San Francisco, CA 94110 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

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

Key Findings

1. The primary market-value indicator is the median sold price of $1,485,000, which reflects realized transaction levels and supports characterizing recent pricing as elevated relative to typical Bay Area norms; hot market conditions and a positive price year-over-year trend accompany this level.
2. Comparing transaction signals to seller expectations shows a meaningful listing-to-sale gap: the median listing price of $1,247,000 sits below the median sold price, which may indicate strong bidding or priced-to-move listings that attracted higher sale outcomes; interpret this as potential pricing friction between asking and final sale.
3. Liquidity appears muted despite strong prices: the median days on market of 403 suggests slower sales velocity and extended marketing periods for many SFR and condominium transactions, which may indicate higher buyer selectivity or timing mismatches rather than weak nominal demand; slower transaction velocity.
4. Market drivers remain supportive: the market is characterized as hot with a price year-over-year trend of up and rent year-over-year trend of up, while interest rate pressure is moderate (current 30-year fixed mortgage rates averaging 6.53%); monitor rate sensitivity as rates at this level can temper buyer price tolerance even in a hot pricing environment.

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.