Sausalito Housing Market Report – May 2026
Here's a look at how the Sausalito, CA real estate market performed in May 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 13
- Median Sale Price: $1,707,000
- Average Sale Price: $1,836,692
- Average Price Per Sq Ft: $1,149
- Average Days on Market: 45
- Sale-to-List Price Ratio: 104.1%
Month-Over-Month Trends
Compared to April, the median sale price in Sausalito moved 64.5% up (from $1,037,500 to $1,707,000). The number of homes sold was 18.8% down compared to the prior month (16 vs. 13). Average days on market shifted 2.3% up (44 days to 45 days).
Year-Over-Year Comparison
Compared to May 2025, the median sale price is 32.3% down (from $2,520,000 to $1,707,000). Sales volume is 44.4% up year-over-year.
What This Means
Sausalito's May market shows a tale of two time periods: a dramatic spike in median prices month-over-month masks a softer year-over-year picture. The 64.5% jump to $1.707 million likely reflects April's unusually low median, possibly influenced by the data collection issues noted earlier in the year. What matters more is the 32.3% year-over-year decline, suggesting the luxury waterfront market has cooled considerably since last May's peak of $2.52 million. This pullback is consistent with higher interest rates dampening demand in the ultra-premium segment.
The market is moving, though not frantically. Homes are selling above asking at 104.1%—a healthy sign of buyer interest—but inventory is creeping up with 64 active listings. Days on market hovering around 45 days is reasonable for Sausalito, though the growing gap between active listings and sales volume suggests more selectivity among buyers. The property mix is fairly balanced between single-family homes and condos, offering some variety in a typically competitive market.
For sellers, May data suggests modest strength in a market that's normalized after last year's peaks. Buyers are still willing to pay above list, but they're also pickier and willing to wait. This is a balanced market favoring neither side dramatically.
Sausalito Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 94965 | 13 | $1,707,000 | $1,149 | 45 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 5 | $2,050,000 | $1,447 |
| CONDOS | 4 | $1,190,000 | $911 |
| CONDO | 2 | $1,440,000 | $840 |
| MOBILE | 1 | $2,900,000 | $1,575 |
| TOWNHOMES | 1 | $1,295,000 | $798 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $500K - $749K | 1 |
| $750K+ | 12 |
Current Active Listings
As of this report, there are 64 active listings in Sausalito with a median asking price of $1,545,000 and an average of 72 days on market.
Thinking About Selling Your Sausalito Home?
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