Most sellers assume the top of the San Francisco market is where the bidding wars happen. The data says the opposite. In 2025, San Francisco homes that closed at $3 million and above sold for an average of 96.05% of list price. Not above asking. About
Executive Summary: The recent Federal Housing Finance Agency House Price Index showed 2.5 percent first-quarter year-over-year depreciation in the San Francisco metropolitan division, which includes San Francisco and San Mateo counties. Other sources that use similar methodology show no price change for the same period,
The median sales price for a single-family home in the Bay Area rose to almost $900,000 in May, with all nine counties reporting year-over-year appreciation. Inventory declined in all nine Bay Area counties from one year ago. Statewide, new listings dropped for the 23rd
Executive Summary: The Bay Area housing market heated up again in May, pushing home prices 7 percent higher year over year. San Mateo and Marin counties saw the biggest jumps in median prices in, at 13 percent. Buyer competition is back; homes sold in less