AI workers' stock sales drive San Francisco home prices to record highs

San Francisco home prices hit record highs as AI workers cashed in stock sales from OpenAI and Anthropic.

• San Francisco became the most expensive US city for homebuyers in March 2026, overtaking San Jose.
• The median home sale price in the city reached a record $1.76 million in May 2026, up 14.1% from a year earlier.
• In October 2025, more than 600 OpenAI employees sold shares worth $6.6 billion, according to reports.
• Anthropic workers were allowed to sell shares totaling about $6 billion, according to reports.