June 2026 Newsletter

Market Update

The SF Market Right Now: Summer Slowdown Setting In

It's Summer! 622 condos and single family homes on the market in SF right now. This time last year, there were 982 — that's 37% fewer homes on the market today, and yet the same number of homes are selling Year over Year. 365 homes are currently in contract across the city. Worth noting: buyers are pivoting to condos as SFH supply stays tight.

On the home front: it's been busy! My youngest graduated from high school and is UC Santa Cruz-bound! June started with a road trip with my middle kid driving from college to her internship. Nothing like an awesome playlist, massive views & great conversations with your kid!

Standout June closings: 1551 Hampshire St., a 3-unit bldg on the Bernal /Mission border. My first-time buyers will live in one unit while the rental units cover the mortgage. Smart! Homeownership and investors in one swoop! A Hayes Valley sale to new buyers: long-time Tenants of their apartment - a dream come true! , and I represented the Seller of a hot Potrero Duplex + development opportunity.

The summer slowdown just means less competition on the listing side — not less demand. Well-priced properties are still moving. If you've been thinking about selling, this is not the moment to wait.

S ee what's on the Market this week →

I work with both buyers and sellers, for residential homes and investment properties. I'm always happy to answer any questions you might have - and have fun grooving to the Golden to San Francisco Playlist!

Cheers,

Lisa Zahner

415.948.5747

Chart comparing San Francisco active home inventory in 2025 and 2026, ending at 982 and 622 homes.

Source: SFAR MLS. Data deemed reliable but is not guaranteed.

The Stats

Average Sold Price

$1,907,733

$1,912,356 last month

San Francisco

List vs Sold Price

116.00%

unchanged from last month

San Francisco

New Listings

408

628 last month

San Francisco

Sold Listings

542

508 last month

San Francisco

What's Happening with Mortgage Rates: Roughly 82% of homeowners have a rate below 6%; there's no financial incentive to sell and buy again at more than double what they're paying. That's the single biggest reason SF supply remains historically low. For buyers, waiting for 5% rates is not a strategy. Buy the right place now and refinance when rates improve.

Chart of 30-year fixed mortgage rates, peaking at 7.79% in October 2023 and ending at 6.48% in June 2026.

source: Freddiemac.com

Just sold real estate banner

Gray Victorian-style San Francisco residence with ornate bay windows and green, red, and yellow front doors.

435 & 437 Linden St

Represented the BUYERS

The TENANTS purchased their HOME

+ an investment property!

Three adults pose on steps outside a pale stucco building with a dark green door.

1551 HAMPSHIRE street

3 UNITS Owner-Occupied Investment

Represented the BUYERS

In Contract banner with a faint house outline and red border.

Blue Victorian homes with white trim and bay windows along a San Francisco street.

642 Clayton Street

Representing the BUYER

Green San Francisco home with white-trimmed windows and a glass-panel garage door, framed by a blue neighbor and leafy tree.

566-568 MISSISSIPPI ST

INCOME DUPLEX + DEVELOPMENT

Representing the SELLER

For sale banner with white lettering and a red border.

Ask Me About...

A grand Victorian Single Family Home in Pacific Heights... currently under renovation, ready on the market coming this Fall... with PARKING
Completely remodeled Upper Haight / Cole Valley DUPLEX - Coming on Market early August as an entire building or two separate units
1BR Hayes Valley Condo with Roof deck & City Hall Views! Early August!