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Montgomery & Lee Team Market Reports

San Francisco August 2025

San Francisco held steady in June despite ongoing regional headwinds, with home prices, sales volume, and buyer demand all outperforming much of the Bay Area. Median prices for both houses and condos reached their highest levels since the peak of the pandemic boom, and nearly 80% of house sales closed above asking. As economic uncertainty eased and interest rates began to decline, confidence appeared to return to the market, signaling strong momentum heading into the second half of the year.

San Francisco July 2025

San Francisco held steady in June despite ongoing regional headwinds, with home prices, sales volume, and buyer demand all outperforming much of the Bay Area. Median prices for both houses and condos reached their highest levels since the peak of the pandemic boom, and nearly 80% of house sales closed above asking. As economic uncertainty eased and interest rates began to decline, confidence appeared to return to the market, signaling strong momentum heading into the second half of the year.

San Francisco June 2025

San Francisco continued to outperform much of the Bay Area in May, with rising prices, steady inventory, and more homes selling over asking. While regional activity softened due to economic uncertainty, SF’s market remained resilient, driven by demand for well-prepared, competitively priced homes.

San Francisco May 2025

While much of the Bay Area faced shifting tides in April, San Francisco’s single-family home market held steady, driven by demand for turnkey, well-priced properties. Condo activity was more tempered, as buyers navigated growing economic uncertainty. Still, low inventory and selective confidence continued to shape a competitive landscape.

San Francisco April 2025

San Francisco’s market held strong in March, with single-family homes drawing swift, competitive offers. While the condo market moved at a steadier pace, buyer interest remained active across the board. As spring gains momentum, low inventory and renewed confidence are driving the market forward.

San Francisco March 2025

Market activity surged in February, with homes selling faster and above asking. SF’s inventory remains stable, while luxury condo sales spiked. As the spring market heats up, interest rates fall amid economic uncertainty.

San Francisco February 2025

The start of 2025 brought the typical New Year rebound, with new listings and contract activity climbing from December’s seasonal low. Both are expected to rise steadily as the year progresses.

San Francisco January 2025

In 2024, home prices rose, new listings and sales increased, but remained below norms. Luxury sales outperformed, overbidding eased, and listings took longer to sell.

San Francisco December 2024

By late November, Bay Area markets slow, with December offering buyers the best chance to negotiate on long-listed properties.

San Francisco November 2024

October 2024 saw rising prices, soaring luxury sales, and peak market activity since spring 2022.

San Francisco October 2024

San Francisco – city wide trending for October 2024. Major indicator is that the world is a better place.

National Interest Rate Report

Rates continue to come down.

October 2024 Bay Area Report

An overview of the market for the entire Bay Area.

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