San Francisco Prices Hit Records, Buyers Feel the Squeeze
What Are San Francisco Home Prices Right Now? For years, many economic experts have said, ad nauseam, that San Francisco prices are out of control. How far San Francisco home prices have climbed is evident in the latest citywide medians. The median snapshot for all home types sits near $1.5M, about 10% higher year over year. With inventory now topping 7,000 listings , buyers are seeing less urgency and more price cuts than in prior years. Single-family houses run about $1.7M, while condos are near $1.15M. Pricing pressure shows in $976 per square foot, up 7.7%. Looking ahead, Compass expects 2026 could be San Francisco’s hottest market since 2019. Price Bands Split the Market A separate 2025 cut posted a $1.8M median, up 12.6%, reflecting more $2M plus closings. District 7 houses reached a $6M median, about 20% higher than 2024 and roughly 3.5 times the citywide house median. Listings moved in about 25 days and drew roughly four offers, underscoring constrained supply. Standard homes...