Similar to last year, we noticed several of the early bird listings perform very well in the city and Marin after the slow down during the holidays with limited inventory.  There were several properties that had 30-50 disclosure packages and 10-20 offers, reminiscent of the Covid bounce that we experienced when the market was in a complete frenzy.  We saw properties that had been marketed in 2025 and did not sell, then come back on in the first quarter or 2026 and were snapped right up. Even though interest rates have bumped up there is a lot of cash in the market at all price points. Buyers needed to have all of their ducks in a row and be prepared to compete. As we head into Q2 the winds have shifted slightly, as they did last spring with the tariffs, now with the war in Iran, gas prices and inflation on the rise. Obviously, no market is immune to the global economic shifts that can occur but we still see a healthy amount of buyer activity and momentum despite the rumbles in the news. We expect Q2 to post some pretty impressive volume and pricing on noth sides of the bridge.  

Marin County Q1 2026 

Marin Market Overview

• Median Sales Price $1,700,000

• Days on market 20

• $ / SQ. FT. $837

• # For Sale On Last Day Of Quarter 232

• Went Into Contract 377

• Properties Sold 333
  
  

Marin County’s housing market saw a notable pickup in activity in Q1 2026, with buyer engagement increasing meaningfully compared to the same time last year. The number of homes sold rose 5.4% to 333 for single-family homes and jumped 16.9% to 76 for condominiums, while pending sales increased 7.4% and 11.4% respectively. This acceleration in transaction volume signals that buyers are re-engaging as we head into the spring market. Inventory trends were mixed. Single-family home inventory increased 32.6% year-over-year to 232 homes, offering more options for buyers. Despite this increase in supply, overall inventory remains relatively constrained, continuing to support a competitive environment for well-priced homes. Pricing performance diverged by property type. The median sales price for single-family homes held steady at $1,700,000, with price per square foot rising 1.6%, reflecting continued stability at the higher end of the market. Homes are still moving relatively quickly. Median days on market increased modestly to 20 days for single-family homes and 33 days for condominiums, indicating a more balanced pace compared to prior years, while still reflecting healthy underlying demand. Looking ahead, Marin County is well positioned for an active spring season. Mortgage rates have moved higher from recent lows, rising from just under 6% in late February to the mid-6% range after five consecutive weekly increases, before easing slightly in the latest reading. Despite this volatility, rates remain below year-ago levels, and buyers have largely adapted to the current environment.

San Francisco Q1 2026 

San Francisco Market Overview

• Median Sales Price $1,975,000
• Days on market 11
• $ / SQ. FT. $1,129
• # For Sale On Last Day Of Quarter 179
• Went Into Contract 433
• Properties Sold 420
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San Francisco’s housing market kicked off 2026 with one of the strongest first quarters in recent memory, driven by sharp price gains, fast sales, and historically low inventory. The headline number: single-family home prices surged 21.2% year-over-year to $1,975,000, one of the largest increases in recent cycles. Homes are selling for an average of 119.3% of list price, the highest level on record, and nearly 80% selling above asking. Homes are moving quickly, averaging just 11 days on market. Inventory remains the defining constraint. The number of homes for sale declined 19.0% year-over-year, while both contracts and closed sales dipped slightly, reinforcing that limited supply, not demand, is holding back transaction volume. The condo market is also gaining momentum. The median price rose 14.5% to $1,225,000, while the pace of sales accelerated significantly, with days on market dropping 48.1% to just 14 days. More than half of condos (51.2%) sold above asking, a dramatic increase from last year, and sellers received an average of 104.6% of list price. Inventory declined 22.4%, further tightening the market. This strength is being fueled by several key factors. The AI-driven wealth effect continues to bring high-income buyers back into the market, while a strong stock market and steady job growth are boosting confidence. San Francisco enters the spring season with clear momentum. Demand is strong, supply remains constrained, and competition is intensifying across both houses and condos.