Graph and download economic data for Housing Inventory: Median Listing Price per Square Feet in San Francisco County/city, CA (MEDLISPRIPERSQUFEE6075) from Jul 2016 to Oct 2025 about San Francisco County/City, CA; square feet; listing; median; price; and USA.

In 2022, San Mateo, San Francisco, and Santa Clara were the most expensive districts for housing in the San Francisco Bay Area. In San Francisco, the average square footage price of single-family homes exceeded 1,000 U.S. dollars per square foot. Housing in Solano, on the other hand, was most affordable, with the average square footage price for single family homes at *** U.S. dollars.

How expensive is buying a home in San Francisco? Few metros in the U.S. are more expensive than San Francisco, CA. In 2022, the median sales price of existing single-family homes in San Francisco was about *** million U.S. dollars, making it the second priciest market in the U.S. House prices in the Golden City, were not always so high: in 2014, a two-bedroom house in the Bay Area would sell for less than ******* U.S. dollars but since then, the median price has more than doubled.

How much does renting an apartment cost? Despite rents falling in 2020, renting in San Francisco is still far from cheap. Renting a two-bedroom apartment cost close to ***** U.S. dollars in 2021. California is one of the least affordable states for renters. In fact, to afford to rent such an apartment, a household needs approximately ***** full time jobs at minimum wage or *** full time jobs at mean wage.

Graph and download economic data for Housing Inventory: Median Listing Price per Square Feet Year-Over-Year in San Francisco-Oakland-Hayward, CA (CBSA) (MEDLISPRIPERSQUFEEYY41860) from Jul 2017 to Oct 2025 about San Francisco, square feet, CA, listing, median, price, and USA.

San Francisco's office rental market showcases significant variation across its submarkets, with Mission Bay commanding the highest rates at *** U.S. dollars per square foot in the third quarter of 2024. This premium location demanded nearly double the city's average rate, highlighting the stark differences in desirability and demand within the city's commercial real estate landscape. Economic powerhouse The San Francisco Bay Area's economic prowess is evident in its impressive economic growth over the past 20 years. The city's strength is fueled by the presence of major technology companies and a thriving startup ecosystem. The region's economic significance extends beyond local boundaries, contributing substantially to California's position as the state with the highest GDP in the country. This economic vitality helps explain the sustained demand for office space across various San Francisco submarkets. Offices: global context and market trends In a global context, San Francisco's office rental rates are relatively high but not the most expensive worldwide. In 2024, London, Hong Kong, and New York emerged as the top three most expensive office rental markets globally. Over the past five years, San Francisco has experienced a decline in office rents. This trend aligns with broader shifts in the office real estate sector, influenced by the COVID-19 pandemic and the rise of hybrid work. Despite these challenges, certain San Francisco submarkets like Mission Bay and The Presidio continue to command premium rates, reflecting their enduring appeal to commercial tenants.

Housing Inventory: Median Listing Price per Square Feet Year-Over-Year in San Francisco County/city, CA was -1.58% in October of 2025, according to the United States Federal Reserve. Historically, Housing Inventory: Median Listing Price per Square Feet Year-Over-Year in San Francisco County/city, CA reached a record high of 11.13 in December of 2019 and a record low of -9.36 in February of 2021. Trading Economics provides the current actual value, an historical data chart and related indicators for Housing Inventory: Median Listing Price per Square Feet Year-Over-Year in San Francisco County/city, CA - last updated from the United States Federal Reserve on November of 2025.

San Francisco - Median Listing Price per Square Foot - Historical chart and current data through 2025.

