News Summary

• A six-bedroom, 5,700-square-foot home in Cow Hollow, one of San Francisco’s most coveted neighborhoods, just sold for $15 million.
• Across a wide swath of the market, buyers are bidding aggressively, with homes routinely selling for $1 million over asking.
• New data from Redfin shows luxury home sales in San Francisco jumped 22% year-over-year in March.
• By contrast, non-luxury sales rose less than 4% with prices essentially flat.