San Francisco Market Report March 2021

1. March 2021 Monthly Snapshot
One-Year Change in One-Year Change in
Median Sales Price Single
Family
Median Sales Price
Condo/TIC/Coop
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
Current as of April 11, 2021. All data from the San Francisco MLS. Report © 2021 ShowingTime.
Condo/TIC/Coop Activity Overview
Inventory of Active Listings
% of Properties Sold Over List Price
% of List Price Received
Housing Affordability Ratio
All Properties Activity Overview
New Listings
Pending Sales
Sold Listings
Median Sales Price
Average Sales Price
Days on Market Until Sale
Activity by District
Monthly Indicators
+ 10.6% - 2.4% - 1.4%
One-Year Change in
Normal spring increases in sales activity, coupled with relaxing COVID-19
policies, created a very busy March real estate market as buyer demand
continued largely unabated in the face of rising home prices and mortgage
rates. Existing home seller and new construction activity continue to remain
below levels necessary to bring the market back into balance, pointing to a
busy and competitive buyer market in the coming months.
New Listings were up 33.9 percent for single family homes and 68.8 percent for
Condo/TIC/Coop properties. Pending Sales increased 61.0 percent for single
family homes and 146.7 percent for Condo/TIC/Coop properties.
The Median Sales Price was up 10.6 percent to $1,742,500 for single family
homes but decreased 2.4 percent to $1,220,000 for Condo/TIC/Coop
properties. Months Supply of Inventory decreased 32.1 percent for single family
units but was up 4.8 percent for Condo/TIC/Coop units.
While many homebuilders are working to increase their activity, the cost of
lumber and other materials and a backlogged supply chain continue to limit new
home construction and have increased costs substantially. New methods of
construction, including 3d printed homes, could speed construction and reduce
costs in the future, but realistically are several years away from making a
measurable impact in the market.
Median Sales Price
All Property Types
Residential real estate activity in San Francisco County (Districts 1-10)
composed of single-family properties, townhomes and condominiums. Percent
changes are calculated using rounded figures.
Single Family Activity Overview
Months Supply of Inventory

2. Single Family Activity Overview
Key metrics by report month and for year-to-date (YTD) starting from the first of the year.
Key Metrics Historical Sparkbars 3-2020 3-2021 Percent Change YTD 2020 YTD 2021 Percent Change
+ 1.6%
716
584 + 39.4%
$1,655,000 + 6.8%
+ 7.7%
Pending Sales 172 277 + 61.0% + 53.9%
438 674
New Listings 174 233 + 33.9% 705
Sold Listings 179 262 + 46.4% 419
Median Sales Price $1,575,000 $1,742,500 + 10.6% $1,550,000
28 + 7.7%
$2,170,954
-- --
Days on Market 21 23 + 9.5% 26
Avg. Sales Price $2,028,643 $2,245,557 + 10.7% $2,016,656
Active Listings 552 427 - 22.6% --
% of Properties Sold Over List Price 78.2% 74.4% - 4.9% 72.7%
34
68.5% - 5.8%
- 1.6%
33 - 2.9%
109.7%
% of List Price Received 114.1% 112.4% - 1.5% 111.5%
Current as of April 11, 2021. All data from the San Francisco MLS. Report © 2021 ShowingTime. | 2
Months Supply 2.8 1.9 - 32.1% -- -- --
Affordability Ratio 33 31 - 6.1%
3-2018 3-2019 3-2020 3-2021
3-2018 3-2019 3-2020 3-2021
3-2018 3-2019 3-2020 3-2021
3-2018 3-2019 3-2020 3-2021
3-2018 3-2019 3-2020 3-2021
3-2018 3-2019 3-2020 3-2021
3-2018 3-2019 3-2020 3-2021
3-2018 3-2019 3-2020 3-2021
3-2018 3-2019 3-2020 3-2021
3-2018 3-2019 3-2020 3-2021
3-2018 3-2019 3-2020 3-2021

