Q2 2026 Marin County and San Francisco Real Estate Market Update
Our Perspective
Across Marin County and San Francisco real estate, Q2 rewarded sellers who paired smart pricing with strong presentation. But even when the market favors sellers, it is still incredibly important to remain hyper-focused on preparation and presentation. Even in a hot market, buyers are evaluating and comparing homes with an eye towards convenience and style that they don’t have to manufacture. Homes that are upgraded and require little to no work for the buyer perform the best. We listed a home in Sycamore Park in Mill Valley that had all the bells and whistles, with amazing curb appeal, a great backyard, and a sensible floor plan, but the finishes were dated. The sellers could have just sold AS IS and taken advantage of a little bump from the strong market, but they saw the value in letting us transform the cosmetics. We put in new wood floors, new bathroom tile, and new vanity, lighting, plumbing fixtures, and landscaping. We sold the house for $550,000 above the asking (25% above list) more than quadrupling the investment they made in the upgrades.
For buyers, we had to remain focused and patient. In competitive situations, we made sure all of our ducks were in a row, we had in-depth intel on the property condition and the competition, and we went in strong out of the gate. As of late, we have been seeing more multiple-offer scenarios in which the seller just accepts the highest offer and doesn’t counter so going in with our best offer was a winning strategy. We also worked proactively to find some attractive deals for clients who were willing to put in work to reinvigorate a dated home. As the second half of 2026 begins with limited supply and firm market confidence, we expect to see a robust fall market.
Marin Market Overview
Median Sales Price $1,865,000
Days on market 13
$ / SQ. FT. $956
# For Sale On Last Day Of Quarter 242
Went Into Contract 655
Properties Sold 713
Mortgage rates remain volatile but are also below last year, with the average 30-year fixed rate at 6.49% on July 9, compared with 6.72% one year earlier. Overall, Q2 reflected a Marin market with strong momentum. Single-family homes remain firmly seller-favored, while the sharp increase in condominium activity shows that demand is broadening across property types. Well-prepared and strategically priced homes should remain well positioned as the market moves into the second half of 2026.
San Francisco Market Overview
Median Sales Price $2,150,000
Days on market 12
$ / SQ. FT. $1,202
# For Sale On Last Day Of Month 115
Went Into Contract 670
Properties Sold 778
The San Francisco housing market was even more competitive. The median single-family home price climbed 22.2% to $2.15 million, while nearly 85% of San Francisco homes sold above asking. The San Francisco condo market also improved, with sales up 24.4%, inventory down more than 40%, and median days on market falling to 15. Overall, Q2 reinforced San Francisco’s position as one of the strongest and most competitive housing markets in the Bay Area. Single-family homes are seeing exceptional pricing power, condos are showing renewed depth and urgency, and the broader city narrative continues to improve. For sellers, preparation and pricing are being rewarded. For buyers, opportunity still exists, but hesitation has become more expensive. The tone heading into the second half of the year is confident, active, and decidedly positive.