Leave a Message

Thank you for your message. We will be in touch with you shortly.

San Francisco Real Estate Market Update – March 2025

Gerald Perino April 16, 2025

San Francisco Real Estate Market Update – March 2025

As we step into spring, the San Francisco real estate market continues to show dynamic activity, marked by high demand, competitive pricing, and limited inventory. Whether you're planning to buy or sell, understanding the current market trends is crucial for making informed decisions. At Rise Homes, we’ve broken down the key metrics from March 2025 to help you navigate this ever-evolving market with clarity and confidence.

Key Takeaways from the March 2025 San Francisco Housing Market

 

1. Months supply of inventory: 2.87 

The months supply of inventory (MSI) represents how long it would take to sell all current homes on the market, assuming no new listings were added. With an MSI of 2.87, San Francisco remains in a seller's market, although it is inching toward a more balanced market compared to the ultra-competitive trends seen in 2024.

2. 12-Month change in inventory: -26.41% 

Despite a rise in listings compared to earlier months, inventory has dropped significantly compared to March 2024—a 26.41% year-over-year decrease. This sharp decline in available homes means competition remains fierce, especially for well-priced and well-located properties.

3. Median days on market: 42 Days 

The median days on market reflects the speed at which homes are selling. At just 42 days, homes in San Francisco are moving fast. In high-demand neighborhoods, properties are often under contract within two weeks. Buyers need to act quickly, and sellers benefit from the fast-paced environment.

4. Sold to list price ratio: 107.9% 

The sold-to-list price percentage shows that homes are selling for 7.9% over asking price on average. This indicates strong buyer interest and suggests that many homes are receiving multiple offers, often leading to bidding wars—a clear sign of a competitive landscape.

5. Median sold price: $1,360,000 

The median sold price in San Francisco currently sits at $1,360,000. This stable figure reflects the city’s ongoing desirability and the willingness of buyers to pay a premium for location, lifestyle, and long-term investment potential.

What Does This Mean for Sellers?

If you’re considering selling your home in San Francisco, March and April are prime months to list. With inventory low and demand high, sellers are in a favorable position to receive strong offers quickly.

✅ Advantages for Sellers: 

Homes are selling in less than 6 weeks. The average sale price is significantly above the listing price. Increased buyer urgency due to low inventory.
Tip from Rise Homes: Prepare your home well—professional staging, high-quality photography, and strategic pricing are key to maximizing your sale price in this competitive market.

What Does This Mean for Buyers?

Buyers face a challenging environment in San Francisco, but preparation and professional support make all the difference. With homes selling above asking and moving quickly, it’s essential to come to the table ready.

✅ Tips for Buyers: 

Get pre-approved for a mortgage before you start touring. Be ready to act fast when a good property hits the market. Work with a local expert who understands the nuances of each neighborhood.
At Rise Homes, we help our buyers make strong, competitive offers while still staying smart and strategic in this intense market.

Neighborhoods to Watch in San Francisco

While the overall city trends are strong, certain neighborhoods continue to see higher demand than others. Here are some top-performing areas in March 2025: 

Noe Valley: Popular with families and professionals alike, Noe Valley is seeing quick sales and over-asking offers. Bernal Heights: With charming homes and a community vibe, Bernal Heights remains a hot spot for buyers looking for value. Mission Bay & Dogpatch: These waterfront and high-rise areas continue to attract young professionals and tech workers. Richmond & Sunset Districts: Known for their larger lots and proximity to parks and beaches, these west-side neighborhoods offer space and value.


Should You Wait to Buy or Sell?

Some clients are asking: should I wait until summer? Our answer depends on your goals.
If you're a seller, the current conditions are ideal. Low inventory and high demand favor you. Waiting could bring more competition and potentially higher interest rates. If you're a buyer, acting now may help you get ahead of further price increases later in the year. The key is to stay flexible, set realistic expectations, and work with a team who understands the nuances of the San Francisco market.


Work With Rise Homes – Your San Francisco Real Estate Experts

At Rise Homes, we don’t just track the numbers—we help our clients use them to their advantage. Whether you're looking to buy your first condo, sell a luxury home, or invest in a multi-unit building, our team of professionals is here to help you navigate San Francisco’s unique real estate landscape.

📞 Call us today: 650-293-0158
 📧 Email us: [email protected]

Let’s make your next move a smart one.

 

 

 

 

Recent Blog Posts

Stay up to date on the latest real estate trends.

San Francisco

🍂 October 2025 Events in the San Francisco Bay Area

October 4, 2025

October 2025: Best Bay Area Events You Can’t Miss October is one of the most exciting months in the Bay Area! From free concerts in Golden Gate Park to parades in Nor… Read more

Alameda Market Update

🔍 Alameda Real Estate Market Update – August 2025

September 30, 2025

As we move through the second half of the year, Alameda County’s housing market continues to reflect strong demand and limited supply—hallmarks of a competitive seller… Read more

Alameda Market Update

🔍 Alameda Real Estate Market Update – August 2025

September 30, 2025

As we move through the second half of the year, Alameda County’s housing market continues to reflect strong demand and limited supply—hallmarks of a competitive seller… Read more

Santa Clara County Market Update

🔍 Santa Clara Real Estate Market Update – August 2025

September 29, 2025

As summer unfolds, Santa Clara’s housing market continues to reflect strong demand, limited inventory, and fast-moving sales. For both buyers and sellers, staying on t… Read more

San Francisco

How to Craft a Successful Home Offer in the San Francisco Bay Area

September 24, 2025

Buying a home in the San Francisco Bay Area can feel overwhelming—especially when you’re competing in a multiple-offer situation. With low inventory and high demand, i… Read more

San Francisco

🔍 San Francisco Real Estate Market Update – August 2025

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. L… Read more

San Francisco

How an Architect Can Shape Your SF Bay Area Dream Home

September 16, 2025

Buying a home in the San Francisco Bay Area often comes with unique challenges. Many homes have timeless charm but might feel dated or limited in layout. Maybe the kit… Read more

San Francisco

Selling Your Home While Living in it? 5 Must-Know Tips for Bay Area Sellers

September 9, 2025

Selling your home is always a big step, and if you’re living in it during the process, things can feel a little more complicated. The good news? With the right mindset… Read more

Alameda Market Update

🔍 Alameda Real Estate Market Update – July 2025

August 29, 2025

As we step into the heart of summer, Alameda County’s housing market is showing all the signs of continued competitiveness—though with some interesting shifts worth no… Read more

Let’s Talk

You’ve got questions and we can’t wait to answer them.