San Francisco Real Estate Market Report - August 2020

San Francisco Real Estate Market Report 
August 2020

As illustrated below, the San Francisco market currently reflects a variety of both positive and negative indicators. Among Bay Area markets, the city is seeing the softest recovery from the initial shelter-in-place plunge in activity in early spring, while some other counties - less expensive, more suburban or rural - are experiencing extremely high demand. (See table near the end of this report.) 

Within San Francisco itself, supply and demand conditions have diverged dramatically between house and condo markets, with the latter being far weaker and rapidly climbing into "buyer's market" territory.  

Median Home Sales Prices 

On a 3-month rolling basis, San Francisco median house sales prices are as high as they've ever been. The median condo sales price, while not particularly low, has been running lower than the highs of last year.