The first half of the 2021 San Francisco housing market came roaring back from the pandemic with $6.7 billion dollars in home sales - 49% above the previous peak in 2018. Overbidding is back in vogue with homebuyers typically paying 117% of list price (a 3-year high), and condo buyers spending 104% above list (in-line with pre-pandemic pricing).
San Francisco condo sales by month have hit an all time high. Condos in neighborhoods like Noe, Glen Park, Pacific Heights, and the Marina are all commanding about $1,250 per square foot.
San Francisco condo and home sales are setting or approaching new highs. Condo, co-op and TIC sales are the highest they've been in 16 years, and 4Q20 home sales are the highest quarterly numbers since 2016.
The SF housing market is showing signs of returning to its pre-pandemic state.
Updated real estate data for Forest Hill, San Francisco
San Francisco market report highlights for April 2021. Active listings are slowing from their Covid-induced high. Buyer demand is increasing and the percentage of properties going over ask is creeping back up.
We're starting to see the traditional Q4 slowdown take hold. But, active listings are still far above their normal pace. Learn more.
San Francisco real estate sales have rebounded from the start of the pandemic with October 2020 sales outpacing that of October 2019. Learn more.
August sales hit a 5-month high and matched historic high points. Overall, the increase in listings has outpaced the increase in listings going into contract.
Market forces have split the condo & home markets in SF. While the home sales are still failry strong, the condo sales are moving into a buyer's market.
