Market overview
The contract settles on the listed range containing the median home value in the SF Metro area on December 31.
The available value bands are <$1.062M, $1.062M - $1.083M, $1.083M - $1.104M, $1.104M - $1.125M, $1.125M - $1.146M, $1.146M - $1.165M, and $1.165M+.
The exact metric, reference period, source, rounding method, and treatment of range boundaries are documented in the Resolution Rules below.