Jessie Lee Real Estate

San Francisco Home Prices, Market Conditions & Trends

Man reviews a map beside a laptop with charts in a city-view office.
 
San Francisco Real Estate May 2022 Report by CompassBay Area housing market update on home-price gains, rising rates, and preliminary signs of cooling in 2022.Text graphic summarizing Bay Area housing market trends, home prices, economic influences, and forecasts.San Francisco median home prices rose from about $300,000 in 1990 to nearly $1.9 million in 2022.Chart of San Francisco median condo prices from 2005 to April 2022, showing a recession-era dip and a rise above $1.2 million.San Francisco neighborhood home price map with color-coded districts and a link banner.Chart of weekly 30-year mortgage rates from 2016 to May 2022, ending at 5.27%.Chart comparing Bay Area median home prices and estimated monthly mortgage payments from 2018 to 2022.Chart showing San Francisco active and coming-soon listings rising from 855 in February to 1,252 in May 2022.Chart comparing San Francisco house and condo sale prices to original list prices from 2018 to April 2022.San Francisco days-on-market chart for houses and condos, January 2018–April 2022.Chart of San Francisco listings going into contract, January 2019–April 2022, with pandemic and seasonal trend annotations.Chart of San Francisco home sales from 2019 to 2022, with seasonal peaks, winter declines, and a pandemic-era drop.Bar chart of San Francisco $3 million-plus house sales, January 2018–April 2022, peaking in June 2021.Chart of monthly San Francisco luxury home sales over $2 million, with sales peaking in November 2021.Chart comparing San Francisco condo and house months of inventory from 2018 to 2022, with a sharp condo supply peak in 2020.National housing market reports summarize slowing sales, rising inventory, and mortgage trends in April 2022.Consumer Price Index chart showing 12-month inflation rising to 8.5% in March 2022.Chart of average 30-year fixed mortgage rates from 1981 to May 2022, with recent rates highlighted.Real estate market statistics definitions and Compass disclaimer, including explanations of median sales price and price per square foot.
 
 
 
A suited person reviews a large city map beside windows overlooking high-rise buildings.
 
San Francisco Real Estate April 2022 Report cover featuring tiny houses on a moss-covered tree stump.San Francisco housing market report on interest rates, housing costs, demand, and low listing inventory.San Francisco quarterly median house prices, rising from about $666,000 in 2012 to $1.875 million in 2022.Chart of San Francisco quarterly median condo prices, rising from $646,000 in 2012 to about $1.2 million in 2022.San Francisco six-month home sales statistics table comparing prices and market details across neighborhoods.Chart comparing six months of two-bedroom, two-bath condo sales across San Francisco neighborhoods.Chart of San Francisco active listings, January 2017–March 2022, showing a sharp inventory rise in 2020.San Francisco housing supply-and-demand chart showing monthly active listings and 12 months of sales.Bar chart of 30-year fixed mortgage rates from 2016 through March 2022, showing a sharp rise in 2022.San Francisco housing affordability chart compares 2021 and 2022 house prices, downpayments, and monthly payments.San Francisco new listings area chart, December 2017–March 2022, with seasonal peaks and pandemic annotations.San Francisco pending-sale listings by month, January 2018 to March 2022, with seasonal peaks and a pandemic marker.Chart comparing monthly San Francisco house and condo sales from 2019 to March 2022, with seasonal and pandemic annotations.Chart of San Francisco luxury home sales by quarter, showing houses and condos from 2018 through early 2022.San Francisco active-listing price reductions by month, January 2017–March 2022.Chart comparing San Francisco house and condo sales closing over list price from 2020 to March 2022.Chart compares San Francisco house and condo sale prices to original list prices quarterly from 2018 to early 2022.Chart comparing average days on market for San Francisco houses and condos from 2019 through early 2022.Compass Bay Area luxury home market report promotion with an ornate garden gate and landscaped path.Bay Area demographic infographic with charts on open space, population, housing occupancy, and earnings.Chart of Bay Area county unemployment rates, spiking after the pandemic began and declining through February 2022.Consumer Price Index chart showing year-over-year inflation rising to 7.9% in February 2022.Chart of U.S. consumer sentiment, January 1978–February 2022, annotated with recessions, recoveries, and market events.Compass market statistics methodology and legal disclaimer, including definitions of median sales price and dollar per square foot.
 
