Market Report - May 2025

by Christine Daigle

MARKET NEWS - San Francisco is Bouncing Back

While interest rates remain steady around 6.85%, the San Francisco real estate market is showing strong signs of momentum.

A resurgence in office mandates and a growing investment in AI, led by major players like Nvidia eyeing expansion in the city, are drawing talent and energy back to San Francisco.

As a result, home values are climbing:

- Median Sales Price rose 7.5% to $1.8M for Single-Family homes

- Condo/TIC/Coop prices jumped 12.2% to $1.3M

- Months Supply of Inventory fell 9.5% for Single-Family homes and 18% for Condos

The market is tightening as demand returns. San Francisco is once again on the radar for buyers, investors, and innovators alike.

* Note: A drop in Months Supply of Inventory (MSI) means that homes are selling faster and inventory is tightening. Here’s what that typically signals:

• Increased buyer demand
• Fewer homes available
• Upward pressure on prices