The San Carlos Real Estate Week in Review: 10/20/25
October 20, 2025
The Recap:
In case you might have missed it, last week I took an in-depth look into why fewer homes are being sold in San Carlos — not just during the most recent two-year slump, but all the way back over 20 years. There is an obvious downward trend, as the data clearly shows, and the reason behind this decline that I could deduce from the data was an even more dramatic drop in the number of new listings over that same time period. There's a lot of remarkable data in that report if you get a chance to read it.
That study is very relevant to what happened in the San Carlos real estate market because new listings dominated the scoreboard below. Eight new listings hit the market, but only two homes were put under contract. This pushed the inventory of homes for sale right back into the 20s again, contrary to what I predicted would happen as October progressed.
It is worth noting, however, that two of these eight listings are back for a second round on the market after not successfully selling on the first try. This exact scenario happened with more frequency this year than in another other year that I can remember, and it's indicative of how volatile the real estate market has been in 2025, and how bumpy the ride has been for buyers, sellers, and agents.
Here are the numbers from 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 10/19/2025:| San Carlos SFR Data | 10/19/25 | Previous Week |
|---|---|---|
| Number of Closed Sales: | 9 | 4 |
| Average Sold Price: | $2,682,444 | $2,735,000 |
| Median Sold Price: | $2,500,000 | $2,577,500 |
| Average % Sold vs Orig List Price: | 105% | 113% |
| Average Days Listed of Closed Sales | 11 | 12 |
| Average $/Sq Foot (Sold) | $1,416 | $1,364 |
| Listings Put Under Contract: | 2 | 8 |
| Total Homes Under Contract: | 19 | 24 |
| New Listings: | 8 | 5 |
| Total Active Listings: | 25 | 19 |
| Average Price of Active Listings: | $3,062,276 | $2,856,526 |
| Median Price of Active Listings: | $2,495,000 | $2,345,000 |
| Average Days of Active Listings: | 40 | 51 |
| Average $/Sq Foot (List) | $1,277 | $1,300 |
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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 |
|---|---|---|---|---|---|
| 325 Park Avenue | $4,586,500 | $4,298,000 | +$288,500 (+6.7%) | $1,566 | 3 |
| 1912 Saint Francis Way | $3,237,000 | $2,700,000 | +$537,000 (+19.9%) | $1,332 | 19 |
| 5 Spring Valley Way | $2,835,000 | $2,699,000 | +$136,000 (+5.0%) | $1,500 | 0 |
| 158 Manor Drive | $2,550,000 | $2,250,000 | +$300,000 (+13.3%) | $1,159 | 12 |
| 807 Cedar Street | $2,500,000 | $2,288,000 | +$212,000 (+9.3%) | $1,700 | 5 |
| 1426 Chestnut Street | $2,498,000 | $2,498,000 | $0 (0%) | $1,503 | 8 |
| 227 Winding Way | $2,250,000 | $2,299,888 | -$49,888 (-2.2%) | $1,136 | 30 |
| 66 Hilltop Drive | $1,885,500 | $1,898,000 | -$12,500 (-0.7%) | $1,496 | 13 |
| 166 Oakview Drive | $1,800,000 | $1,895,000 | -$95,000 (-5.0%) | $1,353 | 20 |
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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 |
|---|---|---|
| 400 Winding Way | $3,200,000 | 27 |
| 956 Tamarack Avenue | $2,599,000 | 6 |
*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 |
|---|---|---|---|---|---|
| 289 Kings Court | $5,788,000 | 4BR/3.5BA | 5,570/26,087 | $1,039 | Compass |
| 58 Hillcrest Road | $3,680,000 | 4BR/3.5BA | 3,680/9,241 | $1,000 | Green Banker |
| 7 Chestnut Street | $3,218,000 | 4BR/3.5BA | 2,870/12,801 | $1,121 | Coldwell Banker |
| 2936 Eaton Avenue | $3,218,000 | 3BR/2BA | 2,050/9,159 | $1,412 | Sothebys |
| 141 Hillcrest Road | $2,900,000 | 4BR/3.5BA | 2,626/7,694 | $1,104 | Sothebys |
| 101 Coventry Court | $2,895,000 | 4BR/3BA | 2,620/10,216 | $1,105 | Coldwell Banker |
| 2256 Howard Avenue | $2,422,888 | 3BR/2BA | 2,160/11,000 | $1,122 | Gateway |
| 1020 Inverness Drive | $1,175,000 | 2BR/1BA | 820/5,000 | $1,433 | 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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