08/13/2026
JULY MARKET UPDATE | SAN FRANCISCO BAY AREA
The Bay Area housing market continues to show resilience heading into the second half of 2026.
Despite the seasonal summer slowdown, demand remained strong while inventory tightened, with active listings down 15% year-over-year across the region.
A few numbers worth noting:
• 48% of homes sold above asking price
• Those homes sold for an average of 12% over list price
• Homes spent an average of just over 32 days on market
• The regional median sale price held steady at $1.30M
• Luxury sales continued to outperform, with sales above $3.5M up more than 24% year-over-year
• San Francisco’s median sale price rose nearly 25% year-over-year to $2.05M
The takeaway: limited inventory and resilient demand are continuing to shape the market — but conditions vary significantly by neighborhood and price point.
As we move toward fall, the outlook remains cautiously optimistic, with strong employment and wage growth supporting demand, even as mortgage rates and economic volatility create new considerations for buyers and sellers.
Thinking about making a move? The numbers matter — but knowing what they mean for your specific market matters even more.