The Q4 2025 median house sales price surged to its highest quarterly price since Q2 2022. It was up 12% from Q4 2024.
San Francisco House Price Trends Median House Sales Prices since 2012, by Quarter Median sales price is that price where half the homes sold for more and half for less, and can be affected by other factors besides changes in fair market value. It is a very general statistic that disguises a wide range of prices in the underlying sales.
Q2 2022 Peak
$2,000,000
Q2 2021
Q4 2025
Q2 2024
$1,800,000
Q2 2020
Q2 2019
Q2 2023
Seasonal fluctuations are common, and it’s not unusual for median sales prices to peak for the year in Q2, though that did not occur in 2025 due to the AI startup boom.
$1,600,000
$1,400,000
$1,200,000
$1,000,000
Appreciation is typically measured year over year to account for market seasonality.
$800,000
$600,000
$400,000
As reported to NORCAL MLS® ALLIANCE, per Infosparks. All numbers are approximate and subject to revision. Last quarter may change with late reported sales.
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