SF August Real Estate Market Report

Average Sales Price to Original List Price Percentage San Francisco Over/Under Bidding: Market Dynamics & Seasonality

This statistic can be distorted by strategic underpricing strategies by listing agents.

Spring 2022

This chart illustrates the average Sales Price to Original List Price Percentage for all residential sales. But overbidding has been much more common and dramatic for house sales than for condo sales: For houses alone, the average was 11% above list price, and for condos, almost 3% below list price.

110%

Spring 2025

Spring 2024

Spring-Autumn 2021

105%

Pandemic Year 1

100%

Spring-Autumn 2023

100% = an average sales price at original list price.

Updated through July 2025

95%

Sales reported to NorCal MLS Alliance, per Infosparks. Data derived 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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