4. San Francisco
YOY Increase: 7.5%
We’re back in California for our next city. San Francisco edged out Miami for the fourth spot with its one-year increase of 7.5%. That also beat out the area’s 5.3% gain in the year leading up to August.
Prices gained 0.5% month-over-month, matching the increase enjoyed the month prior.
While San Francisco only barely missed the top three, the area has plenty to smile about. The city also took the crown for best housing market in terms of three different statistics in September: median list price, percent distressed and median days on market.