This article originally produced and appeared on Homes.com
By Moira Ritter
The artificial intelligence boom is changing more than the technology industry — it's also redefining the luxury housing market in San Francisco.
In February, the city's top five residential transactions ranged in price from $6.7 million to $9.95 million, according to public listings on Homes.com. Several of those properties sold well above asking price — with one even going for 23% more than its list price the same day it hit the market.
It's a sign of a broader shift underway in the city: wealth from the AI boom is changing the way people buy homes, especially in the luxury sector.
"Right now, in San Francisco, $4 million isn't even a higher-end, luxury buyer," Howard Epstein, a real estate agent in the city, told Homes.com News in an interview. "People have already partially cashed out their AI private or public stock money, and they want to have something that isn't just a run-of-the-mill place to live."
That's not only pushed prices up but also led more buyers to pay in cash or find alternative financing, according to Nigel Hughes, senior director of market analytics for Homes.com.
"There have been reports that people with AI startups that offer lucrative share options are being offered personal loans based on this wealth, as an alternative to traditional mortgage financing," he told Homes.com News. "Furthermore, the geographic spread of high-end sales is not restricted to traditional desirable family areas; younger buyers are attracted to vibrant neighborhoods, particularly those close to their workplaces."
5. $6,700,000
Address: 159-161 7th Ave
Seller’s agent: Neill Bassi, Sotheby's International Realty
Buyer's agent: Scott Brittain, Sotheby's International Realty
List price: $5,800,000
Square footage: 3,795
Bedrooms: 4
Year built: 1909
Lot size: 2,997 square feet
Days on the market: 7
This newly remodeled residence features three stories of living space and a rooftop deck. Located in San Francisco's Lake Street neighborhood, it offers proximity to the Presidio, a national park site.
4. $7,250,000
Address: 818 Douglass St
Seller’s agent: Tiffany Hickenbottom, Compass
Buyer's agent: Kevin Ho, Vanguard Properties
List price: $5,898,000
Square footage: 3,434
Bedrooms: 4
Bathrooms: 3.5
Year built: 1900
Lot size: 3,123 square feet
Days on the market: 7
Though it dates to 1900, this home was recently rebuilt and updated by Eastwood Development. It features a flat yard — a rarity in San Francisco — along with multiple decks and a garden.
3. $7,450,000
Address: 117 Telegraph Hill Blvd
Seller’s agent: Bill Bullock, Golden Gate Sotheby's International Realty; Magdealena Sarkissian, Golden Gate Sotheby's International Realty
Buyer's agent: John Townsend, Compass
List price: $7,880,000
Square footage: 4,190
Bedrooms: 4
Bathrooms: 7
Year built: 2022
Days on the market: 192
This row house is one of three luxury townhouses that were developed in 2022. The three residences share a foundation and access to a car elevator. There's also a private rooftop deck that boasts sweeping views of the city, including the Bay Bridge, the San Francisco skyline and Nob Hill.
2. $9,600,000
Address: 3300 Jackson St
Seller’s agent: John Solaegui, Compass
Buyer's agent: Ronnie Escalante, eXp Realty of Compass
List price: $11,150,000
Square footage: 6,376
Bedrooms: 5
Bathrooms: 8
Year built: 1919
Lot size: 2,744 square feet
Days on the market: 15
This home dates to 1919, but it was modernized in 2025. Now, it features high-end amenities including an elevator, Calacatta marble counters and Sub-Zero appliances. There are also two laundry rooms and a garage with interior access.
1. $9,950,000
Address: 2765 Union St
Seller’s agent: Janet Schindler, Sotheby's International Realty
Buyer's agent: Gregg Lynn, Sotheby's International Realty
List price: $9,950,000
Square footage: 5,610
Bedrooms: 5
Bathrooms: 6
Year built: 2016
Lot size: 3,718 square feet
Days on the market: 0
EAG Studio rebuilt this residence. It features a patio with a sports court and turf play area, as well as upgraded bathroom and kitchen amenities. There's also an elevator that accesses all levels, including the roof, which touts views of the Golden Gate Bridge and the San Francisco Bay.
