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San Francisco's property industry is one of the most competitive and high priced in the country. The city constantly rates among the utmost effective in terms of house prices, with the median house value flying about $1.3 million as of 2024. That large price is pushed by a few facets, including confined space for new development, a powerful job market, especially in the technology field, and a attractive life style that attracts equally domestic and private lending bay area global buyers.