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News

AI is fueling a shocking new trend in San Francisco real estate

July 3, 2026/No Comments

2653 Union St. sold for $8 million — $2.5 million over asking.

The most alarming trend to emerge this summer is the colossal overbid. “85% of SF houses sold over asking in early 2026,” San Francisco real estate specialist Luba Muzichenko wrote on Instagram. The average overbid, she said, was 23% above list price. “That ties the all-time record from April 2022.”

By Anna Marie Erwert, SFGATE Contributor


Click here to read the story.

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