San Francisco County – Q1 2026 Market Overview



San Francisco County entered 2026 with inventory ticking up slightly from late 2025 levels before declining early in the quarter and then rebounding toward the end of Q1. Sales activity followed a similar pattern, dropping at the start of the year before recovering, signaling improving buyer engagement heading into the spring market. Median sales prices experienced some volatility but trended upward overall, reaching the mid-to-high $1.6M range by quarter-end. Price per square foot also increased, indicating strengthening pricing conditions. Days on market spiked early in the year before declining significantly, reflecting a shift from a slower winter pace to more active conditions as Q2 approaches.