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SF dethroned as most unaffordable housing market in America

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Another major California city gets the dubious distinction.

The San Francisco Bay Area is, to be clear, still an obscenely expensive area to live in — with some of the highestBut another city has dethroned San Francisco and the larger Bay Area for the dubious distinction of “the nation’s least affordable metro area,” according to one report published in February.San Diego the least affordable metro area — in large part due to a staggering 14% increase in the “median sold price” for a home in the Southern California city compared with last January.

While the median sold price in the San Francisco Bay Area is more than $1 million, that actually indicates a decrease in median price from last January, according to OJO Labs.

 

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