Saturday, August 23, 2014

Saturday Stats: San Jose is the Most Expensive Metro in the US

You would think that New York or San Francisco would be the most expensive metros in the US, but we win the prize (if this is a prize at all). US home prices have grown an average of 4.4% year over year, but in San Jose they have increased a whopping 11.3% from the first to second quarter alone. The current median sale price stands at $899,500 for a single-family home in our metro.

San Francisco came in as the 2nd most expensive metro, followed by Anaheim/Santana Ana, Honolulu, and San Diego.

Source: SocketSite

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