Bay Area Market Snapshot: January 2026

January 2026 (Updated Jan 12)

Past Editions

SF Bay Area Market Snapshot title banner over the Golden Gate Bridge at dusk

Good morning! Following the style of our mini 2025 recap from the city newsletters, here are some stats for a couple of the more interesting sales in the Bay Area over the last year.

Number of SFR sold: 37034

Highest Price: $85M

Highest $ / Sq ft: $6250

Largest Interior Size (SFR): 23900 sq ft

Smallest Interior Size (SFR): 232 sq ft

Highest 2 bed unit sale: $9M

Highest 3 bed unit sale: $24M

Largest 2 bed unit: 5009 sq ft

Largest 3 bed unit: 5700 sq ft

View these highlighted homes here.

Prices in the Eastbay & Southbay were relatively similar on average vs last month, while being slightly up for the SF & Peninsula side. However the more noticeable change was the drop off in number of homes sold (mostly a seasonal effect), as the combined number fell 18.1% for SF & Peninsula, while dropping 16.7% for the Eastbay & Southbay group. Price wise, Atherton was the top gainer last month at +11.6%, followed by Hillsborough at +8.6% for SF & Peninsula. Eastbay & Southbay were led by San Ramon at a more modest +3.9%, followed by Milpitas at +2.9%. On the down side, San Mateo led the way at -6.2% and Los Altos Hills at -4.7%, while Los Gatos posted a -5.2% and Dublin -3.8%.

The condo & townhome market had okay numbers, seeing both the 2 and 3 bedroom markets generally soften further (combined average sale prices dipped 2.5% for 2 beds and 2.2% for 3 beds). SF was the leader for price increases for both the 2 and 3 bedroom pools, at +4.1% for 2 beds and +4.2% for 3 beds. Solano County also had stronger numbers at +3.9% for the 3 bed sales. We had some interesting action on the downside this month, but mostly due to a few larger sales leaving the data set for a couple counties: Marin for 2 beds at -13.5%, Napa for 3 beds at -22.6% and Sonoma for 3 beds at -7%.

In the large homes sector, we had some bigger gains seen with: Solano County (+24.8%), Napa County (+19.1%), and Marin County (+18.1%), mainly due to smaller sample sizes and a couple large sales closing right before the end of the year. Of the 9 Bay Area Counties, 7 were positive from last month, with an average gain of 5.7%. On the down side, we had Alameda County leading the way at -3.5%, followed by Contra Costa at -3.2%. Combined number of sales fell 13.5% from last month, while average sold $ / sq ft is up 4.2%.

Feel free to reach out if you have any questions, I'd be more than happy to do a thorough / personalized analysis beyond this data. You can also check out my website for more resources & guides (www.joshuy.com).

Talk soon,

Josh

Table of detached single-family home sales by city in the East Bay and South Bay over the last 3 months: average sold price, percent over asking, price per square foot, number of sales, and price change versus last month

Bar chart of the average sold price of detached homes by city in the East Bay and South Bay over the last 3 months

Bar chart of the average sold price per square foot of detached homes by city in the East Bay and South Bay over the last 3 months

Table of detached single-family home sales by city in San Francisco and the Peninsula over the last 3 months: average sold price, percent over asking, price per square foot, number of sales, and price change versus last month

Bar chart of the average sold price of detached homes by city in San Francisco and the Peninsula over the last 3 months

Bar chart of the average sold price per square foot of detached homes by city in San Francisco and the Peninsula over the last 3 months

Table of the average home size and average lot size, in square feet, of detached single-family homes sold by city in the East Bay and South Bay over the last 6 months

Table of the average home size and average lot size, in square feet, of detached single-family homes sold by city in San Francisco and the Peninsula over the last 6 months

Table of condo and townhome sales by county over the last 3 months, for 2-bedroom and 3-bedroom units: average sold price, percent over asking, price per square foot, and price change versus last month

Table of large home sales by county (4+ bedrooms, 4+ bathrooms, 4,000+ square feet) over the last 3 months: average sold price, percent over asking, average square feet, average lot size, price per square foot, average year built, number of sales, and price change versus last month

For more information on how these trends might affect your home values and/or the timing of your real estate moves, please reach out anytime. Note if your city is not listed here, a personalized analysis can be created upon request. You can also visit my website (www.JoshUy.com) which has additional resources for home buyers and home sellers. This sales data was provided by the Bayeast MLS Association and collected through 1/11/26. Data deemed reliable but not guaranteed and is subject to revision.

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Contact Josh Uy, REALTOR, DRE #01952401. Phone 510.449.7280. Email Josh@EverhomeRE.com. Website and QR code both link to www.JoshUy.com. Buying, selling, new homes, and investments.