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A sale balloon for a nearby store is shown next to a property in the Noe Valley neighborhood just sold for $1.8 million in cash, $600,000 more than its asking price, in San Francisco, Wednesday, July 30, 2014. In the souped-up world of San Francisco real estate, where the median selling price for homes and condominiums hit seven figures for the first time last month, the cool million that would fetch a mansion on a few acres elsewhere will now barely cover the cost of an 800-square-foot starter home. (AP Photo/Jeff Chiu)

A sale balloon for a nearby store is shown next to a property in the Noe Valley neighborhood just sold for $1.8 million in cash, $600,000 more than its asking price, in San Francisco, Wednesday, July 30, 2014. In the souped-up world of San Francisco real estate, where the median selling price for homes and condominiums hit seven figures for the first time last month, the cool million that would fetch a mansion on a few acres elsewhere will now barely cover the cost of an 800-square-foot starter home. (AP Photo/Jeff Chiu)

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