The San Carlos Real Estate Week in Review: 12/15/25

The Recap:

I said in last week's update that only serious buyers are the ones out looking for homes in the middle of December, and this past week was prime evidence of that.

Out of the dwindling list of homes currently for sale in San Carlos, those same buyers picked off six of them last week. That's a reasonably healthy number for any week, let alone the first full week of December, and it shows that there is always an underlying motivation for some buyers to lock up a place before the end of the year.

There were no new listings to enter the market last week, which is not unusual for this time of year. I would actually be quite surprised if there were any new listings until at least after Christmas. Another phenomenon that occurs at this time of year is withdrawals — these are listings that have been sitting on the market for an extended period without garnering a successful offer and are then temporarily pulled off the market for the holidays. This strategy makes sense because there's nothing to be gained by leaving a listing to languish over the holidays, except to accrue even more days on the market. Over the past two weeks, four listings were pulled off the market and will be re-listed after the end of the year.

So, the combination of these three actions – homes put under contract, homes pulled off the market, and no new listings to fill their shoes — has picked the San Carlos inventory cleaner than a holiday turkey. As of this morning, there are only four homes actively listed for sale, and they have an average stay on the market of over 40 days. I don't expect that to change much at all over the next few weeks.

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 12/14/2025:

San Carlos SFR Data	12/14/25	Previous Week
Number of Closed Sales:	5	4
Average Sold Price:	$2,915,000	$2,936,250
Median Sold Price:	$2,925,000	$2,687,500
Average % Sold vs Orig List Price:	102%	103%
Average Days Listed of Closed Sales	22	9
Average $/Sq Foot (Sold)	$1,230	$1,352
Listings Put Under Contract:	6	4
Total Homes Under Contract:	14	13
New Listings:	0	3
Total Active Listings:	4	11
Average Price of Active Listings:	$3,269,722	$3,443,263
Median Price of Active Listings:	$2,940,444	$3,295,000
Average Days of Active Listings:	41	50
Average $/Sq Foot (List)	$1,252	$1,229

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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
108 Mesa Verde Way	$3,870,000	$3,998,000	-$159,000 (-6.4%)	$1,240	20
141 Hillcrest Road	$3,200,000	$2,900,000	+$300,000 (+10.3%)	$1,219	24
373 Oakview Drive	$2,925,000	$2,780,000	+$145,000 (+5.2%)	$1,452	30
329 Oakview Drive	$2,340,000	$2,499,000	-$159,000 (-6.4%)	$1,013	21
108 Beverly Drive	$2,239,998	$2,199,000	+$40,998 (+1.9%)	$1,227	13

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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
16 Granite Court	$1,768,000	3
2250 Carmelita Drive	$3,850,000	31
147 Leslie Drive	$3,295,000	11
1033 Hewitt Drive	$2,698,000	5
1833 Brittan Avenue	$1,775,000	9
865 Somerset Court	$3,723,000	60

*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

• 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.