San Francisco Median Condo Prices Median Condo Sales Price by Year, 1993 – Present
2021 peak
The 2023 median condo sales price was down about 6% from 2022.
Median prices are generalities, most useful to discern broad market trends. They can be affected by other factors besides changes in fair market value. The city contains condo projects and neighborhoods of widely varying values. Annual data can disguise significant changes that occur within the calendar year.
$1,200,000
$1,100,000
$1,000,000
$900,000
2007
$800,000
$700,000
Mid- 90’s recovery & dotcom boom
$600,000
Recovery, high-tech boom & pandemic
$500,000
Early 90’s recession after late 80’s boom
$400,000
Loan standards collapse
Market crash & recession
$300,000
$200,000
$100,000
$-
Per sales reported to NorCal MLS Alliance by early January 2024. Median sales price is that price at which half the sales occurred for more and half for less. Data from sources deemed reliable but may contain errors and subject to revision. All numbers approximate, and may change with late-reported sales.
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