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San Carlos market insights

A local market update for Condo/Co-op, refreshed monthly with Redfin housing market data.

Monthly market wrap

MONTHLY MARKET WRAPSan CarlosCondos · May 2026The San Carlos market tilted hotter inMay: most key signals moved the seller'sway.Median sale price$968K+22.5% vs AprTime to pending16d7 days faster vs AprSold over asking20%-40 pts vs AprActive listings15+0.0% vs AprGenerated by ListingCopilot.ioSource: Redfin housing market data

Sale price vs asking

SALE PRICE VS ASKINGSan CarlosCondos · May 2026Only 20% of San Carlos condos sold overasking, so buyers have room tonegotiate.99.4%average sale price vs. asking priceSold over asking20%vs. a year ago-20 pts101.9%99.8%97.7%Sold at asking price99.4%Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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The negotiation gap

THE NEGOTIATION GAPSan CarlosCondos · May 2026San Carlos condos are closing +0.6%below asking. The list price has becomea starting point.-$1.53Mmedian sale price minus asking priceMedian asking price$2.5MMedian sale price$968K$2.23M$1.65M$1.06MSoldAskingJun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Median sale price

MEDIAN SALE PRICESan CarlosCondos · May 2026San Carlos condo values are climbing, up+10.6% in a year.$968Kmedian sale priceYear over year+10.6%Homes sold last month5$1.31M$1.13M$942K$968KJun 2019Dec 2022May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Time to sell

TIME TO SELLSan CarlosCondos · May 2026The typical San Carlos condo goespending in 16 days, 28 days faster thanlast year.16 daysmedian time to pendingGone within two weeks33%vs. a year ago28 days faster129d86d43d16dJun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Active listings

ACTIVE LISTINGSSan CarlosCondos · May 2026San Carlos inventory is down 16.7% yearover year, keeping buyer choice tight.15active listingsYear over year-16.7%Months of supply3.01713815Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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Price cuts

PRICE CUTSSan CarlosCondos · May 202620% of San Carlos listings cut theirasking price last month, up 3 pts from ayear ago.20%of active listings cut their asking pricevs. a year ago+3 ptsActive listings1535%27%19%20%Jun 2024Jul 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

The two-speed market

THE TWO-SPEED MARKETSan CarlosCondos · May 2026Only 33% of San Carlos condos wentpending within two weeks. Most listingsare taking their time.33%of listings went pending within two weeksMedian time to pending16 daysvs. a year ago+33 pts41%25%9%Half of listings33%Jun 2024May 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Best month to buy

BEST MONTH TO BUYSan CarlosCondos · May 2026January is historically San Carlos'scalmest month for buyers: 7.7 pts lessover-asking than May.Januaryhistorically the calmest month for buyersBuyer's edge vs May-7.7 ptsYears of Redfin data10+Yearly averageJFMAMJJASOND-4.0 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 CarlosCondos · May 2026San Carlos condo values are up +10% overthe past 10 years.+10%median sale price growth since 2016Median price in 2016$878KAverage gain per year+1.0%$1.19M$1.04M$901K$968KMay 2016May 2021May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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