Explore the November 2025 San Francisco housing market report. Learn how prices, inventory, buyer demand, and neighborhood trends are shaping the city’s real estate landscape as the year comes to a close.
🍂 A Late-Fall Market Defined by Strategy and Serious Buyers
November brought a noticeable shift in the San Francisco real estate market. While activity naturally slowed from October’s pace, the buyers and sellers who remained active were highly motivated. With fewer people touring homes and more intentional conversations happening, November became a month defined by strategy, negotiation, and focus.
Despite seasonal cooling, the market’s fundamentals remain strong. Prices are still rising year-over-year, inventory is extremely tight, and serious buyers continue to write above-asking offers. San Francisco is closing 2025 with resilience, momentum, and elevated pricing power.
🏠 Single-Family Homes: A Steady Market with Motivated Sellers
Single-family home activity softened, but core indicators show a strong and competitive market.
📊 Key Metrics
- Median Sold Price: $1.79M (–3.2% MoM, +15.1% YoY)
- Homes Sold: 180 (–31.8% MoM)
- Average Days on Market: 25 (+8.7% MoM)
- Sold-to-List Price: 109% — still well above asking
- Inventory: 0.9 months — extremely limited
Although fewer transactions closed, prices held firm and demand remained steady for well-positioned homes. The slight increase in days on market reflects a more deliberate buyer mindset rather than a shift in market strength.
For sellers, tight inventory continues to support strong outcomes.
For buyers, late fall offers valuable opportunities to negotiate and move with less competition.
🏙️ Condos, Lofts & TICs: Slower Pace, Strong Yearly Momentum
The condo market followed typical seasonal trends, with fewer sales and longer days on market — yet the segment still shows impressive annual strength.
📈 Key Metrics
- Median Sold Price: $1.19M (–0.3% MoM, +7.2% YoY)
- Units Sold: 201 (–33.2% MoM)
- Days on Market: 55 (+22.2% MoM)
- Sold-to-List Price: 103%
- Inventory: 2.5 months (down 26.5% YoY)
The increase in available time gives buyers more breathing room, especially those entering the market for the first time. Meanwhile, sellers who price strategically can still achieve excellent results.
This segment continues to attract first-time buyers, investors, and urban professionals seeking location and value.
📍 Neighborhood Highlights: Strong Year-Over-Year Growth
San Francisco’s neighborhoods continue to show healthy appreciation and stable demand.
District 1 (Richmond, Lake Street)
🌳 Strong demand, larger homes, and proximity to parks keep prices moving upward.
District 4 (Sunset, West of Twin Peaks)
☀️ Competitive conditions, family-friendly appeal, and consistent appreciation.
District 7 (Pacific Heights, Presidio Heights, Marina)
💎 Luxury remains resilient despite lower volume; long-term demand stays strong.
District 9 (Mission, Bernal Heights, Potrero Hill)
🚶 Walkable, vibrant neighborhoods attracting young families and professionals.
District 10 (Bayview, Portola, Visitacion Valley)
🏡 Increasing interest from entry-level buyers and investors seeking value.
Across all districts, homes are still selling faster and at higher prices than last year, even with typical November slowing.
💡 What Buyers and Sellers Should Know Heading Into Year-End
✔️ For Buyers
- Less competition from other buyers
- Better negotiating conditions
- Motivated sellers
- Opportunity to close before rate shifts or Q1 activity ramps up
This is one of the most strategic times of year to purchase.
✔️ For Sellers
- Inventory remains historically low
- Buyers who stay active during the holidays are serious
- Prices are still significantly higher year-over-year
- Well-prepared listings can still achieve premium results
Early preparation now can position sellers perfectly for January and February’s surge in demand.
🔮 Looking Ahead: A Confident Close to 2025
November reflects a calmer but still very strong market. With low supply, strong annual price gains, and motivated participants on both sides, the city heads toward 2026 with a solid foundation and healthy momentum.
The end of the year is an ideal time to evaluate your real estate goals, plan your next steps, and prepare for the opportunities the new year will bring.
📞 Let’s Talk About Your Real Estate Goals
Whether you’re considering buying, selling, or simply want clarity on your home’s market value, I’m here to help with data-driven insights and tailored strategies.
Reach out anytime — thoughtful planning now leads to better results in 2026.
