The San Carlos Real Estate Week in Review: 9/15/25
September 15, 2025
The Recap:
As I predicted in last week's update, there was a noticeable uptick in new single-family home listings in San Carlos. Seven new single-family listings hit the market last week, which pushed the inventory of homes for sale up to 23. Two of those homes for sale are listed at over $7M, which is something that you don't see every day in San Carlos.
Home mortgage interest rates remain favorable, and are now sitting at the lowest levels that we've seen in nearly a year. This has created a new crop of fall buyers who weren't in the market back in the spring when rates were higher and the stock market was far more volatile. Their presence was very noticeable over the past few open house weekends.
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 9/14/2025:| San Carlos SFR Data | 9/14/25 | Previous Week |
|---|---|---|
| Number of Closed Sales: | 7 | 6 |
| Average Sold Price: | $2,858,571 | $2,812,500 |
| Median Sold Price: | $2,600,000 | $2,665,000 |
| Average % Sold vs Orig List Price: | 101% | 99% |
| Average Days Listed of Closed Sales | 21 | 28 |
| Average $/Sq Foot (Sold) | $1,422 | $1,312 |
| Listings Put Under Contract: | 4 | 1 |
| Total Homes Under Contract: | 14 | 17 |
| New Listings: | 8 | 7 |
| Total Active Listings: | 23 | 19 |
| Average Price of Active Listings: | $2,918,778 | $2,744,093 |
| Median Price of Active Listings: | $2,495,000 | $2,485,000 |
| Average Days of Active Listings: | 35 | 37 |
| Average $/Sq Foot (List) | $1,296 | $1,265 |
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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 |
|---|---|---|---|---|---|
| 939 Walnut Street | $4,115,000 | $4,265,000 | -$150,000 (-3.5%) | $1,395 | 8 |
| 711 Best Court | $3,615,000 | $3,648,000 | -$33,000 (-0.9%) | $830 | 96 |
| 324 Clifton Avenue | $3,495,000 | $3,495,000 | $0 (0%) | $1,266 | 19 |
| 472 Emerald Avenue | $2,600,000 | $2,498,000 | +$102,000 (+4.1%) | $1,538 | 6 |
| 2000 Arroyo Avenue | $2,535,000 | $2,535,000 | $0 (0%) | $1,408 | 0* |
| 1968 Arroyo Avenue | $1,930,000 | $1,799,000 | +$131,000 (+7.3%) | $1,787 | 7 |
| 1300 Howard Avenue | $1,720,000 | $1,695,000 | +$25,000 (+7.3%) | $1,670 | 8 |
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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 |
|---|---|---|
| 2235 Carmelita Drive | $3,598,000 | 11 |
| 236 Windsor Drive | $1,850,000 | 9 |
| 227 Winding Way | $2,299,888 | 30 |
| 2900 Brittan Avenue | $2,295,000 | 21 |
*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 |
|---|---|---|---|---|---|
| 1 Lewis Ranch Road | $7,188,000 | 6BR/6.5BA | 5,640/37,228 | $1,274 | Compass |
| 772 Knoll Drive | $3,498,000 | 4BR/3.5BA | 2,160/11,268 | $1,619 | Compass |
| 81 Devonshire Circle | $2,999,000 | 5BR/4BA | 2,980/8,723 | $1,006 | Christies |
| 1033 Hewitt Drive | $2,800,000 | 3BR/2BA | 1,950/10,956 | $1,436 | Corcoran |
| 1426 Chestnut Street | $2,498,000 | 3BR/2BA | 1,662/4,400 | $1,503 | Christies |
| 1623 Cordilleras Avenue | $2,198,000 | 4BR/2.5BA | 1,913/5,964 | $1,149 | Coldwell Banker |
| 186 Wildwood Avenue | $2,198,000 | 2BR/2BA | 1,500/6,048 | $1,465 | Compass |
| 46 Arch Lane | $1,898,000 | 3BR/2.5BA | 1,350/9,064 | $1,406 | Christies |
- 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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