🔍 San Francisco Real Estate Market Update – August 2025

Gerald Perino September 19, 2025

San Francisco’s real estate market remains competitive this August, defined by tight inventory, strong buyer demand, and homes consistently selling above list price. Let’s dive into the latest numbers and what they mean for both buyers and sellers.

📉 Inventory Remains Tight

Months Supply of Inventory: 2.19
San Francisco continues to favor sellers. With just over two months of supply, homes are limited, keeping competition strong.

12-Month Change in Inventory: -43%
Compared to last year, inventory has dropped significantly. Fewer homes on the market mean buyers have fewer choices and sellers face less competition.

⏳ Homes Are Selling at a Steady Pace

Median Days on Market: 54
Homes are moving in under two months on average. While not as fast as some nearby markets, this still reflects healthy buyer demand. Sellers should expect offers within weeks, and buyers should use this time wisely for due diligence.

💰 Over-List Sales Are the Norm

Sold to List Price: 106.5%
Homes in San Francisco are selling for about 6.5% above their asking price. Multiple-offer scenarios remain common, and buyers should be prepared for bidding wars. Sellers can leverage this by pricing strategically and letting competition drive up the final sale price.

🏠 Home Prices Hold Strong

Median Sold Price: $1,249,000
San Francisco’s median home price remains above $1.2 million, reflecting strong property values and consistent buyer demand for city living.

🧭 What This Means for You

🟩 For Sellers: With low inventory and homes selling above list, this is an excellent time to consider listing. Demand is high, and buyers are ready to compete.
🟦 For Buyers: Be prepared to act quickly and bring strong offers. Work with a local expert who can help you navigate competition and secure the right property.

At Rise Homes, we specialize in helping clients succeed in competitive markets like San Francisco. Whether you’re buying or selling, our team is here to guide you every step of the way.

📞 Call us at (650) 293-0158
📧 Email: [email protected]
🌐 Visit: homesbyrise.com/blog