San Francisco Residential 5+ Unit Building Q3 Report

Listings Closing Sale in Quarter San Francisco Apartment Building Market – 5+ Units

60

Q3 2025 sales dropped back from the peak in Q2, but rose 16% year over year.

50

40

30

20

Pandemic hits

10

Interest rates soar

Closed sales are a lagging indicator, typically reflecting offers accepted 4 to 8 weeks earlier.

0

*Sales reported to NorCal Regional MLS. Data from sources deemed reliable, but may contain errors and subject to revision. All numbers approximate, and may change with late-reported sales. Not all sales are reported to MLS.

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