3. Condo/TIC/Coop Activity Overview
Key metrics by report month and for year-to-date (YTD) starting from the first of the year.
Key Metrics Historical Sparkbars 3-2020 3-2021 Percent Change YTD 2020 YTD 2021 Percent Change
+ 30.9%
Pending Sales 182 449 + 146.7% 570 1,120 + 96.5%
New Listings 253 427 + 68.8% 1,035 1,355
Sold Listings 236 446 + 89.0% 565 989 + 75.0%
Median Sales Price $1,250,000 $1,220,000 - 2.4% $1,206,000 $1,175,000 - 2.6%
- 1.4%
57 + 54.1%
$1,316,191
-- --
Days on Market 27 45 + 66.7% 37
Avg. Sales Price $1,366,443 $1,360,605 - 0.4% $1,335,469
Active Listings 988 1,254 + 26.9% --
% of Properties Sold Over List Price 60.2% 42.6% - 29.2% 53.8%
51
34.9% - 35.1%
- 2.5%
54 + 5.9%
100.9%
% of List Price Received 104.1% 102.4% - 1.6% 103.5%
Current as of April 11, 2021. All data from the San Francisco MLS. Report © 2021 ShowingTime. | 3
Months Supply 4.2 4.4 + 4.8% -- -- --
Affordability Ratio 49 53 + 8.2%
3-2018 3-2019 3-2020 3-2021
3-2018 3-2019 3-2020 3-2021
3-2018 3-2019 3-2020 3-2021
3-2018 3-2019 3-2020 3-2021
3-2018 3-2019 3-2020 3-2021
3-2018 3-2019 3-2020 3-2021
3-2018 3-2019 3-2020 3-2021
3-2018 3-2019 3-2020 3-2021
3-2018 3-2019 3-2020 3-2021
3-2018 3-2019 3-2020 3-2021
3-2018 3-2019 3-2020 3-2021

4. New Listings
increases in sales
activity, coupled
with relaxing
Single
Family
Year-Over-Year
Change
Condo/TIC/
Coop
Year-Over-Year
Change
Apr-2020 175 -36.6% 229 -37.6%
May-2020 274 -11.3% 503 +34.5%
Jun-2020 358 +33.6% 578 +88.9%
Jul-2020 407 +75.4% 692 +111.6%
Aug-2020 351 +28.6% 648 +95.8%
Sep-2020 356 +1.7% 662 +26.8%
Oct-2020 365 +31.8% 520 +44.0%
Nov-2020 237 +40.2% 246 +45.6%
Dec-2020 142 +47.9% 232 +77.1%
Jan-2021 237 -8.1% 499 +32.0%
Feb-2021 246 -9.9% 429 +6.2%
Mar-2021 233 +33.9% 427 +68.8%
12-Month Avg 282 +14.4% 472 +44.4%
Historical New Listings by Month
Current as of April 11, 2021. All data from the San Francisco MLS. Report © 2021 ShowingTime. | 4
A count of the properties that have been newly listed on the market in a given month.
269
381
174
253
233
427
Single Family Condo/TIC/Coop
March
0
200
400
600
800
1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020 1-2021
Single Family Condo/TIC/Coop
727
1,062
705
1,035
716
1,355
Single Family Condo/TIC/Coop
Year to Date
2019 2020 2021
+ 68.8%
- 33.6%
+ 33.9%
- 35.3% - 2.5%
+ 1.6%
- 3.0% + 30.9%
2019 2020 2021 2019 2020 2021 2019 2020 2021
- 18.5% - 4.3% - 4.2%
- 1.3%

5. Pending Sales
increases in sales
activity, coupled
with relaxing
Single
Family
Year-Over-Year
Change
Condo/TIC/
Coop
Year-Over-Year
Change
Apr-2020 79 -68.5% 92 -70.0%
May-2020 162 -40.7% 141 -57.7%
Jun-2020 227 +8.6% 234 -5.3%
Jul-2020 276 +29.6% 242 +12.6%
Aug-2020 235 +37.4% 322 +54.8%
Sep-2020 281 +29.5% 305 +33.2%
Oct-2020 311 +17.8% 333 +5.4%
Nov-2020 307 +38.3% 299 +26.2%
Dec-2020 209 +57.1% 307 +100.7%
Jan-2021 174 +47.5% 293 +82.0%
Feb-2021 223 +50.7% 378 +66.5%
Mar-2021 277 +61.0% 449 +146.7%
12-Month Avg 230 +15.5% 283 +20.6%
Historical Pending Sales by Month
Current as of April 11, 2021. All data from the San Francisco MLS. Report © 2021 ShowingTime. | 5
A count of the properties on which offers have been accepted in a given month.
235
307
172 182
277
449
Single Family Condo/TIC/Coop
March
0
100
200
300
400
500
1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020 1-2021
Single Family Condo/TIC/Coop
492
662
438
570
674
1,120
Single Family Condo/TIC/Coop
Year to Date
2019 2020 2021
+ 146.7%
- 40.7%
+ 61.0%
- 26.8% - 13.9%
+ 53.9%
- 11.0% + 96.5%
2019 2020 2021 2019 2020 2021 2019 2020 2021
- 1.7% - 5.0% - 11.5%
- 10.0%

