Single-family median home prices in San Francisco jumped 21% year-over-year, hitting $2.1 million. That's not a typo. Two-point-one million dollars for the median home. And these properties aren't sitting around waiting for buyers to mull it over — average market time was just 17 days. By the time you schedule a second viewing, someone else has already closed.

As one local put it, "That's such an insane number. Rest of the US is cooling and SF decides to go crazy."

Perhaps the more interesting story is the condo market's comeback. Sales volume surged 22%, and units are moving significantly faster than a year ago. Remember when everyone was fleeing condos during the remote-work exodus? Turns out the "San Francisco is dead" narrative was, as usual, wildly premature. One SF resident captured the whiplash perfectly: "Wild how condos are picking up steam when everyone was avoiding them during the whole work-from-home thing. 17 days for single family is insane though, that's basically getting snatched up in first week if you account for staging time."

Here's the thing that should concern anyone who cares about this city's long-term viability: these prices aren't just numbers on a spreadsheet. They represent a growing wall between San Francisco and the teachers, nurses, small business owners, and young professionals who actually make a city function. Another local summed up the exhaustion nicely: "Every time I feel like I'm 2-3 years away from plausibly owning a condo or townhome in the Bay Area, some wild shit happens to the market."

And what's City Hall's response to a housing affordability crisis that just got 21% worse? More bureaucratic permitting delays, more fees stacked on new construction, more NIMBY-friendly processes that strangle supply. San Francisco doesn't have a demand problem — it has a supply problem created almost entirely by its own government. Until the city gets serious about cutting red tape and letting builders actually build, these numbers will keep climbing, and homeownership will keep receding further into fantasy for anyone who isn't already sitting on tech equity or a trust fund.

The market is screaming. Is anyone at City Hall listening?