The San Carlos Real Estate Week in Review: 08/18/25
August 18, 2025
The Recap:
There is increasing talk in the media about the nationwide residential real estate market starting to slow down. Certainly, in other parts of the country, inventory is on the rise, and homes are staying on the market considerably longer before they are sold.
While we are not seeing that dramatic an effect in our local market, it's evident that buyers are aggressive in their approach to finding housing, as they were when the market was far more in favor of sellers. Just this past week, none of the four homes that changed hands exceeded their respective list prices, which isn't something you see in this market very often. As I often say on this site, one week does not make a trend, but it's these kinds of indications that it's important to keep a close eye on.
The San Carlos schools are back in session this week, so we should see more focused buying activity from those buyers who want to get a home locked in before the holidays.
Here's what happened last week in the San Carlos 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 08/17/2025:| San Carlos SFR Data | 08/17/25 | Previous Week |
|---|---|---|
| Number of Closed Sales: | 4 | 4 |
| Average Sold Price: | $2,755,000 | $2,238,750 |
| Median Sold Price: | $2,760,000 | $2,125,000 |
| Average % Sold vs Orig List Price: | 98% | 97% |
| Average Days Listed of Closed Sales | 20 | 23 |
| Average $/Sq Foot (Sold) | $1,163 | $1,383 |
| Listings Put Under Contract: | 3 | 10 |
| Total Homes Under Contract: | 24 | 25 |
| New Listings: | 5 | 4 |
| Total Active Listings: | 18 | 14 |
| Average Price of Active Listings: | $2,793,049 | $3,265,571 |
| Median Price of Active Listings: | $2,546,500 | $3,073,000 |
| Average Days of Active Listings: | 36 | 47 |
| Average $/Sq Foot (List) | $1,328 | $1,289 |
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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 |
|---|---|---|---|---|---|
| 997 Crestview Drive | $3,300,000 | $3,495,000 | -$195,000 (-5.6%) | $838 | 21 |
| 805 Regent Court | $2,870,000 | $2,875,000 | -$5,000 (-0.2%) | $1,201 | 31 |
| 3155 Brittan Avenue | $2,650,000 | $2,749,000 | -$99,000 (-3.6%) | $1,123 | 19 |
| 155 Oakview Drive | $2,200,000 | $2,200,000 | $0 (0%) | $1,492 | 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 |
|---|---|---|
| 324 Clifton Avenue | $3,495,000 | 19 |
| 190 Loma Road | $3,495,000 | 7 |
| 711 Best Court | $3,648,000 | 7 |
*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 |
|---|---|---|---|---|---|
| 87 Exeter Avenue | $2,915,000 | 4BR/3BA | 2,604/8,295 | $1,119 | Coldwell Banker |
| 875 Sunset Drive | $2,498,000 | 3BR/2.5BA | 1,730/11,890 | $1,444 | Guide |
| 1021 Elm Street | $2,350,000 | 3BR/2.5BA | 1,790/6,000 | $1,313 | Coldwell Banker |
| 508 Prospect Street | $1,898,000 | 3BR/2BA | 1,430/6,567 | $1,327 | Christies |
| 1300 Howard Avenue | $1,695,000 | 2BR/1BA | 1,345/5,205 | $1,260 | 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.
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