San Francisco Housing Market Report – March 2026
Here's a look at how the San Francisco, CA real estate market performed in March 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 452
- Median Sale Price: $1,667,500
- Average Sale Price: $2,108,794
- Average Price Per Sq Ft: $1,142
- Average Days on Market: 46
- Sale-to-List Price Ratio: 114.5%
Month-Over-Month Trends
Compared to February, the median sale price in San Francisco moved 10.1% up (from $1,515,000 to $1,667,500). The number of homes sold was 50.7% up compared to the prior month (300 vs. 452). Average days on market shifted 4.2% down (48 days to 46 days).
Year-Over-Year Comparison
Compared to March 2025, the median sale price is 18.5% up (from $1,407,000 to $1,667,500). Sales volume is 17.1% down year-over-year.
What This Means
San Francisco's housing market is firing on all cylinders heading into spring. March saw homes flying off the market with a 50.7% jump in sales volume compared to February, and the median price climbed another 10.1% month-over-month to hit $1.67 million. The fact that homes are selling for 114.5% of their list price tells you everything you need to know—there's real demand outpacing supply right now. Homes are also spending just 46 days on the market, down from 48 last month, suggesting motivated buyers and limited inventory are creating urgency.
The year-over-year picture is more nuanced, though. While median prices are up a healthy 18.5% annually, sales volume has actually dropped 17.1% compared to March 2025. This suggests we're selling fewer homes but at significantly higher prices, which points to a shift in the mix of properties hitting the market—likely more premium inventory moving while mid-range homes sit longer.
Looking at active listings, there's a notable gap: sellers are asking $1.285 million at a median, but homes are selling for $1.668 million. That pricing disconnect means many current listings are undervalued, which should encourage more sellers to list and potentially ease some of the pressure pushing prices skyward.
San Francisco Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 94110 | 46 | $1,525,000 | $1,073 | 35 |
| 94109 | 42 | $1,405,000 | $1,107 | 69 |
| 94114 | 32 | $2,136,500 | $1,287 | 36 |
| 94122 | 31 | $2,138,000 | $1,153 | 36 |
| 94112 | 27 | $1,450,000 | $971 | 28 |
| 94107 | 24 | $1,112,500 | $1,087 | 48 |
| 94115 | 24 | $1,681,250 | $1,152 | 45 |
| 94123 | 22 | $2,567,500 | $1,502 | 38 |
| 94131 | 21 | $2,150,000 | $1,091 | 63 |
| 94117 | 21 | $2,000,000 | $1,087 | 36 |
| 94118 | 18 | $2,028,500 | $1,120 | 51 |
| 94105 | 18 | $1,247,500 | $1,339 | 61 |
| 94127 | 18 | $2,557,500 | $1,168 | 31 |
| 94116 | 18 | $1,725,000 | $1,204 | 26 |
| 94121 | 16 | $2,112,500 | $1,113 | 37 |
| 94133 | 13 | $1,650,000 | $1,596 | 42 |
| 94102 | 11 | $899,000 | $1,094 | 75 |
| 94103 | 11 | $1,228,000 | $1,166 | 90 |
| 94134 | 11 | $998,000 | $696 | 64 |
| 94158 | 8 | $1,640,000 | $1,369 | 15 |
| 94111 | 6 | $900,000 | $887 | 28 |
| 94132 | 5 | $1,480,000 | $832 | 47 |
| 94124 | 5 | $925,000 | $744 | 48 |
| 94130 | 3 | $2,000,000 | $1,027 | 131 |
| 94104 | 1 | $623,000 | $1,002 | 189 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| CONDOS | 205 | $1,395,000 | $1,167 |
| SINGLE_FAMILY | 197 | $1,850,000 | $1,190 |
| MULTI_FAMILY | 38 | $2,700,000 | $783 |
| CONDO | 4 | $1,595,000 | $1,922 |
| OTHER | 3 | $1,450,000 | $246 |
| TOWNHOMES | 3 | $960,000 | $623 |
| LAND | 1 | $1,600,000 | N/A |
| COOP | 1 | $1,645,000 | $1,371 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| Under $100K | 1 |
| $300K - $399K | 2 |
| $400K - $499K | 9 |
| $500K - $749K | 36 |
| $750K+ | 404 |
Current Active Listings
As of this report, there are 1,015 active listings in San Francisco with a median asking price of $1,285,000 and an average of 75 days on market.
Thinking About Selling Your San Francisco Home?
If you're a homeowner in San Francisco considering selling, you have options. While the traditional market is one route, selling directly for cash can save you time, commissions, and the hassle of repairs and showings. We buy houses in San Francisco and throughout the Central Valley — get a no-obligation cash offer today.