6. Sold Listings
increases in sales
activity, coupled
with relaxing
Single
Family
Year-Over-Year
Change
Condo/TIC/
Coop
Year-Over-Year
Change
Apr-2020 120 -51.8% 117 -64.0%
May-2020 114 -57.9% 113 -66.1%
Jun-2020 181 -12.6% 177 -32.2%
Jul-2020 238 -0.4% 266 +6.8%
Aug-2020 243 +24.6% 240 +12.1%
Sep-2020 257 +77.2% 323 +75.5%
Oct-2020 305 +10.9% 292 +8.6%
Nov-2020 284 +26.8% 341 +25.8%
Dec-2020 300 +42.9% 353 +54.1%
Jan-2021 160 +46.8% 267 +76.8%
Feb-2021 162 +23.7% 276 +55.1%
Mar-2021 262 +46.4% 446 +89.0%
12-Month Avg 219 +7.9% 268 +10.7%
Historical Sold Listings by Month
Current as of April 11, 2021. All data from the San Francisco MLS. Report © 2021 ShowingTime. | 6
A count of the actual sales that closed in a given month.
191
274
179
236
262
446
Single Family Condo/TIC/Coop
March
0
100
200
300
400
500
1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020 1-2021
Single Family Condo/TIC/Coop
426
554
419
565
584
989
Single Family Condo/TIC/Coop
Year to Date
2019 2020 2021
+ 89.0%
- 13.9%
+ 46.4%
- 6.3% + 2.0%
+ 39.4%
- 1.6% + 75.0%
2019 2020 2021 2019 2020 2021 2019 2020 2021
- 15.5% - 6.4% - 14.8%
- 5.5%

7. Median Sales Price
increases in sales
activity, coupled
with relaxing
Single
Family
Year-Over-Year
Change
Condo/TIC/
Coop
Year-Over-Year
Change
Apr-2020 $1,605,000 +0.3% $1,275,000 +4.1%
May-2020 $1,587,500 -2.0% $1,075,000 -12.2%
Jun-2020 $1,730,000 -1.1% $1,225,000 -5.4%
Jul-2020 $1,604,000 +3.5% $1,260,700 +5.1%
Aug-2020 $1,625,000 +1.6% $1,210,000 -2.1%
Sep-2020 $1,650,000 +8.2% $1,175,000 -9.6%
Oct-2020 $1,605,000 +0.3% $1,152,500 -11.4%
Nov-2020 $1,637,500 +7.2% $1,172,125 +0.2%
Dec-2020 $1,550,000 +11.7% $1,100,000 -7.2%
Jan-2021 $1,575,000 +7.9% $1,070,000 -7.4%
Feb-2021 $1,655,000 +2.8% $1,199,000 -4.8%
Mar-2021 $1,742,500 +10.6% $1,220,000 -2.4%
12-Month Avg* $1,625,000 +3.2% $1,175,000 -4.1%
Historical Median Sales Price by Month
* Median Sales Price for all properties from April 2020 through March 2021. This is not the
average of the individual figures above.
Current as of April 11, 2021. All data from the San Francisco MLS. Report © 2021 ShowingTime. | 7
Point at which half of the sales sold for more and half sold for less, not accounting for seller concessions, in a given month.
$1,625,000
$1,205,009
$1,575,000
$1,250,000
$1,742,500
$1,220,000
Single Family Condo/TIC/Coop
March
$500,000
$750,000
$1,000,000
$1,250,000
$1,500,000
$1,750,000
$2,000,000
1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020 1-2021
Single Family Condo/TIC/Coop
$1,500,000
$1,150,000
$1,550,000
$1,206,000
$1,655,000
$1,175,000
Single Family Condo/TIC/Coop
Year to Date
2019 2020 2021
- 2.4%
+ 3.7%
+ 10.6%
- 3.1% + 4.9%
+ 6.8%
+ 3.3% - 2.6%
2019 2020 2021 2019 2020 2021 2019 2020 2021
- 1.5% - 4.2% + 2.2%
- 1.1%

