The San Carlos Real Estate Week in Review: 5/11/26
May 11, 2026
The Recap:
Despite all of the headwinds that are facing our economy — increased fuel prices, potential inflation, and global conflicts — the San Carlos real estate market has remained surprisingly strong. All four homes that closed escrow last week all fetched six-figure premiums over their respective asking prices, and none of them even lasted two weeks on the market.
A big reason why the demand and the prices remain high is simply due to the lack of inventory. There were only three new homes to hit the market last week, while seven were put under contract. This leaves only 19 single-family homes for sale heading into this week in what should be the peak of the spring real estate market.
By comparison, Belmont — a city with fewer people and fewer homes than San Carlos — currently has 27 single-family homes for sale. It's not often that we see that inversion of inventory, but it's happening now. And in case you were wondering, our other adjacent neighbor, Redwood City, has 67 single-family homes currently for sale. That is to be expected since it's about three times the size and population of San Carlos.
Here are the numbers from last week's 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 5/10/2026:| San Carlos SFR Data | 5/10/26 | Previous Week |
|---|---|---|
| Number of Closed Sales: | 4 | 9 |
| Average Sold Price: | $3,236,250 | $3,156,444 |
| Median Sold Price: | $3,317,500 | $2,308,000 |
| Average % Sold vs Orig List Price: | 110% | 104% |
| Average Days Listed of Closed Sales | 11 | 11 |
| Average $/Sq Foot (Sold) | $1,409 | $1,430 |
| Listings Put Under Contract: | 7 | 7 |
| Total Homes Under Contract: | 18 | 15 |
| New Listings: | 3 | 7 |
| Total Active Listings: | 19 | 22 |
| Average Price of Active Listings: | $3,077,829 | $2,963,153 |
| Median Price of Active Listings: | $2,800,000 | $2,800,000 |
| Average Days of Active Listings: | 34 | 26 |
| Average $/Sq Foot (List) | $1,251 | $1,308 |
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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 |
|---|---|---|---|---|---|
| 112 Wildwood Avenue | $4,150,000 | $3,895,000 | +$255,000 (+6.5%) | $1,402 | 8 |
| 74 Cedar Street | $3,425,000 | $2,890,000 | +$535,000 (+18.5%) | $1,349 | 13 |
| 345 Laurel Street | $3,210,000 | $2,998,000 | +$212,000 (+7.1%) | $1,283 | 12 |
| 1344 Magnolia Avenue | $2,160,000 | $1,988,000 | +$172,000 (+8.7%) | $1,600 | 9 |
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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 |
|---|---|---|
| 2108 Howard Avenue | $1,698,000 | 16 |
| 144 Edgehill Drive | $3,695,000 | 12 |
| 754 Cordilleras Avenue | $3,750,000 | 10 |
| 875 Buckland Avenue | $2,698,000 | 6 |
| 622 Terrace Road | $2,980,000 | 11 |
| 164 Winding Way | $3,450,000 | 0* |
| 950 Cherry Street | $1,098 | 6 |
*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 |
|---|---|---|---|---|---|
| 69 Hilltop Drive | $4,750,000 | 4BR/4BA | 3,046/6,248 | $1,559 | Christies |
| 1100 Greenbrier Road | $2,998,000 | 4BR/2.5BA | 2,738/8,239 | $1,095 | Coldwell Banker |
| 1047 Hewitt Drive | $2,998,000 | 4BR/3BA | 2,360/6,978 | $1,270 | 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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