Annual Number of Price Reductions San Francisco Market Dynamics, by Year since 2017*
San Francisco is the only Bay Area county that had a decline in the number of price reductions in 2025.
2764
2688
Pandemic hits
2,500
Interest rates soar
2336
2006
2,000
1824
1804
1802
1796
AI startup boom
Historic lows in interest rates
1,500
High-tech boom
1366
IPO boom
1,000
500
The number of price reductions is affected by changes in economic conditions, the strength of buyer demand, seller expectations, and the number of active listings on the market.
0
2017
2018
2019
2020
2021
2022
2023
2024
2025
*Per Realtor.com Research, listings posted to site. Data from sources deemed reliable but may contain errors and subject to revision. All numbers approximate.
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