8. Average Sales Price
increases in sales
activity, coupled
with relaxing
Single
Family
Year-Over-Year
Change
Condo/TIC/
Coop
Year-Over-Year
Change
Apr-2020 $2,183,677 +0.1% $1,347,363 -0.2%
May-2020 $1,877,767 -9.1% $1,246,398 -5.1%
Jun-2020 $2,200,915 +3.2% $1,415,327 -0.6%
Jul-2020 $2,013,417 +5.5% $1,397,387 +8.7%
Aug-2020 $1,987,092 +8.7% $1,326,561 -2.7%
Sep-2020 $1,896,046 -4.6% $1,306,022 -9.2%
Oct-2020 $1,907,545 +1.7% $1,252,476 -12.2%
Nov-2020 $2,035,750 +6.6% $1,270,960 -3.1%
Dec-2020 $2,016,223 +9.2% $1,281,834 +2.7%
Jan-2021 $1,952,070 -8.2% $1,210,381 -4.6%
Feb-2021 $2,266,482 +18.6% $1,346,782 -0.3%
Mar-2021 $2,245,557 +10.7% $1,360,605 -0.4%
12-Month Avg* $2,039,783 +3.0% $1,312,439 -2.5%
Historical Average Sales Price by Month
* Avg. Sales Price for all properties from April 2020 through March 2021. This is not the average
of the individual figures above.
Current as of April 11, 2021. All data from the San Francisco MLS. Report © 2021 ShowingTime. | 8
Average sales price for all closed sales, not accounting for seller concessions, in a given month.
$1,995,754
$1,326,005
$2,028,643
$1,366,443
$2,245,557
$1,360,605
Single Family Condo/TIC/Coop
March
$500,000
$1,000,000
$1,500,000
$2,000,000
$2,500,000
1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020 1-2021
Single Family Condo/TIC/Coop
$1,855,888
$1,299,388
$2,016,656
$1,335,469
$2,170,954
$1,316,191
Single Family Condo/TIC/Coop
Year to Date
2019 2020 2021
- 0.4%
+ 3.0%
+ 10.7%
+ 1.6% + 2.8%
+ 7.7%
+ 8.7% - 1.4%
2019 2020 2021 2019 2020 2021 2019 2020 2021
+ 5.3% - 2.0% - 0.2%
- 1.7%

9. Days on Market Until Sale
increases in sales
activity, coupled
with relaxing
Single
Family
Year-Over-Year
Change
Condo/TIC/
Coop
Year-Over-Year
Change
Apr-2020 20 -25.9% 32 -15.8%
May-2020 24 +9.1% 40 +33.3%
Jun-2020 26 +18.2% 34 +6.3%
Jul-2020 25 +8.7% 38 +15.2%
Aug-2020 24 -7.7% 40 +17.6%
Sep-2020 25 -7.4% 45 +32.4%
Oct-2020 27 +22.7% 41 +41.4%
Nov-2020 33 +37.5% 50 +51.5%
Dec-2020 35 +16.7% 62 +29.2%
Jan-2021 35 -2.8% 71 +16.4%
Feb-2021 30 +20.0% 62 +121.4%
Mar-2021 23 +9.5% 45 +66.7%
12-Month Avg* 28 +10.9% 48 +39.0%
Historical Days on Market Until Sale by Month
* Days on Market for all properties from April 2020 through March 2021. This is not the average of
the individual figures above.
Current as of April 11, 2021. All data from the San Francisco MLS. Report © 2021 ShowingTime. | 9
Average number of days between when a property is listed and when an offer is accepted in a given month.
26
35
21
27
23
45
Single Family Condo/TIC/Coop
March
0
20
40
60
80
100
120
1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020 1-2021
Single Family Condo/TIC/Coop
30
42
26
37
28
57
Single Family Condo/TIC/Coop
Year to Date
2019 2020 2021
+ 66.7%
- 22.9%
+ 9.5%
- 19.2% - 11.9%
+ 7.7%
- 13.3% + 54.1%
2019 2020 2021 2019 2020 2021 2019 2020 2021
+ 18.2% + 25.0% + 16.7%
+ 29.6%

