San Francisco, CA 94105 Real Estate Market Report

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Market Metrics

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

Property Taxes

Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

Market Trends & Context

Key Findings

1. The best indicator of recent market value is the $1,343,000 median sold price, which reflects realized transaction levels in the neighborhood and suggests pricing is supported by closed deals rather than asking-price optimism; given the market is described as hot, these sold prices should be treated as evidence of continued upward pressure.
2. There is a meaningful gap between the $1,197,000 median listing price and the $1,343,000 median sold price, which may indicate pricing friction or rapid movement of higher-priced transactions versus the current listing mix — sellers should align expectations with recent sold price realizations when setting offers.
3. Liquidity appears mixed: the median days on market of 381 signals slower sales velocity on a time-to-contract basis, even as broader indexes classify the market as hot; this combination suggests relatively constrained active supply coexisting with longer listing durations for some properties, so price-setting and marketing strategy will be decisive.
4. Market fundamentals show strength in both capital and rental fronts: the median price per square foot of 1,139 and the median market rent of 5,300, alongside an upward rent year-over-year trend and upward price year-over-year trend, imply investor and landlord interest remains elevated while interest rate pressure is moderate, which may temper—but not reverse—price momentum.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.