Millionaire’s Row: How Did Facebook’s IPO Affect Silicon Valley Real Estate?
Facebook’s stock price may be fizzling, but the Silicon Valley housing market is sizzling – in part due to the influx of new wealth from recent tech IPOs like Zynga, LinkedIn and Yelp.
To illustrate the Valley’s real estate boom, we here at Zillow along with the creative minds at Visual.ly created an infographic highlighting the median home values in Facebook’s hometown, Menlo Park, and the surrounding cities, the rise in the percent of million dollar listings during the 3+ month time period between the IPO filing and IPO (it nearly doubled in FB’s hometown!), and fun facts comparing how many Menlo Park homes you can get for $1M around the country.
For a copy of the graphic, email email@example.com or right click on the image and save it to your computer.