As we move through the mid-winter slowdown, San Francisco’s real estate market continues to defy expectations. While November brought the seasonal dip in listings and sales, demand surged across nearly every indicator this fall—driven in large part by the city’s accelerating AI boom. San Francisco now stands among the most competitive markets in the country, even as broader economic conditions remain mixed. With mortgage rates easing, tech markets rebounding, and the New Year approaching, all eyes are on how the early 2026 market will take shape.
