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MULTITUDES: The unauthorized memoirs of Sam Smith

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November 15, 2018

A third of San Francisco homes valued at over $1 million

Reason - Real estate listing company Trulia released a new report which looks at the number of $1 million residential properties in each city, finding that California cities have by far the largest percentage of seven-figure homes in the nation.

"Of the more than 15,100 larger neighborhoods nationwide included in this analysis, 838 had a median home value of $1,000,000 or more, roughly two-thirds of which are in California," writes Felipe Chacón, the report's author.

San Francisco, perhaps unsurprisingly, leads the pack with a whopping 67 percent of homes valued at over $1 million.

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