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Market Pulse

South San Francisco market insights

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

Sale price vs asking

SALE PRICE VS ASKINGSouth San FranciscoTownhouses · May 2026Bidding wars are the norm in South SanFrancisco: 100% of townhouses sold overasking.106.7%average sale price vs. asking priceSold over asking100%vs. a year ago+0 pts110.5%104.5%98.6%Sold at asking price106.7%Aug 2022May 2024May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

The negotiation gap

THE NEGOTIATION GAPSouth San FranciscoTownhouses · May 2026South San Francisco townhouses areclosing +6.7% above asking. The listprice is the floor, not the ceiling.+$90Kmedian sale price minus asking priceMedian asking price$1.19MMedian sale price$1.28M$1.23M$1.03M$832KSoldAskingAug 2022May 2024May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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Median sale price

MEDIAN SALE PRICESouth San FranciscoTownhouses · May 2026South San Francisco townhouse valuesdipped -4.8% from a year ago.$1.28Mmedian sale priceYear over year-4.8%Homes sold last month1$1.06M$880K$704K$1.28MJan 2015Apr 2020May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Time to sell

TIME TO SELLSouth San FranciscoTownhouses · May 2026The typical South San Franciscotownhouse goes pending in 21 days, 7days slower than last year.21 daysmedian time to pendingGone within two weeks0%vs. a year ago7 days slower121d81d40d21dAug 2022May 2024May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Active listings

ACTIVE LISTINGSSouth San FranciscoTownhouses · May 2026South San Francisco inventory is up50.0% year over year, so sellers havemore competition.3active listingsYear over year+50.0%Months of supply3.04323Aug 2022Mar 2024May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Price cuts

PRICE CUTSSouth San FranciscoTownhouses · May 20261 in 2 South San Francisco listings cutits asking price last month, up 17 ptsfrom a year ago.67%of active listings cut their asking pricevs. a year ago+17 ptsActive listings341%33%25%67%Aug 2022May 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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The two-speed market

THE TWO-SPEED MARKETSouth San FranciscoTownhouses · May 2026Only 0% of South San Franciscotownhouses went pending within twoweeks. Most listings are taking their…0%of listings went pending within two weeksMedian time to pending21 daysvs. a year ago-100 pts55%33%12%Half of listings0%Aug 2022Apr 2024May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

10-year price growth

WAITING HAS A PRICESouth San FranciscoTownhouses · May 2026South San Francisco townhouse values areup +28% over the past 10 years.+28%median sale price growth since 2016Median price in 2016$1MAverage gain per year+2.5%$951K$816K$681K$1.28MJan 2015Apr 2020May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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