San Francisco's housing market is witnessing a revival as the AI industry flourishes and new Mayor Daniel Lurie effectively addresses pressing urban challenges like crime and homelessness. Lurie's administration is focused on creating safer streets and revitalizing neighborhoods, indicating initial improvements in the city's quality of life. Median home listing prices in downtown have surged by 51% compared to last year, reflecting renewed buyer interest. However, many prices remain lower than pre-pandemic levels, highlighting ongoing challenges in the city even amidst signs of recovery.
The people of this city have called on us to rebuild a safer, cleaner, thriving San Francisco.
In May, median home list prices surged 51% compared with a year ago in the downtown San Francisco ZIP code.
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