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.
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
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
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
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.