 

San Francisco Realtor® Districts

 
San Francisco Realtor 1: Sea Cliff, Lake Street, Richmond (Inner, Central, Outer), Jordan Park/Laurel Heights, Lone Mountain

San Francisco Realtor 2: Sunset & Parkside (Inner, Central, Outer), Golden Gate Heights

San Francisco Realtor 3: Lake Shore, Lakeside, Merced Manor, Merced Heights, Ingleside, Ingleside Heights, Oceanview

San Francisco Realtor 4: St. Francis Wood, Forest Hill, West Portal, Forest Knolls, Diamond Heights, Midtown Terrace, Miraloma Park, Sunnyside, Balboa Terrace, Ingleside Terrace, Mt. Davidson Manor, Sherwood Forest, Monterey Heights, Westwood Highlands

San Francisco Realtor 5: Noe Valley, Eureka Valley (Castro, Liberty Hill), Cole Valley, Glen Park, Corona Heights, Clarendon Heights, Ashbury Heights, Buena Vista Park, Haight Ashbury, Duboce Triangle, Twin Peaks, Mission Dolores, Parnassus Heights, Dolores Heights

San Francisco Realtor 6: Hayes Valley, North of Panhandle (NOPA), Alamo Square, Western Addition, Anza Vista, Lower Pacific Heights

San Francisco Realtor 7: Pacific Heights, Presidio Heights, Cow Hollow, Marina

San Francisco Realtor 8: Russian Hill, Nob Hill, Telegraph Hill, North Beach, Financial San Francisco Realtor, North Waterfront, Downtown, Van Ness/ Civic Center, Tenderloin

San Francisco Realtor 9: South of Market (SoMa), South Beach, Mission Bay, Potrero Hill, Dogpatch, Central Waterfront, Bernal Heights, Inner Mission, Yerba Buena

San Francisco Realtor 10: Bayview, Bayview Heights, Excelsior, Portola, Visitacion Valley, Silver Terrace, Mission Terrace, Crocker Amazon, Outer Mission , Hunters Point, Candlestick Point, Little Hollywood
 
 
It is impossible to know how median and average value statistics apply to any particular home without a specific comparative market analysis. These analyses were made in good faith with data from sources deemed reliable, but may contain errors and are subject to revision. It is not our intent to convince you of a particular position but to attempt to provide straightforward data and analysis, so you can make your own informed decisions. Median and average statistics are enormous generalities: There are hundreds of different markets in San Francisco and the Bay Area, each with its own unique dynamics. Median prices and average dollar per square foot values can be and often are affected by other factors besides changes in fair market value. Longer-term trends are much more meaningful than short-term. Compass is a real estate broker licensed by the State of California, DRE 01527235. Equal Housing Opportunity. This report has been prepared solely for information purposes. The information herein is based on or derived from information generally available to the public and/or from sources believed to be reliable. No representation or warranty can be given with respect to the accuracy or completeness of the information. Compass disclaims any and all liability relating to this report, including without limitation any express or implied representations or warranties for statements contained in, and omissions from, the report. Nothing contained herein is intended to be or should be read as any regulatory, legal, tax, accounting or other advice and Compass does not provide such advice. All opinions are subject to change without notice. Compass makes no representation regarding the accuracy of any statements regarding any references to the laws, statutes, or regulations of any state are those of the author(s). Past performance is no guarantee of future results.

Work With Us

Jessie Lee Team has over 20 years of combined experience in the bay area helping clients for selling, buying, renting. We know about the SF market trends so we can provide accurate information to the buyers/sellers/landlords. Quick to respond, accurate information, getting into the contract within 1-3 months and selling it what the seller wants to achieve at. If you are buying or selling, please contact [email protected] to set up a zoom meeting or call/text at (415) 518-6402.

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