South of Market’s median sale price was $1,107,190, up 16.5% year over year, with a median selling period of 41 days. Compare the same building and unit line before using the wider South of Market median.
Our interpretation of Redfin’s All Home Types data. The median reflects the mix of sales, not appreciation of the same homes.
Prices and sales activity.
- Median sale price
- $1,107,190
- Median price / sq ft
- Not available
- Median days on market
- 41 days
- Sale to list price
- N/A
+16.5% year over year
194 sales reported for the calendar month of September 2026. This is separate from the rolling median’s sample.
Year-over-year change unavailable
Not verified for this source period. No estimate substituted.
-12 days year over year
Year-over-year change unavailable
Above-list share unavailable. Asking price reflects a listing strategy.
Redfin South of Market · All Home Types · rolling three months ending September 2026. Check the source ↗ · Sales count checked Nov 12, 2026.
Data geography and coverage
The report uses Redfin’s South of Market geography, which is broader than some SoMa searches and can differ from the city atlas. South Beach, Rincon Hill and Mission Bay have separate reports. Price tables identify September 2026 while sale-to-list tables identify October; the October ratios and undated price-per-square-foot figures are excluded from this September snapshot.
What changed since our last report?
Verified monthly tracking began with September 2026. This is the first recorded period, so there is no previous report period to compare yet.
The next verified period will add changes in price, selling time and sale-to-list ratio here. Year-over-year changes above are a separate comparison.
What this means for your next move.
If you’re buying
Use closely matched sales to set the price. Compare the same building and unit line before using the wider South of Market median.
Test your appraisal-gap cash needs ↗If you’re selling
The 41-day median is a planning reference, not a deadline for your listing. Put reserves, insurance, parking rights and special assessments beside the asking price. Choose an asking strategy from the property’s comparables rather than assume the neighborhood percentage applies to every home.
Build a property-specific pricing plan ↗Compare negotiating conditions.
Redfin’s separate trailing 3-month competition window. The score is not an investment-return estimate.
Compare prices and market pace.
Bars compare available periods, not a measured monthly path. A prior-year bar marked “calculated” is an approximation derived from the source’s rounded year-over-year change. A line chart appears after three consecutive verified monthly observations.
| Period ending | Value | Basis |
|---|---|---|
| September 2025 | ≈ 53 | Calculated from YoY change |
| September 2026 | 41 | Redfin reported |
Verified tracking begins with September 2026. Missing months stay unfilled. A transaction median does not track the same homes over time.
The property behind the numbers.
Local context checked . Commentary is our interpretation, not a valuation or forecast.
Choose the SoMa route you will actually use.
Local evidence: Yerba Buena Gardens occupies three blocks bordered by Third, Fourth, Market and Folsom streets. Its public outdoor space is a specific destination within a much wider area.
Our view: Walk from the building to the gardens or your own outdoor destination, and test the crossings and bicycle storage. A broad South of Market median cannot price the difference between a quiet interior unit and a corridor-facing loft.
Building costs and investment considerations
Read the SoMa building budget before setting the offer.
All Home Types blends different buildings and ownership structures. The September price tables and October sale-to-list tables are not a matched snapshot.
Start with the same building, unit line and legal use. Review insurance, reserves, assessments, elevator work and any separate parking cost. A neighborhood recovery can coexist with substantial differences in monthly carrying costs.
Zillow context: a different measure of value
No verified Zillow snapshot is available for this report.
Get to know South of Market.
Use the neighborhood guide for local places, maps, transit resources and weather context, then test the actual block and building.
Explore the South of Market neighborhood guide ↗Sources and definitions.
Redfin South of Market housing market ↗ · Methodology and release calendar ↗ · Download report data ↗
Reporting periods, checks and limitations
Price and selling metrics use rolling three-month windows. Adjacent periods overlap. Sales counts carry their own explicitly stated period and are not assumed to be the rolling median’s sample. A reported sales count below 20 receives an editorial small-count flag; this is a reading aid, not a statistical confidence threshold.
Refresh policy: check the day after Redfin’s monthly Housing Market Tracker release and publish once a newer neighborhood period is verified. Delays retain the last verified period. A calendar date is not evidence that neighborhood data changed.
Initial comparison bars may include approximate prior-year values calculated from reported year-over-year changes. A line chart requires at least three consecutive verified monthly observations for the selected metric and uses reported points only. Missing months are not filled.
All Home Types mixes ownership and property types. A neighborhood median is not an appraisal, a same-home return or a forecast. Local sources do not establish a measured rent or resale premium. Zillow is an independent modeled index and is never averaged with Redfin’s transaction median.
Data provided by Redfin, a national real estate brokerage. Company commentary is independent. No affiliation or endorsement is implied.