What is the median home price in San Francisco?

The typical home in San Francisco costs $998,250. This price hasn't really changed much from last month or last year. The median listing price is holding steady at $998,250. It's almost the same as it was last month (0.0% change) and just slightly lower than last year (down by 0.1%). This means prices aren't moving up or down very much right now. There are 5,911 homes for sale, which is a lot fewer than a year ago—down 16.5%. Also, fewer new homes are coming on the market, with new listings down 8.1% from last year to 3,948. This suggests there's less choice for buyers. Homes are selling a bit faster, too. The typical home now spends 32 days on the market, which is 8.6% quicker than last year. Even with fewer homes for sale, it seems buyers are still interested. Fewer homeowners are dropping their prices compared to last year. The share of homes with reduced prices is 12.5%, which is a 2.9% smaller share than last year. This could mean sellers feel more confident in their prices. If you're looking to buy, note that while prices are stable, there are fewer homes to choose from, and they are selling faster. Be ready to act when you find something you like.