San Francisco Housing Update March 2026
Ascend RE March 24, 2026
Ascend RE March 24, 2026
Single-family median price up 21.41% YoY to $1,942,500
Condo median price up 11.87% YoY to $1,225,000
Homes selling above asking (SFH +16.5%, condos +4.3%)
Strong demand creating intense competition
Single-family inventory down 37.45% YoY (157 homes)
Condo inventory down 38.81% YoY (391 units)
Fewer than 550 total homes available citywide
Severe supply shortage fueling price growth
Single-family homes selling in 12 days
Condos selling in 14 days
Faster sales than last year
Buyers must act quickly
Single-family MSI: 0.8 months
Condo MSI: 2.1 months
Both well below 3 months (seller’s market threshold)
Sellers hold strong negotiating leverage
National market balanced but cautious
San Francisco remains extremely competitive
Limited inventory continues to drive prices
Lower rates could bring more buyers into the market
Recent
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Provided Courtesy of Ascend Real Estate
Provided Courtesy of Ascend Real Estate
Provided courtesy of Ascend Real Estate
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