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 National

Ebola czar starts work, drugmakers launch vaccine drive

ebola

The Obama administration is ramping up its response to the potential spread of the virus.

in National, World

Canadian parliament attacked, soldier fatally shot

canadashooting

A gunman shot a soldier and then entered the country's parliament buildings, with at least 30 shots fired in dramatic scenes in the heart of the Canadian capital.

in Local

Florence Mother Not Happy With Police Gun Training Schedule

Photo courtesy of Daily Hampshire Gazette

A Florence woman isn't happy that the Northampton police department's officer firearms training will happen during school hours next week

in Local

Montague Road to Re-Open

road closed

A long-closed Montague road will reopen, despite the protests of some residents who believe it is unsafe

in Local

Subway Opens In Northampton

sub sandwich

A brand-new Subway sandwich shop is up and running in downtown Northampton