SF February Real Estate Market Report 2026

Monthly Home Sales Volume* San Francisco Market Dynamics & Seasonality

Sales in one month mostly reflect accepted offers in the previous month. January generally reflects the slow holiday market of December and early January. Sales are being constrained by the exceedingly low inventory of listings for sale. House sales made up approximately 38% of January 2026 sales; condos made up 47%; co-ops, 4.5%; TICs, 8%; and townhouses, 2.5%.

June 2021

800

Fall 2021

Spring 2022

700

Oct. 2025

600

Pandemic boom

Spring 2024

Oct. 2024

Spring 2025

500

Spring 2023

Oct. 2023

400

300

200

100

▲ Interest rates soar

Updated through January 2026

0

*Sales of houses, condos, townhouses reported to NorCal MLS Alliance, per Infosparks. Does not include new-project condo sales unreported to MLS. Data from sources deemed reliable but may contain errors and subject to revision. Last month estimated based on available information and may change with late reported sales. All numbers approximate.

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