The San Carlos Real Estate Week in Review: 6/1/26
June 1, 2026
The Recap:
Welcome to the first week of June. As expected, the sales activity in the San Carlos real estate market showed a marked drop as we head into the summer real estate season. There were only four new listings that entered the market last week, and an equal number of homes were put under contract. That kept the inventory of homes for sale steady at a lean 19. This isn't atypical for this time of year, but it also doesn't help that home mortgage interest rates are creeping back up again, edging closer to 7% as inflationary fears creep back into the market.
The rapidly escalating price of homes in San Carlos is a common topic that I discuss on this blog. Last week, I posted a quiz to see if you could guess which is now the most expensive neighborhood in San Carlos, based on the data from 2025. If you haven't done so, register your guess here. I'll post the answer later this week on the blog.
Have an excellent week! Here are the numbers from last week's market in San Carlos:
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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 5/31/2026:| San Carlos SFR Data | 5/31/26 | Previous Week |
|---|---|---|
| Number of Closed Sales: | 7 | 10 |
| Average Sold Price: | $2,694,000 | $3,042,400 |
| Median Sold Price: | $2,900,000 | $3,380,500 |
| Average % Sold vs Orig List Price: | 106% | 103% |
| Average Days Listed of Closed Sales | 8 | 13 |
| Average $/Sq Foot (Sold) | $1,477 | $1,475 |
| Listings Put Under Contract: | 4 | 8 |
| Total Homes Under Contract: | 17 | 19 |
| New Listings: | 4 | 5 |
| Total Active Listings: | 19 | 19 |
| Average Price of Active Listings: | $3,138,737 | $3,128,211 |
| Median Price of Active Listings: | $2,880,000 | $2,698,000 |
| Average Days of Active Listings: | 31 | 28 |
| Average $/Sq Foot (List) | $1,344 | $1,303 |
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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 |
|---|---|---|---|---|---|
| 266 Vine Street | $3,750,000 | $3,288,000 | +$462,000 (+14.1%) | $1,655 | 4 |
| 144 Edgehill Drive | $3,700,000 | $3,695,000 | +$5,000 (+0.1%) | $1,440 | 12 |
| 807 Rutherdale Avenue | $3,050,000 | $2,398,000 | +$652,000 (+27.2%) | $1,955 | 9 |
| 205 Hillcrest Road | $2,900,000 | $2,998,998 | -$98,998 (-3.3%) | $921 | 11 |
| 2648 Howard Avenue | $2,700,000 | $2,500,000 | +$200,000 (+8.0%) | $1,811 | 0* |
| 2108 Howard Avenue | $1,650,000 | $1,698,000 | -$48,000 (-2.8%) | $1,196 | 16 |
| 950 Cherry Street | $1,108,000 | $1,098,000 | +$10,000 (+0.9%) | $1,361 | 6 |
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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 |
|---|---|---|
| 135 Dolton Avenue | $2,599,000 | 35 |
| 273 Cedar Street | $2,698,000 | 8 |
| 3 Garden Lane | $1,998,000 | 16 |
| 339 Chesham Avenue | 1,888,000 | 8 |
*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 |
|---|---|---|---|---|---|
| 3194 La Mesa Drive | $2,888,000 | 4BR/2BA | 1,900/6,500 | $1,520 | Gonzalez Properties |
| 1654 Chestnut Street | $2,298,000 | 3BR/2BA | 1,560/4,550 | $1,473 | Christies |
| 1029 Lupin Way | $2,199,000 | 4BR/2BA | 1,520/6,004 | $1,447 | Intero |
| 1022 Walnut Street | $1,998,000 | 2BR/2BA | 1,290/6,000 | $1,549 | 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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I see it — thanks. Stand by….Just fixed it.