San Francisco 2-4 Unit Apartment Building Market Q3 2025

San Francisco 2-4 Unit Building Values Average Dollar per Square Foot Values, by Quarter

How these prices apply to any particular property is unknown without a specific comparative market analysis.

$750

$725

$700

$675

$650

$625

This chart reviews the overall average $/sq.ft. value for all 2-4 unit buildings sold by quarter. The Q3 2025 average $/sq.ft. value was essentially unchanged year over year. These values can be affected by other factors besides changes in fair market value. Longer-term trends are more meaningful than short-term fluctuations.

$600

$575

$550

$525

$500

As reported to NorCal MLS Alliance. Does not include units classified as houses or condos. Data from sources deemed reliable but may contain errors and subject to revision. All numbers approximate, and may change with late reported activity.

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