Monthly Market Intelligence

Bay Area market reports.

October 2026 market summaries for San Mateo County and San Francisco, using September housing data from Compass, with practical guidance for your next move.

Monthly Market Reports

Two counties. Two distinct markets.

County-level data provides a useful starting point, but property type, neighborhood, condition, price range, and current competition can produce a very different result. Use these reports for orientation, then apply the numbers to the specific property or search.

October 2026 Edition · Data for September 2026

The numbers, with local context.

Read the county summaries below without leaving JohnSaddi.com. House and condo results are separated so you can compare the property type that matters to your move.

Prepared by John Saddi · Broker Associate, REALTOR® & Luxury Property Specialist at Compass · DRE #02060635. Reviewed October 7, 2026. September figures are preliminary; later-reported closings can change the results.

September 2026 · Preliminary

San Mateo County market snapshot.

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San Mateo County · September 2026
MetricSingle-family homesCondos
Median sale price$2,175,000 (+9% YoY)$756,500 (-2% YoY)
Closed sales322 (-12% YoY)70 (-7% YoY)
Active listings473 (-16% YoY)233 (-1% YoY)
Days on market2438
Sales above list price63%33%
Share of September sales above list price
Single-family63%
Condos33%

Both bars use a 0–100% scale. Above-list sales depend on asking-price strategy; this is not a measure of price appreciation.

What to consider

The house market paired a higher median price with fewer closings and fewer active listings than a year earlier. That combination deserves a property-specific review: a smaller pool of sales can also change the mix of homes represented in the median. Condos show a different price pattern, so house statistics should not be used to price a condominium.

Source: Compass October 2026 report, county recap, page 6; MLS data through October 5, 2026. YoY compares September 2026 with September 2025. Figures are preliminary and subject to revision.

September 2026 · Preliminary

San Francisco County market snapshot.

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San Francisco County · September 2026
MetricSingle-family homesCondos
Median sale price$2,050,000 (+17% YoY)$1,355,500 (+23% YoY)
Closed sales191 (+4% YoY)230 (-2% YoY)
Active listings237 (-18% YoY)521 (-33% YoY)
Days on market1632
Sales above list price92%66%
Share of September sales above list price
Single-family92%
Condos66%

Both bars use a 0–100% scale. Above-list sales depend on asking-price strategy; this is not a measure of price appreciation.

What to consider

Both property types recorded higher median prices and fewer active listings than a year earlier. The share of above-list house sales points to competition, but it does not measure appreciation or establish a universal offer premium. Buyers still need comparable sales and disclosure review; sellers still need realistic pricing and a preparation plan.

Source: Compass October 2026 report, county recap, page 6; MLS data through October 5, 2026. YoY compares September 2026 with September 2025. Figures are preliminary and subject to revision.

Apply the snapshot

Start with the property you own—or want.

Buying

Compare recent sales and active alternatives in your neighborhood and budget. Decide which terms and ownership costs you can comfortably support before competing for a home.

Explore buyer guidance

Selling

Separate county trends from your likely sale proceeds. Condition, preparation costs, and nearby competition belong in the pricing discussion.

Plan the sale and your next purchase

This is a dated snapshot, not a live feed. The full-report links below may display a newer edition when Compass updates them.

Using the Data

Market averages do not buy or sell an individual home.

For buyers

Use county trends to establish context, then evaluate recent comparable sales, competing listings, property condition, disclosures, and the likely offer environment.

For sellers

Use broad trends to understand momentum, then build pricing and launch decisions around the home’s specific buyer pool, condition, timing, and alternatives.

Apply the Numbers

Let’s discuss what the market means for you.

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