TOTAL VOLUME:
$134.2b
24H VOL:
$130,522,377
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,438,389,636
404,028
Markets across
30,214
events
MATCHED EVENTS:
2,681
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: May 30, 8:00 PM EST
Polymarket
This market tracks whether the median home value across all property types in the San Francisco Metro area will fall below $1,228,000 or exceed $1,301,000 by late May 2026. On Polymarket, the probability that the median value stays below $1,228,000 stands at 92.0%, while the probability it exceeds $1,301,000 is 4.3%. Resolution will be determined by official data from the Parcl Labs Sales Price Index for the San Francisco Metro area, with settlement calculated using the published price per square foot multiplied by 1,700 square feet. Watch for Parcl's data release on May 31, 2026, which will serve as the definitive resolution source.
Prediction market odds on this event reflect real-time trader expectations, which often diverge from traditional analyst forecasts. While real estate analysts may issue periodic reports on Bay Area home values, prediction markets aggregate distributed knowledge from many participants with financial incentives to forecast accurately. The market price represents a dynamic consensus that updates continuously as new housing data, interest rate changes, or economic indicators emerge. Comparing market odds to published analyst estimates can reveal whether traders are pricing in more optimistic or pessimistic scenarios than the consensus view.
The market resolves on May 31, 2026. At that time, the actual median home value for the San Francisco Metro area as of May 31 will be determined, and the corresponding outcome bracket will be confirmed. Traders holding shares in the winning bracket receive their payout, while other positions expire worthless. The resolution hinges on official data for the San Francisco Metro median home value on that specific date, establishing a clear factual basis for determining which outcome occurred.
Several factors could shift market odds before May 31. Federal Reserve interest rate decisions directly impact mortgage affordability and buyer demand in the Bay Area. Major tech company earnings reports or hiring announcements affect regional employment and housing demand. Economic data such as inflation reports, unemployment figures, and consumer confidence indices influence broader real estate sentiment. Local Bay Area housing inventory reports, new construction announcements, and commercial real estate trends also matter. Additionally, geopolitical events or unexpected economic shocks could reshape expectations about the region's median home value trajectory.