San Francisco has the most expensive real estate in the US, surpassing New York City with an average asking price of almost $1.3 million.
The San Francisco housing market has gone off the rails in recent years. Thanks to an influx of tech money and limited housing stock, average rents have soared to more than $1,700, and a one-bedroom will cost almost $3,700. For home buyers, San Francisco is the most expensive city in the US, with an average asking price of almost $1.3 million. Visit MarketsInsider.com for more stories. San Francisco is less than 49 miles square and, with water on three sides, there's no room to spread out.
The San Francisco housing market has gone off the rails in recent years. Thanks to an influx of tech money and limited housing stock, average rents have soared to more than $1,700, and a one-bedroom will cost almost $3,700. For home buyers, San Francisco is the most expensive city in the US, with an average asking price of almost $1.3 million. Visit MarketsInsider.com for more stories. San Francisco is less than 49 miles square and, with water on three sides, there's no room to spread out.