Savills: Average mainstream house price for typical employee of IT or financial services firm in San Francisco of USD565,620


In its recently published report ‘12 Cities: Occupying and investing in world city real estate’, Savills note that, for the typical employee of a digital start-up or hedge fund, the average capital value of a mainstream residence in San Francisco is USD565,620. From December 2011 to June 2015, the value of such a residence has grown by 74%. In that city, mainstream residences generally cost around 34% of prime residences, which have generally been the focus of buying by cross-border purchasers.

Source : October 2015/Savills/San Francisco/RES