San Francisco’s housing market continues to surge, with single‑family homes showing exceptional strength. Over the past four weeks, SFHs have been selling at an average of roughly 28% over list, and the most recent year‑over‑year comparison shows the typical over‑ask rising from about 11% last year to more than 30% this year. Median DOM have tightened sharply from 13 to just 7, confirming that buyers are moving quickly and competitively on well‑priced homes. Condos, TICs, and co‑ops are also accelerating, with median DOM dropping from about 29 to 11 year over year and buyers now paying approximately 5 to 6% over list instead of flat pricing a year ago.
New inventory has increased in recent weeks, including 52 new single‑family listings and 77 new condo and TIC listings last week, which rank among the strongest weekly totals this year. Even so, cumulative supply remains below last year. Year‑to‑date single‑family new listings total about 408 compared to 518 at this point in 2025, a decline of roughly 21%. Condo, TIC, and co‑op new listings total approximately 763 compared to 933 last year, a decrease of roughly 18%. The combination of strong recent weekly inventory and lower cumulative supply helps explain why buyer competition remains so intense.
The Federal Reserve concluded its most recent meeting on March 18, 2026 and voted 11 to 1 to keep the federal funds rate steady at 3.5 to 3.75% for the second consecutive meeting as inflation continues to cool. The average 30‑year fixed‑rate mortgage stands at 6.22 percent this week, according to Freddie Mac’s Primary Mortgage Market Survey, which is nearly half a percentage point lower than the same time last year.
This backdrop of steady monetary policy, limited cumulative supply, and strong buyer demand continues to fuel rapid absorption and aggressive bidding across the market.
Ready to make your move? Contact The Brown Group today. Our team has closed over $648 million in sales since 2020, averaging more than $100 million annually, and we know how to help you succeed in any market.