10. Inventory of Active Listings
increases in sales
activity, coupled
with relaxing
Single
Family
Year-Over-Year
Change
Condo/TIC/
Coop
Year-Over-Year
Change
Apr-2020 608 +18.8% 1,061 +26.8%
May-2020 687 +32.6% 1,332 +60.7%
Jun-2020 781 +45.7% 1,556 +84.4%
Jul-2020 858 +65.3% 1,912 +117.0%
Aug-2020 919 +55.8% 2,087 +123.7%
Sep-2020 925 +36.0% 2,296 +102.5%
Oct-2020 916 +42.2% 2,328 +113.4%
Nov-2020 776 +41.1% 2,059 +121.6%
Dec-2020 562 +42.6% 1,454 +103.6%
Jan-2021 546 +11.4% 1,516 +75.5%
Feb-2021 522 -10.8% 1,435 +46.1%
Mar-2021 427 -22.6% 1,254 +26.9%
12-Month Avg* 711 +29.8% 1,691 +84.0%
Historical Inventory of Active Listings by Month
* Active Listings for all properties from April 2020 through March 2021. This is not the average of
the individual figures above.
Current as of April 11, 2021. All data from the San Francisco MLS. Report © 2021 ShowingTime. | 10
The number of properties available for sale in active status at the end of a given month.
523
840
552
988
427
1,254
Single Family Condo/TIC/Coop
March
0
500
1,000
1,500
2,000
2,500
1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020 1-2021
Single Family Condo/TIC/Coop
2019 2020 2021
+ 26.9%
+ 17.6%
- 22.6%
+ 5.5%
2019 2020 2021
+ 17.5% + 15.1%

11. % of Properties Sold Over List Price
increases in sales
activity, coupled
with relaxing
Single
Family
Year-Over-Year
Change
Condo/TIC/
Coop
Year-Over-Year
Change
Apr-2020 70.0% -4.2% 59.8% +7.4%
May-2020 63.2% -21.4% 41.6% -34.4%
Jun-2020 55.2% -31.6% 31.1% -51.4%
Jul-2020 64.7% -21.1% 44.4% -36.5%
Aug-2020 65.8% -20.3% 34.2% -40.5%
Sep-2020 65.0% -12.8% 34.4% -41.4%
Oct-2020 67.5% -16.0% 42.8% -33.8%
Nov-2020 61.6% -20.2% 32.8% -49.2%
Dec-2020 63.3% -7.3% 28.6% -38.8%
Jan-2021 58.8% -6.1% 21.3% -34.5%
Feb-2021 68.5% -6.5% 35.5% -44.1%
Mar-2021 74.4% -4.9% 42.6% -29.2%
12-Month Avg 65.0% -15.5% 36.3% -38.9%
Historical % of Properties Sold Over List Price by Month
* % of Properties Sold Over List Price for all properties from April 2020 through March 2021. This
is not the average of the individual figures above.
Current as of April 11, 2021. All data from the San Francisco MLS. Report © 2021 ShowingTime. | 11
Percentage found when dividing the number of properties sold by properties sold over its original list price, not accounting for seller
concessions.
72.8%
54.0%
78.2%
60.2%
74.4%
42.6%
Single Family Condo/TIC/Coop
March
0.0%
20.0%
40.0%
60.0%
80.0%
100.0%
1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020 1-2021
Single Family Condo/TIC/Coop
70.9%
50.7%
72.7%
53.8%
68.5%
34.9%
Single Family Condo/TIC/Coop
Year to Date
2019 2020 2021
- 29.2%
+ 11.5%
- 4.9%
+ 7.4% + 6.1%
- 5.8%
+ 2.5% - 35.1%
2019 2020 2021 2019 2020 2021 2019 2020 2021
- 6.4% - 7.6% - 4.2%
- 7.4%

