Guess where the priciest place to live is

This state dominates the top 100 most expensive zip codes in the country

TRD New York TRD WEEKEND EDITION /
Jan.January 20, 2018 10:36 AM

(Credi:t Marilyn Monroe in The Asphalt Jungle (1950); Max Pixel, back photo)

When U.S. property is ranked according to price by zip code, California dominates the top 100 most expensive areas to live.

The state is home to 77 of the priciest places to live according to the Los Angeles Times, with New York coming in second with a measly 19 out of 100. The data, analyzed by Property Shark, determine the ranking based on residential deals last year, which includes all types of homes from multifamily to single-family.

California’s top three zip codes were 94027 (Atherton, CA) near Silicon Valley with homes selling for a median price of almost $5 million; 90210 (Beverly Hills) going for about $3.8 million; and 90402 (Santa Monica) at just over $3.5 million.

Within Los Angeles alone, there are 18 zip codes that all made the list include Malibu, Venice, the Palos Verdes Peninsula and Hermosa Beach.

Considering the results, real estate agents all predict homes prices will continue their upward trajectory, though some speculate the rate of increases may slow.

“Prices have been growing in double digits for several years now,” Tami Pardee, CEO of Halton Pardee + Partners, told the Times. “We expect that to drop to single digits.” Others predict comparatively cheaper areas in the state, typically inland, will see big growth. [LAT] — Erin Hudson


Related Articles

arrow_forward_ios
Gov. Andrew Cuomo with Judge Lawrence Marks and Judge Daniele Chinea (Getty, Linkedin, iStock)

Flip-flop on eviction ban extension highlights state’s chaotic response

Flip-flop on eviction ban extension highlights state’s chaotic response
Nelson Rockefeller and 812 Fifth Avenue Photos via Getty; StreetEasy; Google Maps)

Fifth Ave co-op owned by Rockefeller family hits market

Fifth Ave co-op owned by Rockefeller family hits market
Joe Jonas and Sophie Turner with 199 Mott Street (Getty; Modlin Group)

Joe Jonas and Sophie Turner list NYC pied-à-terre for $5.9M

Joe Jonas and Sophie Turner list NYC pied-à-terre for $5.9M
A million homeowners haven’t requested forbearance on their mortgages — and are now at risk for foreclosure and eviction. (iStock)

1M struggling homeowners didn’t request forbearance. Now what?

1M struggling homeowners didn’t request forbearance. Now what?
(iStock)

Landlords lost about $9B in rental payments last quarter: report

Landlords lost about $9B in rental payments last quarter: report
Jennifer Lopez and Alex Rodriguez with their Malibu beach house (Getty; Courtesy Compass)

J-Lo and A-Rod part ways with Malibu “fixer-upper” for $6.8M

J-Lo and A-Rod part ways with Malibu “fixer-upper” for $6.8M
State Sens. James Gaughran, Brian Kavanagh and Kevin Thomas (NY Gov; Getty)

State Senate hearing confronts racial bias by brokers

State Senate hearing confronts racial bias by brokers
State Sen. Julia Salazar, Barbara Corcoran and Gov. Andrew Cuomo (Getty)

State says Barbara Corcoran is on board with broker-fee ban

State says Barbara Corcoran is on board with broker-fee ban
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...