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Market Pulse

San Carlos market insights

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

Monthly market wrap

MONTHLY MARKET WRAPSan CarlosSingle-family homes · May 2026The San Carlos market tilted hotter inMay: most key signals moved the seller'sway.Median sale price$2.88M▲ +2.7% vs AprTime to pending11d▼ 7 days faster vs AprSold over asking64%▲ +2 pts vs AprActive listings18+0.0% vs AprGenerated by ListingCopilot.ioSource: Redfin housing market data

Sale price vs asking

SALE PRICE VS ASKINGSan CarlosSingle-family homes · May 2026Most San Carlos SFHs are still sellingover asking (64%). Price to invitecompetition.107.3%average sale price vs. asking priceSold over asking64%vs. a year ago-4 pts107.8%104.7%101.7%Sold at asking price107.3%Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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The negotiation gap

THE NEGOTIATION GAPSan CarlosSingle-family homes · May 2026San Carlos SFHs are closing +7.3% aboveasking. The list price is the floor, notthe ceiling.+$376Kmedian sale price minus asking priceMedian asking price$2.5MMedian sale price$2.88M$2.94M$2.49M$2.03MSoldAskingJun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Median sale price

MEDIAN SALE PRICESan CarlosSingle-family homes · May 2026San Carlos SFH values are climbing, up+5.5% in a year.$2.88Mmedian sale priceYear over year+5.5%Homes sold last month28$2.82M$2.4M$1.99M$2.88MJun 2019Dec 2022May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Time to sell

TIME TO SELLSan CarlosSingle-family homes · May 2026San Carlos SFHs are flying off themarket in 11 days.11 daysmedian time to pendingGone within two weeks66%vs. a year agounchanged27d18d9d11dJun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Active listings

ACTIVE LISTINGSSan CarlosSingle-family homes · May 2026San Carlos inventory is down 28.0% yearover year, keeping buyer choice tight.18active listingsYear over year-28.0%Months of supply0.623171018Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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Price cuts

PRICE CUTSSan CarlosSingle-family homes · May 202622% of San Carlos listings cut theirasking price last month, down 10 ptsfrom a year ago.22%of active listings cut their asking pricevs. a year ago-10 ptsActive listings1826%20%15%22%Jun 2024May 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

The two-speed market

THE TWO-SPEED MARKETSan CarlosSingle-family homes · May 202666% of San Carlos SFHs went pendingwithin two weeks. Priced-right listingsdo not wait.66%of listings went pending within two weeksMedian time to pending11 daysvs. a year ago-4 pts63%44%24%Half of listings66%Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Best month to buy

BEST MONTH TO BUYSan CarlosSingle-family homes · May 2026January is historically San Carlos'scalmest month for buyers: 6.5 pts lessover-asking than April.Januaryhistorically the calmest month for buyersBuyer's edge vs April-6.5 ptsYears of Redfin data11+Yearly averageJFMAMJJASOND-3.2 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 CarlosSingle-family homes · May 2026San Carlos SFH values are up +44% overthe past 10 years.+44%median sale price growth since 2016Median price in 2016$2MAverage gain per year+3.7%$2.54M$2.21M$1.89M$2.88MMay 2016May 2021May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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