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Market Pulse

South San Francisco market insights

A local market update for Condo/Co-op, refreshed monthly with Redfin housing market data.

Monthly market wrap

MONTHLY MARKET WRAPSouth San FranciscoCondos · May 2026The South San Francisco market tiltedhotter in May: most key signals movedthe seller's way.Median sale price$845K+30.6% vs AprTime to pending36d9 days faster vs AprSold over asking67%+0 pts vs AprActive listings18+12.5% vs AprGenerated by ListingCopilot.ioSource: Redfin housing market data

Sale price vs asking

SALE PRICE VS ASKINGSouth San FranciscoCondos · May 2026Most South San Francisco condos arestill selling over asking (67%). Priceto invite competition.102.8%average sale price vs. asking priceSold over asking67%vs. a year ago+29 pts104.0%100.7%97.4%Sold at asking price102.8%Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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The negotiation gap

THE NEGOTIATION GAPSouth San FranciscoCondos · May 2026The typical South San Francisco condocloses +2.8% above its asking price.-$344Kmedian sale price minus asking priceMedian asking price$1.19MMedian sale price$845K$1.25M$998K$747KSoldAskingJun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Median sale price

MEDIAN SALE PRICESouth San FranciscoCondos · May 2026South San Francisco condo values areclimbing, up +27.1% in a year.$845Kmedian sale priceYear over year+27.1%Homes sold last month3$846K$767K$689K$845KJun 2019Dec 2022May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Time to sell

TIME TO SELLSouth San FranciscoCondos · May 2026South San Francisco condos are taking 36days to sell, 2 days faster than lastyear, so patience and pricing win.36 daysmedian time to pendingGone within two weeks25%vs. a year ago2 days faster180d120d60d36dJun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Active listings

ACTIVE LISTINGSSouth San FranciscoCondos · May 2026South San Francisco inventory is down5.3% year over year, a steadier supplypicture for condos.18active listingsYear over year-5.3%Months of supply6.02315718Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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Price cuts

PRICE CUTSSouth San FranciscoCondos · May 20261 in 4 South San Francisco listings cutits asking price last month, down 4 ptsfrom a year ago.28%of active listings cut their asking pricevs. a year ago-4 ptsActive listings1828%20%12%28%Jun 2024Apr 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

The two-speed market

THE TWO-SPEED MARKETSouth San FranciscoCondos · May 2026Only 25% of South San Francisco condoswent pending within two weeks. Mostlistings are taking their time.25%of listings went pending within two weeksMedian time to pending36 daysvs. a year ago+25 pts44%29%13%Half of listings25%Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Best month to buy

BEST MONTH TO BUYSouth San FranciscoCondos · May 2026January is historically South SanFrancisco's calmest month for buyers:7.4 pts less over-asking than July.Januaryhistorically the calmest month for buyersBuyer's edge vs July-7.4 ptsYears of Redfin data11+Yearly averageJFMAMJJASOND-4.2 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 FranciscoCondos · May 2026South San Francisco condo values are up+26% over the past 10 years.+26%median sale price growth since 2016Median price in 2016$670KAverage gain per year+2.3%$773K$713K$653K$845KMay 2016May 2021May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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