San Francisco House Prices Hit Record $2.15 Million on AI
The price jump in San Francisco contrasts with a modest 0.8% US price increase in the year through March, as tracked by Zillow Group Inc.
Photographer: David Paul Morris/BloombergSan Francisco’s median house price jumped to a record $2.15 million in March, up 18% from a year earlier as wealth generated by artificial intelligence startups flooded the city, according to brokerage Compass Inc.
Condo prices also surged, rising 27% to $1.36 million, Compass said in a report. That was just below the $1.375 million peak of April 2022.