50Alpha

San Francisco, CA metro area Housing Market Brief

metro · CA · as of August 2026

Balanced

What is San Francisco, CA metro area’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
91
Inventory Health25%
44
Affordability20%
0
Economic Strength20%
-2.267
Rental Yield15%
49

Where is San Francisco, CA metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

San Francisco, CA metro area is classified as Declining cooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for San Francisco, CA metro area?

Our model forecasts San Francisco, CA metro area’s home prices to hold flat over the next 12 months (medium confidence).

This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.

San Francisco, CA metro area housing market data

MetricValueYoY
Median Sale Price$1.8M▲ +18.4%
Median Days on Market15 days-32.7%
Months of Supply1.6-31.1%
Homes for Sale1,710-23.2%
Homes Sold1,044▲ +25%
Median Price / Sq Ft$1K▲ +13.1%

How has San Francisco, CA metro area’s Alpha Score moved?

Now: 50
12-period trend
Median sale price · 12 mo

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Frequently asked questions

Is San Francisco, CA metro area a buyer's or seller's market?

As of August 2026, San Francisco, CA metro area is classified as a Balanced Market, based on its Alpha Score of 50 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in San Francisco, CA metro area?

The median sale price in San Francisco, CA metro area is $1.8M, having risen 18.4% over the past year.

How affordable is San Francisco, CA metro area?

San Francisco, CA metro area scores 0 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving San Francisco, CA metro area's Alpha Score?

San Francisco, CA metro area's strongest dimension is Price Momentum (91/100) and its weakest is Affordability (0/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of San Francisco, CA metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.