San Francisco Real Estate January 2024 Report

San Francisco House Price Trends Median House Sales Prices, 2012 – Present, by Quarter

Q2 2022 Peak

Seasonal fluctuations are common, and it’s not unusual for median sales prices to peak for the year in Q2. Median sales price is that price where half the homes sold for more and half for less. It is a very general statistic that disguises a wide range of prices in the underlying sales.

Year over year, the Q4 2023 median house sales price was down less than 1% from Q4 2022.

$2,000,000

$1,800,000

$1,600,000

$1,400,000

$1,200,000

$1,000,000

$800,000

$600,000

$400,000

As reported to NORCAL MLS® ALLIANCE, per Broker Metrics or Infosparks. All numbers are approximate and subject to revision. Last quarter may change with late reported sales.

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