San Francisco Real Estate December 2025 Report

San Francisco Homes for Sale # of Listings by Days on Market, 12/2/25*

► December is typically the month when buyers can negotiate most aggressively, especially on listings with longer days on market.

155

Active Listings over 90 Days on Market by Price Segment* • Under $1,000,000 101 of 303 listings • $1m to $1,999,999 44 of 166 listings • $2m to $2,999,999 18 of 61 listings • $3m to $4,999,999 19 of 45 listings • $5,000,000+ 15 of 42 listings

As of 12/2/25, 57% of active listings have been on the market for over 2 months without selling; 32% for over 3 months; and 15% for over 6 months.*

140

123

120

95

100

87

80

80

62

60

53

50

40

As new listings dwindle, older, unsold listings come to dominate inventory during the mid-winter holidays.

20

0

Coming Soon

Up to 15 Days on Market

16 to 30 Days

31 to 60 Days

61 to 90 Days

91 to 120 Days

121 to 180 Days

181+ Days on Market

*Active/coming-soon listings posted to NorCal Alliance on 12/2/2025. Cumulative days on market as active listings. “Coming soon” are not yet active listings. Not all properties for sale are listed on MLS. This analysis was performed in good faith with data derived from sources deemed reliable but may contain errors and is subject to revision. Listing counts change constantly. All numbers approximate.

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