San Rafael Housing Market Report – March 2026
Here's a look at how the San Rafael, CA real estate market performed in March 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 45
- Median Sale Price: $1,310,000
- Average Sale Price: $1,240,467
- Average Price Per Sq Ft: $690
- Average Days on Market: 59
- Sale-to-List Price Ratio: 99.6%
Month-Over-Month Trends
Compared to February, the median sale price in San Rafael moved 2.4% down (from $1,342,500 to $1,310,000). The number of homes sold was 12.5% up compared to the prior month (40 vs. 45). Average days on market shifted 58.2% down (141 days to 59 days).
Year-Over-Year Comparison
Compared to March 2025, the median sale price is 0.2% up (from $1,307,500 to $1,310,000). Sales volume is 12.5% up year-over-year.
What This Means
San Rafael's housing market is showing real momentum heading into spring. Sales jumped 12.5 percent from February to March, and homes are flying off the market nearly three times faster than they were a month ago—average days on market plummeted from 141 to just 59 days. That's the kind of shift you typically see when seasonal demand kicks in and inventory finally loosens up. Sellers are also getting nearly full asking price at a 99.6 percent sale-to-list ratio, which suggests genuine buyer interest rather than a race-to-the-bottom situation.
The median price dipped slightly month-over-month, but that's likely a product of mix—the sales data shows more single-family homes moving than usual, and those often anchor lower in the price range than condos. Year-over-year, prices are essentially flat, which isn't surprising given the broader Bay Area's stability. The real story here is velocity: homes aren't lingering anymore.
What's interesting is that 195 active listings remain on the market with an average of 87 days unsold. This suggests a two-tier market where well-priced homes move quickly, but overpriced inventory sits. For buyers, this is the best San Rafael conditions we've seen in months. For sellers, pricing right from day one matters more than ever.
San Rafael Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 94903 | 23 | $950,000 | $644 | 46 |
| 94901 | 22 | $1,369,000 | $740 | 73 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 28 | $1,397,500 | $714 |
| TOWNHOMES | 7 | $680,000 | $581 |
| CONDOS | 5 | $529,000 | $520 |
| CONDO | 3 | $475,000 | $1,021 |
| LAND | 1 | $412,500 | N/A |
| MULTI_FAMILY | 1 | $2,150,000 | $637 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| Under $100K | 1 |
| $400K - $499K | 3 |
| $500K - $749K | 8 |
| $750K+ | 33 |
Current Active Listings
As of this report, there are 195 active listings in San Rafael with a median asking price of $1,250,000 and an average of 87 days on market.
Thinking About Selling Your San Rafael Home?
If you're a homeowner in San Rafael 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 Rafael and throughout the Central Valley — get a no-obligation cash offer today.
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