Office Vacancy Rate
33.5%-3% YoY
Lowest since 2020
Median Rent
$3,065+12.2%
Nation's most expensive
New Housing Units
1,704In Pipeline
From major projects
Investment Sales
$2.3B+100%
26 transactions in 2025
Major Development Projects
Recently approved and under construction
10 South Van Ness
Mid-Market
Units:1019
Height:67 stories
Type:Mixed-Use
1111 Sutter Street
Lower Nob Hill
Units:303
Height:22 stories
Type:Mixed-Income
La Maravilla
Mission District
Units:382
Height:Phased
Type:100% Affordable
Neighborhood Activity
Vacancy rates and development activity by area
- Vacancy %
- Activity Score