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Spring Surge Hits San Francisco
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San Francisco’s real estate market is accelerating as we move deeper into spring, with strong buyer demand and a limited supply of homes continuing to drive competition, faster sales, and rising prices. Luxury activity has surged, with high-end sales more than doubling year-over-year, while the broader market remains fueled by strong local wealth and motivated buyers. Although single family homes continue to lead the charge, the condo/TIC market is also rebounding, signaling strength across all segments. With spring historically marking peak sales activity, and momentum already well underway, San Francisco is shaping up to be one of the hottest markets in the country.
Dive into the Full March Market Report for a closer look at what’s driving this fast-moving market. If you're considering a purchase or sale in 2026, now is the time to plan, prepare, and position yourself ahead of the competition. As always, thank you for being part of the Bellings Brothers family and we look forward to catching up with you soon!
All the best,
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Buyer Competition Intensifies
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Buyer competition continues to intensify, with 64% of homes selling over list price in February 2026, the highest level since mid-2022. With limited inventory and rising demand, aggressive bidding remains a defining force across both houses and condos this spring. Read More.
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One Oak Tower Signals SF Comeback
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San Francisco’s recovery continues to take shape as the 41-story One Oak tower moves forward at Market and Van Ness. The project will bring hundreds of new homes to a key transit hub, marking another step in the city’s broader push toward growth, housing, and revitalization. Read More.
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The City Steps Into Spring
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San Francisco’s spring season is in full swing, with April bringing a lineup of outdoor festivals, waterfront events, and neighborhood street fairs. From Earth Day celebrations to local markets and open-air gatherings, the city’s energy is back as residents head outside to enjoy the season.. Read More.
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New Restaurant Hotspot ⭐️
A Michelin Chef's Take on Deli
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San Francisco’s dining scene continues to evolve with the opening of Loveski, a “Jew-ish” deli from Michelin-starred chef Christopher Kostow. Blending New York deli tradition with California creativity, the concept features sourdough bagels and inventive takes like a pastrami-latke burrito, quickly becoming one of the city’s most talked-about new spots. Read More.
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Vacant Duplex | 3098 SF | $2,500,000
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2 BD | 1 PKG | Private Yard | $1,195,000
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5 BD | 3 BA | 3 PKG | 3124 SF | $1,795,000
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Panhandle - Private Exclusive
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Triplex | 3 BD Flats | 4524 SF | $2,749,000
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Inner Mission - Private Exclusive
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SFH | 3 BD | 2 BA | 1496 SF | $1,575,000
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Alamo Square - Private exclusive
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2 BD | 2 BA | Private Deck | $1,695,000
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2200 Sacramento St, No. 205
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Pacific Heights - Private Exclusive
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1 BD | 1.5 BA | 1 PKG | Patio | $1,195,000
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2999 California St, No. 605
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Lower Pac Heights - Private Exclusive
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1 BD | 1 BA | Renovated | $749,000
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A Lesson In Patience Pays Off
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While San Francisco’s market remains highly competitive, opportunities are still out there when you work with the right team. This young family first toured their dream home during the holidays, and after negotiating hard with the sellers for months, our buyers secured their Monterey Heights home - a reminder that patience can truly pay off!
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A Standout Sale, Driven by Story
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This home was cherished by one family for 40+ years, its extraordinary “secret garden” backyard at the heart of the property. Our team made strategic, high-impact upgrades while showcasing the stunning grounds that drew widespread attention including multiple press features, like SF Gate, centered on the garden. The result: multiple offers and a final sale $1.5M+ above listing price.
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We Treat Your Referrals Like Family
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As always, we take excellent care of any referrals you send our way. If you have any family or friends who are thinking about buying or selling a home in the Bay Area, we’d love to connect with them!
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Moving Outside of the Bay Area?
Whether you're relocating for work, expanding your investment portfolio, or wanting a change of scenery - we've got you covered! As Top 1% Compass Agents, we have access to a powerful national network that encompasses the best agents all across the country. Reach out for a great Realtor referral! 🏡✈️
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Compass is a real estate broker licensed by the State of California operating under multiple entities. License Numbers 01991628, 01527235, 01527365. All material is intended for informational purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.
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