Obviously, no one can say for sure where specific prices will go, but your guess is certainly on target with those of many professionals. The California Association of Realtors predicts that 2008 will be the low in the overall CA market and then prices will rise after that. However, that doesn't mean that prices in SF or in any specific community will wait that long to rise. All in all, if you don't need to sell now, I would wait until at least Spring when more buyers will be on the market. Just my 2 cents!