South San Francisco Housing Market Report – July 2026
Here's a look at how the South San Francisco, CA real estate market performed in July 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 35
- Median Sale Price: $1,100,000
- Average Sale Price: $1,060,994
- Average Price Per Sq Ft: $884
- Average Days on Market: 61
- Sale-to-List Price Ratio: 104.9%
Month-Over-Month Trends
Compared to June, the median sale price in South San Francisco moved 15.4% down (from $1,300,000 to $1,100,000). The number of homes sold was 12.5% down compared to the prior month (40 vs. 35). Average days on market shifted 41.9% up (43 days to 61 days).
Year-Over-Year Comparison
Compared to July 2025, the median sale price is 5.0% down (from $1,158,000 to $1,100,000). Sales volume is 2.8% down year-over-year.
What This Means
South San Francisco's real estate market is showing signs of summer softness, with both sales activity and prices pulling back noticeably from June. The median price dropped over 15 percent month-over-month to $1.1 million, which is a sharper decline than the modest 5 percent year-over-year dip. More telling is the jump in days on market from 43 to 61 days—homes are sitting longer before finding buyers. This suggests cooling demand rather than a seasonal blip, though July's heat and back-to-school timing typically slow transactions anyway.
What's interesting is that despite longer marketing times, homes are still closing above asking price at 104.9 percent, indicating pent-up demand when the right property hits the market. However, the pipeline is tightening: only 35 homes sold versus 40 in June, and the active listing inventory at 66 units is relatively lean. Buyers clearly have options but aren't rushing, likely due to persistent mortgage rates that continue to weigh on purchasing power in this price range.
For sellers, the message is clear: pricing aggressively matters. The gap between median asking price on active listings ($964,500) and actual sale prices suggests overpriced inventory is stalling. In this moderating market, condition and realistic pricing will separate quick sales from extended listings.
South San Francisco Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 94080 | 35 | $1,100,000 | $884 | 61 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 23 | $1,236,000 | $884 |
| CONDOS | 9 | $840,000 | $776 |
| TOWNHOMES | 2 | $812,000 | $688 |
| MULTI_FAMILY | 1 | $1,613,000 | $2,240 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $500K - $749K | 4 |
| $750K+ | 31 |
Current Active Listings
As of this report, there are 66 active listings in South San Francisco with a median asking price of $964,500 and an average of 56 days on market.
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