The San Carlos Real Estate Week in Review: 5/18/26
May 18, 2026
The Recap:
Last week was one of the busier weeks this year for new listings. 13 single-family homes entered the market last week, which is one of the highest amounts for any single week. It's also an indication that we are getting toward the end of the spring real estate season. Since there are only two weeks until we are in the month of June, and one of those weekends is Memorial Day Weekend, the remaining sellers who haven't put their home on the market are rushing to do so before summer vacations start.
The summer months are not normally busy ones in the San Carlos real estate market because so many people put their house-hunting on hold to take a vacation. But with all of the global unrest and with gas prices being so high, I wonder if anyone is going to curtail their vacation plans. Especially those who plan to travel to countries where fuel shortages may dramatically impact the availability of transit.
There's also the issue of mortgage interest rates, which appear to be poised for an increase in the coming weeks. Most experts are predicting an increase in not only the Federal Reserve rate, but also the 10-year bond due to inflationary signals. The latter is more closely linked to mortgage interest rates, so it will be worth watching over the coming weeks.
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 5/17/2026:| San Carlos SFR Data | 5/17/26 | Previous Week |
|---|---|---|
| Number of Closed Sales: | 7 | 4 |
| Average Sold Price: | $2,642,857 | $3,236,250 |
| Median Sold Price: | $2,750,000 | $3,317,500 |
| Average % Sold vs Orig List Price: | 109% | 110% |
| Average Days Listed of Closed Sales | 7 | 11 |
| Average $/Sq Foot (Sold) | $1,473 | $1,409 |
| Listings Put Under Contract: | 5 | 7 |
| Total Homes Under Contract: | 20 | 18 |
| New Listings: | 12 | 3 |
| Total Active Listings: | 23 | 19 |
| Average Price of Active Listings: | $3,047,430 | $3,077,829 |
| Median Price of Active Listings: | $2,698,000 | $2,800,000 |
| Average Days of Active Listings: | 25 | 34 |
| Average $/Sq Foot (List) | $1,353 | $1,251 |
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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 |
|---|---|---|---|---|---|
| 60 Dartmouth Avenue | $3,900,000 | $3,498,000 | +$402,000 (+11.5%) | $1,595 | 9 |
| 176 Exbourne Avenue | $3,100,000 | $2,999,000 | +$101,000 (+3.4%) | $961 | 18 |
| 28 Bay View Drive | $2,850,000 | $2,850,000 | $0 (0%) | $1,442 | 0* |
| 420 Park Avenue | $2,750,000 | $2,750,000 | $0 (0%) | $1,923 | 0* |
| 248 Highland Avenue | $2,400,000 | $1,995,000 | +$405,000 (+20.3%) | $1,463 | 9 |
| 689 Bayport Avenue | $1,750,000 | $1,550,000 | +$200,000 (+12.9%) | $1,296 | 6 |
| 1019 Riverton Drive | $1,750,000 | $1,500,000 | +$250,000 (+16.7%) | $1,628 | 8 |
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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 |
|---|---|---|
| 1047 Hewitt Drive | $2,998,000 | 8 |
| 124 Vine Street | $2,495,000 | 24 |
| 265 Chestnut Street | $2,500,000 | 14 |
| 948 Alameda | $2,295,000 | 12 |
| 2769 Bromley Drive | $2,615,000 | 2 |
*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 |
|---|---|---|---|---|---|
| 1633 Elm Street | $4,498,000 | 4BR/3.5BA | 2,606/6,250 | $1,726 | Garrison Properties |
| 2884 Roland Avenue | $4,248,000 | 5BR/3BA | 2,730/10,390 | $1,556 | Christies |
| 266 Vine Street | $3,288,000 | 4BR/4BA | 2,266/5,000 | $1,451 | Coldwell Banker |
| 2404 Melendy Drive | $2,898,000 | 4BR/3BA | 2,450/10,355 | $1,183 | Christies |
| 273 Cedar Street | $2,698,000 | 4BR/3BA | 2,135/5,567 | $1,264 | Christies |
| 146 Palm Avenue | $2,639,000 | 5BR/2.5BA | 2,366/4,727 | $1,115 | Compass |
| 2769 Bromley Drive | $2,615,000 | 4BR/3BA | 2,540/13,080 | $1,030 | Sothebys |
| 953 Lupin Way | $2,499,000 | 4BR/3BA | 2,185/5,548 | $1,144 | Compass |
| 807 Rutherdale Avenue | $2,398,000 | 3BR/2BA | 1,560/8,446 | $1,537 | Compass |
| 3 Garden Lane | $1,998,000 | 3BR/2BA | 1,240/5,96 | $1,611 | Coldwell Banker |
| 1836 Greenwood Avenue | $1,798,000 | 2BR/2BA | 1,030/4,152 | $1,746 | Sothebys |
| 2755 San Carlos Avenue | $1,475,000 | 2BR/1BA | 800/7,000 | $1,844 | Gateway |
- 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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