Overbidding List Prices in San Francisco Percentage of Home Sales Closing over List Price
This statistic fluctuates according to seasonal demand trends, and is a lagging indicator of market activity 3-6 weeks earlier. Overbidding is generally caused by buyer competition for new listings. The overall overbidding percentage in the latest month was 48% of sales, but for houses alone, it was 70%, and for condos, 30%.
April 2022
Fall 2021
75%
More overbidding ▲
May 2024
Oct. 2024
May 2025
65%
2020 pandemic market
June 2023
55%
Mid- Winter
45%
35%
Mid- Winter
Mid- Winter
Mid- Winter
Mid- Winter
Updated through July 2025
25%
Sales data reported to NORCAL MLS® ALLIANCE, per Infosparks. Reflecting the percentage of sales closing at sales prices over the final list prices. Data from sources deemed reliable, but may contain errors and subject to revision. All numbers are approximate, and may change with late-reported sales.
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