San Francisco Real Estate December 2025 Report

The 3-month-rolling median 2-bedroom condo sales price in November 2025, $1,297,500, surged to its highest point since 2022, rising about 6.5% year over year.

San Francisco CONDO Price Trends since 2005 Median 2-Bedroom Condo Sales Price, 3-Month Rolling

Median sales price is that price at which half the sales occurred for more and half for less. It is a very general statistic, often affected by other factors besides changes in fair market value. Monthly and seasonal fluctuations are common, and longer-term trends are more meaningful than short-term changes. Looking specifically at 2-bedroom condos helps to ensure that price trends are comparing apples to apples.

2022

2019

$1,400,000

2017

2025

$1,300,000

2023 - 2024

Pandemic hits ▲

$1,200,000

Interest rates soar ▲

$1,100,000

$1,000,000

$900,000

2007-2008

Foreclosure crisis & great recession

$800,000

$700,000

Updated through November 2025

$600,000

3-month rolling median condo sales prices reported to NorCal MLS Alliance, per Infosparks. Analysis may contain errors and subject to revision. All numbers approximate and may change with late-reported sales.

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