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San Francisco Home Prices Hit $2.15M Amid AI Boom

4/8/2026

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Story summary
  • San Francisco's median home price reached a record $2.15 million, fueled by AI growth.
  • Compass Real Estate reported an 18% year-over-year price rise, with condo prices up 27%.
  • Tech layoffs persist, yet investments in artificial intelligence boost housing costs.
  • The number of homes for sale fell 28% year over year, with buyers paying 23% above listing and homes selling in about 20 days.