12. % of List Price Received
increases in sales
activity, coupled
with relaxing
Single
Family
Year-Over-Year
Change
Condo/TIC/
Coop
Year-Over-Year
Change
Apr-2020 108.8% -2.5% 105.3% +0.4%
May-2020 105.8% -6.4% 100.4% -6.0%
Jun-2020 105.6% -8.2% 99.9% -6.8%
Jul-2020 106.0% -8.0% 101.0% -6.0%
Aug-2020 107.5% -6.1% 100.4% -4.7%
Sep-2020 106.8% -5.2% 100.2% -4.5%
Oct-2020 108.1% -4.8% 101.3% -4.3%
Nov-2020 106.0% -5.3% 100.2% -4.7%
Dec-2020 106.1% -3.5% 99.3% -3.6%
Jan-2021 105.4% -1.5% 98.6% -1.8%
Feb-2021 109.8% -1.6% 100.7% -4.3%
Mar-2021 112.4% -1.5% 102.4% -1.6%
12-Month Avg* 107.4% -4.8% 100.7% -4.4%
Historical % of List Price Received by Month
* % of List Price Received for all properties from April 2020 through March 2021. This is not the
average of the individual figures above.
Current as of April 11, 2021. All data from the San Francisco MLS. Report © 2021 ShowingTime. | 12
Percentage found when dividing a property’s sales price by its most recent list price, then taking the average for all properties sold in a given
month, not accounting for seller concessions.
110.6%
104.3%
114.1%
104.1%
112.4%
102.4%
Single Family Condo/TIC/Coop
March
110.0%
103.5%
111.5%
103.5%
109.7%
100.9%
Single Family Condo/TIC/Coop
Year to Date
90.0%
100.0%
110.0%
120.0%
130.0%
1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020 1-2021
Single Family Condo/TIC/Coop
2019 2020 2021
- 1.6%
- 0.2%
- 1.5%
+ 3.2%
2019 2020 2021
- 5.7% - 2.4%
2019 2020 2021
- 2.5%
0.0%
- 1.6%
+ 1.4%
2019 2020 2021
- 4.8% - 1.4%

13. Housing Affordability Ratio
increases in sales
activity, coupled
with relaxing
Single
Family
Year-Over-Year
Change
Condo/TIC/
Coop
Year-Over-Year
Change
Apr-2020 34 +9.7% 51 +6.3%
May-2020 35 +12.9% 60 +25.0%
Jun-2020 32 +10.3% 54 +20.0%
Jul-2020 35 +6.1% 53 +6.0%
Aug-2020 35 +2.9% 56 +9.8%
Sep-2020 35 0.0% 57 +18.8%
Oct-2020 36 +5.9% 59 +20.4%
Nov-2020 35 +2.9% 59 +13.5%
Dec-2020 37 -2.6% 62 +19.2%
Jan-2021 36 -2.7% 63 +14.5%
Feb-2021 33 -2.9% 53 +3.9%
Mar-2021 31 -6.1% 53 +8.2%
12-Month Avg* 35 -7.6% 34 +6.5%
Historical Housing Affordability Ratio by Month
* Affordability Ratio for all properties from April 2020 through March 2021. This is not the average
of the individual figures above.
Current as of April 11, 2021. All data from the San Francisco MLS. Report © 2021 ShowingTime. | 13
This index measures housing affordability for the region. For example, an index of 120 means the median household income is 120% of what is
necessary to qualify for the median-priced home under prevailing interest rates. A higher number means greater affordability.
31
48
33
49
31
53
Single Family Condo/TIC/Coop
March
20
40
60
80
100
1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020 1-2021
Single Family Condo/TIC/Coop
2019 2020 2021
+ 8.2%
+ 2.1%
- 6.1%
+ 6.5%
2019 2020 2021
+ 3.3% + 2.1%
33
50
34
51
33
54
Single Family Condo/TIC/Coop
Year to Date
2019 2020 2021
+ 5.9%
+ 2.0%
- 2.9%
+ 3.0%
2019 2020 2021
+ 6.5% - 2.0%

14. Months Supply of Inventory
increases in sales
activity, coupled
with relaxing
Single
Family
Year-Over-Year
Change
Condo/TIC/
Coop
Year-Over-Year
Change
Apr-2020 3.3 +32.0% 4.9 +44.1%
May-2020 3.9 +56.0% 6.6 +100.0%
Jun-2020 4.4 +69.2% 7.8 +122.9%
Jul-2020 4.7 +88.0% 9.5 +156.8%
Aug-2020 4.9 +69.0% 9.9 +153.8%
Sep-2020 4.8 +45.5% 10.5 +123.4%
Oct-2020 4.6 +43.8% 10.6 +135.6%
Nov-2020 3.8 +40.7% 9.2 +142.1%
Dec-2020 2.7 +42.1% 6.1 +110.3%
Jan-2021 2.5 +4.2% 6.1 +74.3%
Feb-2021 2.4 -17.2% 5.5 +37.5%
Mar-2021 1.9 -32.1% 4.4 +4.8%
12-Month Avg* 3.7 +36.3% 7.6 +100.1%
Historical Months Supply of Inventory by Month
* Months Supply for all properties from April 2020 through March 2021. This is not the average of
the individual figures above.
Current as of April 11, 2021. All data from the San Francisco MLS. Report © 2021 ShowingTime. | 14
The inventory of homes for sale at the end of a given month, divided by the average monthly pending sales from the last 12 months.
2.5
3.4
2.8
4.2
1.9
4.4
Single Family Condo/TIC/Coop
March
0.0
2.0
4.0
6.0
8.0
10.0
12.0
1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020 1-2021
Single Family Condo/TIC/Coop
2019 2020 2021
+ 4.8%
+ 23.5%
- 32.1%
+ 12.0%
2019 2020 2021
+ 19.0% + 17.2%

