San Francisco’s housing market continued to heat up in March as the artificial intelligence (AI) boom generated new wealth and high-paying jobs, according to a report from Redfin.
The real estate brokerage said on Thursday that the median home sale price in the San Francisco metropolitan area jumped 14.4 percent year over year in March to a record $1.7 million, marking the biggest increase since March 2018.
Redfin said the gain was also the largest among the nation’s 50 most populous metro areas. It now identifies San Francisco as the major U.S. metro with the highest home prices, overtaking neighboring San Jose, which held that title for much of 2024 and 2025….