The San Carlos Real Estate Week in Review: 6/29/26

The Recap:

And just like that, the month of June and the first half of 2026 are just about in our rearview mirrors. It was quite a six-month period, with unexpected geopolitical conflicts that shocked energy markets and drove up prices for many of the daily items we purchase and consume. That significant increase in energy and consumer costs is threatening to increase inflation, which in turn will very likely force mortgage interest rates higher. I'll recap the first half of the San Carlos market later this week, and as you'll see from the data, the local real estate market fared very well despite the economic headwinds.

This past week was very characteristic of a late-June market. We don't normally see a big listing push the week before the 4th of July holiday break, and indeed, only one new listing tested the market. I would expect that listing activity will be light to nonexistent this coming week.

Six of the existing homes were put under contract last week, and several other homes that had been languishing were pulled off the market in anticipation of trying again in the fall. That difference pulled the inventory level in San Carlos down to just 14 homes for sale entering this week, with nearly half of those homes being on the market for 30 days or longer. As I've said before, it's one of the best times of the year for buyers to strike their best deals

Have a fabulous holiday week! Here are the numbers from last week's market in San Carlos:

________________________________________

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 6/28/2026:

San Carlos SFR Data	6/28/26	Previous Week
Number of Closed Sales:	4	7
Average Sold Price:	$3,085,000	$2,687,143
Median Sold Price:	$2,825,000	$2,560,000
Average % Sold vs Orig List Price:	109%	101%
Average Days Listed of Closed Sales	9	17
Average $/Sq Foot (Sold)	$1,653	$1,357
Listings Put Under Contract:	6	5
Total Homes Under Contract:	19	18
New Listings:	1	5
Total Active Listings:	14	20
Average Price of Active Listings:	$3,045,711	$2,913,535
Median Price of Active Listings:	$2,597,000	$2,446,500
Average Days of Active Listings:	43	32
Average $/Sq Foot (List)	$1,273	$1,242

________________________________________

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
2139 Greenwood Avenue	$4,205,000	$3,588,000	+$617,000 (+17.2%)	$1,788	9
3194 La Mesa Drive	$3,000,000	$2,888,000	+$112,000 (+3.9%)	$1,579	7
32 Beverly Drive	$2,650,000	$2,499,000	+$151,000 (+6.0%)	$1,643	16
967 Mc Cue Avenue	$2,485,000	$2,249,000	+$236,000 (+10.5%)	$1,603	2

________________________________________

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
743 Orange Avenue	$2,688,862	4
179 Bay View Drive	$2,498,000	8
179 Bay View Drive	$2,498,000	8
2404 Melendy Drive	$2,798,000	42
117 Club Drive	$2,298,000	17
248 Fairmont Avenue	$2,300,000	5

*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
2229 Howard Avenue	$2,799,000	4BR/2BA	1,590/5,194	$1,760	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.