SF August Real Estate Market Report

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.

Made with FlippingBook - Online catalogs