15. All Properties Activity Overview
Key metrics by report month and for year-to-date (YTD) starting from the first of the year.
Key Metrics Historical Sparkbars 3-2020 3-2021 Percent Change YTD 2020 YTD 2021 Percent Change
+ 17.7%
Pending Sales 362 731 + 101.9% 1,032 1,814 + 75.8%
New Listings 443 673 + 51.9% 1,783 2,099
Sold Listings 422 711 + 68.5% 1,007 1,594 + 58.3%
Median Sales Price $1,405,000 $1,385,000 - 1.4% $1,375,000 $1,349,000 - 1.9%
+ 0.7%
47 + 46.9%
$1,638,919
-- --
Days on Market 25 37 + 48.0% 32
Avg. Sales Price $1,643,828 $1,694,059 + 3.1% $1,627,890
Active Listings 1,572 1,714 + 9.0% --
% of Properties Sold Over List Price 68.0% 54.3% - 20.1% 61.7%
38
47.2% - 23.5%
- 2.5%
39 + 2.6%
104.1%
% of List Price Received 108.3% 106.1% - 2.0% 106.8%
Current as of April 11, 2021. All data from the San Francisco MLS. Report © 2021 ShowingTime. | 15
Months Supply 3.5 3.3 - 5.7% -- -- --
Affordability Ratio 38 38 0.0%
3-2018 3-2019 3-2020 3-2021
3-2018 3-2019 3-2020 3-2021
3-2018 3-2019 3-2020 3-2021
3-2018 3-2019 3-2020 3-2021
3-2018 3-2019 3-2020 3-2021
3-2018 3-2019 3-2020 3-2021
3-2018 3-2019 3-2020 3-2021
3-2018 3-2019 3-2020 3-2021
3-2018 3-2019 3-2020 3-2021
3-2018 3-2019 3-2020 3-2021
3-2018 3-2019 3-2020 3-2021

