A Steady Finish to the Year: Market Momentum Continues
As we move deeper into fall, the San Francisco real estate market shows no signs of slowing. While the year is winding down, October brought another surge in activity — driven by focused buyers eager to close before the holidays and sellers positioning strategically before 2026.
The Federal Reserve’s recent rate cut continues to boost confidence, creating a more optimistic tone across the market. Buyers are acting decisively, inventory remains healthy, and homes that are priced correctly are moving quickly.
Let’s break down what’s happening across the city’s housing landscape this month.
🏡 Single-Family Homes: Demand Remains Strong
The single-family home market surged in October, marking one of the busiest months of the year.
- Median Sold Price: $1.85M — up 6.9% month-over-month and 5.7% year-over-year
- Average Price per Sq. Ft.: $1,134 — up 5.4% from September
- Days on Market: 23 days — 8% faster than the prior month
- Homes Sold: 261 — an impressive 54% increase month-over-month
- Months of Inventory: 0.9 — down 40%, indicating a highly competitive market
- Sold-to-List Price: 110%, showing homes continue to sell well above asking
This combination of rising sales and shrinking inventory underscores how active the market has become. Many buyers are eager to secure homes before the end of the year, and sellers who list now are seeing strong interest — often with multiple offers.
🏙️ Condos, Lofts & TICs: Activity Heats Up
After a steady September, the condo and loft segment experienced a strong October rebound.
- Median Sold Price: $1.20M — up 8.7% month-over-month, though down 3.2% year-over-year
- Days on Market: 45 — holding steady from September
- Units Sold: 298 — up 34% month-over-month and 42.6% year-over-year
- Months of Inventory: 2.0 — a sharp 37.5% drop
- Sold-to-List Price: 103%, consistent with prior months
This market segment continues to gain strength as interest rates decline and affordability improves. Urban professionals and investors are once again returning to the condo market, attracted by rising rents and renewed confidence in city living.
📈 Neighborhood Highlights
Several districts across San Francisco stood out in October for their performance and resilience:
- District 1 (Richmond, Lake Street): Median price up 51% year-over-year to $2.86M, driven by demand for larger homes and renovated properties.
- District 4 (Sunset, West of Twin Peaks): Median price up 31%, with quicker sales and steady price per square foot growth.
- District 7 (Pacific Heights, Presidio Heights, Marina): Luxury homes surged, with a median price of $7.64M, up 63% year-over-year.
- District 9 (Bernal Heights, Mission, Potrero Hill): Balanced market conditions with steady pricing and increased sales activity.
Citywide, single-family inventory sits below one month, emphasizing how quickly homes are turning over. For condos, just two months of supply reflects a competitive but more balanced market environment.
💡 What Buyers and Sellers Should Know
For Buyers
The final quarter of the year presents a valuable opportunity. With the rate cut boosting affordability and fewer competing buyers during the holidays, now is an excellent moment to secure a property. However, with inventory tightening, working with an experienced agent is key to identifying the right opportunities quickly.
For Sellers
Homes are selling fast — often within three weeks — and at prices above asking. If you’re considering listing before 2026, acting now could help you capture serious, motivated buyers while competition among sellers remains limited.
🔮 Looking Ahead
With two months left in the year, the San Francisco housing market continues to defy seasonal slowdowns. The combination of rate cuts, strong buyer motivation, and limited inventory suggests that this momentum may carry into early 2026.
As we enter the holiday season, conversations between buyers and sellers are becoming more strategic — focused on timing, pricing, and long-term goals.
If you’ve been wondering whether to make a move before the new year, now is the time to explore your options.
📞 Let’s Talk About Your Real Estate Goals
Whether you’re buying, selling, or simply curious about your home’s current value, I can provide data-driven insights and a personalized strategy to help you make confident decisions.
📩 Contact me today:
Samy Akli
REALTOR® | Corcoran Icon Properties
📞 (628) 264-4784 | ✉️ samy.akli@corcoranicon.com | 🌐 samyakli.com
Source: Corcoran Icon Properties Market Report – October 2025
