San Francisco, CA 94117 Real Estate Market Report

ZIP Code: 94117
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

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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.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in San Francisco are 6.49%, which is 0.09% higher than the 2026 year-to-date average of 6.40%.

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

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Key Findings

1. $2,527,559 as the median sold price is the primary indicator of market value and recent transaction outcomes, supporting a hot marketTemperature and aligning with the observed price year-over-year trend being up.

2. The market shows extended selling timelines with a median days on market of 417, which suggests slower sales velocity despite strong price levels — this may indicate pricing friction or selective buyer activity rather than broad market weakness.

3. Pricing intensity is confirmed by a median price per square foot of 1,278, which, combined with a median market rent of 3,995 and rent year-over-year trend up, supports sustained demand for both owner-occupied and rental-quality SFR and condominium product.

4. Interest rate context is a moderating factor: property rate comparison reports current 30-year fixed mortgage rates in San Francisco are 6.49%, which is 0.09% higher than the 2026 year-to-date average of 6.40%, and interest rate pressure is characterized as moderate; this may constrain some buyer segments even as price momentum remains positive.

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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 94117 Real Estate Market Report

ZIP Code: 94117
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

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.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in San Francisco are 6.49%, which is 0.09% higher than the 2026 year-to-date average of 6.40%.

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

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Key Findings

1. The neighborhood's primary market indicator, median sold price, is 1,197,000, signaling robust transaction-level pricing and supporting the view that recent closed sales are the best measure of current market value; hot market conditions underpin this price strength.

2. There is a notable gap between median listing price (937,000) and the median sold price, which may indicate seller asking prices are lower than recent closed transactions or that representative sold homes are skewing higher; this gap suggests pricing friction between listings and closed sales that agents should address in offer strategy and pricing guidance.

3. Despite strong price signals, the median days on market is 383, which suggests slower sales velocity and that some listings remain on market for extended periods; sellers and investors should plan for longer marketing windows when setting timelines and contingency plans.

4. Market context supports a continued favorable pricing environment: price year-over-year trend is up, market temperature is hot, rent year-over-year trend is up, and interest rate pressure is moderate (with local 30-year fixed mortgage rates at 6.49%, which is 0.09% higher than the 2026 year-to-date average of 6.40%); this combination points to strong price momentum but with interest-rate-related caution for financing-sensitive buyers.

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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.