According to Compass, San Francisco home prices continue climbing, with both house and condo values reaching their highest levels since 2022. Strong demand — particularly in the single-family segment — has pushed average sale-to-list ratios well above asking, bringing bidding wars back into the picture. As we move into 2025, market indicators point to ongoing resilience despite rate pressures, setting the stage for another highly competitive year ahead.
The median home price in San Francisco continues to trend upward, reaching approximately $1,800,000 in November 2025 based on the 3-month rolling average — the highest level recorded since 2022. Year over year, this reflects about a 9% increase, while the single-month November data shows an even stronger rise of nearly 15%. The long-term trajectory highlights typical seasonal fluctuations, along with the impact of economic shifts, the pandemic, and tech-driven cycles — yet the overall direction remains consistently upward.
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National and regional statistics are generalities, essentially summaries generated by thousands of unique, individual listings and sales occurring across different market segments. They are best seen not as precise measurements, but as broad, comparative indicators with reasonable margins of error. Anomalous fluctuations in statistics are not uncommon, and last period data should be considered preliminary estimates which may be revised in future updates. Different analytics programs sometimes define standard statistics – such as “active listings,” “days on market,” and “months supply of inventory” – differently: What is most meaningful are not specific numeric calculations but the trends they illustrate. Data from sources deemed reliable, but may contain errors, and subject to revision. All numbers to be considered approximate, and how these analyses apply to any particular property is unknown without a specific comparative market analysis.
Compass is a real estate broker licensed by the State of California operating under multiple entities. License Numbers 01991628, 01527235, 01527365. All material is intended for informational purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.
