SF Luxury Homes Breaking Records | Real Estate News

Real Estate News Today | 2 Min News | The Daily News Now! · Jul 8, 2026 · 1m

San Francisco’s luxury housing market is exploding with wild bidding wars—144 homes sold for at least $1M over asking in just six months, up from just eight last year. Sellers are strategically underpricing to ignite frenzy, with contracts snapping up in days, especially in tech-rich neighborhoods like Noe Valley and Pacific Heights. Even reluctant sellers are getting tempted by the “make me move” magic of aggressive pricing. The city’s unique buyer-seller imbalance, fueled by booming tech wealth and soaring stock markets, makes it the only West Coast market with more buyers than sellers. But…