16. Activity by District
SF District 1: Northwest (Sea Cliff, Lake, Jordan Park / Laurel Heights, Outer Richmond, Central Ric Normal
SF District 2: Central West (Outer Sunset, Central Sunset, Inner Sunset, Outer Parkside, Parkside, Inner Parkside, Golden Gate Heights)
SF District 3: Southwest (Pine Lake Park, Lake Shore, Merced Manor, Stonestown, Lakeside, Merced Heights, Ingleside, Ingleside Heights, Oceanview)
SF District 4: Twin Peaks W (Forest Hill (& Ext), W Portal, St Francis Wd, Balboa Terr, Mt Dav Manor, Ingleside Terr, Monterey Hts, Wstwd Pk & H'lnds, Shrwd Fst, Miraloma Pk, Dmnd Hts, Mdtwn Terr)
SF District 5: Central (Haight Ashbury, Cole Vly / Prnssus Hts, Clarndn Hts, Corona Hts, Twin Pks, Glen Pk, Noe Vly, Eureka Vly / Dolores Hts, Mission Dolores, Duboce Trngl, Buena Vista / Ashbury Hts)
SF District 6: Central North (Lower Pacific Heights, Anza Vista, Western Addition, North Panhandle, Alamo Square, Hayes Valley)
SF District 7: North (Marina, Cow Hollow, Presidio Heights, Pacific Heights)
SF District 8: Northeast (North Waterfront, North Beach, Russian Hill, Telegraph Hill, Nob Hill, Financial District / Barbary Coast, Downtown, Van Ness / Civic Center, Tenderloin)
SF District 9: Central East (Yerba Buena, South Beach, South of Market, Mission Bay, Inner Mission, Potrero Hill, Central Waterfront / Dogpatch, Bernal Heights)
SF District 10: Southeast (Outer Mission, Mission Terr, Excelsior, Portola, Bayview, Silver Terr, Hunters Pt, Candlestick Pt, Bayview Hts, Little Hollywood, Visitation Vly, Crocker Amazon)
3-2020 3-2021 + / – 3-2020 3-2021 + / – 3-2020 3-2021 + / – 3-2020 3-2021 + / – 3-2020 3-2021 + / –
Single Family
1 SF District 1 49 24 -51.0% 13 13 0.0% $2,200,000 $2,460,000 +11.8% 12 21 +75.0% 2.8 1.3 -53.6%
2 SF District 2 64 40 -37.5% 34 45 +32.4% $1,510,000 $1,615,000 +7.0% 19 15 -21.1% 1.8 1.0 -44.4%
3 SF District 3 26 26 0.0% 10 14 +40.0% $1,150,000 $1,374,000 +19.5% 21 18 -14.3% 1.8 1.7 -5.6%
4 SF District 4 49 31 -36.7% 26 36 +38.5% $1,895,000 $1,812,522 -4.4% 15 16 +6.7% 1.9 0.9 -52.6%
5 SF District 5 123 83 -32.5% 26 47 +80.8% $2,554,500 $2,500,000 -2.1% 28 19 -32.1% 4.3 2.4 -44.2%
6 SF District 6 21 10 -52.4% 4 8 +100.0% $2,190,000 $3,462,500 +58.1% 6 16 +166.7% 5.9 1.9 -67.8%
7 SF District 7 48 41 -14.6% 11 16 +45.5% $4,325,000 $3,922,500 -9.3% 39 33 -15.4% 5.8 4.3 -25.9%
8 SF District 8 21 14 -33.3% 1 3 +200.0% $3,850,000 $2,450,000 -36.4% 44 32 -27.3% 8.6 5.0 -41.9%
9 SF District 9 53 58 +9.4% 20 39 +95.0% $1,525,000 $1,725,000 +13.1% 24 40 +66.7% 2.6 2.1 -19.2%
10 SF District 10 98 100 +2.0% 34 41 +20.6% $1,207,500 $1,150,000 -4.8% 18 24 +33.3% 2.3 2.3 0.0%
Condo/TIC/Coop
1 SF District 1 43 34 -20.9% 10 26 +160.0% $1,602,500 $1,425,000 -11.1% 32 20 -37.5% 3.4 2.0 -41.2%
2 SF District 2 15 14 -6.7% 5 7 +40.0% $1,070,000 $1,230,000 +15.0% 19 63 +231.6% 3.7 2.5 -32.4%
3 SF District 3 2 6 +200.0% 1 3 +200.0% $875,000 $828,000 -5.4% 89 43 -51.7% 0.5 1.8 +260.0%
4 SF District 4 11 12 +9.1% 6 9 +50.0% $513,616 $675,000 +31.4% 57 116 +103.5% 1.9 2.4 +26.3%
5 SF District 5 118 96 -18.6% 35 57 +62.9% $1,450,000 $1,425,000 -1.7% 21 30 +42.9% 3.3 2.0 -39.4%
6 SF District 6 63 91 +44.4% 22 51 +131.8% $1,317,500 $1,266,000 -3.9% 23 35 +52.2% 2.8 2.7 -3.6%
7 SF District 7 81 118 +45.7% 14 47 +235.7% $1,745,000 $1,540,000 -11.7% 24 41 +70.8% 3.4 3.7 +8.8%
8 SF District 8 193 248 +28.5% 42 65 +54.8% $1,197,000 $1,150,000 -3.9% 27 54 +100.0% 4.8 5.7 +18.8%
9 SF District 9 415 590 +42.2% 97 168 +73.2% $1,250,000 $1,097,500 -12.2% 28 51 +82.1% 5.1 6.5 +27.5%
10 SF District 10 47 45 -4.3% 4 13 +225.0% $840,000 $750,000 -10.7% 43 44 +2.3% 8.3 6.9 -16.9%
Key metrics by report month for the districts of San Fransisco.
Current as of April 11, 2021. All data from the San Francisco MLS. Report © 2021 ShowingTime. | 16
Active Listings Sold Listings Median Sales Price Days on Market Months Supply