The San Carlos Real Estate Week in Review: 11/09/26
November 9, 2026
The Recap:
If there is any silver lining from last week’s pummeling of the stock market, it’s that home mortgage interest rates not only held steady, but they actually dropped slightly. That is small consolation, however, since it will not overshadow the loss of purchasing power that many buyers experienced as their stock portfolios took a significant haircut, but it does provide hope that rates will remain steady for the remainder of the year. Many experts had predicted we may touch 8% before we close out the year.
As we turn our sights to Fall, this would be a great week to take advantage of more fair weather and prioritize getting your home ready for what is expected to be a wet and wild winter. Simple things like cleaning out your rain gutters and examining your roof for broken shingles can save you a lot of angst down the road. You’ll have a much better chance of getting in touch with a roofing contractor now than after the weather turns. On that note, I have an excellent roofing contractor that I can refer to you. They do roof repairs as well as rain gutters and downspouts. Just reach out to me if you need that contact info.
Have a marvelous week! Here are the numbers from last week’s market in San Carlos:
________________________________________
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, 11/8/2026:| San Carlos SFR Data | 11/8/26 | Previous Week |
|---|---|---|
| Number of Closed Sales: | 4 | 5 |
| Average Sold Price: | $2,860,250 | $2,873,200 |
| Median Sold Price: | $2,778,000 | $2,900,000 |
| Average % Sold vs Orig List Price: | 111% | 117% |
| Average Days Listed of Closed Sales | 8 | 6 |
| Average $/Sq Foot (Sold) | $1,516 | $1,567 |
| Listings Put Under Contract: | 3 | 4 |
| Total Homes Under Contract: | 9 | 9 |
| New Listings: | 5 | 2 |
| Total Active Listings: | 18 | 16 |
| Average Price of Active Listings: | $2,740,158 | $2,986,724 |
| Median Price of Active Listings: | $2,498,500 | $2,725,000 |
| Average Days of Active Listings: | 44 | 51 |
| Average $/Sq Foot (List) | $1,353 | $1,391 |
________________________________________
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 |
|---|---|---|---|---|---|
| 742 Knoll Drive | $3,175,000 | $3,175,000 | $0 (0%) | $1,726 | 0* |
| 2937 Sherwood Drive | $2,806,000 | $2,698,000 | +$108,000 (+4.0%) | $1,116 | 12 |
| 2129 Belmont Avenue | $2,750,000 | $2,499,000 | +$251,000 (+10.0%) | $1,667 | 13 |
| 1051 Hewitt Drive | $2,710,000 | $2,099,000 | +$611,000 (+29.1%) | $1,557 | 6 |
________________________________________
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 |
|---|---|---|
| 137 Oakview Drive | $4,495,000 | 41 |
| 793 Orange Avenue | $2,988,000 | 78 |
| 1020 Inverness Drive | $2,389,000 | 7 |
*Designates that the home was either listed or sold off of the public-facing MLS.
________________________________________
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 |
|---|---|---|---|---|---|
| 711 Tamarack Avenue | $4,850,000 | 4BR/4.5BA | 3,212/6,657 | $1,510 | Thomas James |
| 19 Roslyn Avenue | $2,498,000 | 3BR/2BA | 1,700/6,960 | $1,469 | Compass |
| 179 Garnet Avenue | $2,299,000 | 3BR/2BA | 1,550/6,029 | $1,483 | Compass |
| 1741 Alameda de las Pulgas | $1,449,950 | 2BR/1BA | 930/3,364 | $1,559 | Dumas & Company |
| 1043 Riverton Drive | $1,198,000 | 2BR/1BA | 820/5,000 | $1,461 | Represent |
- 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.
Posted in: