San Francisco CONDO Prices: Downtown vs. Non-Downtown 12-Month-Rolling, Median 2-Bedroom Condo Sales Prices since 2005*
Comparing median 2-bedroom condo sales prices in the greater Downtown/South of Market/Civic Center area (the center of large-project, new- condo construction, office buildings and high-tech employment) – the blue line – with the rest of San Francisco ( mostly smaller, older buildings, in less urban environments) – the green line.
2018
2022
$1,400,000
2016
$1,300,000
Pandemic hits ▲
$1,200,000
2023 - 24 - 2025
Median sales prices also vary widely within these two broad regions.
$1,100,000
Condo Market in Non-Downtown Area
$1,000,000
Greater Downtown/SoMa Condo Market
2007-2008
$900,000
$800,000
NOTE: 12-month-rolling sales data smooths the median sales price trend lines and removes seasonality from the analysis, but it can lag short-term changes in 2025 .
$700,000
Great recession, foreclosure crisis
Updated through July 2025
$600,000
*12-month rolling median condo sales values reported to NorCal MLS Alliance, per Infosparks. Analysis may contain errors and subject to revision. Does not include new-project sales unreported to MLS. All numbers approximate, and may change with late-reported sales.
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