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Train Station 1 DBW 0204Photo: CityofSanCarlos · CC BY-SA 4.0
Housing in San Carlos

328 homes sold in San Carlos in the last year, at a typical $2.4M

About one sale in 4 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where San Carlos homes are listed.

Homes sold
328
June 2025 to May 2026
Typical sale price
$2.4M
houses $2.7M · condos $1.1M
Price per square foot
$1,282
California $504
Paid vs. asking
103.9%
55% sold over asking
For sale now
38
May 2026 · 37 sold that month
What sold · last 12 months

15% of San Carlos’ sales are condos, at $1.6M less than a house

249 houses and 49 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.

Houses$2.7M

typical sale · 249 sold in 12 months

Per square foot
$1,390CA $494
Days to sell
13
Sold over asking
62%
Listings with a price cut
18%
Condos$1.1M

typical sale · 49 sold in 12 months

Per square foot
$868CA $561
Days to sell
41
Sold over asking
24%
Listings with a price cut
25%
Fewer sales

Multi-family (2–4 units): 3 sold, typical $1.6M
Townhouses: 27 sold, typical $1.7M

Too few sales in 12 months for reliable figures.

14 years of sales

About as many homes sell as usual, at 1.6 times the 2016 price

328 sales in the last year, against 463 in 2021 and a low of 269 in 2024. The typical sale went from $1.5M in 2016 to $2.4M.

Homes soldTypical sale price
0125250375500$1.2M$1.7M$2.1M$2.6M2012: 404 sold, typical $883K’122013: 387 sold, typical $1.1M2014: 369 sold, typical $1.3M’142015: 301 sold, typical $1.5M2016: 324 sold, typical $1.5M’162017: 336 sold, typical $1.7M2018: 317 sold, typical $1.9M’182019: 356 sold, typical $1.8M2020: 381 sold, typical $1.8M’202021: 463 sold, typical $2.2M2022: 321 sold, typical $2.3M’222023: 300 sold, typical $2.1M2024: 269 sold, typical $2.1M’242025: 306 sold, typical $2.4MLast 12 months: 328 sold, typical $2.4MNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $2M buys in San Carlos

Houseat $1,390 a sq ft
Condoat $868 a sq ft
The same money in Californiaat $494 a sq ft

Is this asking price fair?

Check a listing against what San Carlos homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in San Carlos are rarer than before the pandemic, and more homes are for sale

We read every month of San Carlos’ home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 328 sales.

If you’re buying in San Carlos

  • Shop in September. It brings about 45 new listings a month, close to the busiest month, with fewer bidding wars (67% over asking).
  • You can negotiate. 22% of listings have cut their price, against 17% before the pandemic.
  • Expect to bid over asking. Buyers paid 103.9% of the list price on average; 55% paid over.
  • Move fast on good ones. 58% of homes are under contract within two weeks.
Best time to buy

Fall brings the homes; spring brings the bidding wars

September has the most new listings (about 45 a month), but April is the most competitive: 79% of April sales close over asking. January has the least competition (49%) but only about 24 new listings.

New listings a monthShare sold over asking
011.322.533.84527%53%80%Sweet spotJan: 24 new listings a month, 49% sold over asking, 30 days to sellJFeb: 29 new listings a month, 69% sold over asking, 11 days to sellFMar: 37 new listings a month, 73% sold over asking, 12 days to sellMApr: 37 new listings a month, 79% sold over asking, 11 days to sellAMay: 39 new listings a month, 72% sold over asking, 11 days to sellMJun: 34 new listings a month, 70% sold over asking, 12 days to sellJJul: 30 new listings a month, 67% sold over asking, 14 days to sellJAug: 32 new listings a month, 61% sold over asking, 18 days to sellASep: 45 new listings a month, 67% sold over asking, 16 days to sellSOct: 31 new listings a month, 66% sold over asking, 14 days to sellONov: 19 new listings a month, 57% sold over asking, 14 days to sellNDec: 8 new listings a month, 54% sold over asking, 28 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and hotter than California

San Carlos now2017–192021 peakCA now
Sold over askingShare of sales that closed above the list price55%74%72%36%
Gone within two weeksShare of homes under contract within 14 days58%62%66%31%
Listings with a price cutShare of homes for sale that cut their price22%17%15%24%
Price paid vs. askingAverage sale price ÷ list price103.9%107.1%107.9%99.7%
Days to sellMedian days from listing to contract15151044
Supply

33 homes for sale on a typical day

That’s twice the 2015 low (16), 34% more than in 2017–19 and well under 2020’s 43.

