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EconomySan Francisco estate sells for $10m above asking as AI boom pushes up prices

An eight-bedroom mansion in San Francisco’s Presidio Wall neighborhood sold for $28.5m, $10m above its $18.5m asking price, setting a city record. The report links rising housing costs to highly paid AI workers and notes growing competition at the top end of the market.

San Francisco real estateAI boomluxury home sale

TThe Guardian★★☆☆☆2026-10-27 20:23Original

San Francisco estate sells for $10m above asking as AI boom pushes up prices
San Francisco estate sells for $10m above asking as AI boom pushes up pricesEconomy