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Market Pulse

San Carlos market insights

A local market update for All Residential, refreshed monthly with Redfin housing market data.

Monthly market wrap

MONTHLY MARKET WRAPSan CarlosAll home types · May 2026San Carlos held steady in May: the keymarket signals were mixed.Median sale price$2.4M-3.2% vs AprTime to pending12d5 days faster vs AprSold over asking62%+2 pts vs AprActive listings38+5.6% vs AprGenerated by ListingCopilot.ioSource: Redfin housing market data

Sale price vs asking

SALE PRICE VS ASKINGSan CarlosAll home types · May 2026Most San Carlos homes are still sellingover asking (62%). Price to invitecompetition.106.6%average sale price vs. asking priceSold over asking62%vs. a year ago+4 pts106.0%103.7%101.3%Sold at asking price106.6%Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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The negotiation gap

THE NEGOTIATION GAPSan CarlosAll home types · May 2026San Carlos homes are closing +6.6% aboveasking. The list price is the floor, notthe ceiling.-$99Kmedian sale price minus asking priceMedian asking price$2.5MMedian sale price$2.4M$2.7M$2.33M$1.96MSoldAskingJun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Median sale price

MEDIAN SALE PRICESan CarlosAll home types · May 2026San Carlos home values dipped -2.0% froma year ago.$2.4Mmedian sale priceYear over year-2.0%Homes sold last month37$2.49M$2.13M$1.78M$2.4MJun 2019Dec 2022May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Time to sell

TIME TO SELLSan CarlosAll home types · May 2026San Carlos homes are flying off themarket in 12 days.12 daysmedian time to pendingGone within two weeks62%vs. a year agounchanged49d32d16d12dJun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Active listings

ACTIVE LISTINGSSan CarlosAll home types · May 2026San Carlos inventory is down 22.4% yearover year, keeping buyer choice tight.38active listingsYear over year-22.4%Months of supply1.043311938Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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Price cuts

PRICE CUTSSan CarlosAll home types · May 202621% of San Carlos listings cut theirasking price last month, down 10 ptsfrom a year ago.21%of active listings cut their asking pricevs. a year ago-10 ptsActive listings3828%20%12%21%Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

The two-speed market

THE TWO-SPEED MARKETSan CarlosAll home types · May 202662% of San Carlos homes went pendingwithin two weeks. Priced-right listingsdo not wait.62%of listings went pending within two weeksMedian time to pending12 daysvs. a year ago+8 pts55%38%21%Half of listings62%Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Best month to buy

BEST MONTH TO BUYSan CarlosAll home types · May 2026January is historically San Carlos'scalmest month for buyers: 5.7 pts lessover-asking than April.Januaryhistorically the calmest month for buyersBuyer's edge vs April-5.7 ptsYears of Redfin data11+Yearly averageJFMAMJJASOND-2.8 ptsBars over/under-asking vs the yearly average Line price seasonalityGenerated by ListingCopilot.ioSource: Redfin housing market data

10-year price growth

WAITING HAS A PRICESan CarlosAll home types · May 2026A San Carlos home bought in 2016 hasgained +56% in value since.+56%median sale price growth since 2016Median price in 2016$1.54MAverage gain per year+4.5%$2.27M$1.99M$1.7M$2.4MMay 2016May 2021May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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