Monthly market wrap MONTHLY MARKET WRAP San Francisco Condos · May 2026 San Francisco held steady in May: the key market signals were mixed. Median sale price $1.35M ▼ -2.5% vs Apr Time to pending 25d ▲ 5 days slower vs Apr Sold over asking 57% ▲ +1 pts vs Apr Active listings 541 ▼ -7.7% vs Apr Generated by ListingCopilot.io Source: Redfin housing market data
Sale price vs asking SALE PRICE VS ASKING San Francisco Condos · May 2026 Most San Francisco condos are still selling over asking (57%). Price to invite competition. 107.1% average sale price vs. asking price Sold over asking 57% vs. a year ago +14 pts 105.8% 103.0% 100.2% Sold at asking price 107.1% Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Are you an agent? Create a branded market page for free like this for your own cities.
Try ListingCopilot → The negotiation gap THE NEGOTIATION GAP San Francisco Condos · May 2026 San Francisco condos are closing +7.1% above asking. The list price is the floor, not the ceiling. -$38K median sale price minus asking price Median asking price $1.39M Median sale price $1.35M $1.32M $1.17M $1.03M Sold Asking Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Median sale price MEDIAN SALE PRICE San Francisco Condos · May 2026 San Francisco condo values edged up +4.2% year over year. $1.35M median sale price Year over year +4.2% Homes sold last month 245 $1.3M $1.2M $1.1M $1.35M Jun 2019 Dec 2022 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Time to sell TIME TO SELL San Francisco Condos · May 2026 The typical San Francisco condo goes pending in 25 days, 5 days faster than last year. 25 days median time to pending Gone within two weeks 33% vs. a year ago 5 days faster 68d 45d 23d 25d Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data
Active listings ACTIVE LISTINGS San Francisco Condos · May 2026 San Francisco inventory is down 30.4% year over year, keeping buyer choice tight. 541 active listings Year over year -30.4% Months of supply 2.2 781 589 396 541 Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Buying or selling in San Francisco? Jason tracks this market every month and can give you a local read before your next move.
Price cuts PRICE CUTS San Francisco Condos · May 2026 16% of San Francisco listings cut their asking price last month, down 4 pts from a year ago. 16% of active listings cut their asking price vs. a year ago -4 pts Active listings 541 20% 16% 12% 16% Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data The two-speed market THE TWO-SPEED MARKET San Francisco Condos · May 2026 Only 33% of San Francisco condos went pending within two weeks. Most listings are taking their time. 33% of listings went pending within two weeks Median time to pending 25 days vs. a year ago -6 pts 49% 37% 24% Half of listings 33% Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Best month to buy BEST MONTH TO BUY San Francisco Condos · May 2026 January is historically San Francisco's calmest month for buyers: 4.5 pts less over-asking than April. January historically the calmest month for buyers Buyer's edge vs April -4.5 pts Years of Redfin data 11+ Yearly average J F M A M J J A S O N D -3.0 pts Bars over/under-asking vs the yearly average Line price seasonalityGenerated by ListingCopilot.io Source: Redfin housing market data 10-year price growth WAITING HAS A PRICE San Francisco Condos · May 2026 San Francisco condo values are up +29% over the past 10 years. +29% median sale price growth since 2016 Median price in 2016 $1.05M Average gain per year +2.5% $1.21M $1.15M $1.09M $1.35M May 2016 May 2021 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data For agents only
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