SF August Real Estate Market Report

The 3-month-rolling median condo sales price in July 2025 increased by about 1.5% year-over-year (from a big, short-term spike up in 2024). 2025 is seeing the biggest surge in condo values since 2022.

San Francisco CONDO Price Trends since 2005 Median Condo Sales Price, 3-Month Rolling

Median sales price is that price at which half the sales occurred for more and half for less. It is a very general statistic, often affected by other factors besides changes in fair market value. Monthly and seasonal fluctuations are common, and longer-term trends are more meaningful than short-term changes. Generally speaking, over the last 5-6 years, Bay Area median condo sales prices have not seen the appreciation rates common in house markets.

2022

2019

$1,300,000

2025

2023 - 2024

2017

$1,200,000

$1,100,000

Pandemic hits ▲

$1,000,000

Interest rates soar ▲

$900,000

2007-2008

$800,000

Foreclosure crisis & great recession

$700,000

$600,000

$500,000

Updated through July 2025

$400,000

3-month rolling median condo sales prices reported to NorCal MLS Alliance, per Infosparks. Analysis may contain errors and subject to revision. All numbers approximate, and may change with late-reported sales.

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