The San Carlos Real Estate Week in Review: 1/5/26

The Recap:

Welcome to 2026! The holidays are officially over, and it's time to kick off a new year of real estate in San Carlos. I have just posted an extensive recap of the 2025 market, highlighting several positive developments that occurred last year. You can read the entire report here, but these are the key points:

• Total sales revenue for single-family homes and condos increased by 18% from 2024.
• The number of new single-family home listings increased by 24%
• The average price of a single-family home in San Carlos increased by 7% to an all-time high.

A good indication of how 2026 will unfold will be the number of new single-family listings that hit the market in January. San Carlos typically averages around 20-22 new single-family home listings in the first month of the year. In the strong years, we would see as many as 30 homes hit the market, but in the trough years of 2023 and 2024, we only saw an average of 15 new listings.

My gut tells me that we will have a robust start to the 2026 real estate market in San Carlos. I have a prime 4BR home in the Carlmont High School District that will list in January, and other agents I have spoken with are also planning to launch new homes in the coming weeks. If interest rates and the stock market just remain steady, we should be in for a good year.

Here are the results from last week:

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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 1/4/2026:

San Carlos SFR Data	1/4/26	Previous Week
Number of Closed Sales:	1	2
Average Sold Price:	$3,568,000	$2,775,000
Median Sold Price:	$3,568,000	$2,775,000
Average % Sold vs Orig List Price:	108%	110%
Average Days Listed of Closed Sales	11	3
Average $/Sq Foot (Sold)	$1,341	$1,381
Listings Put Under Contract:	0	0
Total Homes Under Contract:	5	6
New Listings:	1	0
Total Active Listings:	3	2
Average Price of Active Listings:	$3,026,000	$2,789,000
Median Price of Active Listings:	$3,500,000	$2,789,000
Average Days of Active Listings:	44	56
Average $/Sq Foot (List)	$1,312	$1,172

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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
147 Leslie Drive	$3,568,000	$3,295,000	+$273,000 (+8.3%)	$1,341	11

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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

*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
15 Buckland Court	$3,500,000	3BR/2.5BA	2,196/7,990	$1,594	Eccleston

• 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.