Highlights from our Monthly Reports

 San Francisco Market Analysis

The average selling price in June for all single family homes in San Francisco fell to $2,131k compared to $2,417k in May.  The number of sales, days-on-market, and premium were mostly unchanged.

The premium (selling price vs listing price) for a 2 bedroom, 1 bath single family home was down from $118k to $114k.  The number of sales was down to 21 in June from 31 the previous month. The avgerage selling price was down 3% to $1,224 from $1,265 the previous month

The number of sales of 3 bedroom, 2 bath single family homes was unchanged.  The average selling price was down to $1,622k compared to $1,803k the previous month.  The premium rose to 117% compared to 113% in May.

For condos, average selling prices were down across the board compared to May while days-on-market have increased. The number of units for sale is up except for 2 bedroom, 2 bathroom units.

Overall, condo inventory (units on the market) is down by 23% compared to May.  For single family homes inventory is down 18% compared to May.

 Condos vs TICs

In the first six months of the year TICs sold for $66k - $175k less than a comparable condo.  The exception is 1 bedroom, 1 bath units where TICs are selling for $41k more than the comparable condo.

 San Francisco Fundamentals

Compared to a year ago, the average selling price of a 2 bedroom, 1 bath single family home dropped $147,000 ($1,224,000 vs $1,371,000).  In June 2025 buyers paid 14% over asking compared to 24% over asking in June 2024.

Also compared to a year ago, the number of condo sales was up 33%.  Average selling prices were down slightly by $4,000 although 2 bedroom, 2 bath condos sold for $109,000 more in June 2025 than a year ago ($1,265,000 vs $1,156,000).  

Highlights of monthly reports for April

Single Family Homes in San Francisco

Compared to March:

• 2/1 single family home sales about the same number as March.  Avg selling price was down slightly.  DOM up slightly.  Premium down slightly to 119% of asking price.

• 3/2 single family homes -- big jump in number of sales -- 52 (double compared to March).  Avg selling price down 6%. DOM dropped to 16 compared to 21 the previous month.

• All sales of single family homes: 214 compared to 177 in March (up over 20%); avg selling price down 11%; DOM up to 23 compared to 20 in March.

All Residential Sales

Compared to a year ago:

• Total number of residential sales (single family homes, condos, TICs, co-ops) was down 5% compared to April last year.  But sales are up 5% for the first four months of the year compared to the same period last year.  

• Overall, residential sales are currently at pre-pandemic levels.  

• Average sales prices for 3/2 single family homes was $1,648k in April, 8% below the all time high in 2022 of $1,773k.  (The average selling price of all single family homes in April was $2,164k -- a reminder to be cautious when talking about average selling prices).

Condos/TICs in San Francisco

• 46 1/1 condos/TICs sold in April, the same as March with an average selling price of $747k -- 12% higher than March but still well off the high average selling price in 2019 which was $871k.

• 64 2/2 condos/TICs sold in April, up slightly from March, but with an average selling price of $1,244k which was lower by 3% compared to March.  The highest average selling  price for 2/2 condos was achieved in 2019 at $1,463k.