San Francisco, CA metro area Housing Market

Hot Market

Comprehensive housing market data for the San Francisco, CA metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: March 2026

Median Sale Price

$1.72M

14.4% YoY

Days on Market

13 days

18.7% YoY

Active Inventory

1,619

17.8% YoY

Homes Sold

906

5.6% YoY

Hot Market

Homes are selling quickly with strong competition among buyers.

San Francisco, CA metro area Market Summary

The San Francisco, CA metro area housing market is heating up. As of March 2026, the median home sale price is $1.72M, up 14.4% year-over-year. Homes are spending a median of 13 days on the market, 18.7% shorter than a year ago.

There are 1,619 homes for sale — 17.8% fewer than last year. With 1.8 months of supply, this is a seller's market. 1,436 new listings were added during this period, up 9.0% year-over-year.

Homes are selling for 108.9% of their list price on average, indicating buyers are paying above asking. 68.0% of homes sell above their asking price. 18.2% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

26

Contributing Factors

Months of Supply 1.8
Days on Market 13
Price Drops 18.2%
Sale-to-List Ratio 108.9%
Market Temperature Hot

How This Market Compares

vs. National Median

Median Price (National: $437K) 293.9%
Days on Market (National: 55) 76.4%
Inventory (National: 1,314,690) 99.9%

vs. California Median

Median Price (California: $855K) 101.1%
Days on Market (California: 37) 64.9%

Investor Takeaway

This is a highly competitive market. Be prepared to move quickly and potentially offer above asking price. Prices are 294% above the national median. Focus on rent-to-price ratios to ensure deals still cash flow.

San Francisco, CA metro area Market Trends

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Detailed Market Metrics

Median List Price

$1.49M

Price per Sq Ft

$1105

Sale-to-List Ratio

108.9%

Months of Supply

1.8

Sold Above List

68.0%

Price Drops

18.2%

New Listings

1,436

9.0% YoY

Pending Sales

1,052

Off Market in 2 Weeks

59.9%

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Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.