The San Carlos Real Estate Week in Review: 9/28/26
September 28, 2026
The Recap:
Once again, there were some pretty wild swings in the final prices of homes that closed escrow this past week in San Carlos. While one home closed at $374,000 below the asking price, two other homes enjoyed premiums that exceeded $500,000 each. This just underscores how sensitive the market is right now to the attributes, location, and, most importantly, the pricing strategy for selling the home. Not everything is red-hot in San Carlos right now.
Part of the reason for the twitchiness in this market is that home mortgage interest rates have once again breached the 7% mark, which we know is an emotional and financial ceiling for many buyers. As I wrote about in this post last week, however, rising interest rates are not hindering the luxury market in the least. This has created a very divided real estate market.
This is the last week of September and the third quarter of the year. Later this week, I will post an analysis of how 2-26 is looking year-to-date compared to previous years. In the meantime, 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, 9/27/2026:| San Carlos SFR Data | 9/27/26 | Previous Week |
|---|---|---|
| Number of Closed Sales: | 6 | 4 |
| Average Sold Price: | $2,719,833 | $3,234,000 |
| Median Sold Price: | $2,565,000 | $3,465,000 |
| Average % Sold vs Orig List Price: | 110% | 101% |
| Average Days Listed of Closed Sales | 21 | 19 |
| Average $/Sq Foot (Sold) | $1,548 | $1,893 |
| Listings Put Under Contract: | 3 | 3 |
| Total Homes Under Contract: | 8 | 11 |
| New Listings: | 5 | 5 |
| Total Active Listings: | 19 | 16 |
| Average Price of Active Listings: | $3,060,289 | $2,947,156 |
| Median Price of Active Listings: | $2,750,000 | $2,774,500 |
| Average Days of Active Listings: | 36 | 39 |
| Average $/Sq Foot (List) | $1,309 | $1,283 |
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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 |
|---|---|---|---|---|---|
| 1008 Porto Marino Drive | $3,476,000 | $3,850,000 | -$374,000 (-9.7%) | $1,557 | 42 |
| 1030 Elm Street | $3,388,000 | $2,849,000 | +$539,000 (+18.9%) | $1,729 | 8 |
| 1945 Birch Avenue | $2,580,000 | $1,949,000 | +$631,000 (+32.4%) | $1,897 | 10 |
| 2229 Howard Avenue | $2,550,000 | $2,675,000 | -$125,000 (-4.7%) | $1,604 | 51 |
| 388 Ashford Avenue | $2,500,000 | $2,149,000 | +$351,000 (+16.3%) | $1,106 | 6 |
| 2641 San Carlos Avenue | $1,825,000 | $1,698,000 | +$127,000 (+7.5%) | $1,393 | 7 |
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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 |
|---|---|---|
| 20 Robin Way | $2,350,000 | 47 |
| 2720 Debbie Court | $2,388,000 | 12 |
| 126 Kelton Avenue | $2,398,000 | 5 |
*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 |
|---|---|---|---|---|---|
| 137 Oakview Drive | $4,750,000 | 4BR/3BA | 2,513/6,105 | $1,890 | Compass |
| 236 Park Avenue | $3,998,000 | 4BR/3BA | 2,627/4,400 | $1,522 | Christies |
| 4 Tasker Lane | $2,698,000 | 3BR/2BA | 2,130/10,412 | $1,267 | Compass |
| 2937 Sherwood Drive | $2,698,000 | 4BR/2.5BA | 2,515/8,033 | $1,073 | Compass |
| 1051 Hewitt Drive | $2,099,000 | 3BR/2BA | 1,740/8,880 | $1,206 | Coldwell Banker |
- 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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