For single-family homes, San Francisco is firmly a seller’s market. Well-priced houses in desirable neighborhoods regularly attract multiple offers and sell above asking. The condo market is closer to balance, with longer days on market and more room to negotiate in certain buildings and areas.
What you actually experience depends on the specific neighborhood, price point, and property type. I track these conditions at the micro-market level so buyers and sellers know exactly what dynamics they’re walking into. I publish regular market updates on the blog if you want to follow along.