: 3.4% Vacancy rate
: 1.7% Construction permits
: 4.6 per 1,000 homes
The big thing going for the San Francisco housing market has been its job market, which grew by 3.4% during the first 10 months of the year. This was fourth-highest job growth of the top 100 metro areas. Even with the market taking a bigger hit than most during the housing downturn, it has made a comeback recently. Year-over-year asking prices as of the end of November were up 9.5%, among the best growth in the country. San Francisco homes were the most expensive on a square foot basis, with a median square foot asking price of $476.55 within the last 12 months.
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