65 homes in near Arroyo
San Carlos, CA

About San Carlos: Arroyo is located in San Carlos. San Carlos is a city in San Mateo County, California, United States. San Carlos is a part of Silicon Valley. The population is 30,722 per the 2020 census.
These are homes for sale within about 2 miles of Arroyo in San Carlos (Topfind School Score: 10/10). The area around the school has 65 active listings.
Topfind Market Read
The picture is mixed here. There is only 2.0 months of supply, yet the typical home takes about 81 days to sell, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$1.80M
↑ 7% over the past yearChart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
2.0 months of supply
Tight Supply65 active listings against the current sales pace works out to about 2.0 months of supply.
What this means for buyers
Inventory is tight relative to how many homes sell each month, so buyers have fewer options and well-priced homes draw competition. Listings typically sell in ~81 days.
Sales Velocity
How fast homes are selling
Homes are sitting on the market, so buyers often have strong leverage to negotiate price, terms, and repairs. The trend is moving the other way though, with selling times down 37% over the last six months.
Inventory Distribution
Most current listings are under 30 days old, so the mix skews toward fresh inventory.
Housing Tenure in Arroyo Area
Homeownership is significantly higher than average, making this a homeowner-dominated market with more long-term residents.
68%
Homeowners
32%
Renters
Homeownership is 12.5 points higher than the California average (55.5%)
11,052 households (2023)
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $826K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 3 → 4 bedrooms (+$1.2M)
Price Reductions
11 listings have reduced their price
17% of active listings
Average reduction: 7.1% (~$128K)
Arroyo serves students at the elementary level within the San Carlos Elementary district. It earns a Topfind School Score of 10. The homes shown here are near Arroyo rather than confirmed within an attendance zone, so verify enrollment eligibility with the district. The Arroyo area currently shows a median list price of $1.8M. That runs roughly 6.0% higher than San Carlos as a whole. There are 65 homes currently listed for sale in the Arroyo area. Over the last six months, the median price has eased about 7.6%, from $2.4M in February to $2.2M in July.
Browse homes for sale in cities near San Carlos
There are currently 65 homes for sale in Arroyo Area, ranging from $525,000 to $5,988,000. 13 of them hit the market within the last week.
The median list price in Arroyo Area is $1,800,000. Price per square foot averages $1212. Prices are up 6.6% compared to a year ago.
Homes in Arroyo Area currently average 81 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.
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