San Francisco Real Estate February 2026 Market Report

According to Compass, San Francisco’s housing market continues to defy national trends, with median home prices surging amid record-low supply and high demand driven by the AI startup boom. Both single-family homes and condos are selling quickly, often in competitive bidding wars, while rents climb as tech workers flock to the city. With interest rates near multi-year lows and strong local wealth, our team anticipates a highly active spring market starting as early as February.

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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.

0001Todd Wiley - Print © Bowerbird Photography 2016
CalBRE# 01410925

Todd Wiley

“What I’ve loved about having Todd as a realtor is that it’s not just about the current transaction, but it’s about the partnership he’s cultivated with me over time.” Zack B., Buyer and Seller

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CalBRE# 01964194

Kim Wiley

“Kim's knowledge and network eventuated in getting a great deal on a fantastic place. She is extremely well-liked and connected in the San Francisco market and brought a calm, reassuring energy to every step of the process. We can't thank her enough for helping make a dream come true for us.” —Kristen G., Buyer

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