The San Francisco housing market is very competitive. Homes in San Francisco receive 5 offers on average and sell in around 35 days. The median sale price of a home in San Francisco was $1.3M last month, down 7.4% since last year. The median sale price per square foot in San Francisco is $961, up 0.9% since last year.
What is the housing market like in San Francisco today?
In August 2024, San Francisco home prices were down 7.4% compared to last year, selling for a median price of $1.3M. On average, homes in San Francisco sell after 35 days on the market compared to 38 days last year. There were 370 homes sold in August this year, up from 339 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,277,500
-7.4% YoY | Aug 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Aug 2024
Growth
% YoY
San Francisco, CA
$1,277,500
-7.4%
United States
To compare other locations to the San Francisco and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. San Francisco's median sale price is 195% higher than the national average. Overall cost of living in San Francisco is 70% higher than the national average. Learn which home features in San Francisco add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
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How hot is the San Francisco housing market?
San Francisco is very competitive. Homes sell in 27 days.
0
100
73
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 6% above list price and go pending in around 27 days.
Hot homes
can sell for about 15% above list price and go pending in around 13 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for San Francisco
Explore recent offers and recently sold homes in San Francisco
Recent offers
Winning Offer|
11 Weeks Ago
~$3.5M Offer
5bd | 4.5ba | ~4,000sqft
Under List Price
4%
Days on Market
98
Competing Offers
1
Down Payment
<10%
Sabina Girsh
San Francisco Redfin Agent
Offer Not Accepted|
9 Weeks Ago
~$1.5M Offer
Sold for $1.5M
2bd | 1ba | ~1,750sqft
Over List Price
3%
Days on Market
10
Competing Offers
3
Down Payment
~20%
Lucy Goldenshteyn
San Francisco Redfin Agent
Offer Not Accepted|
9 Weeks Ago
~$1.25M Offer
Sold for $1.25M
3bd | 4.5ba | ~2,000sqft
Over List Price
22%
Days on Market
25
Competing Offers
11
Down Payment
~30%
Frank J. Vettese III
San Francisco Redfin Agent
Offer Not Accepted|
10 Weeks Ago
~$1.25M Offer
Sold for $1.5M
6bd | 4ba | ~2,500sqft
Over List Price
4%
Days on Market
13
Competing Offers
5
Down Payment
~20%
Noah Manning
San Francisco Redfin Agent
There were a total of 6 offers. My clients offer was above the list price and non-contingent. There were several other offers that were also non-contingent and higher in price. …
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on San Francisco housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in San Francisco.
Flood Factor - Major
8% of properties are at risk of severe flooding over the next 30 years
Flood Factor
San Francisco has a major risk of flooding. 6,192 properties in San Francisco are likely to be
severely affected
by flooding over the next 30 years. This represents 8% of all properties in San Francisco. Flood risk is increasing slower than the national average.
21% of properties are at risk of wildfire over the next 30 years
Fire Factor
San Francisco has a moderate risk of wildfire. There are 32,887 properties in San Francisco that have some risk of being affected by wildfire over the next 30 years. This represents 21% of all properties in San Francisco.
San Francisco has minimal risk of severe winds over the next 30 years
Wind Factor
San Francisco has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.