The San Carlos Real Estate Week in Review: 9/21/26
September 21, 2026
The Recap:
Today marks the final day of summer, and it sure felt like it outside over the weekend. It's also only six weeks until we turn the clocks back and it gets dark earlier. That change, along with the coming of Thanksgiving, has a definite dampening effect on the local real estate market. It doesn't help matters that home mortgage interest rates inched up again last week, with the average 30-year fixed-rate mortgage now sitting over 7%. More on that later this week.
Home sellers who currently have their home on the market and those who are still thinking of listing this year should have the Halloween weekend circled on their calendar as a good goal to have their home under contract, because the activity level historically drops when the calendar hits November.
Last week on the blog, I wrote a post about San Carlos Measure G, the upcoming sales tax initiative on the November ballot, and the post included a poll to see which way readers were leaning. So far, the poll results are overwhelmingly against the proposed tax. If you haven't registered your vote on the poll, please do so!
Have a great Fall 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-day period ending Sunday, 9/20/2026:| San Carlos SFR Data | 9/20/26 | Previous Week |
|---|---|---|
| Number of Closed Sales: | 4 | 4 |
| Average Sold Price: | $3,234,000 | $3,220,250 |
| Median Sold Price: | $3,465,000 | $3,335,000 |
| Average % Sold vs Orig List Price: | 101% | 106% |
| Average Days Listed of Closed Sales | 19 | 25 |
| Average $/Sq Foot (Sold) | $1,893 | $1,546 |
| Listings Put Under Contract: | 3 | 1 |
| Total Homes Under Contract: | 11 | 12 |
| New Listings: | 5 | 2 |
| Total Active Listings: | 16 | 14 |
| Average Price of Active Listings: | $2,947,156 | $2,796,714 |
| Median Price of Active Listings: | $2,774,500 | $2,624,500 |
| Average Days of Active Listings: | 39 | 49 |
| Average $/Sq Foot (List) | $1,283 | $1,200 |
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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 |
|---|---|---|---|---|---|
| 116 Wilshire Court | $4,050,000 | $3,880,000 | +$170,000 (+4.4%) | $1,375 | 5 |
| 2033 San Carlos Avenue | $3,540,000 | $4,250,000 | -$710,000 (-16.7%) | $2,529 | 48 |
| 48 Williams Lane | $3,390,000 | $2,998,000 | +$392,000 (+13.1%) | $1,832 | 9 |
| 131 Rockridge Road | $1,956,000 | $1,888,000 | +$68,000 (+3.6%) | $1,837 | 12 |
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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 |
|---|---|---|
| 2872 Roland Avenue | $2,398,000 | 27 |
| 34 Cottage Lane | $1,595,000 | 107 |
| 334 Oakview Drive | $2,099,000 | 34 |
*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 |
|---|---|---|---|---|---|
| 3291 Melendy Drive | $3,250,000 | 5BR/3.5BA | 3,344/9,875 | $972 | Guide |
| 515 Prospect Street | $2,899,500 | 4BR/2.5BA | 2,630/6,298 | $1,102 | Compass |
| 778 Elm Street | $2,750,000 | 4BR/2BA | 2,139/7,750 | $1,286 | Christies |
| 768 Elm Street | $2,750,000 | 3BR/2BA | 1,550/7,750 | $1,774 | Christies |
| 126 Kelton Avenue | $2,398,000 | 4BR/2BA | 1,610/4,560 | $1,489 | Morgan |
- 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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