The San Carlos Real Estate Week in Review: 10/5/26
October 5, 2026
The Recap:
Remind me, who said summer was over? This past weekend was a cruel reminder for those older homes that don't have air conditioning. But that in itself is one of the benefits of living in a region with such wonderful weather — you just don't need A/C that often.
Speaking of hot, last week I tallied up the stats for the first three quarters of 2026 in the San Carlos real estate market, and the numbers were indeed cooking. Higher home prices and an increase in closed sales pushed the overall revenue up a remarkable 19% from this time just last year. Our local market is continuing a strong rebound from the most recent trough that occurred in 2024.
The rate at which interest rates are forecast to climb may put a damper on this rally, but we won't know until we have a few more quarters to analyze. Much of the growth above was in a world of high-6% rates, so the San Carlos market has proven that it has resiliency to interest rate fluctuations. We'll just have to see how high it can tolerate, since we could be heading toward rates that we have not seen in about three years.
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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