Three SF condos hit MLS on October 8 — all priced below the city's $1.47M median
Three condominiums appeared on the MLS feed on October 8, ranging from $428,000 at 400 Grove Street to $1,095,000 at 338 Main Street. Nothing went pending and nothing closed.
Three condominiums appeared on the MLS feed on October 8. Nothing went pending, and no closings were recorded. On a day this quiet, the spread across the three new listings — from $428,000 to $1,095,000 — is the most telling single fact.
What came on
| Address | MLS | Type | List Price |
|---|---|---|---|
| 338 Main Street #D20H | SF426168618 | Condominium | $1,095,000 |
| 501 Beale Street #8C | SF426168208 | Condominium | $899,000 |
| 400 Grove Street #101 | SF426168683 | Condominium | $428,000 |
Two of the three sit in the South Beach / Rincon Hill corridor — 338 Main and 501 Beale — with list prices of $1,095,000 and $899,000 respectively. The third, 400 Grove Street #101 in Hayes Valley, is priced at $428,000, which puts it more than $470,000 below the next listing that appeared the same day.
How it compares with homes like it
No peer-sale data is available for a same-day roundup across three distinct units; there is no single subject property to anchor a like-for-like comparison. What the record does show: the 180-day median sale price across all property types in San Francisco over the last 180 days (130 sales) was $1,466,000, and the median price per square foot was $1,237. The three new listings span a wide band relative to that median — 400 Grove at $428,000 is well below it, 501 Beale at $899,000 is below it, and 338 Main at $1,095,000 is below it as well.
Comparable sales
The table below covers recent closed sales from the MLS across San Francisco, all recorded by MLS status change. These are offered for context on where the broader condo and mixed market has been trading, not as direct comps to any of the three new listings.
| Address | Recorded | Price | Sq ft | $/sq ft | Notes |
|---|---|---|---|---|---|
| 425 1st Street #1107 | 2026-09-15 | $1,085,000 | 819 | $1,325 | 1 bed |
| 333 Grant Avenue #701 | 2026-09-15 | $1,080,000 | 850 | $1,271 | 1 bed |
| 1000 3rd Street #1305 | 2026-09-16 | $1,680,000 | 1,218 | $1,379 | 2 bed |
| 2238 Market Street #107 | 2026-09-16 | $1,150,000 | 801 | $1,436 | 1 bed |
| 2525 Van Ness Avenue #502 | 2026-09-15 | $4,150,000 | 1,951 | $2,127 | 3 bed |
| 212 Union Street | 2026-09-15 | $8,500,000 | 4,000 | $2,125 | 4 bed |
The condo entries in the mid-800-to-1,200-square-foot range — 425 First Street, 333 Grant, 1000 Third Street, 2238 Market — closed between $1,080,000 and $1,680,000 at $1,271 to $1,436 per square foot. Square footage is not available in the feed for the three new listings, so a direct per-square-foot comparison cannot be made.
Condos and townhomes across San Francisco
The 180-day record across all property types (130 sales) shows a median sale price of $1,466,000 and a median of $1,237 per square foot, with a median interior size of 1,220 square feet. The range across those 130 sales runs from $563,000 to $8,500,000. The three listings that appeared on October 8 all sit below that 180-day median, with 400 Grove Street at $428,000 representing the low end of what has come to market recently.
How the San Francisco market is doing
Across all property types, 130 sales have been recorded in the city over the last 180 days, with prices ranging from $563,000 to $8,500,000. The median sale price over that window is $1,466,000, and the median price per square foot is $1,237. Median interior size is 1,220 square feet; median lot size is 9,202 square feet. Year-ago figures for the same 180-day window are not available in the current data set, so a year-over-year comparison cannot be drawn.
Tim McMullen · CA DRE #02016832
[email protected] · (415) 691-9272
Tim McMullen, CA DRE #02016832. Real estate services provided by Tim McMullen, Broker, CA DRE #02016832. Figures are from recorded sales; nothing here is an opinion of the value of any home.