The average price per square foot of floor space in new single-family housing in the United States decreased after the great financial crisis, followed by several years of stagnation. Since 2012, the price has continuously risen, hitting ****** U.S. dollars per square foot in 2024. In 2024, the average sales price of a new home exceeded ******* U.S. dollars. Development of house sales in the U.S. One of the reasons for rising property prices is the gradual growth of house sales between 2011 and 2020. This period was marked by the gradual recovery following the subprime mortgage crisis and a growing housing sentiment. Another significant factor for the housing demand was the growing number of new household formations each year. Despite this trend, housing transactions plummeted in 2021, amid soaring prices and borrowing costs. In 2021, the average construction cost for single-family housing rose by nearly ** percent year-on-year, and in 2022, the increase was even higher, at close to ** percent. Financing a house purchase Mortgage interest rates in the U.S. rose dramatically in 2022 and remained elevated until 2024. In 2020, a homebuyer could lock in a 30-year fixed interest rate of under ***** percent, whereas in 2024, the average rate for the same mortgage type was more than twice higher. That has led to a decline in homebuyer sentiment, and an increasing share of the population pessimistic about buying a home in the current market.

Housing Inventory: Median Listing Price per Square Feet Month-Over-Month in San Francisco County/city, CA was -0.29% in October of 2025, according to the United States Federal Reserve. Historically, Housing Inventory: Median Listing Price per Square Feet Month-Over-Month in San Francisco County/city, CA reached a record high of 6.79 in December of 2019 and a record low of -3.25 in January of 2018. Trading Economics provides the current actual value, an historical data chart and related indicators for Housing Inventory: Median Listing Price per Square Feet Month-Over-Month in San Francisco County/city, CA - last updated from the United States Federal Reserve on November of 2025.

Graph and download economic data for Housing Inventory: Median Listing Price per Square Feet in Marin County, CA (MEDLISPRIPERSQUFEE6041) from Jul 2016 to Oct 2025 about Marin County, CA; San Francisco; square feet; CA; listing; median; price; and USA.

The average annual rent for manufacturing space in the San Francisco Bay Area soared between 2020 and 2024. In the first quarter of 2024, the rental cost amounted to ***** U.S. dollars per square foot. That was higher than the average rent for manufacturing space in the United States.

SF Rents

The data comes from Kate Pennington, data.sfgov.org, Vital Signs.

If using Dr. Pennington's data, please cite:

Pennington, Kate (2018). Bay Area Craigslist Rental Housing Posts, 2000-2018. Retrieved from https://github.com/katepennington/historic_bay_area_craigslist_housing_posts/blob/master/clean_2000_2018.csv.zip.

Her methodology can be found at her website.

What impact does new housing have on rents, displacement, and gentrification in the surrounding neighborhood? Read our interview with economist Kate Pennington about her article, "Does Building New Housing Cause Displacement?:The Supply and Demand Effects of Construction in San Francisco." - Kate Pennington on Gentrification and Displacement in San Francisco

All building permits can be found at the Socrata API endpoint.

Data Dictionary

rent.csv

sf_permits.csv

In October 2024, the median square footage sales price of a single-family home in the San Francisco Bay Area was approximately *** U.S. dollars. Condos, on the other hand, sold for *** U.S. dollars per square foot. The Far North was the most affordable region with sales price of *** and *** U.S. dollars for single family homes and condos, respectively.

Housing Inventory: Median Listing Price per Square Feet in San Francisco County/city, CA was 950.00000 U.S. $ in September of 2025, according to the United States Federal Reserve. Historically, Housing Inventory: Median Listing Price per Square Feet in San Francisco County/city, CA reached a record high of 1159.00000 in February of 2020 and a record low of 917.00000 in August of 2025. Trading Economics provides the current actual value, an historical data chart and related indicators for Housing Inventory: Median Listing Price per Square Feet in San Francisco County/city, CA - last updated from the United States Federal Reserve on November of 2025.

