As we welcome spring, San Francisco’s real estate market is gaining momentum. The past few months have kept us on our toes — homes sold quickly, multiple offers were common, and overbidding surged, all signaling strong demand. We kicked off the month with a steady supply of homes and eager buyers, setting the stage for a strong selling season.

Looking at the bigger picture, inflation continues to inch up, but with the Fed holding rates steady and mortgage rates dropping for seven consecutive weeks — hitting 6.63% in early March — buyers now have more purchasing power. While political uncertainty and stock market fluctuations have impacted consumer confidence, San Francisco’s market remains resilient for most asset classes.

For sellers, it’s not too late to get your home ready for the spring market! Our Exclusive Pre-Market Transformation Package can help maximize your home’s appeal—well-prepared homes sell faster, often with multiple offers and over asking price. For buyers, as competition heats up, working with an expert agent is key to securing your dream home. Whatever your real estate goals, we’re here to help!

Below are market reports, upcoming listings, available homes, and recent sales. Plus, don’t miss our spotlight on Bernal Heights — a neighborhood our clients love for its charm — along with fun things to do around San Francisco and our pick of the month.

As always, feel free to reach out to us with any real estate related questions. Whether you’re ready to buy, sell, or explore your options, we’re here to help. If you need assistance outside of San Francisco, our national network of agents is ready to help you, your friends, or your family.

Dale: 415.748.1519 | Alla: 415.748.2550

Our clients love Bernal Heights — and we totally get why. It’s the kind of neighborhood where you grab a cup of coffee and just wander. ☕️

Think shops on Cortland, The Good Life Grocery, Alemany Farmers Market (a must visit!) and parks like Bernal Hill and Precita Park are perfect for soaking up those city views. 🌳

The homes? Full of character — Victorian charm meets modern sophistication in a way that’s uniquely Bernal. It’s the kind of place that feels like home the moment you arrive. 🏡

Trust us, you’d love it here too.

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Inflation has inched up for the fourth consecutive month, and although the Fed remains cautious with its policy decisions, mortgage rates are still relatively moderate — creating a renewed sense of opportunity for buyers. While the stock market has had its ups and downs, that’s simply part of the ever-evolving financial picture.

Spring is in the air — and so is the buzz of real estate! As the busiest season for buying and selling, now is the ideal time to start planning your next move. San Francisco’s market remains vibrant and full of potential.

Macroeconomic Factors Report

San Francisco Neighborhood Price Map

If you want to do a deeper dive into what these market insights mean for you, or you are just curious about the market, we’d love to chat!

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Mortgage Rates Drop Again — Good News for Homebuyers as Spring Kicks Off

According to the SFGATE, mortgage rates have fallen again, giving homebuyers a boost as the spring market kicks off. The average 30-year fixed-rate mortgage dropped to 6.63% for the week ending March 6, down from 6.76% the previous week, according to Freddie Mac. This marks the seventh consecutive week of declining rates, bringing them back to levels last seen in December after peaking above 7% last month.

The drop in rates expands buyers’ purchasing power, offering extra motivation to start house hunting. According to Freddie Mac Chief Economist Sam Khater, the decline provides a strong incentive for prospective buyers as the busy spring season begins. Still, experts predict mortgage rates will likely remain above 6% for the rest of the year, with inflation and broader economic concerns keeping significant rate relief at bay.

At the same time, the housing market is seeing subtle shifts. New listings rose 0.1% from last year for the eighth consecutive week, while the national median list price dipped 0.3%, marking 40 weeks of either flat or declining prices. Sales prices, however, remain elevated due to faster sales at the higher end of the market, with more expensive homes attracting buyers.

With active inventory up by 27.6% and homes taking longer to sell compared to last year, there’s a growing sense of balance. While affordability remains a challenge, sellers may be more open to negotiations, giving buyers a bit more flexibility as they navigate the spring market.

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Photo Credit: Loló Restaurant @lolorestaurantsf | Nicola Parisi @nicola_parisi

Lolo’s Restaurant: A Bold Flavor Escape You Won’t Forget

If you’re ever in the Mission District, you’ve got to check out Loló. It’s one of our absolute favorite spots in the neighborhood! The vibe is amazing — super cozy with indoor and outdoor seating — and the food? Honestly, it’s next level. Think Jaliscan-Californian inspired dishes with fresh, local ingredients. Every bite feels like a new adventure.

DA Team Tip: If you’re trying it for the first time, the Agave Program and Natural Wine selection are a must! Pair it with their fresh, locally-sourced tacos for the perfect combination. 🌶🍷

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“Dale and the team recently helped my husband and I purchase a home in the very competitive San Francisco market. We made offers before finding the home that was the right fit for us. Dale was patient, helpful and is a genuinely nice person. He is very knowledgeable about the market and I felt like his advice was rooted in helping us make the best possible decision for us. Thanks Dale and Alla team for all your help!”

— A & S

You can see more testimonials on our website.