San Mateo County took San Francisco’s distinction as most expensive Bay Area housing market last month, according to a report from residential real estate firm Pacific Union. The median home price of in the county currently sits at $1.47 million, compared to San Francisco’s $1.39 million. Selma Hepp, Pacific Union’s chief economist, said that this is the first time that San Mateo prices have overtaken San Francisco in a decade.
Source: Silicon Valley Business Journal