In case you needed more proof that California is the most expensive place to buy a home in the United States, a new PropertyShark report of the top 127 most expensive zip codes indicates that the Golden State contains 90 of them. The San Francisco Bay Area town of Atherton remains the most expensive zip code in the country, with an average home selling price of $7.9 million.
In addition, of the top 10 most expensive zip codes in the U.S., California has seven of them: Two in the Bay Area, four in LA and Orange County, and one in San Diego. Regionally, The Bay Area is easily the most expensive metro area in the country, contributing 46 zips to the country’s priciest, while Los Angeles ranked #2 with 31, followed by New York’s 23.
PropertyShark also ranked counties with a high concentration of pricey zips, and again, California leads the way with LA County posting 21 of the top 128, followed by Santa Clara County’s 14 and San Mateo County and Orange County with 10 each.
Mark comes to ConnectCRE with an extensive background as a business and news reporter in San Francisco radio, as well as 35 years as a traffic reporter on several stations including KGO, KNBR, KCBS and KFRC. As a business reporter, Mark covered the tech world in Silicon Valley where he became familiar with real estate transactions in the hot Bay Area marketplace. He attended San Jose State University with a BA in Radio and TV Broadcasting and currently resides in the Lake Tahoe area where he gets to frequently enjoy all of his favorite activities: Golfing, Fishing, Hiking and Skiing.