San Francisco - Real Estate October 2022 Report

San Francisco real estate market is thriving. This report will give you an inside look at the latest trends in our market, including sales price and inventory data, as well as information on luxury homes. We’ll also take a look at what’s happening with rental rates so you can make informed decisions about your next move.

The Mortgage Interest Rates as of November 3,2022 are as follows: 30-Year Fixed (6.95%), 15-Year Fixed (6.29%), and 5/1 Adjustable (5.95%.)

The number of San Francisco home sales for October 2022 was down about 38% compared to the home sales for October 2021.This is also by far the lowest October total since 2011. The 3-month rolling, median house sales price in October 2022 in San Francisco was down a little over 8%. 

As of November 1, 2022 the Active and Coming Soon Listings in San Francisco sums up to 1,536. Since April 2022 the percentage of active listings expire or are withdrawn without being sold had tripled for October 2022. The percentage of sales closed over final list price is now at 50%, which is 23% less than the data in April of 2022. This shows an increase in overbidding.

Check below to see the graphs and charts for this market report:

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