San Francisco County - Q4 2024 Market Overview

San Francisco County's real estate market in Q4 2024 reflected seasonal cooling trends, with active listings declining significantly by the end of the quarter. Sold listings followed a similar downward trajectory, indicating subdued buyer activity. Despite fluctuating sales volumes, the median sales price remained resilient at around $1.3M, reflecting strong property value retention. The average days on market increased, with homes taking longer—approximately 60 days—to sell, highlighting a slower transaction pace. The average price per square foot also softened slightly, reflecting more cautious buyer behavior as the market adjusted to broader economic conditions.