The San Carlos Real Estate Week in Review: 2/9/26

The Recap:

The last impediment to the launch of the spring real estate market — The Super Bowl — is finally out of the way, and this one would be more aptly named The Snoozer Bowl. Everything was great except for the actual football game itself! Traditionally, sellers and agents have opted to wait until after Super Bowl Sunday to list their home, but I have long been a proponent of not waiting. The sales activity in January is always brisk because there are so few listings to choose from, and buyers are charging into the new year ready to buy. Let's see if we get the normal post-Super Bowl listing surge in the coming weeks.

There was no consistency with the homes that closed escrow this past week. Of the seven sales, four of them garnered huge 6-figure upsides while two of them took 6-figure haircuts. One home sold before it hit the market, while three of the others were on the market for 2-3 months before they found a buyer. As we enter this week, there are only 11 single-family homes for sale in San Carlos. A few of them are new listings, while at least three of them are carry-overs from last year, which means we are still not experiencing an improvement in activity from last year, at least not yet.

Last week, I spotlighted some of the cool, boutique coffee shops that are part of the downtown San Carlos scene. Clearly, and quite comically, one of those shops got the word out about the post and “stuffed the ballot box”, for lack of a better term. It's a great coffee shop, and they deserve the business and the additional recognition. But bravo to their network of loyal fans!

Here are the numbers from last week's market:

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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 days ending Sunday 2/8/2026:

San Carlos SFR Data	2/8/26	Previous Week
Number of Closed Sales:	7	1
Average Sold Price:	$2,707,143	$2,880,000
Median Sold Price:	$2,800,000	$2,880,000
Average % Sold vs Orig List Price:	105%	107%
Average Days Listed of Closed Sales	35	7
Average $/Sq Foot (Sold)	$1,262	$881
Listings Put Under Contract:	3	3
Total Homes Under Contract:	7	10
New Listings:	3	5
Total Active Listings:	11	11
Average Price of Active Listings:	$3,540,905	$3,754,727
Median Price of Active Listings:	$2,849,000	$2,798,000
Average Days of Active Listings:	20	14
Average $/Sq Foot (List)	$1,151	$1,240

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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
58 Hillcrest Road	$3,550,000	$3,680,000	-$130,000 (-3.5%)	$965	96
828 Cordilleras Avenue	$3,100,000	$2,498,000	+$602,000 (+24.1%)	$1,535	6
87 Exeter Avenue	$2,850,000	$2,750,000	+$100,000 (+3.6%)	$1,094	3
1621 Elm Street	$2,800,000	$2,695,000	+$105,000 (+3.9%)	$1,573	12
151 Highland Avenue	$2,700,000	$2,700,000	$0 (0%)	$1,122	0*
574 Wellington Drive	$2,350,000	$2,050,000	+$300,000 (+14.6%)	$1,433	61
80 Hilltop Drive	$1,600,000	$1,898,000	-$298,000 (-15.7%)	$1,132	64

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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
313 Clifton Avenue	$3,748,000	3
1316 Rosewood Avenue	$2,798,000	5
915 Crestview Drive	$2,798,000	9

*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
150 Winding Way	$2,988,000	4BR/3.5BA	3,900/6,090	$766	Walsh Properties
103 Northam Avenue	$2,849,000	4BR/4BA	2,670/9,775	$1,067	Sothebys
1385 Elm Street	$1,499,950	3BR/2BA	1,760/6,110	$852	Intero

• 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.