05/13/2026
Despite all of the headwinds facing our economy right now, including increased fuel prices, inflation concerns, and ongoing global conflicts, the San Carlos real estate market has remained surprisingly strong.
All four homes that closed escrow last week fetched six figure premiums over their respective asking prices, and none of them lasted more than two weeks on the market.
A big reason demand and prices continue to remain high is simply due to the lack of inventory.
Only three new single family homes hit the market last week, while seven homes went under contract. That leaves just 19 single family homes currently for sale heading into this week, right in the middle of what is typically considered the peak of the spring real estate market.
By comparison, Belmont, a city with fewer people and fewer homes than San Carlos, currently has 27 single family homes for sale. It is not often that we see that inversion of inventory, but it is happening right now.
And in case you were wondering, neighboring Redwood City currently has 67 single family homes for sale. That is more expected given that Redwood City is roughly three times the size and population of San Carlos.
If you want a closer look at the data, the full post is up on The White Oaks Blog:
https://www.whiteoaksblog.com/2026/05/11/san-carlos-real-estate-05-11-2026/