Short answer: it is a seller's market, and for single-family homes it is one of the tightest we have seen in years.I get asked this question every week, so here is where San Francisco stands in the latest Prism San Francisco Market Report, published October 9, 2026, and what I am telling my own buyers and sellers right now.The numbers• Single-family median price: $1.855M, up 24% year over year• Share of single-family sales closing above list: 85%• Active listings across the city: 570, down 35% year over year• Median days on market for a single-family home: 21, down from 30• Months of supply, single-family: 1.0. A balanced market usually sits around five to six• Condo median price: $1.233M, up 22% year over year• Months of supply, condos: 1.9, and 54% of condos still sold above listSource: Prism October 2026 San Francisco Market Report.What this means if you are buyingOne month of supply means homes are selling about as fast as they are listed. When the right home comes up, there is rarely time for a second look or a slow decision. The buyers who are winning right now are the ones who did the work before the tour: pre-approval done, numbers known, documents ready.Condos give you a little more room. Supply there is closer to two months and homes take longer to sell, 44 days at the median. A little more room is not the same as an easy market though. More than half of condos still closed above list.What this means if you are sellingDemand is not your problem. There are more buyers than homes, and that has not changed. What decides your result is preparation and pricing. Homes that are priced with care and ready for photos and tours are the ones drawing the competition these numbers describe. If you are thinking of selling into this market, the conversation to have early is what your home could command and what it needs before it lists.Questions people ask meIs San Francisco a buyer's or seller's market right now?A seller's market. Single-family homes sit at one month of supply, and 85% of them closed above list in the latest Prism report.What is the median home price in San Francisco?$1.855M for a single-family home, and $1.233M for a condo, per the Prism October 2026 report.How fast are homes selling in San Francisco?A median of 21 days on market for single-family homes. Condos take longer, a median of 44 days.Are condos easier to buy than houses right now?Somewhat. Condos have about twice the supply of single-family homes, but 54% still sold above asking, so come prepared either way.Thinking about a move and want a straight read on your street or your building? Reach out. I am glad to talk it through.Your home, your timing, your goals. That is where we start.Donna Chan | eXp Luxury | DRE 01774693
