While much of the nation is shifting toward buyer-friendly conditions, San Francisco is charting its own course. The city’s housing market remains one of the most competitive in the country — energized by new tech wealth, limited inventory, and a surge of confidence returning to the Bay. With demand outpacing supply and homes moving faster than before, sellers are finding themselves in a strong position heading into fall.
According to the TheRealDeal, 662 single-family homes sold across the metro area last month, with a median list price near $1.3 million. Homes spent a median of 42 days on the market, underscoring just how quickly well-priced properties are being snapped up. Even with nearly 500 new listings coming online recently, buyer interest remains relentless — and price reductions are less common here than across California as a whole.
The Luxury Effect
At the upper end of the market, competition has become especially fierce. Luxury listings are attracting multiple offers within days, as a new wave of AI-driven wealth fuels intense demand. “The city is just flush with cash right now — and there’s not enough inventory to keep up with it,” notes Peter Rodway of Neal Ward Properties. From $2 million condos to $20 million estates, today’s buyers are moving quickly to secure prime San Francisco addresses before prices climb higher.
Opportunities for Sellers and Smart Buyers
This powerful combination of low inventory and rising demand continues to shape San Francisco’s seller-favored landscape. For homeowners considering listing, market conditions remain ideal — motivated buyers, limited supply, and sustained confidence. For buyers, preparation and expert guidance are key: acting decisively and creatively can still open doors in one of the nation’s most dynamic real-estate markets.
Bottom Line:
San Francisco’s housing market remains a standout — competitive, cash-rich, and resilient. Whether you’re thinking about selling to capitalize on strong demand or buying to secure a foothold before prices rise, now is the time to plan your next move. I’d be happy to help you navigate this fast-moving market with insight, strategy, and local expertise.
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Source: therealdeal.com
