San Francisco Real Estate Market Update – August 2025 | Trends, Prices & Neighborhood Insights
San Francisco Real Estate Market Update – August 2025
Your Local Market Insights from Richard Valdez Real Estate
As we move through the final weeks of summer, the San Francisco real estate market is showing its classic seasonal patterns—slower activity in July following a high-energy spring. But despite this cooldown, the market remains competitive, especially for single-family homes, where tight inventory and strong demand continue to drive up prices.
Whether you're a buyer, seller, or investor, understanding the latest market trends in San Francisco can help you make smart, timely decisions.
Single-Family Homes: Still a Strong Seller’s Market
Despite the summer lull, single-family homes in San Francisco remain in high demand, especially in sought-after neighborhoods like Noe Valley, Sunset, and Richmond/Lake Street.
Here’s what’s happening in the market:
Median Sales Price: $1,633,000 (+2.1% year-over-year)
Median Days on Market: 14 days (just 1 day longer than last year)
Price per Sq Ft: $998 (+1.1% YoY)
Active Listings: 185 homes (-2.6% YoY)
Pending Sales: 160 homes (-14.0% YoY)
Closed Sales: 189 homes (-9.1% YoY)
Over Asking Sales: 70% of homes sold above list price
Average Sale-to-List Ratio: 112.2%
Months Supply of Inventory (MSI): 1.0 — firmly in seller’s market territory
Neighborhood Highlights – Single-Family Homes
Sunset: $1,600,000 | Homes selling at 121.9% of asking
Noe Valley: $2,900,000 | 108.8% of list price
Richmond / Lake Street: $2,055,000 | 115.7% of list price
Insight: Tight inventory means sellers are still in the driver’s seat, and well-priced homes in desirable neighborhoods are attracting multiple offers.
Condos in San Francisco: A Softer, Stabilizing Market
The San Francisco condo market experienced a deeper seasonal slowdown, but signs of stabilization are emerging as inventory shrinks and prices flatten. For buyers, this may be an ideal window before fall competition picks up.
Here’s the latest:
Median Sales Price: $1,100,000 (-11.9% YoY)
Median Days on Market: 41 days (+4 YoY)
Price per Sq Ft: $974 (-1.9% YoY)
Active Listings: 573 condos (-10.0% YoY)
Pending Sales: 169 (-12.0% YoY)
Closed Sales: 218 condos (+3.8% YoY)
Over Asking Sales: 28.9%
Average Sale-to-List Ratio: 100%
Months Supply of Inventory (MSI): 2.6 — leaning toward a balanced market
Neighborhood Highlights – Condos
Marina / Cow Hollow: $1,848,000 | 102.4% of list price
Telegraph Hill: $1,674,500 | 105.9% of list price
Insight: Condos offer value right now—especially in neighborhoods still seeing competitive offers. Expect renewed interest in the fall.
Mortgage Rate Update: Good News for Buyers
According to Freddie Mac, the average 30-year fixed mortgage rate dropped to 6.63%, marking the lowest level since April. This decline boosts buyer affordability and may fuel increased activity heading into fall 2025.
What to Expect This Fall in San Francisco Real Estate
Fall is typically one of the most active seasons in the Bay Area real estate market. As more homes come to market and buyers return from summer vacations, competition is expected to pick up again—especially in the single-family segment.
For motivated buyers, this current slowdown presents a golden opportunity to get into the market before the fall rush. For sellers, now is the time to prep and list your home while demand remains strong.
Final Thoughts from Richard Valdez
Whether you're buying your first condo in Telegraph Hill, upsizing to a Sunset single-family home, or selling your investment property, I’m here to help you navigate San Francisco’s dynamic real estate market with confidence.
Let’s Talk Real Estate in San Francisco
📞 Call me today for a personalized market analysis or to schedule a showing.
💻 Visit: www.richardvaldezre.com
Sources: SFAR MLS & BrokerMetrics
All data is deemed reliable but not guaranteed.
