What is the median home price in San Francisco?

The median home price in San Francisco right now is $996,500. This price is essentially flat, showing almost no change compared to both the previous month and the same time last year.

The median home price in San Francisco right now is $996,500. This price is slightly down from last month and also a bit lower than what it was a year ago. Remember, the median price means half the homes cost more and half cost less.Today, there are 5,944 homes for sale. This is fewer homes than a year ago, with 17.4% fewer active listings. This means there isn't as much to choose from as there used to be.Homes are selling a little faster too, staying on the market for a median of 37 days. That's 7.6% quicker than last year. Fewer homes are also seeing price drops, with 13.1% having their prices reduced, compared to last year.About half of the homes listed are currently pending sale, with 2,886 homes going under contract in the most recent period. This ratio is up 10% from last year, showing that homes are moving fairly consistently from being listed to being sold.If you are looking to buy, the slightly lower median price and quicker sales times suggest that while there aren't as many homes to pick from, homes that are listed are finding buyers pretty steadily.