With Zillow' s estimated total of $1.95 trillion, that makes the San Francisco metro the third-most valuable out of the 50 U.S. metros , behind only New York and Los Angeles.
The report showed that U.S. housing, in general, gained nearly $7 trillion in value in 2021, breaking the previous record for a single year.
The report also analyzed the nearby San Jose metro area. With a total of $836 billion, they ranked ninth among the top 50 metros. The housing market in San Jose is now worth $548 billion more than it was a decade ago.
These are the top 5:
- New York ($3.5 trillion)
- Los Angeles ($3.3 trillion)
- San Francisco ($2 trillion)
- Boston ($1.1 trillion)
- Washington, D.C. ($1.1 trillion)