The San Carlos Real Estate Week in Review: 7/6/26

The Recap:

As expected, it was a relatively quiet week in the San Carlos residential real estate market, as many people took the week off to enjoy the 4th of July holiday weekend. There were still two new listings that hit the market, but only one home was put under contract in the light week.

The five homes that changed hands this week all sold for significant premiums over their respective asking prices, ranging from $120,000 to over $600,000 above the asking price, and highlighting the continued competitive nature of the San Carlos housing market, where the current average price for a single-family home for sale is above $3,000,000.

This past week, I summarized the performance of the San Carlos real estate market over the first half of 2026 in this post. All of the metrics show healthy growth over the last year, during the same period, and also a continued improvement from when the market essentially bottomed out in 2023. The numbers are interesting and well worth the read.

Have a great summer 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 7/5/2026:

San Carlos SFR Data	7/5/26	Previous Week
Number of Closed Sales:	5	4
Average Sold Price:	$2,415,800	$3,085,000
Median Sold Price:	$2,528,000	$2,825,000
Average % Sold vs Orig List Price:	116%	109%
Average Days Listed of Closed Sales	7	9
Average $/Sq Foot (Sold)	$1,507	$1,653
Listings Put Under Contract:	1	6
Total Homes Under Contract:	15	19
New Listings:	2	1
Total Active Listings:	15	14
Average Price of Active Listings:	$3,019,730	$3,045,711
Median Price of Active Listings:	$2,695,000	$2,597,000
Average Days of Active Listings:	37	43
Average $/Sq Foot (List)	$1,344	$1,273

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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
167 Oakview Drive	$3,000,000	$2,880,000	+$120,000 (+4.2%)	$1,442	8
80 Hilltop Drive	$2,600,000	$2,398,000	+$202,000 (+8.4%)	$1,818	4
1654 Chestnut Street	$2,528,000	2,298,000	+$230,000 (+10.0%)	$1,621	7
249 Devonshire Boulevard	$2,355,000	$1,748,000	+$607,000 (+34.7%)	$1,024	5
1028 Cherry Street	$1,596,000	$1,298,000	+$298,000 (+30.0%)	$1,629	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
162 Coronado Avenue	$1,995,000	153

*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
401 Elm Street	$2,695,000	3BR/3BA	1,800/8,129	$1,497	Bay Area Property Management
2 Burnham Court	$2,398,000	3BR/2BA	1,397/5,216	$1,717	Compass

• 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.