The San Carlos Real Estate Week in Review: 10/6/25
October 6, 2025
The Recap:
Welcome to October! Three quarters of 2025 are already in the books, and it seems like we are racing toward the end of the year. In case you missed it, I just published a recap of how our local real estate market is performing through the first nine months of the year. Suffice it to say, we're in better shape in 2025 than we have been over the last two years.
That's not to say that the market is on fire — there are still 22 homes for sale with an average waiting period of 48 days to get into contract, and the number of new listings and pending sales is still lagging behind traditional levels. But the fact that we seem to be emerging from the slump that has plagued the market for the past two years is welcome news.
October also marks the last full month before Daylight Saving Time ends, and we start to see the activity trail off as we head toward the holiday season. I expect that we'll see healthy activity between now and the end of the month as buyers try to lock up a place before the holidays. Last week was a perfect example of that, with ten listings being put under contract.
Here's what happened last week in your local 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 10/5/2025:| San Carlos SFR Data | 10/5/25 | Previous Week |
|---|---|---|
| Number of Closed Sales: | 3 | 3 |
| Average Sold Price: | $3,270,000 | $2,972,667 |
| Median Sold Price: | $3,650,000 | $2,540,000 |
| Average % Sold vs Orig List Price: | 112% | 107% |
| Average Days Listed of Closed Sales | 7 | 8 |
| Average $/Sq Foot (Sold) | $1,550 | $1,356 |
| Listings Put Under Contract: | 10 | 4 |
| Total Homes Under Contract: | 19 | 13 |
| New Listings: | 5 | 5 |
| Total Active Listings: | 22 | 27 |
| Average Price of Active Listings: | $2,898,955 | $2,867,519 |
| Median Price of Active Listings: | $2,470,000 | $2,445,000 |
| Average Days of Active Listings: | 48 | 35 |
| Average $/Sq Foot (List) | $1,217 | $1,224 |
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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 |
|---|---|---|---|---|---|
| 2235 Carmelita Drive | $3,850,000 | $3,598,000 | +$252,000 (+7.0%) | $1,611 | 11 |
| 2130 Belmont Avenue | $3,650,000 | $3,499,000 | +$151,000 (+4.3%) | $1,675 | 0* |
| 236 Windsor Drive | $2,310,000 | $1,850,000 | +$460,000 (+24.9%) | $1,363 | 9 |
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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 |
|---|---|---|
| 352 Oakview Drive | $3,099,000 | 11 |
| 5 Spring Valley Way | $2,699,000 | 0 |
| 1463 Greenwood Avenue | $2,198,000 | 11 |
| 158 Manor Drive | $2,250,000 | 12 |
| 81 Devonshire Circle | $2,999,000 | 18 |
| 70 Ensenada Road | $3,900,000 | 14 |
| 1325 Cordilleras Avenue | $2,195,000 | 6 |
| 2662 Thornhill Drive | $2,098,000 | 8 |
| 89 Hilltop Drive | $1,898,000 | 10 |
| 3161 La Mesa Drive | $2,900,000 | 3 |
*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 |
|---|---|---|---|---|---|
| 3161 La Mesa Drive | $2,900,000 | 3BR/2BA | 1,960/8,504 | $1,648 | Bloom Group |
| 28 Kirkwood Way | $2,798,000 | 4BR/3BA | 3,045/13,852 | $919 | Guide |
| 5 Spring Valley Way | $2,699,000 | 3BR/2BA | 1,890/7,667 | $1,428 | Christies |
| 1471 Cordilleras Avenue | $2,198,000 | 3BR/3BA | 2,100/5,500 | $1,047 | Christies |
| 241 Shelford Avenue | $1,995,000 | 3BR/2BA | 1,780/5,029 | $1,121 | 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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