Market Datavs. 1 year ago
30-year mortgage6.58%▼ -0.16 pts15-year mortgage5.96%▲ +0.09 pts10-year Treasury4.61%▲ +0.19 ptsMortgage spread1.97 pts▼ -0.35 ptsMedian list price$430k▼ -2.5%List $/sqft$228▼ -2.1%Days on market53 +0 daysActive listings1.1M▲ +1.9%New listings463k▲ +2.4%Pending sales506k▲ +4.9%Housing starts1.43M▲ +3.5%Building permits1.37M▼ -1.8%New-home sales628k▼ -5.6%Existing-home sales4.09M▲ +2.8%Months of supply9.3▲ +0.3 moMortgage delinquency1.89%▲ +0.12 pts
as of Jul 2026

San Francisco Metro Area Real Estate Market

Current real estate market data, news and analysis for the San Francisco-Oakland-Fremont, CA metropolitan area — 4.6M residents across 5 counties in California.

Median Sale Price$1,791,000+11.9% YoY
Months of Supply1.6residential supply
Days on Market15median
Population4.6Mmetro area

Data as of May 2026. Sources: Redfin Data Center, U.S. Census Bureau.

Latest San Francisco Real Estate News

San Francisco Real Estate Market Overview

San Francisco-Oakland-Fremont includes San Francisco, the Peninsula north of Santa Clara County, the inner and outer East Bay, and Marin County. The bay, coastal hills, bridges and mountain ridges divide the region into distinct housing markets. San Francisco contains Victorian and Edwardian houses, rowhouses, apartment buildings, condominiums and newer towers. Oakland and Berkeley combine early streetcar neighborhoods, hillside homes, duplexes, apartment buildings and industrial-area redevelopment. Alameda County suburbs include mid-century tracts, newer townhouses and planned communities, while Contra Costa County extends from older bayfront cities to suburban valleys and newer eastern communities. Marin and San Mateo counties add hillside houses, coastal towns, established suburbs and limited pockets of higher-density development.

Higher price tiers are generally associated with Pacific Heights, Presidio Heights, Sea Cliff, Atherton, Hillsborough, Woodside, Portola Valley, southern Marin communities, Piedmont, Orinda, Lafayette and selected neighborhoods in Danville and Blackhawk. These areas often combine limited land, larger lots, views, established schools or convenient access to major employment centers. More attainable options are commonly found in parts of Richmond, San Pablo, Pittsburg, Antioch, East Palo Alto, Hayward, San Leandro and selected Oakland neighborhoods. Lower purchase costs may be accompanied by longer commutes, older building systems, industrial proximity, flood or wildfire exposure, and different school or municipal-service arrangements.

The regional economy is anchored by technology, finance, biotechnology, health care, higher education, tourism, government, transportation and professional services. San Francisco contains major technology, financial and corporate offices, while the Peninsula supports technology and life-science employment. The University of California San Francisco, Kaiser Permanente, the University of California Berkeley, major hospital systems and public agencies are substantial institutional employers. The Port of Oakland, San Francisco International Airport and regional freight networks support transportation and logistics. Employment is distributed among downtown San Francisco, Oakland, Emeryville, Berkeley, the Peninsula and suburban business districts, making the direction of a commute an important housing consideration.

Earthquake exposure is a central property issue, particularly for older foundations, soft-story buildings, hillside homes and areas mapped for liquefaction. Wildfire and smoke affect parts of the East Bay hills, Marin and other wildland-edge communities, while bayfront and coastal properties require review of flooding, erosion and sea-level planning. BART, Caltrain, Muni, ferries and regional buses support transit-oriented housing, but service and last-mile access differ by location. Local rent regulation, zoning, historic preservation and permitting rules vary by jurisdiction. California property-tax assessments can also differ among neighboring owners based on acquisition and reassessment history. Buyers should examine retrofit records, insurance, association reserves, parking, transit access and municipal regulations for the specific property.

Cities and Towns in the San Francisco Metro Area

AlamedaAlbanyAntiochAthertonBelmontBelvedereBerkeleyBrentwoodBrisbaneBurlingameClaytonColmaConcordCorte MaderaDaly CityDanvilleDublinEast Palo AltoEl CerritoEmeryvilleFairfaxFoster CityFremontHalf Moon BayHaywardHerculesHillsboroughLafayetteLarkspurLivermoreMartinezMenlo ParkMill ValleyMillbraeMoragaNewarkNovatoOaklandOakleyOrindaPacificaPiedmontPinolePittsburgPleasant HillPleasantonPortola ValleyRedwood City
Show all 65
RichmondRossSan AnselmoSan BrunoSan CarlosSan FranciscoSan LeandroSan MateoSan PabloSan RafaelSan RamonSausalitoSouth San FranciscoTiburonUnion CityWalnut CreekWoodside

Notable Communities and Neighborhoods

Alameda PointBay Farm IslandBay MeadowsBernal HeightsBlackhawkClaremontDougherty ValleyFoster CityGale RanchHayes ValleyJack London SquareMarina DistrictMission BayMission DistrictMontclairNoe ValleyNorth BeachPacific HeightsPresidio HeightsRedwood ShoresRockridgeRussian HillSoMaTemescalTreasure Island

San Francisco Real Estate Market FAQ

How is the San Francisco-Oakland-Fremont housing market geographically organized?

The market spans San Francisco, the Peninsula, the East Bay and Marin County, with housing distributed around the bay, coastal hills and inland valleys. Bridges, BART, Caltrain, ferries and highway corridors connect the submarkets, but travel times and housing forms vary considerably.

Which areas generally sit in higher price tiers in the San Francisco metro?

Pacific Heights, Presidio Heights, Sea Cliff, Atherton, Hillsborough, Woodside, Portola Valley, southern Marin, Piedmont, Orinda, Lafayette and selected Danville and Blackhawk communities generally occupy higher tiers. Limited land, larger lots, views, school access and proximity to employment or transit contribute to those differences.

What seismic issues should Bay Area buyers investigate?

Buyers should review the property’s foundation, retrofit history, soil conditions, hillside stability and proximity to mapped faults or liquefaction zones. Condominium buyers should also determine whether the association has completed required structural work and reserved for future seismic or building-envelope projects.

What should buyers verify when comparing Bay Area jurisdictions?

Local rent rules, transfer requirements, zoning, permitting, school assignments and condominium regulations vary among cities and counties. Buyers should also compare transit access, insurance availability, wildfire exposure, parking and the condition of older building systems.

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