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The Good News: SF Luxury Home Sales Hold Their Own

While SF luxury home prices dipped slightly in the fourth quarter of 2007 (1.7%, to put a finer point on it), they've actually risen on a year-to-year basis since 2006 (up 3.7% from the fourth quarter) according to the First Republic Prestige Home Index by First Republic Bank— no vested interest in positive outlooks there, eh? The average luxury home in San Francisco is $3.03 million. [Earth Times]