San Francisco Real Estate Market Update – September 2025
by Richard Valdez - www.RichardValdezRE.com
The fall selling season is heating up in San Francisco, with strong buyer demand and falling mortgage rates driving activity across the city.
Single-Family Homes: Still a Seller’s Market
Median Price: $1,500,000 (↓1.5% YoY)
Median Days on Market: 14 days (↓1 day YoY)
70% of homes sold above asking, averaging 113.4% of list price
Inventory remains tight (↓13.3%), keeping sellers in control
Hot neighborhoods: Pacific Heights, Noe Valley, Sunset (up to 121.9% of list price)
Condominiums: Gaining Momentum
Median Price: $1,020,000 (↓1.9% YoY)
Days on Market: 48 days (↑5 days YoY)
Buyer activity up 14.4%, with sellers receiving 100.1% of asking price
In-demand areas: Telegraph Hill, Buena Vista, Noe Valley
Mortgage Rates Hit 10-Month Low
Lower rates are boosting buyer power and market momentum, making fall a prime time for both buyers and sellers.
📊 Year-over-Year Highlights:
Single-Family Sales: $1.76M median (↑3.5%), 672 sales (↑3.4%)
Condo Sales: $1.216M median (↑10.5%), 694 sales (↑0.9%)
💡 What This Means for You:
Sellers can benefit from high demand and limited competition. Buyers should move quickly to lock in favorable rates and secure well-priced homes.
