COLDWELL BANKER has published a Home Price Comparison Index (HPCI) and according to their report, California is home to 8 of the 10 most expensive housing markets in America and La Jolla tops the list.
The annual Coldwell Banker Housing Price Comparison Index (HPCI), which first launched in the late 1980s, provides a comparison of similar 2,200 square foot, 4 bedrooms, 2 1/2 bath homes in 315 markets across the United States, in addition to Puerto Rico, Canada and a sampling of countries/territories outside of North America where Coldwell Banker has a presence.
Here are your "Top 10 Most Expensive", along with their average sales price:
- La Jolla, CA: $1,841,667
- Greenwich, Conn: $1,787,000
- Beverly Hills, CA: $1,777,475
- Palo Alto, CA: $1,740,333
- Santa Monica, CA: $1, 653,333
- Santa Barbara, CA: $1,599,667
- Newport Beach, CA: $1,546,250
- San Francisco, CA: $1,513,181
- Boston, Mass: $1,493,750
- San Mateo, CA: $1,366,475
Here are the "Top 10 Most Affordable", along with their average sales price:
- Sioux City, IA: $133,459
- Jackson, MICH: $134,325
- Akron, OH: $135,780
- Canton, OH: $139,667
- Grayling, MICH: $141,000
- Minot, N.D.: $142,000
- Arlington, TX: $143,775
- Muncie, IN: $144,250
- Killeen, TX: $145,812
- Eau Claire, WI: $147,300
If you are interested in searching for homes in La Jolla, researching the current value of your home, viewing our La Jolla real estate website, or learning more about the current housing market, give us a call at (858) 245-9905.
Copyright © 2008 Susan Laxson. All Rights Reserved. "La Jolla Tops the Coldwell Banker List of Most Expensive Homes in the Nation". Information from sources deemed reliable, but not guaranteed.
To view any La Jolla, California home for sale or rent, contact us anytime at 760-567-9100 or visit our La Jolla Real Estate website to learn more about La Jolla and its developments.
Want to learn more about what's happening in La Jolla, CA? Join La Jolla News on Facebook!
Copyright © 2008 - 2010 Susan Laxson. All Rights Reserved. Information from sources deemed reliable, but not guaranteed.
I've visited all 20 of the cities on the list! Yahoooooooo! I do a lot of home inspections in La Jolla each year, and have done inspections in the other Southern California cities on the list: Beverly Hills, Santa Monica, Santa Barbara, and Newport Beach. The other cities are outside of my Southern California service area.
You must like to travel! I usually give my clients three choices of local home inspectors. I don't think I have ever heard of a home inspector who goes to other cities... interesting.