How much is my San Francisco home worth?

Looking at the whole San Francisco area, the typical home was listed for $998,250 in May. This price hasn't changed much over the last month or even the past year. However, some specific metrics might give you a better idea on where your home sits. There were 5,911 active listings in May, which is 16.5% fewer homes than last year. There were also 3,948 new listings, an 8.1% drop from last year. This lower number of homes for sale could mean more interest in each individual home. Homes are selling faster than last year. The typical home stayed on the market for 32 days, which is 8.6% less time compared to last year. This suggests that buyers are making decisions more quickly. About 12.5% of homes had their prices reduced, which is a bit less than last year. Less price reductions and fewer homes for sale generally indicate a good time for sellers. Considering these trends, while the overall median price has been flat, the reduced inventory and quicker sales suggest that if your home is priced well, it could sell relatively fast.