AI-Driven Luxury Boom and K-Shaped Divergence

SF single-family prices up 25% YoY, inventory down 41%, 86% of sales over asking. A South Bay real estate firm reports $240M in summer sales, more than double last year, confirming continued strength in the luxury/prime segment. A south San Jose neighborhood shows extreme price volatility (50% jump in three months), reinforcing micro-market anomalies within the K-shaped bifurcation. Tech wealth and AI-driven demand sustain bifurcation.