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Is this just a reversion to the mean following a one-time jump due to IPOs from, e.g., Facebook and Twitter?

I guess what I'm asking is, did SF housing prices merely fall back to where they were in 2013? Or all the way back to where they were in, say, 2009?




Not even close. More like they dropped to a few months ago. 1.8% seems like a rounding error. Probably the middle to high end is seeing most of the drop. In the 2-5 million range, houses have been staying on the market longer. Houses around where I live are still selling for $100,000 + over what I paid in 2013...




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