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Market Pulse

South San Francisco market insights

A local market update for All Residential, refreshed monthly with Redfin housing market data.

Monthly market wrap

MONTHLY MARKET WRAPSouth San FranciscoAll home types · May 2026The South San Francisco market tiltedhotter in May: most key signals movedthe seller's way.Median sale price$1.36M▲ +10.3% vs AprTime to pending13d▼ 6 days faster vs AprSold over asking84%▲ +16 pts vs AprActive listings40▼ -16.7% vs AprGenerated by ListingCopilot.ioSource: Redfin housing market data

Sale price vs asking

SALE PRICE VS ASKINGSouth San FranciscoAll home types · May 2026Bidding wars are the norm in South SanFrancisco: 84% of homes sold overasking.108.6%average sale price vs. asking priceSold over asking84%vs. a year ago+11 pts107.4%104.5%101.6%Sold at asking price108.6%Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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The negotiation gap

THE NEGOTIATION GAPSouth San FranciscoAll home types · May 2026South San Francisco homes are closing+8.6% above asking. The list price isthe floor, not the ceiling.+$173Kmedian sale price minus asking priceMedian asking price$1.19MMedian sale price$1.36M$1.32M$1.19M$1.07MSoldAskingJun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Median sale price

MEDIAN SALE PRICESouth San FranciscoAll home types · May 2026South San Francisco home values areclimbing, up +8.9% in a year.$1.36Mmedian sale priceYear over year+8.9%Homes sold last month31$1.35M$1.19M$1.04M$1.36MJun 2019Dec 2022May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Time to sell

TIME TO SELLSouth San FranciscoAll home types · May 2026South San Francisco homes are flying offthe market in 13 days.13 daysmedian time to pendingGone within two weeks50%vs. a year agounchanged33d22d11d13dJun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Active listings

ACTIVE LISTINGSSouth San FranciscoAll home types · May 2026South San Francisco inventory is down27.3% year over year, keeping buyerchoice tight.40active listingsYear over year-27.3%Months of supply1.349352140Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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Price cuts

PRICE CUTSSouth San FranciscoAll home types · May 20261 in 3 South San Francisco listings cutits asking price last month, up 12 ptsfrom a year ago.30%of active listings cut their asking pricevs. a year ago+12 ptsActive listings4028%20%12%30%Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

The two-speed market

THE TWO-SPEED MARKETSouth San FranciscoAll home types · May 2026South San Francisco moves at two speeds:50% of homes were gone inside two weekswhile the rest sat longer.50%of listings went pending within two weeksMedian time to pending13 daysvs. a year ago+0 pts50%36%22%Half of listings50%Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Best month to buy

BEST MONTH TO BUYSouth San FranciscoAll home types · May 2026January is historically South SanFrancisco's calmest month for buyers:4.3 pts less over-asking than May.Januaryhistorically the calmest month for buyersBuyer's edge vs May-4.3 ptsYears of Redfin data11+Yearly averageJFMAMJJASOND-2.2 ptsBars over/under-asking vs the yearly average Line price seasonalityGenerated by ListingCopilot.ioSource: Redfin housing market data

10-year price growth

WAITING HAS A PRICESouth San FranciscoAll home types · May 2026A South San Francisco home bought in2016 has gained +60% in value since.+60%median sale price growth since 2016Median price in 2016$850KAverage gain per year+4.8%$1.21M$1.05M$894K$1.36MMay 2016May 2021May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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