San Francisco, CA 94105 Real Estate Market Report
ZIP Code: 94105
Report Date: May 2026
Market Temperature: HOT
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.
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
Note: 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
Market Trends & Context
Understanding Market Temperature
A Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.
Key Findings
-
The primary market indicator remains the median sold price of $1,239,000, which reflects realized transaction values and suggests strong price levels for recent closings in 94105; despite high asking levels, the market appears to clear nearer to this sold-price benchmark. hot market temperature supports continued seller pricing power.
-
There is a meaningful gap between the median listing price of $1,342,500 and the median sold price of $1,239,000, which may indicate persistent seller optimism or listing-price friction where sellers set premiums above what transactions are currently achieving.
-
Liquidity appears mixed: the median days on market of 354 signals slower sales velocity for properties that transact and may reflect extended marketing periods or selective buyer activity; this should be interpreted as slower turnover rather than broad market weakness. slower sales velocity
-
Market drivers are supportive: year-over-year trends show price up and rent up, and the market is classified as hot, while interest rate pressure is moderate—together these factors suggest continued upward pricing pressure and strengthening rental demand, though moderate interest rate pressure warrants caution for margin-sensitive buyers. up
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.
Recent Transactions
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Sold above market average
Sold above market average
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Sold below market average
Sold at market average
San Francisco, CA 94105 Real Estate Market Report
ZIP Code: 94105
Report Date: May 2026
Market Temperature: HOT
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.
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
Note: 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
Market Trends & Context
Understanding Market Temperature
A Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.
Key Findings
-
The primary indicator of recent market value is the median sold price of 1,224,100, which reflects completed transactions and supports the characterization of a hot market in this ZIP code.
-
The median listing price of 1,295,000 sits above the median sold price, which may indicate pricing friction between asking and transaction levels and suggests seller expectations exceed recent sale outcomes.
-
The median days on market of 354 is unusually long and, despite the hot market designation, appears to signal slower transaction velocity for properties that do not meet initial price or condition expectations.
-
The median price per square foot of 1,105 alongside a median market rent of 6,100 and an upward rent year-over-year trend indicates strong rental demand; combined with moderate interest rate pressure, this supports continued investor and landlord interest while cautioning on financing sensitivity.
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.
Recent Transactions
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Sold above market average
Sold above market average
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Sold below market average
Sold at market average
Investment Analysis
Compare rental income potential against ownership costs and benchmark against market averages.
Monthly rental income vs estimated ownership cost
20% down, 6.5% rate, 1.3% tax
Avg nightly rate and occupancy for this ZIP
Data Sources
Real estate market data & public records, and GemHaus® proprietary models.
Report generated: 5/1/2026
Get personalized market intelligence
Unlock deeper property intel in San Francisco, CA valuations, rent comps, operating costs, and pro-forma breakdowns.