After a slower summer, sales and contracts are on the rise, and luxury homes are setting new benchmarks across the Bay Area.
The San Francsico real estate market was sluggish throughout the summer months, with median sales prices down 1.4% for SFHs and 1.8% for condos in August compared to August 2024. Year-to-date, however, the numbers are up 2.6% and 1.4%, respectively, due in part to a strong start in 2025. AI hiring is driving rental prices up to their pre-pandemic levels, and luxury home prices are also seeing a spike. So far this year, 10 homes have sold for over $15M, six of them for over $20M, the most ever in a given year. Recent Septembers have averaged 250 sales for the month. However, thus far in September 2025, 162 homes have been sold and another 390 are in contract, signaling a strong start to the fall market.
We are proud to announce that this month the Warrin Team was again recognized as one of the Top 100 among all real estate teams in the Bay Area, based on 2024 sales. The team was also again recognized as one of the Top 100 Sotheby’s International Realty Agents/Teams Worldwide. The trust that our clients have in our team, and the dedication that we put into each and every sale, has allowed our team to continue achieving superlative results for the past 23 years.
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