June 2026 Bay Area Real Estate Market Update-Is San Jose's High Delistings a Sign of What's to Come?
12m | Jun 10, 2026Is the headline about Bay Area de-listings actually telling the truth β or is the data saying something completely different?
Spencer Hsu, a top 0.5% real estate agent in the U.S., digs into the June 2026 MLS data across San Francisco, Santa Clara, San Mateo, Alameda, and Contra Costa Counties β and what he finds contradicts the Redfin and NBC Bay Area headlines making the rounds. The Bay Area median sales price just hit its highest point ever at $1.4M across all five counties. San Francisco alone hit $1.756M β an all-time high. Yet some counties are already showing early signs of softening. This is where trends stop being theoretical and start showing up in real transactions.
===
π‘ In This Video, We Analyze:
π The De-Listing Headline β Fact or Noise?
Spencer breaks down the Redfin/NBC Bay Area story claiming Bay Area sellers are pulling homes at near-record rates β and shows you why the actual MLS numbers tell a very different story.
ποΈ County-by-County Breakdown
San Francisco and Alameda County are holding strong β SF hit its highest median ever at $1.756M and Alameda surprised to the upside. Meanwhile Santa Clara County has already started to soften from its April peak, and Contra Costa showed unexpected strength heading into summer.
π° Pricing & Inventory Trends
New listings are peaking now β expect a drop of roughly 1,100 homes per month as we move through June, July, and August, with November-December seeing up to 70% fewer listings than spring. Spencer maps out exactly when prices historically dip and when they bounce back.
π¦ Summer Seasonality & Buyer Opportunity
Why JuneβSeptember is historically the best entry window for buyers who missed the spring rush β and why the most aggressive spring buyers have already exited the market, leaving less competition for those still in it.
π Single-Family vs. Condo & Townhome Performance
Santa Clara County single-family homes slipped from $2.1M in April to $2.05M in May β and condos/townhomes followed the same pattern after an above-trend April spike.
===
π Key Takeaways:
β The overall Bay Area median hit $1.4M in May β the highest it has ever been for this time of year
β San Francisco median reached $1.756M β an all-time record, likely driven by AI sector demand
β Santa Clara County is already softening β single-family down from $2.1M to $2.05M April to May
β Alameda and Contra Costa both surprised to the upside in May β not all counties move the same
β Expect 18% fewer new listings in June and up to 70% fewer by December β supply will tighten fast
===
π‘ Pro Tips:
π Buyers: The aggressive spring buyers have already landed their homes β June through September is historically your lowest-competition window. If you're still in the market, keep going.
π Sellers: If your neighbor sold at a higher April price and you're pricing to match, be aware β Santa Clara County data already shows a 3β5% correction from April peaks. Price to today's market, not last month's.
π Investors: Watch the divergence between SF/Alameda (strengthening) and Santa Clara (softening). That gap creates strategic opportunities in both directions depending on your thesis.
===
π Ready to Make a Strategic Move in 2026?
Contact Spencer Hsu for a personalized Zoom strategy call to map out your Bay Area real estate plan.
π Book your call: https://calendly.com/spencerhsure
π Call / Text: (408) 547-4590
π§ Email: spencer@spencerhsu.com
π Website: www.homesbyspencerhsu.com
π₯ Follow for more Bay Area real estate insights:
β Instagram: @spencerhsure
β LinkedIn: Spencer Hsu
#BayAreaRealEstate #HousingMarket2026 #BayAreaHousing #SanFranciscoHomes #SantaClaraRealEstate #SanMateoHomes #RealEstateTrends #MarketUpdate #SiliconValleyRealEstate #BayAreaHomeprices
