"Active listings in San Francisco fell to 747 homes in April, a 31.2% drop from April 2025, while new listings remained nearly flat at 672 homes. This indicates a significant tightening in the market, with homes being absorbed quickly."
"The median list price in San Francisco slipped 2.2% year over year to $1,172,000, but only 7% of listings experienced a price reduction, showcasing the strong leverage sellers had in the market."
"The typical San Francisco home spent 48 days on the market, down from 53 days in April 2025, highlighting a faster sales pace compared to the national median of 52 days."
In April, San Francisco's housing market saw a significant tightening, with active listings dropping 31.2% year over year to 747 homes. Despite a slight median list price dip of 2.2% to $1,172,000, only 7% of listings had price reductions, indicating strong seller leverage. Homes sold faster, averaging 48 days on the market, compared to 53 days the previous year. This trend emphasizes the need for buyers to act quickly, as hesitation can lead to missed opportunities in a competitive market.
Read at SFGATE
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