Mike Bohnert | The Bohnert Group

South San Francisco, CA

Single-Family Homes

DRE #01325031


South San Francisco, CA

Wed Apr 23 2025
This week the median list price for South San Francisco, CA is $1,199,000 with the market action index hovering around 66. This is an increase over last month's market action index of 63. Inventory has increased to 19. Click here to stay informed with the South San Francisco market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to have been falling a bit recently. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

South San Francisco, CA

Wed Apr 23 2025
This week the median list price for South San Francisco, CA is $1,199,000 with the market action index hovering around 66. This is an increase over last month's market action index of 63. Inventory has increased to 19. Click here to stay informed with the South San Francisco market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to have been falling a bit recently. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Real-Time Market Profile

Never miss important changes in the South San Francisco market.
Median List Price $1,199,000
Median Price of New Listings $1,198,444
Per Square Foot $891
Average Days on Market 80
Median Days on Market 7
Price Decreased 11%
Price Increased 0%
Relisted 0%
Inventory 19
Median Rent
Market Action 66
Strong Seller's Market

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,538,999 2,336 4,500 - 6,500 sqft 4 2.5 98 2 1 7
$1,490,000 2,270 0 - 4,500 sqft 3 2 71 1 0 28
$1,198,000 1,243 0 - 4,500 sqft 3 2 72 3 3 0
$998,000 937 0 - 4,500 sqft 2 1 77 2 2 7