Is San Francisco County, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, San Francisco County has remained a Seller's Market.
Key Takeaway
San Francisco County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in San Francisco County, CA
How much do homes in San Francisco County, CA cost?
Median Sold Price
$1,400,206
$950/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
The sold price of homes in San Francisco County has remained the same since last year.
Summary: The median home sold price in San Francisco County was $1,400,206 in June 2024, up 0.4% from last year, and the median price per square foot was $950.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $750K | $725K | -3.3% |
| 2 Bedrooms | $1.2M | $1.2M | -2.0% |
| 3 Bedrooms | $1.5M | $1.5M | 0.3% |
| 4 Bedrooms | $1.9M | $2.0M | +4.8% |
| 5+ Bedrooms | $2.2M | $2.2M | -4.0% |
Summary: San Francisco County housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.3%, 2 bedroom homes decreased by 2%, 3 bedroom homes increased by 0.3%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes decreased by 4%.
Median Sold Price Compared To Nearby Counties
| Alameda County | $1.0M | $1.1M | +8.0% |
| San Mateo County | $1.5M | $1.6M | +5.5% |
| Marin County | $1.4M | $1.4M | +2.1% |
| San Francisco County | $1.3M | $1.4M | 0.4% |
Housing Supply in San Francisco County, CA
How many homes are available in San Francisco County, CA?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 2,000 | 1,790 | -10.5% |
Summary: The San Francisco County real estate market had 1,790 homes for sale in June 2024, a 10.5% decrease compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 363 | 342 | -5.8% |
| 2 Bedrooms | 646 | 568 | -12.1% |
| 3 Bedrooms | 495 | 418 | -15.6% |
| 4 Bedrooms | 258 | 241 | -6.6% |
| 5+ Bedrooms | 238 | 221 | -7.1% |
Summary: The San Francisco County housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 5.8%, 2 bedroom homes decreased by 12.1%, 3 bedroom homes decreased by 15.6%, 4 bedroom homes decreased by 6.6%, and 5+ bedroom homes decreased by 7.1%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 493 | 355 | -28.0% |
Asking Price vs. Sold Price
114 Homes Were Sold
Under Asking
41 Homes Were Sold
At Asking
198 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in San Francisco County, you could pay more than the asking price. 56.1% of homes here sold above asking price last month.
Summary: A total of 355 homes were sold or pending in San Francisco County in June 2024, down by 28.0% month-over-month. Of the 353 sold homes, 32% were sold under asking, 12% were sold at asking, and 56% were sold over asking.
Days on Market for San Francisco County, CA
How long does it take to sell a home in San Francisco County, CA?
Average Sale Time
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 51 Days | 41 Days | -20.5% |
Summary: Homes in San Francisco County had an average of 41 days on market in Jun 2024, down by 20.5% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in San Francisco County are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 355 homes were sold in San Francisco County; 6% of homes were sold within 30 days, 2% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.
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