San Mateo County home prices overtake San Francisco for the first time since 2007

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.

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Source: Silicon Valley Business Journal