AI Gold Rush Drives Demand For High-End Homes In Silicon Valley – Deals Over $5 Million Jump 68%

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Luxury home sales in Santa Clara, the core of California’s Silicon Valley, surged alongside the artificial intelligence (AI) boom in 2024.

According to real estate brokerage Compass, the tech epicenter recorded an unprecedented number of home sales priced at $5 million or more last year.

Mansion Global reported that 349 homes in the price range were sold, a 68% rise from 2023. In…