In the first quarter of 2025, San Francisco, Chicago, New York, and Honolulu were some of the U.S. cities with the highest housing construction costs. Meanwhile, Phoenix had one of the lowest construction costs for high-end multifamily homes at *** U.S. dollars per square foot and Las Vegas for single-family homes between *** and *** U.S. dollars per square foot. Construction cost disparities As seen here, the construction cost for a high-end multi-family home in San Francisco in the first quarter of 2024 was over ***** more expensive than in Phoenix. Meanwhile, there were also great differences in the cost of building a single-family house in New York and in Portland or Seattle. Some factors that may cause these disparities are the construction materials, installation, and composite costs, differing land values, wages, etc. For example, although the price of construction materials in the U.S. was rising at a slower level than in 2022 and 2023, several materials that are essential in most construction projects had growth rates of over **** percent in 2024. Growing industry revenue Despite the economic uncertainty and other challenges, the size of the private construction market in the U.S. rose during the past years. It is important to consider that supply and demand for housing influences the revenue of this segment of the construction market. On the supply side, single-family home construction fell in 2023, but it is expected to rise in 2024 and 2025. On the demand side, some of the U.S. metropolitan areas with the highest sale prices of single-family homes were located in California, with San Jose-Sunnyvale-Santa Clara at the top of the ranking.

Graph and download economic data for Housing Inventory: Median Listing Price per Square Feet in San Mateo County, CA (MEDLISPRIPERSQUFEE6081) from Jul 2016 to Oct 2025 about San Mateo County, CA; San Francisco; square feet; CA; listing; median; price; and USA.

Graph and download economic data for Housing Inventory: Median Listing Price per Square Feet in Contra Costa County, CA (MEDLISPRIPERSQUFEE6013) from Jul 2016 to Oct 2025 about Contra Costa County, CA; San Francisco; square feet; CA; listing; median; price; and USA.

Housing Inventory: Median Home Size in Square Feet in San Francisco County/city, CA was 1350.00000 Level in October of 2025, according to the United States Federal Reserve. Historically, Housing Inventory: Median Home Size in Square Feet in San Francisco County/city, CA reached a record high of 1516.00000 in May of 2019 and a record low of 1227.00000 in February of 2022. Trading Economics provides the current actual value, an historical data chart and related indicators for Housing Inventory: Median Home Size in Square Feet in San Francisco County/city, CA - last updated from the United States Federal Reserve on November of 2025.

Booming North American industrial real estate market analysis reveals a CAGR exceeding 4.50%, driven by e-commerce, nearshoring, and manufacturing growth. Discover key trends, market size projections to 2033, top players, and regional insights. Invest wisely in this lucrative sector. Recent developments include: December 2021: Boston Properties Inc. (the largest publicly traded developer, owner, and manager of Class A office properties) announced that it completed the acquisition of 360 Park Avenue South, a 450,000 square-foot, 20-story office property located in the Midtown South submarket of Manhattan, New York, from Enterprise Asset Management Inc. (an investment management firm). Furthermore, the gross purchase value accounted for approximately USD 300 million., December 2021: Boston Properties Inc. announced a joint venture in which the company has a 49% ownership and executed a 229,000 square foot lease with a leading biotech company at the venture's 751 Gateway project in South San Francisco, California. The lease covers the entire building, which is currently under construction, with initial occupancy expected in early 2024.. Notable trends are: Increasing Rental Prices of Office Spaces.

The average rent per square foot in the largest research and development (R&D) and life science real estate markets in the United States varied greatly in the first half of 2023. New York City, Chicago, and San Francisco Bay Area were the most expensive markets to rent life science real estate in the first half of 2023. On average, a square foot of life science real estate cost about ***** U.S. dollars to buy in the same period.

A recent New York Times article examines one of the biggest drivers in a families' decision to leave cities: school. Using data from a number of sources, the New York Times developed charts that look at school performance and median home sale price per square foot for five metro areas including New York/New Jersey, San Francisco, Boston, Chicago, and Minneapolis.For most of the cities studied, home prices rise with the quality of the school district but a number of districts break this pattern. The map shown highlights five Bay Area schools that perform above average, and have below average housing costs.The New York Times used median price per square foot to measure housing costs and the median number of grades ahead (or behind) for school district quality. In the San Francisco Bay Region, the price per square foot was around $500 while students were .28 grades ahead of their grade placement. The five Bay Area schools that were selected had the lowest home prices and the best performing schools in the region.Source: New York Times