San Francisco Real Estate Market: Why Summer Slows Down and Fall Picks Up
If you’ve been following the San Francisco real estate market this summer, you may have noticed things feel a little quieter than usual. Fewer new listings are hitting the market, open houses are lighter, and buyers seem more distracted. While in many parts of the country, summer is one of the busiest times for home sales, San Francisco plays by its own rules.
Why Summer is Slower in San Francisco
Unlike suburban markets where families move during school breaks, San Francisco tends to slow down in the summer. Many buyers, sellers, and even agents spend time traveling, avoiding the often foggy weather, or simply taking a step back after the busy spring season. This results in:
Lower inventory – fewer homes listed between June and August.
Less competition – buyers who stay active often face fewer competing offers.
Seasonal patterns – historically, summer in San Francisco has always been a quieter stretch for housing activity.
What Happens After Labor Day
Come September, everything changes. The San Francisco fall real estate market is one of the busiest times of the year. Inventory levels rise sharply as sellers who waited out summer finally list their homes, and buyers return from vacations ready to make a move.
From September through early November, the market is often at its most competitive, with:
A surge in new listings after Labor Day.
Increased buyer demand as people aim to settle before the holidays.
Faster-paced sales and more multiple-offer situations.
Why This Matters if You’re Buying or Selling
Buyers: Summer can be an opportunity to face less competition and negotiate more favorably. If you prefer more options, waiting until fall means you’ll see a much wider selection of homes—but also more competition.
Sellers: Listing after Labor Day can put your home in front of motivated buyers during one of the hottest selling seasons in San Francisco.
The Bottom Line
The San Francisco real estate market follows a unique seasonal rhythm. While summer may feel quiet, history shows that fall brings one of the most active periods of the year. If you’re thinking about buying or selling, now is the perfect time to prepare so you can take advantage of the post–Labor Day surge.
Thinking about making a move this fall? Let’s connect so you’re ready when the market picks up.