San Francisco Real Estate Market Update | Q3 2025
Episode 27:
October 9, 2025
In this episode of The Bay Insider, we’re unpacking what’s really happening in San Francisco real estate right now, from new policies with big ripple effects to one of the largest industry acquisitions still awaiting approval.
After a slower summer, the market’s showing more movement. Interest rates dipped, buyers are easing back in, and single-family homes are holding steady. Condos are starting to wake up again too, especially in SOMA and Mission Bay.
The bigger story? Policy shifts. The new ADU conversion law could open the door for homeowners to sell newly built units as condos, while the city’s proposed upzoning plan may reshape the west side altogether. Both raise real questions about density, access, and how the city evolves.
And on a national scale, Compass’s move to acquire Anywhere Real Estate is sparking plenty of conversation about what’s next for the industry and for independent brokerages like ours.
You can access our data file here: San Francisco Real Estate Market Update |