The San Carlos Real Estate Week in Review: 8/30/26
August 31, 2026
The Recap:
The Homes Sold table below is symbolic of what was an unusually active summer in the San Carlos real estate market. Not only were there eleven homes that closed their sales last week, but there were some really wild swings in the prices paid for some of these homes. Six of those eleven homes fetched premiums of at least $300,000 over their respective asking prices, with one blowing its number out by over $900,000!
And then on the opposite end of the spectrum, two of eleven homes needed six-figure haircuts in order to close their respective deals. Like I said, it was a wild week.
This would have been considered a very active week in the San Carlos market for any week of the year, let alone over this span of the summer. All of those homes that closed last week were put under contract in either late July or early August, which has historically been a slow stretch since home buyers are usually focused on finishing vacations and getting their kids situated in school.
There were also seven new homes that were listed last week, which brought the total inventory up to 20 homes, and it seems to be an indicator that we are in for a busy fall market as we head out of August and into September. My open house at 2872 Roland Avenue was very busy on both weekends that I had it open, which tells me there are a lot of motivated and intentional buyers in the market right now.
Last week, I wrote a piece about Senate Bill 79, which essentially fast-tracks multi-residential towers within 1/4 mile of any major transit hub. While it's easy to think “that can't happen here,” there's already a SB 79 application for a large townhouse complex in, of all places, Atherton. Here's to hoping there are no negative impacts to those homes that are close to the San Carlos Caltrain station.
Enjoy the last day of August. Bring on September! 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-day period ending Sunday, 8/30/2026:| San Carlos SFR Data | 8/30/26 | Previous Week |
|---|---|---|
| Number of Closed Sales: | 10 | 6 |
| Average Sold Price: | $2,290,695 | $2,886,667 |
| Median Sold Price: | $2,302,500 | $2,800,000 |
| Average % Sold vs Orig List Price: | 111% | 97% |
| Average Days Listed of Closed Sales | 20 | 36 |
| Average $/Sq Foot (Sold) | $1,438 | $1,264 |
| Listings Put Under Contract: | 7 | 2 |
| Total Homes Under Contract: | 11 | 16 |
| New Listings: | 7 | 4 |
| Total Active Listings: | 20 | 17 |
| Average Price of Active Listings: | $2,778,550 | $2,927,294 |
| Median Price of Active Listings: | $2,662,500 | $2,845,000 |
| Average Days of Active Listings: | 32 | 33 |
| Average $/Sq Foot (List) | $1,314 | $1,377 |
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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:| Address | Sold Price | Orig. List | Over/Under List | $/sq foot | Days Listed |
|---|---|---|---|---|---|
| 886 Heather Drive | $3,635,000 | $2,698,000 | +$937,000 (+34.7%) | $1,626 | 6 |
| 2164 Brittan Avenue | $2,600,000 | $2,295,000 | +$305,000 (+13.3%) | $1,433 | 7 |
| 937 Mccue Avenue | $2,500,000 | $2,198,000 | +$302,000 (+13.7%) | $1,863 | 5 |
| 3020 Brittan Avenue | $2,460,000 | $1,998,000 | +$462,000 (+23.1%) | $1,323 | 7 |
| 2000 Howard Avenue | $2,455,000 | $1,999,888 | +$455,112 (+22.8%) | $1,659 | 7 |
| 2529 Howard Avenue | $2,150,000 | $2,150,000 | $0 (0%) | $2,263 | 0* |
| 2704 Brittan Avenue | $2,150,000 | $1,999,850 | +$150,050 (+7.5%) | $1,319 | 50 |
| 13 Del Rey Court | $2,125,000 | $1,748,000 | +$377,000 (+21.6%) | $1,174 | 7 |
| 1545 Alameda de las Pulgas | $1,699,000 | $1,799,000 | -$100,000 (-5.6%) | $1,075 | 29 |
| 1385 Elm Street | $1,182,950 | $1,499,950 | -$317,000 (-21.1%) | $672 | 81 |
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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:| Address | List Price | Days Listed |
|---|---|---|
| 125 Sunnydale Avenue | $2,799,000 | 12 |
| 2641 San Carlos Avenue | $1,698,000 | 7 |
| 116 Wilshire Court | $3,880,000 | 5 |
| 2033 San Carlos Avenue | $3,988,000 | 48 |
*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:| Address | List Price | BR/BA | Sq Ft (home/lot) | $/Square Foot | Listed By |
|---|---|---|---|---|---|
| 3138 La Mesa Drive | $3,000,000 | 4BR/2.5BA | 2,350/9,091 | $1,277 | Guide |
| 48 Williams Lane | $2,998,000 | 4BR/2BA | 1,850/6,959 | $1,621 | Sothebys |
| 1030 Elm Street | $2,849,000 | 3BR/2BA | 1,960/6,000 | $1,454 | Christies |
| 76 Coronado Avenue | $2,495,000 | 4BR/3BA | 2,015/21,068 | $1,238 | Compass |
| 145 Dolton Avenue | $2,398,000 | 3BR/2BA | 1,770/7,825 | $1,354 | Christies |
| 388 Ashford Avenue | $2,149,000 | 4BR/3BA | 2,260/10,096 | $951 | Coldwell Banker |
| 1005 Hall Street | $1,799,000 | 2BR/1BA | 910/4,370 | $1,977 | Christies |
- 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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