If you’re looking to buy in San Francisco, then you better start digging deeper into your pockets.
Housing prices shot up a whopping $205,000 over the first six months of the year, while condos saw a jump of $71,000, according to CNBC, citing data analyzed by Paragon. The increases put the average price of a house in the city at $1.62 million and the average condo at $1.21 million.
As the tech industry continues to gain momentum here in Silicon Valley, supported by great weather, the demand to live closer to the tech giants is a must. Locals are making a fortune by selling their home to techies.