San Rafael Real Estate Market Update, August of 2026 Data

San Rafael Real Estate Market 

The August 2026 real estate market report for San Rafael, California. The following are the key points: #1. The number of homes sold in August of 2026 was 39, down from July’s 55 and June’s 45. It should be noted that in August of 2025, 36 homes sold and in August of 2024, 33 homes sold, so the number is in line with the norm for August. #2. The median days on the market in August was 21. The days on the market have been bouncing around between 12 and 22 days these last 7 months. #3. The original list price to final sales price ratio was 104% in August up from 102% in July where it had been since May. #4. The median sold price per square foot in August was $775, down from July’s  $833, and June’s $779, but up from August 2025 where it was at $741. 

Of the 39 homes sold, 13 received multiple offers. Of those, 10 sold over asking, with the balance of 3 selling below their listed price. North San Rafael had 13 sales where South San Rafael had 26 sales. 

The Marin real estate market continues to be a sellers' market. We will have to see if the bond market and its rising yields turns things around or slows things down. The amount of cash buyers or buyers with large down payments migrating to Marin, makes me think we will continue to see the market trending as it has been, that is to say, sellers. These types of buyers are less affected by higher financing rates. 

Talk abouts:

• 166 Alpine Street, in San Rafael’s Sun Valley neighborhood. The listing received 7 offers, but the seller accepted one preemptively before even receiving the other 6. The property was marketed to agent networking groups before hitting the open market. The property sold for $461,166 over asking at $1,250 a square foot. The median price per square foot in San Rafael is $775, for August of 2026, so this sale was leaps and bounds above the norm. It was a beautifully done home. 

• 7 Homes sold off market, with three of them being pulled from the market for the summer lull only to close while being temporarily pulled. Three of the 39 sales I know of did not show on my graph insights program, and so my graph does not reflect those three sale. 

Some numbers for August of 2026

North San Rafael 94903: Median sold price $1,476,00 and the median price per square foot was $848

South San Rafael 94901: Median sold price $1,700,00 and the median price per square foot was $752

These numbers can change, as agents will report late sales or adjust information. These numbers were pulled on September 3, 2026.