As 2025 draws to a close, the San Francisco housing market continues to show resilience and competitive dynamics. Single-family homes remain in high demand, with inventory tightening to just 0.8 months and a median sale price climbing to $1.8M, up from $1.5M a year ago. Overbids are back in force, averaging 114.9% of list price, signaling strong buyer competition despite economic headwinds.

Condos and townhomes tell a slightly different story: inventory sits at 2 months, and while the pace is steadier, prices have risen to $1.2M, up from $1M last year. Sellers are still achieving full asking price on average, and homes are moving faster at 54 days on market, down from 66 days a year ago.

In short, the market is closing the year with upward price pressure and brisk activity, particularly for single-family homes. For buyers, preparation and strategy remain key; for sellers, well-presented properties continue to attract strong offers. Thinking about buying or selling? Contact us today. Our team can help you navigate this competitive market and achieve your real estate goals.