2. San Francisco
San Francisco’s natural beauty and very lucrative tech jobs are a magnet for newcomers — but the horrendously expensive real estate just ends up repelling people.
The average selling price is currently $1.43 million, which is up nearly 2% from a year ago. Homes that would be undesirable elsewhere sell for hundreds of thousands over asking price in frenzied bidding wars.
Residents looking to leave are most often checking out homes in Sacramento and Seattle.