Listings Accepting Offers (Going into Contract) San Francisco Market Dynamics & Seasonality
Demand, as measured by the number of listings going into contract, typically climbs through spring, declines in summer, rebounds in early fall, and plunges in December.
March 2022
Oct. 2021
700
Sales activity in SF is being constrained by the extremely low number of homes available to buy.
Interest rates soar
Sept.-Oct. 2025
600
May 2025
Oct. 2024
Spring 2024
500
Spring 2023
Oct. 2022
Oct. 2023
400
Summer
Summer
Summer
300
December
Summer
200
December
December
December
December
Updated through January 2026
100
Residential activity reported to MLS, per Broker Metrics. Will not include new-project condo activity not reported to MLS. Data from sources deemed reliable but may contain errors and subject to revision. All numbers approximate and may change with late-reported activity.
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