Is San Francisco, CA 94122 a buyer’s or seller’s market?

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

San Francisco is a seller’s market. With about 0.7 months of supply and 92% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Not ranked this month. Implausible sale to list (134.82), so the numbers can swing too much to compare fairly. How the heat score works

Months of supply0.7Under 4 months = seller’s market
Sold above original list92.4%Share of sales, last 3 months
Median sale-to-list—Sold price ÷ list price
Median days on market13Listing to accepted offer
Median price per sq ft$1,144▲ +19.3% vs. last year

The San Francisco housing market right now

In the three months ending August 31, 2026, 92% of homes in San Francisco, CA 94122 sold above their list price, the typical home went under contract in 13 days and there were 0.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 68 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 77%, homes sold faster (15 days then) and the median sale price rose 20% to $1,886,684. Overall, San Francisco is more competitive than a year ago, so tougher for buyers.

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

Nearby, buyers who want less competition could look at San Francisco 94130 (0% sold over asking) or San Francisco 94104 (0% sold over asking).

Nearby markets

San Francisco 94102Seller’s market $963 /sq ftSan Francisco 94103Seller’s market $857 /sq ftSan Francisco 94104Buyer’s market $1,114 /sq ftSan Francisco 94105Seller’s market $1,200 /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 seller’s market: there were 0.7 months of supply in San Francisco, CA 94122 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 13 days in the latest three months.

Do homes in San Francisco sell over asking?

92% of homes sold above their original 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 $1,886,684 in the three months ending August 31, 2026, about $1,144 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