San Francisco Real Estate Exuberance

Priceonomics:

The average price of one bedroom condominium in San Francisco is $630,000 as of June 2013. This would presumably buy you a mansion in much of the country, but in San Francisco it lands you an 898 square foot condo. And if you’re looking for a little more room, a two bedroom in San Francisco costs $893,000 and a three bedroom $1,235,000. You don’t want to know what a four bedroom costs.

I periodically post trends from our v5 native iPhone, iPad and Android apps at pulse.re, including Silicon Valley.