San Pedro Peninsula, San Rafael Housing Market · 2026

Data through Aug 2026

Data curated by Melanie Tan, 8 Blocks Real Estate · How this data works

San Pedro Peninsula, San Rafael Market Snapshot

San Pedro Peninsula is a balanced market, but competition has been picking up. Here's where things stand:

Based on 31 homes sold in the 3 months ending August 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Updated weekly.

Data through August 2026

SalesWhat are homes selling for?
Median Sale Price
$1.97M
▲ Up 3.9% from August 2025
Up $74K from August 2025
Homes Sold
31
Sold in the last 3 months. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$13,045/mo
7.28% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$10,805
  • Property Tax$2,056
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
22 days
▼ 26 fewer days than in August 2025
Homes typically sell within a month
Sale-to-List Ratio
102.4%
▲ Up from 99.4% in August 2025
Selling at or near asking price
% Sold Over Asking
46%
46% of homes sold above asking, some competition
Active Listings
12
▼ Down 15.6% from August 2025
About 1.2 months of supply. Very low, limited options for buyers

Market Trends

See how prices, monthly costs, and mortgage rates have moved in San Pedro Peninsula.

Median Sale Price
Up 3.9% year-over-year in San Pedro Peninsula. Based on 31 sales in the last 3 months.
Homes Sold
41% more homes sold than a year ago in San Pedro Peninsula.
Total Monthly Payment
Estimated monthly cost is up 5% from a year ago in San Pedro Peninsula, reflecting changes in both price and mortgage rates.

Includes principal, interest, estimated CA property tax (~1.25%), and estimated insurance (~$2,200/yr). HOA fees not included.

30-Year Fixed Mortgage Rate (National Avg.)
National average currently at 7.28%. Your actual rate depends on your credit, down payment, and loan type.

Frequently asked questions about San Pedro Peninsula, San Rafael

Is now a good time to buy in San Pedro Peninsula, San Rafael?

San Pedro Peninsula, San Rafael is balanced but competition is picking up. It remains a reasonable environment for buyers, though acting decisively on well-priced homes is becoming more important.

How do San Pedro Peninsula, San Rafael home prices compare to the Bay Area average?

At $1.97M, San Pedro Peninsula, San Rafael's median is close to the Bay Area average of $1.78M.

Within San Rafael, this area trades about 52% above the city-wide median of $1.30M.

By home type:

  • Single-family homes at $2.11M
  • Condos at $1.15M
  • Townhomes at $899K
What price range should I budget for in San Pedro Peninsula, San Rafael?

Prices in San Pedro Peninsula, San Rafael depend heavily on home type and specific neighborhood. Median sale prices by type:

  • Single-family homes at $2.11M
  • Condos at $1.15M
  • Townhomes at $899K

Individual listings vary widely based on location, size, and condition. The best calibration is to narrow to a few specific neighborhoods you are considering and look at recent sales there.

How competitive is San Pedro Peninsula, San Rafael for buyers?

San Pedro Peninsula, San Rafael is a balanced market where neither side dominates:

  • Homes sell about 2% above asking on average
  • 46% close above list price
  • 22 days typical time to go pending
  • 24% of listings have had a price reduction

Buyer strategy: contingencies are more accepted, and there is time to tour and negotiate without extreme pressure.

What will my total monthly cost be on a median-priced San Pedro Peninsula, San Rafael home?

At $1.97M with 20% down at 7.28%, your estimated total monthly cost is approximately $13,045:

  • $10,805 principal and interest
  • $2,056 property tax (California 1.25% effective rate)
  • $183 homeowners insurance

HOA fees are extra. Condo buyers typically budget an additional $300 to $700 per month for HOA, and townhome HOAs run $200 to $500.

No noise, just a quick weekly read on what's going on in your market.

Melanie Tan
Melanie Tan
DRE #02250755
“I help Bay Area buyers and sellers make confident moves with the latest market data, real local expertise, and the patience to find what's actually right for you, not the fastest close.”
See all reviews on Zillow →

Let's Chat!

I read every message and usually reply the same day.

What brings you here?