2012: 29 for sale’122013: 20 for sale2014: 21 for sale2015: 16 for sale’152016: 25 for sale2017: 17 for sale2018: 23 for sale’182019: 35 for sale2020: 43 for sale2021: 30 for sale’212022: 38 for sale2023: 37 for sale2024: 29 for sale’242025: 35 for saleLast 12 months: 33 for saleNow
Room to negotiate

1 in 5 listings has cut its price

22% in the last year, against 17% in 2017–19 and 24% across California.

2015: 12%’152016: 21%2017: 13%2018: 16%’182019: 20%2020: 23%2021: 15%’212022: 28%2023: 23%2024: 18%’242025: 24%Last 12 months: 22%Now
Prices by type

Since 2019, houses are up 38%, condos -1%

A house typically sold for $2.7M in the last year (249 sales), a condo for $1.1M (49).

$1.1M$1.7M$2.3M$2.9M2013201520172019202120232025NowHouses 2013: $1.2M, 289 salesHouses 2014: $1.4M, 268 salesHouses 2015: $1.6M, 227 salesHouses 2016: $1.7M, 250 salesHouses 2017: $1.8M, 259 salesHouses 2018: $2M, 259 salesHouses 2019: $2M, 264 salesHouses 2020: $2.1M, 274 salesHouses 2021: $2.4M, 345 salesHouses 2022: $2.6M, 226 salesHouses 2023: $2.3M, 226 salesHouses 2024: $2.4M, 200 salesHouses 2025: $2.6M, 229 salesHouses last 12 months: $2.7M, 249 salesHouses $2.7MCondos 2013: $633K, 61 salesCondos 2014: $653K, 62 salesCondos 2015: $817K, 54 salesCondos 2016: $860K, 53 salesCondos 2017: $872K, 54 salesCondos 2018: $1.1M, 37 salesCondos 2019: $1.1M, 58 salesCondos 2020: $1.2M, 85 salesCondos 2021: $1.1M, 87 salesCondos 2022: $1.1M, 72 salesCondos 2023: $1M, 53 salesCondos 2024: $1M, 45 salesCondos 2025: $1.1M, 51 salesCondos last 12 months: $1.1M, 49 salesCondos $1.1M

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across California

San Carlos ranks 39th of 555 busy California markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. San Carlos is one of the state’s hottest markets.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Before you buy in San Carlos

Five things worth knowing

45

New listings in September

The month with the most choice. December has the fewest, about 8.

Best time to buy
A+

Schools

The schools grade for San Carlos, from test results, graduation and how much students grow.

Schools in San Carlos
25 min

Typical commute

The average one-way trip to work for people who live in San Carlos.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Belmont, Emerald Lake Hills, Redwood City and North Fair Oaks sell for less a square foot

The busier markets within 25 miles of San Carlos, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Redwood City537$1.9M$1,13156%19
San Carlos328$2.4M$1,28255%15
Belmont180$2.2M$1,22764%16
North Fair Oaks75$1.8M$1,15656%34
Emerald Lake Hills47$3.4M$1,20747%166
Highlands29$2.6M$1,40869%17
Baywood Park26$2.8M$1,34673%44

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to San Carlos, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to San Carlos. People who follow the town see it, and so do people comparing San Carlos with their own town. No commission, no listing fee.

Questions about buying a home in San Carlos

What do homes sell for in San Carlos, CA?

328 homes sold in the year to May 2026 at a typical $2.4M, $1,282 a square foot. Houses sold for about $2.7M, condos for about $1.1M.

Is San Carlos a buyer’s or seller’s market?

A seller’s market: 38 homes were for sale in May 2026 and 37 sold, about 1 months of supply. Buyers paid 103.9% of asking on average, and 22% of listings cut their price.

When is the best time to buy in San Carlos?

September brings the most new listings. The sales history shows which months have fewer bidding wars.

Where can I see homes for sale in San Carlos?

Zillow, Redfin, Realtor.com and Homes.com all carry San Carlos’ MLS listings; the search links above open each one filtered to San Carlos.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).