How long do homes take to sell in San Francisco?

Homes in the San Francisco area are selling in about a month right now, specifically 32 days. This is a bit faster than last year. To give you some context, the median days on market is 32. This means half the homes sell faster than 32 days, and half sell slower. This is 8.6% quicker than the same time last year. There aren't as many homes for sale as there used to be, which might be helping homes sell faster. There are 5,911 active listings, which is 16.5% fewer than last year. New listings are also down by 8.1%, with 3,948 homes newly listed. Prices are fairly steady. The typical listing price is $998,250, which hasn't changed much from last month or last year. However, fewer homes are having their prices cut, with 12.5% of listings seeing a price reduction, down 2.9% from last year. If you're thinking about selling, homes are moving relatively quickly now. You can expect your home to be on the market for around a month, and you might not need to lower your asking price.