San Francisco 2-4 Unit Apartment Building Market Q3 2025

Listings Accepting Offers (Going into Contract) San Francisco 2-4 Unit Building Market by Month

Among other factors, the market is typically subject to seasonal trends in supply and demand, with accepted-offer activity usually peaking in Q2 and hitting its low point in mid-winter.

June 2021

70

September 2025 saw a rebound in listings going into contract after the summer slowdown.

60

March 2022

June 2025

50

Oct. 2024

June 2023

40

30

20

10

Updated through September 2025

0

As reported to MLS, per Broker Metrics. Data from sources deemed reliable but may contain errors and subject to revision. All numbers are approximate. Last reading estimated and may change with late reported activity.

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