Is San Francisco, CA 94104 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

San Francisco is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Not ranked this month. Fewer than 15 sales in the 3-month window, so the numbers can swing too much to compare fairly. How the heat score works

Months of supply6.4Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list95.4%Sold price ÷ list price
Median days on market87Listing to accepted offer
Median price per sq ft$1,114

The San Francisco housing market right now

In the three months ending August 31, 2026, 0% of homes in San Francisco, CA 94104 sold above their list price, the typical home went under contract in 87 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 2 sales, these figures can swing a lot from month to month.

Within San Francisco County, homes here sell more slowly than in 92% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, San Francisco 94122 (92% sold over asking) and San Francisco 94134 (91% sold over asking) are even more competitive.

Nearby markets

San Francisco 94102Seller’s market $963 /sq ftSan Francisco 94103Seller’s market $857 /sq ftSan Francisco 94105Seller’s market $1,200 /sq ftSan Francisco 94107Seller’s market $1,051 /sq ft Browse all markets →

Where San Francisco is

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Questions about San Francisco real estate

Is San Francisco a buyer’s or seller’s market?

A buyer’s market: there were 6.4 months of supply in San Francisco, CA 94104 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in San Francisco?

The typical home went under contract in 87 days in the latest three months.

Do homes in San Francisco sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 95.4% of the list price.

What are property taxes in San Francisco?

About 1.18% of a home’s value a year in San Francisco County, or roughly $4,731 on a $400,000 home.

What is the median home price in San Francisco?

The median sale price was $1,524,340 in the three months ending August 31, 2026, about $1,114 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology