $2,160,000 |
| Average % Sold vs Orig List Price: | 107% | 111% |
| Average Days Listed of Closed Sales | 15 | 9 |
| Average $/Sq Foot (Sold) | $1,112 | $1,570 |
| Listings Put Under Contract: | 4 | 2 |
| Total Homes Under Contract: | 18 | 14 |
| New Listings: | 2 | 5 |
| Total Active Listings: | 20 | 22 |
| Average Price of Active Listings: | $2,828,500 | $2,820,727 |
| Median Price of Active Listings: | $2,547,000 | $2,547,000 |
| Average Days of Active Listings: | 34 | 29 |
| Average $/Sq Foot (List) | $1,215 | $1,252 |
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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 |
|---|---|---|---|---|---|
| 214 Timothy Drive | $2,680,000 | $2,498,000 | +$182,000 (+7.3%) | $1,112 | 15 |
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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 |
|---|---|---|
| 2534 Howard Avenue | $1,748,000 | 16 |
| 45 Shelford Avenue | $2,240,000 | 34 |
| 1621 Brittan Avenue | $1,950,000 | 13 |
| 885 Elm Street | $1,995,000 | 9 |
*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 |
|---|---|---|---|---|---|
| 472 Emerald Avenue | $2,498,000 | 3BR/2BA | 1,690/5,961 | $1,478 | Christies |
| 2920 Brittan Avenue | $2,395,000 | 3BR/2BA | 1,730/10,788 | $1,384 | Sothebys |
- 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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