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Market Pulse

South San Francisco market insights

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

Monthly market wrap

MONTHLY MARKET WRAPSouth San FranciscoSingle-family homes · May 2026The South San Francisco market tiltedhotter in May: most key signals movedthe seller's way.Median sale price$1.37M+5.6% vs AprTime to pending12d3 days faster vs AprSold over asking85%+11 pts vs AprActive listings17-29.2% vs AprGenerated by ListingCopilot.ioSource: Redfin housing market data

Sale price vs asking

SALE PRICE VS ASKINGSouth San FranciscoSingle-family homes · May 2026Bidding wars are the norm in South SanFrancisco: 85% of SFHs sold over asking.108.5%average sale price vs. asking priceSold over asking85%vs. a year ago-5 pts110.1%106.1%102.2%Sold at asking price108.5%Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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The negotiation gap

THE NEGOTIATION GAPSouth San FranciscoSingle-family homes · May 2026South San Francisco SFHs are closing+8.5% above asking. The list price isthe floor, not the ceiling.+$184Kmedian sale price minus asking priceMedian asking price$1.19MMedian sale price$1.37M$1.4M$1.25M$1.09MSoldAskingJun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Median sale price

MEDIAN SALE PRICESouth San FranciscoSingle-family homes · May 2026South San Francisco SFH values edged up+4.0% year over year.$1.37Mmedian sale priceYear over year+4.0%Homes sold last month26$1.43M$1.29M$1.15M$1.37MJun 2019Dec 2022May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Time to sell

TIME TO SELLSouth San FranciscoSingle-family homes · May 2026The typical South San Francisco SFH goespending in 12 days, 4 days slower thanlast year.12 daysmedian time to pendingGone within two weeks59%vs. a year ago4 days slower31d21d10d12dJun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Active listings

ACTIVE LISTINGSSouth San FranciscoSingle-family homes · May 2026South San Francisco inventory is down43.3% year over year, keeping buyerchoice tight.17active listingsYear over year-43.3%Months of supply0.728201217Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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Price cuts

PRICE CUTSSouth San FranciscoSingle-family homes · May 20261 in 3 South San Francisco listings cutits asking price last month, up 16 ptsfrom a year ago.29%of active listings cut their asking pricevs. a year ago+16 ptsActive listings1729%20%11%29%Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

The two-speed market

THE TWO-SPEED MARKETSouth San FranciscoSingle-family homes · May 2026South San Francisco moves at two speeds:59% of SFHs were gone inside two weekswhile the rest sat longer.59%of listings went pending within two weeksMedian time to pending12 daysvs. a year ago-2 pts58%42%25%Half of listings59%Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Best month to buy

BEST MONTH TO BUYSouth San FranciscoSingle-family homes · May 2026November is historically South SanFrancisco's calmest month for buyers:5.0 pts less over-asking than May.Novemberhistorically the calmest month for buyersBuyer's edge vs May-5.0 ptsYears of Redfin data11+Yearly averageJFMAMJJASOND-2.6 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 FranciscoSingle-family homes · May 2026A South San Francisco SFH bought in 2016has gained +61% in value since.+61%median sale price growth since 2016Median price in 2016$850KAverage gain per year+4.9%$1.28M$1.11M$944K$1.37MMay 2016May 2021May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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