The San Carlos Real Estate Week in Review: 11/24/25
November 24, 2025
The Recap:
There are a lot of things to be grateful for as we head into this Thanksgiving holiday week. One of the things that San Carlos residents are thankful for is simply the privilege of living in such a great community. Last week, I posted an article highlighting the top five reasons why people choose San Carlos as their home, and included a poll so that you can register your top pick. If you haven't voted in the poll yet, please do so!
As we typically see this time of year, the inventory of single-family homes for sale in San Carlos is slowly dwindling. At the time of this post, there are only 13 single-family homes for sale in all of San Carlos, and 1/3 of those are listed at $5M or higher.
That inventory will likely continue to drop as some of the listings that have been languishing on the market will get pulled off the market for a breather over the holidays, and will then get relisted in the new year. If you are a serious buyer in this market, right now is one of those few times in the year when you might be able to get a good deal.
I hope everyone has a safe and memorable Thanksgiving holiday! 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 11/23/2025:| San Carlos SFR Data | 11/23/25 | Previous Week |
|---|---|---|
| Number of Closed Sales: | 8 | 5 |
| Average Sold Price: | $2,992,750 | $2,273,600 |
| Median Sold Price: | $3,262,500 | $2,100,000 |
| Average % Sold vs Orig List Price: | 103% | 100% |
| Average Days Listed of Closed Sales | 35 | 23 |
| Average $/Sq Foot (Sold) | $1,304 | $1,365 |
| Listings Put Under Contract: | 2 | 8 |
| Total Homes Under Contract: | 16 | 21 |
| New Listings: | 2 | 2 |
| Total Active Listings: | 13 | 16 |
| Average Price of Active Listings: | $3,864,607 | $3,697,056 |
| Median Price of Active Listings: | $3,798,000 | $3,615,000 |
| Average Days of Active Listings: | 50 | 51 |
| Average $/Sq Foot (List) | $1,223 | $1,247 |
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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 |
|---|---|---|---|---|---|
| 3470 La Mesa Drive | $4,017,000 | $3,595,000 | +$422,000 (+11.7%) | $1,357 | 12 |
| 90 Gateway Court | $3,500,000 | $3,788,000 | -$288,000 (-7.6%) | $1,108 | 104 |
| 21 Highland Avenue | $3,450,000 | $3,588,000 | -$138,000 (-3.8%) | $1,110 | 122 |
| 101 Coventry Court | $3,325,000 | $2,895,000 | +$430,000 (+14.9%) | $1,269 | 6 |
| 7 Chestnut Street | $3,200,000 | $3,218,000 | -$18,000 (-0.6%) | $1,115 | 8 |
| 140 Northam Avenue | $2,700,000 | $2,398,000 | +$302,000 (+12.6%) | $1,617 | 10 |
| 1172 Elm Street | $1,915,000 | $1,915,000 | $0 (0%) | $1,665 | 0* |
| 88 Madera Avenue | $1,835,000 | $1,975,000 | -$140,000 (-7.1%) | $1,199 | 18 |
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San Carlos Single-Family Homes Pending Sale
The following single-family homes were put under contract in San Carlos last week. Click on the address of each home to see more details and photos:| Address | List Price | Days Listed |
|---|---|---|
| 1173 Elm Street | $3,550,000 | 10 |
| 373 Oakview Drive | $2,780,000 | 30 |
*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 |
|---|---|---|---|---|---|
| 793 Orange Avenue | $2,100,000 | 3BR/2.5BA | 1,605/5,252 | $1,308 | Century 21 |
| 574 Wellington Drive | $2,050,000 | 3BR/2BA | 1,640/6,200 | $1,250 | 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.
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