Blog > San Carlos Condo and Townhome Prices: Two Years of Sales and How They’ve Moved Since 2012

San Carlos Condo and Townhome Prices: Two Years of Sales and How They’ve Moved Since 2012

by Eric & Janelle Boyenga

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What do condos and townhomes sell for in San Carlos? In the two years to October 27, 2026, 135 condos and townhomes sold in San Carlos, by the MLS records we can read with repeat records removed: 37 townhomes and 98 condos. The typical one sold for $1.24M, or $839 per square foot, and the typical house sold for $2.7M, or $1,408 per square foot. Below: townhomes against condos, prices by bedroom count, and how prices have moved since 2012.

The short answer

  • Townhomes vs. condos: the typical townhome sold for $1.66M (1,990 sq ft, $885 per square foot) and the typical condo for $950K (1,169 sq ft, $821 per square foot).
  • Bidding: 32% of condo and townhome sales closed over the final list price (houses: 63%), and the median sale closed at the list price.
  • Ten years: the median condo and townhome price per square foot went from $698 (two years to Oct. 27, 2016) to $839, up 20%. Houses went from $890 to $1,408, up 58%, over the same years.
  • Since 2018: the yearly median has stayed between $815 (2025) and $938 (2020) per square foot.

Next steps in San Carlos

Townhomes vs. condos

Sales in the two years to Oct. 27, 2026. The listing’s MLS type decides which is which: a townhome usually has its own entrance and no unit above or below, and a condo is a unit in a shared building.

TypeSalesMedian priceMedian sizeMedian $/sq ftMedian sale vs. listSold over asking
Townhomes37$1.66M1,990 sq ft$885at asking49%
Condos98$950K1,169 sq ft$8210.2% under26%
All condos & townhomes135$1.24M1,239 sq ft$839at asking32%
Houses, for comparison458$2.7M1,955 sq ft$1,4083.4% over63%

By bedrooms

Condos and townhomes together. Rows with fewer than 5 sales show only the count.

BedroomsSalesMedian priceMedian sizeMedian $/sq ft
Studio or 1 bedroom10$755K758 sq ft$956
2 bedrooms77$1.03M1,147 sq ft$817
3 bedrooms45$1.57M1,709 sq ft$853
4 or more3———

Condo and townhome prices since 2012

Median price per square foot by year of sale, with houses for comparison.

YearCondo & townhome salesCondo & townhome $/sq ftHouse $/sq ft
201291$421$573
201390$524$692
201490$580$789
201565$710$856
201673$731$917
201772$779$1,004
201853$879$1,104
201982$860$1,064
2020107$938$1,131
2021102$899$1,277
202291$915$1,414
202368$897$1,235
202468$903$1,346
202573$815$1,405
2026 (to Oct. 27)54$910$1,445

Reading it right

  • Monthly HOA dues aren’t in the price. Two units at the same price can cost very different amounts to own, so compare dues and what they cover. Our HOA Lab walks through what to ask for.
  • The mix changes. Newer, larger townhomes selling in one year and older condos in another move the medians, even if no single home changed in value.
  • Price per square foot isn’t comparable to a house. A house price includes its whole lot; a condo comes with a share of common land and a townhome usually with a small lot.
  • Small samples swing. Every row shows its sale count.
  • Past prices aren’t a forecast or the value of any one home.

How we counted

Closed sales reported to the MLS, read through the IDX feeds that power our home search, with repeat records removed (one record per MLS number). Condo and townhome follow the listing’s MLS property type; mobile homes, multi-unit buildings and commercial sales are left out. Price per square foot uses sales with a recorded living area between 400 and 20,000 square feet; sale vs. list uses sales with a final list price.

Go deeper

Our condo vs. house price per square foot post compares the gap in 32 cities. For San Carlos houses, see home prices by neighborhood, 2016 vs. 2026 and where homes sell over asking. How Much Over Asking tracks bidding across the region, and the San Carlos city guide links every neighborhood guide. Across every city we cover: condo and townhome prices, neighborhood by neighborhood.

The San Carlos data series: housing market by the numbers · neighborhoods ranked by price per sq ft · where homes sell over asking · ten years of prices by neighborhood · house prices by bedrooms · houses under $2.5M · houses at $3.5M and up · the best month to sell · the most expensive streets (with Belmont) · lots by neighborhood · San Carlos vs. Belmont

Buying or selling a condo or townhome in San Carlos?

A Property Nerd will pull the recent sales in your complex and the ones like it nearby, and go through the HOA documents with you. Call (408) 373-1660 or (650) 383-8606, or book a strategy call. Commissions are negotiable, and we offer bundled services, so ask us what’s included.

Questions about this post? Ask a Property Nerd.

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