The San Carlos Real Estate Week in Review: 3/30/26
March 30, 2026
The Recap:
In some weeks in the San Carlos real estate market, we see homes sell for large amounts over the asking price. In other weeks, we might see one that sold at a sizable discount. This past week, we had both. One home sold for $704,000 over the asking price, while another home took a $645,000 haircut from its respective list price. In between, there were two homes that fetched roughly $300,000 and $400,000 premiums.
While this looks peculiar, it's really not. The large price drop on that one home was only 9% from its purchase price, which is not that uncommon for any given week. It's just notable here because the starting price was almost $7,000,000, which is a rarity in San Carlos.
Consequently, the three homes that enjoyed six-figure premiums were at least 12% above their respective list prices — one was nearly 24%. This tells me that the demand for housing is still very strong and that the San Carlos market is still healthy. Not frothy…just healthy.
Another good datapoint from last week that highlights the strength of the San Carlos real estate market is the disparity between new listings and pending sales. Eight homes were put under contract last week, while only four new listings came on board to replenish the inventory. The net result is that there are now only 14 homes for sale in San Carlos, which is a fraction of what we traditionally start the month of April with.
This week marks the end of the first quarter of 2026. Stay tuned to the site later this week when I will post the first quarter recap and compare the sales numbers to the same period last year. It's always interesting to take a deep dive into these numbers.
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 3/29/2026:| San Carlos SFR Data | 3/29/26 | Previous Week |
|---|---|---|
| Number of Closed Sales: | 8 | 5 |
| Average Sold Price: | $3,496,656 | $3,083,000 |
| Median Sold Price: | $3,191,500 | $2,750,000 |
| Average % Sold vs Orig List Price: | 105% | 102% |
| Average Days Listed of Closed Sales | 15 | 19 |
| Average $/Sq Foot (Sold) | $1,297 | $1,297 |
| Listings Put Under Contract: | 8 | 4 |
| Total Homes Under Contract: | 17 | 18 |
| New Listings: | 4 | 7 |
| Total Active Listings: | 14 | 20 |
| Average Price of Active Listings: | $2,532,782 | $2,945,740 |
| Median Price of Active Listings: | $2,219,000 | $2,746,500 |
| Average Days of Active Listings: | 20 | 15 |
| Average $/Sq Foot (List) | $1,176 | $1,340 |
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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 |
|---|---|---|---|---|---|
| 1 Lewis Ranch Road | $6,250,000 | $6,895,000 | -$645,000 (-9.4%) | $1,108 | 52 |
| 230 Rockridge Road | $4,400,000 | $4,395,000 | +$5,000 (+0.1%) | $1,308 | 7 |
| 836 Bauer Court | $3,702,000 | $2,998,000 | +704,000 (+23.5%) | $1,631 | 12 |
| 239 Manor Drive | $3,378,000 | $3,335,000 | +$43,000 (+1.3%) | $1,126 | 7 |
| 21 Cobblestone Lane | $3,005,000 | $2,599,000 | +$406,000 (+15.6%) | $1,434 | 11 |
| 150 Winding Way | $2,868,000 | $2,988,000 | -$120,000 (-4.0%) | $735 | 13 |
| 1388 Woodland Avenue | $2,720,250 | $2,430,000 | +$290,250 (+11.9%) | $1,404 | 7 |
| 1046 Lupin Way | $1,650,000 | $1,678,000 | -$28,000 (-1.7%) | $1,528 | 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 |
|---|---|---|
| 3342 Melendy Drive | $3,899,000 | 7 |
| 12 Cranfield Avenue | $2,898,000 | 8 |
| 926 Rosewood Avenue | $3,988,000 | 22 |
| 419 Hill Way | $2,798,000 | 7 |
| 22 Dickens Court | $2,880,000 | 8 |
| 2044 Saint Francis Way | $2,495,000 | 15 |
| 6 El Sereno Drive | $3,098,000 | 6 |
| 224 Highland Avenue | $2,500,000 | 31 |
*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 |
|---|---|---|---|---|---|
| 967 Orange Avenue | $2,498,000 | 3BR/2BA | 1,700/5,571 | $1,469 | Christies |
| 57 Madera Avenue | $1,950,000 | 2BR/2BA | 1,480/5,100 | $1,318 | Compass |
| 104 Winding Way | $1,699,999 | 3BR/2BA | 1,320/5,799 | $1,288 | LPT Realty |
| 937 Mc Cue Avenue | $1,498,000 | 3BR/1BA | 1,150/5,297 | $1,303 | 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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