The housing market in San Francisco in February continues to outperform many national trends and the momentum looks strong heading into 2026.
While some markets are seeing slowing price growth, San Francisco’s median home prices continue to rise, driven by extremely limited housing supply and increasing demand fueled by the city’s expanding AI and tech sector.
Here’s what we’re seeing:
• Competitive bidding and faster home sales
• Strong demand for both houses and condos (with condos making a notable rebound)
• Rising rents due to an influx of high-tech workers
• Increased buyer purchasing power tied to innovation-driven wealth
Despite broader economic uncertainty, steady mortgage rates and strong market fundamentals are keeping buyer activity high. And in the Bay Area, the spring market often begins as early as February — meaning competition is already heating up.
The takeaway: San Francisco real estate remains driven by limited inventory, strong demand, and long-term economic innovation.
