News

In San Fran, a million won’t buy you much

In San Fran, a million won’t buy you much

COST OF LIVING: George Limperis, a Realtor with Paragon Real Estate Group, smiles while walking through the kitchen of a property in the Noe Valley neighborhood in San Francisco, Wednesday, July 30. The median selling price for homes and condominiums hit seven figures for the first time last month. Photo: Associated Press

SAN FRANCISCO (AP) — A research firm says a record number of million-dollar homes were sold in the San Francisco Bay Area during the second quarter, another sign that affording a place to live is a growing challenge for anyone who isn’t tied to the technology economy.

CoreLogic DataQuick said that more than 5,700 homes sold for at least $1 million from April through June, the highest since the Irvine, California-based firm began collecting data in 1988.

More than 1,100 homes sold for at least $2 million in the nine-county region, also a record.

Santa Clara County, in the heart of Silicon Valley, and the city of San Francisco set records for million-dollar sales.

Prices are highest in San Francisco, where the median sales price hit $1 million last month.

Recent Headlines

in Sports

PHOTOS: Super Bowl Media Day 2015

Fresh
Seattle Seahawks' Richard Sherman during media day for NFL Super Bowl XLIX football game Tuesday, Jan. 27, 2015, in Phoenix. (AP Photo/Matt York)

The Seattle Seahawks and the New England Patriots hit the floor for the NFL Super Bowl XLIX media day.

in Sports, Viral Videos

Marshawn Lynch doesn’t want to get fined

Fresh
23-overlay5

The Seattle Seahawks running back has a goal for Media Day.

in Local

New York apple exports could grow from new agreement

apples

The trade deal between the U.S. and China could make all apples fair game for sale.

in National

Blizzard hits the northeast, New York spared its brunt

A man walks out of an ocean front house covered in ice during a winter blizzard in Marshfield, Massachusetts January 27, 2015.

As New York and New Jersey lifted travel bans, Massachusetts braces for more snow.

in Local

Ithaca Assemblywoman Lifton calls for Silver’s resignation

State Assemblywoman Barbara Lifton [D-Ithaca] speaking at a Cortlandville Town Hall in 2013.

"This is a sad day for our conference and a sad day for New York."