San Francisco, CA 94115 Real Estate Market Report

ZIP Code: 94115
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.

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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.

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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.

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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.

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Property Taxes

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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.

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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.

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Key Findings

1. median sold price $4,565,500 is the primary indicator of market value and recent transactions in 94115; with the market temperature reported as hot, this level suggests continued strong price support for closed deals amid current conditions.

2. median days on market 408 signals markedly slower sales velocity for the sample of recent transactions and may indicate elevated negotiation time or pricing friction despite a hot market; sellers should expect extended marketing timelines compared with typical fast-turn markets.

3. median price per square foot $1,342 combined with the up price year-over-year trend suggests per-unit value appreciation is occurring, supporting pricing power for well-positioned SFR and condo listings in competitive submarkets.

4. median market rent $3,800 and the up rent year-over-year trend point to strengthening rental demand, while moderate interest rate pressure may temper buyer affordability and transaction pace—position pricing and financing strategy accordingly.

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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.

San Francisco, CA 94115 Real Estate Market Report

ZIP Code: 94115
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.

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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.

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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.

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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.

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Property Taxes

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Liquidity & Velocity

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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.

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Key Findings

1. median sold price: 1,383,000 is the primary market-value signal for recent transactions in 94115; this level supports valuation for both SFR and condo comps and suggests sellers are achieving strong realized prices.

2. median days on market: 425 indicates notably slower sales velocity in the sample and may signal pricing friction or selective buyer activity; monitor time-to-contract closely to identify when listing price adjustments are needed.

3. median price per square foot: 1,052 remains elevated relative to many Bay Area submarkets, supporting premium pricing for well-located or upgraded units; prioritize quality comps when appraising or underwriting deals.

4. market temperature: hot alongside a moderate level of interest rate pressure and rising rent trends (median market rent: 4,200; rent year-over-year trend: up) suggests continued demand pressure — evaluate financing sensitivity for buyers and underwriting stress tests for investors.

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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.