The San Carlos Real Estate Week in Review: 10/13/25
October 13, 2025
The Recap:
Just as I predicted last week, the San Carlos real estate market remained very active last week as we push through the second week of October. Buyers snapped up nine different listings this week, and just like the week before, there were fewer new listings (6) to fill the void.
The repeated imbalance between the number of homes put under contract and the number of new listings has pulled the inventory of homes for sale back down below 20 for the first time in over a month. You can expect this number to continue slowly dropping as October progresses. There comes a certain point in the fall season when sellers decide to wait until the following spring to put their home on the market. That's not to say there won't be any more new listings — we're just going to see the rate of new listings start to dwindle, and buyers are going to have to decide whether to take what's available now or also wait until the spring market.
Unfortunately, the stock market headed into turbulent waters again late last week in response to the potential of another tariff war with China. As we witnessed in April when the first round of tariffs took effect, the real estate market does not perform well during these volatile market swings. It will be interesting to see what impact this may have on buyers who are still in the market.
Here are the numbers from last week in your local real estate market:
_________________________________________________________________________
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 10/12/2025:| San Carlos SFR Data | 10/12/25 | Previous Week |
|---|---|---|
| Number of Closed Sales: | 4 | 3 |
| Average Sold Price: | $2,735,000 | $3,270,000 |
| Median Sold Price: | $2,577,500 | $3,650,000 |
| Average % Sold vs Orig List Price: | 113% | 112% |
| Average Days Listed of Closed Sales | 12 | 7 |
| Average $/Sq Foot (Sold) | $1,364 | $1,550 |
| Listings Put Under Contract: | 9 | 10 |
| Total Homes Under Contract: | 25 | 19 |
| New Listings: | 6 | 5 |
| Total Active Listings: | 19 | 22 |
| Average Price of Active Listings: | $2,893,200 | $2,898,955 |
| Median Price of Active Listings: | $2,420,000 | $2,470,000 |
| Average Days of Active Listings: | 51 | 48 |
| Average $/Sq Foot (List) | $1,307 | $1,217 |
_________________________________________________________________________
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 |
|---|---|---|---|---|---|
| 2605 Graceland Avenue | $3,460,000 | $2,999,000 | +$461,000 (+15.4%) | $1,533 | 13 |
| 1623 Cordilleras Avenue | $2,670,000 | $2,198,000 | +$472,000 (+21.5%) | $1,396 | 9 |
| 1325 Cordilleras Avenue | $2,485,000 | $2,195,000 | +$290,000 (+13.2%) | $1,376 | 6 |
| 2900 Brittan Avenue | $2,335,000 | $2,295,000 | +$30,000 (+1.3%) | $1,151 | 21 |
_________________________________________________________________________
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 |
|---|---|---|
| 1400 Oakhurst Avenue | $1,898,000 | 36 |
| 115 Crestview Court | $3,495,000 | 12 |
| 21 Highland Avenue | $3,488,000 | 122 |
| 53 Madera Avenue | $1,998,000 | 12 |
| 1471 Cordilleras Avenue | $2,198,000 | 6 |
| 325 Park Avenue | $4,298,000 | 3 |
| 241 Shelford Avenue | $4,298,000 | 3 |
| 28 Kirkwood Way | $2,798,000 | 7 |
| 171 Exeter Avenue | $2,799,000 | 22 |
*Designates that the home was either listed or sold off of the public-facing MLS.
_________________________________________________________________________
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 |
|---|---|---|---|---|---|
| 325 Park Avenue | $4,298,000 | 4BR/3.5BA | 2,929/6,050 | $1,467 | Christies |
| 865 Somerset Court | $3,890,000 | 5BR/3BA | 3,270/30,977 | $1,190 | The Agency |
| 956 Tamarack Avenue | $2,599,000 | 4BR/2BA | 1,821/5,052 | $1,427 | Christies |
| 300 Manzanita Avenue | $1,998,000 | 3BR/2.5BA | 1,800/7,422 | $1,110 | Compass |
| 2611 Thornhill Drive | $1,998,000 | 2BR/1BA | 1,221/4,411 | $1,636 | Compass |
| 88 Madera Avenue | $1,975,000 | 3BR/2.5BA | 1,530/7,533 | $1,291 | 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.
Posted in: