The San Francisco November 2025 Market Report: Real Estate With a Runway Strut

by Richard Valdez - www.RichardValdezRE.com

They say fashion repeats itself — but in San Francisco real estate, the only thing repeating is demand. As I sipped my morning espresso and scanned the Vanguard Properties November 2025 Market Report, I couldn’t help but feel like I was reading the season’s hottest trend recap. Except instead of hemlines rising, it’s home prices. And instead of handbags, it’s single-family homes flying off the shelves faster than a limited-edition couture drop.

In a city where the skyline is as iconic as a pair of Manolos, the market isn’t just moving — it’s strutting.

Single-family homes?

Honey, they walked the runway with confidence:

• Median price up 5.7% to $1.85M

• Price per sq ft climbing 6.5%

• Nearly 80% selling over asking

• Sellers pulling in an average 115.1% of list price

• And with only 0.8 months of supply, it’s practically a sample-size inventory.

In other words: if you want a house in San Francisco, you better walk fast — because someone else is already walking faster.

And then there’s the condo market, the quiet understudy who suddenly stole the show.

Sure, median prices dipped ever so slightly — but activity? Darling, it surged.

• Pending sales: +36.2%

• Closed sales: +48.3%

• Inventory dropping 26.9%

• Sellers still earning 103% of list

It’s giving comeback couture — understated but powerful.

From Noe Valley’s over-asking showstoppers to Mission Bay’s polished new builds, each neighborhood is its own runway collection. Some minimalist, some maximalist, all uniquely… San Franciscan.

But here’s the real question: What look are you ready to step into?

Because markets like this don’t stay on the rack for long.

If you’re ready to buy, sell, or simply flirt with the idea of a new address, slip into something fabulous and let’s talk. Visit www.RichardValdezRE.com — where real estate meets style, insight, and a touch of irresistible gay vanguard glamour.

After all… in San Francisco, your home isn’t just where you live.

It’s your runway.