Kevin Peterson

Mid-Peninsula Real Estate Market Report — May 2026 Published by Kevin Peterson, KPeterson Realty | DRE #02128545 | May 2026 What This Report Covers This report analyzes 14,738 confirmed Bay Area closed sales (January–May 2026) and 3,839 May 2025 comparison records — broken out by city, price tier, SFR vs. Condo/Townhouse, and five-county region. Every data point is sourced from Bay East / BAREIS MLS confirmed closed sales. Three Numbers That Define May 2026 109.7% — San Francisco SFR...

December 2025 showed a Bay Area housing market that refused to “slow down for the holidays.” Instead of cutting prices, many sellers pulled listings or held firm, and serious buyers still stepped in where homes were scarce. Single-family homes stayed competitive, while condos and higher-priced homes remained negotiable. As 2026 begins, choices and timing—not lower rates—are shaping who wins in today’s market.

December 2025 showed a Bay Area housing market that refused to “slow down for the holidays.” Instead of cutting prices, many sellers pulled listings or held firm, and serious buyers still stepped in where homes were scarce. Single-family homes stayed competitive, while condos and higher-priced homes remained negotiable. As 2026 begins, choices and timing—not lower rates—are shaping who wins in today’s market.