The San Carlos Real Estate Week in Review: 8/10/26

August 10, 2026

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The Recap:

Summer vacations are drawing to a close as a number of schools start their new school year this coming week. Once that dust settles, the fall real estate market will get underway in San Carlos and in other communities along the Peninsula.

The fall market differs from the spring market primarily because it's far more condensed, lasting only 2.5 months compared to twice that amount in the spring. That means the timing of listing a property has to be far more precise — not too early to get lost in the back-to-school rush, but also not too late so that it's still on the market when November comes knocking. If the historical pattern repeats itself, you should expect a pretty solid surge of new listings just after Labor Day weekend.

The big challenge facing all listings this fall will be, once again, interest rates. The benchmark mortgage interest rates have quietly crept back up to heights that we haven't seen in over a year, and it appears that there's nothing imminently happening in our economy that's going to reverse this trend.

I personally plan to beat the fall rush and the increase in interest rates by unveiling a beautiful four-bedroom home in the Alder Manor neighborhood next week. More details to follow!

Enjoy the amazing weather this week! Here are the numbers from last week's market in San Carlos:

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At A Glance

This is a high-level view of the market performance for single-family residences (SFR's) in San Carlos. This data is for the 7 days ending Sunday, 8/9/2026:
San Carlos SFR Data8/9/26Previous Week
Number of Closed Sales:64
Average Sold Price:$3,122,167 $2,992,500
Median Sold Price:$3,400,000 $2,955,000
Average % Sold vs Orig List Price:104%103%
Average Days Listed of Closed Sales98
Average $/Sq Foot (Sold)$1,459$1,524
Listings Put Under Contract:63
Total Homes Under Contract:2117
New Listings:75
Total Active Listings:1819
Average Price of Active Listings:$2,768,160$2,794,310
Median Price of Active Listings:$2,748,500 $2,199,000
Average Days of Active Listings:2838
Average $/Sq Foot (List)$1,385$1,398

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San Carlos Single-Family Homes Sold

Below is a list of the single-family home contracts that closed escrow this past week in San Carlos. Click on the address of each home to see more details and photos:
AddressSold PriceOrig. ListOver/Under List$/sq footDays Listed
1877 Elizabeth Street$4,008,0003,999,950+$8,050 (+0.2%)$1,27410
1963 Eucalyptus Avenue$3,925,0003,600,000+$325,000 (+9.0%)$1,8327
3481 La Mesa Drive$3,500,0002,998,000+$502,000 (+16.7%)$1,4667
1382 Geneva Avenue$3,300,000$3,300,000$0 (0%)$1,6420*
2101 Brittan Avenue$2,300,000$2,395,000-$95,000 (-4.0%)$84920
1035 Cherry Street$1,700,000$1,700,000$0 (0%)$1,5127

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San Carlos Single-Family Homes Pending Sale

The following single-family homes were put under contract in San Carlos last week. Click on the address of each home to see more details and photos:
AddressList PriceDays Listed
130 Lynton Avenue$2,998,00013
13 Del Rey Court$1,748,0007
2704 Brittan Avenue$1,850,00050
69 Hilltop Drive$4,750,00091
2000 Howard Avenue$1,999,8887
1029 Lupin Way$1,998,00076

*Designates that the home was either listed or sold off of the public-facing MLS.

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New San Carlos Single-Family Home Listings

Below are the new listings that hit the MLS this past week in San Carlos. Click on the address of each home to see more details and photos:
AddressList PriceBR/BASq Ft (home/lot) $/Square FootListed By
549 Emerald Avenue$2,999,8883BR/2.5BA2,041/5,500$1,470Coldwell Banker
300 De Anza Avenue$2,995,0005BR/4BA3,110/8,413$963Compass
886 Heather Drive$2,698,0004BR/3.5BA2,235/13,425$1,207Christies
20 Robin Way$2,450,0003BR/3BA1,855/5,100$1,321Cal-West
2164 Brittan Avenue$2,295,0004BR/2.5BA1,815/5,000$1,265Compass
131 Rockridge Road$1,888,0003BR/2BA1,370/5,362$1,370Veritas
230 Park Avenue$1,800,0002BR/1BA1,150/4,403$1,565Bay Area Property Management

  • Disclaimer: The “San Carlos Week in Review” series is a summary of new listings and home sales in San Carlos for the prior week. The data provided in this report is strictly for informational purposes only, and should not imply that the author was involved in either side of the transaction unless explicitly stated otherwise. The source of this data is the Multiple Listing Service (MLS), so the author is in no way responsible for the accuracy of the data from this source.

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