Maggie's Market Minute: SF Houses Stay Hot as Bay Area Markets Cool

SF Houses Stay Hot as Bay Area Markets Cool

In April, as much of the Bay Area struggled with rising uncertainty—both in the housing market and on the broader political and economic fronts—San Francisco stood out for its relative stability. The single-family home market, in particular, continued to attract strong buyer interest, while the condo sector remained soft, with weaker demand and declining prices. A Market of Contrasts Across the city, the market has become increasingly uneven. Some homes are flying off the market with multiple offers well over asking, while others—despite appearing similar in price, condition, and location—are receiving little to no attention. Luxury Segment Defies the Uncertainty Amid the broader turbulence, the luxury segment continues to outperform. Sales of homes priced at $5M+ rose 24% year over year, reflecting sustained demand and strong buyer confidence at the high end of the market.

The Scoop

Inventory and Sales Activity (April 2024 vs. April 2025) Inventory: Up 9% year over year — a modest increase compared to other Bay Area counties where inventory has spiked (some up 70% year over year) Listings under contract: Saw a slight uptick Closed sales: Declined slightly Price reductions: Held steady, unlike the sharp increases seen elsewhere in the Bay Area Home Prices (April 2024 vs. April 2025) Median house prices: Flat Median condo prices: Declined Despite Economic Concerns, Buyer Demand is Strong for: Move-in-ready homes Well-priced properties Prime locations READ MORE

Featured Transactions

871-873 Alvarado St Noe Valley 4 BD 3 BA 2,055 SQFT $2,450,000 Buyer Represented 11 Divisadero St Buena Vista 2 BD 1 BA 1,109 SQFT $1,340,625 Sold 1033 Jones St Downtown 3 BD 2 BA 1,875 SQFT Pending 241-243 Missouri St Potero Hill 6 BD 4 BA 2,604 SQFT $2,156,000 Buyer Represented 231 Clinton Park Mission Dolores 2 BD 1 BA 1,290 SQFT $1,225,000 Sold 2405 23rd St Inner Mission 2 BD 2 BA 1,365 SQFT Pending

Are you, or someone you know, ready to move? Let me know - I can help! Cheers, Maggie

MAGGIE VISSER Top 1.5% of Agents Nationwide Top 3% of SF Agents (MLS) DRE 01925742 415.793.3470 maggie@maggievisser.com

Compass is a real estate broker licensed by the State of California operating under multiple entities. License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467. All material is intended for informational purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.

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