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 Entertainment, Viral Videos

What color is this dress?

Updated
19-overlay6

The "great dress debate" has been dividing the Internet. Are you team #WhiteandGold or team #BlueandBlack?

in Entertainment

PHOTOS: Leonard Nimoy through the years

AP8209190316_5

Although he capped his "Star Trek" run with a notable career as both an actor and director, in the public's mind he will always be Spock.

in Entertainment

‘Star Trek’ star Leonard Nimoy dead at 83

nimoy

The world famous Mr. Spock has passed away.

in Music

George Harrison tree tribute replaced to mark 72nd birthday

harrisontree

A new tree tribute to the late George Harrison has been planted in a Los Angeles park after a beetle infestation killed off the last pine.

in Music

Rock ‘n’ roll dreams come true for adults at Minnesota camp

Updated
rockcamp

Just because you have a family and a mortgage doesn't mean you can't rock and roll.