How competitive is the San Francisco housing market?

San Francisco is moderately competitive as of May 2026, with a Sold Score of 66/100 (Good Chance of Selling). **Pending ratio** is 0.49 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow. **Inventory change YoY** is -16.5% — fewer choices for buyers than a year ago. **Median days on market** is 32. Faster than 30 days means buyers are deciding quickly. **Price-reduction share** is 25.9% of active listings — above 25% signals sellers are widely overshooting list price. — Live indicators (May 2026): Sold Score: 66/100 (Good Chance of Selling) · Pending ratio: 0.49 · Inventory YoY: -16.5% · Median days on market: 32 · Sellers cutting price: 25.9% · Median listing price: $996,500 (-0.2% YoY)