San Francisco, CA metro area Housing Market

Warm 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: January 2026

Median Sale Price

$1.39M

0.1% YoY

Days on Market

38 days

25.5% YoY

Active Inventory

1,100

25.6% YoY

Homes Sold

444

11.6% YoY

Warm Market

The market is active with moderate buyer demand.

San Francisco, CA metro area Market Summary

The San Francisco, CA metro area housing market is heating up. As of January 2026, the median home sale price is $1.39M, up 0.1% year-over-year. Homes are spending a median of 38 days on the market, 25.5% shorter than a year ago.

There are 1,100 homes for sale — 25.6% fewer than last year. With 2.5 months of supply, this is a seller's market. 974 new listings were added during this period, down 7.7% year-over-year.

Homes are selling for 103.2% of their list price on average, indicating buyers are paying above asking. 45.7% of homes sell above their asking price. 11.6% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

48

Contributing Factors

Months of Supply 2.5
Days on Market 38
Price Drops 11.6%
Sale-to-List Ratio 103.2%
Market Temperature Warm

How This Market Compares

vs. National Median

Median Price (National: $423K) 228.1%
Days on Market (National: 66) 42.4%
Inventory (National: 1,210,379) 99.9%

vs. California Median

Median Price (California: $780K) 77.9%
Days on Market (California: 60) 36.7%

Investor Takeaway

Prices are 228% above the national median. Focus on rent-to-price ratios to ensure deals still cash flow.

San Francisco, CA metro area Market Trends

Median Sale Price

Median Days on Market

Active Inventory

Homes Sold

Price per Square Foot

Sale-to-List Ratio

New Listings

Listings with Price Drops

Detailed Market Metrics

Median List Price

$1.40M

Price per Sq Ft

$923

Sale-to-List Ratio

103.2%

Months of Supply

2.5

Sold Above List

45.7%

Price Drops

11.6%

New Listings

974

7.7% YoY

Pending Sales

509

Off Market in 2 Weeks

58.0%

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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.