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 Entertainment

‘Ant-Man’ sequel and three more Marvel movies are coming


The superhero universe will add three more as of yet unnamed movies by 2020.

in Entertainment

Carlton says there won’t be a ‘Fresh Prince’ reboot


Alfonso Ribeiro is adamant there will never be a TV reboot of "The Fresh Prince of Bel-Air," because no one can take the place of their "cornerstone" James Avery.

in Weird

On zomBee watch


While scientists have documented cases of tiny flies infesting honeybees, causing the bees to lurch and stagger around like zombies before they die, researchers don't know the scope of the problem.