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.

Latest Stories

in Albemarle County, Charlottesville City, Local, Local Sports, Sports, UVA, UVA Sports

UVA Tops VT In Commonwealth Clash

UVA Men's Soccer NCAA Champions 121414 (credit UVA Athletics)

UVA defeated Virginia Tech in the Commonwealth Clash, sponsored by Virginia529.

in Local, Local Sports, Sports, Surrounding Counties, UVA, UVA Sports

UVA Drops Doubleheader To Wolfpack

baseball bat

The UVA baseball team dropped both games of a Sunday doubleheader at N.C. State.

in Entertainment, Sports

Bruce Jenner: ‘I am a woman’

brucejenner

The retired Olympic champion confirmed long-running speculation suggesting he is transitioning from male to female.