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Most Expensive Zip Codes and Real Estate 2006
Newport Beach in the Most Expensive ZIP Codes 2006 – California dominates.
Forbes has long been recognized for it’s lists… this one is about the highest median priced homes by zip code.
Real Estate values have gone sky high expensive in some places. I was recently told by a neighbor here in Newport Beach that we had the most expensive real estate per square foot in the USA… Being the curious type I decided to snoop around and see if that claim was true.
While I have not yet found info with COST PER SQUARE FOOT I did find Newport Beach, California and it’s 2 zip codes to be in the top ten (#3 and #9) Believe it or not Beverly Hills did not even make the top 10, coming in at #22.
So what does all this mean? Well, if you live in one of those places it confirms why we love where we live and points out the demand is high and others too feel that way.
If you don’t live in one of those top zip codes, well, I suspect you may be thinking how crazy we are to live somewhere that expensive. But hey, it’s all about supply and demand and it’s clear that 2 states dominate.
California has 13 top zip codes
New York has 8 zip codes
New Jersey has 2
Nevada 1
Florida 1
Full article is at: Forbes.com
Rank ZIP Code Location County State 2005 Median Sale Price ($)
1 11962 Sagaponack Suffolk NY 2,787,500
2 92067 Rancho Santa Fe San Diego CA 2,445,000
3 92662 Newport Beach Orange CA 2,397,500
4 94528 Diablo Contra Costa CA 2,266,000
5 94957 Ross Marin CA 2,247,500
6 11976 Water Mill Suffolk NY 2,150,000
7 93108 Santa Barbara Santa Barbara CA 2,050,000
8 90402 Santa Monica Los Angeles CA 2,005,000
9 92661 Newport Beach Orange CA 1,996,500
10 33109 Miami Beach Miami-Dade FL 1,942,500
11 11765 Mill Neck Nassau NY 1,900,000
12 10013 New York New York NY 1,875,000
13 10577 Purchase Westchester NY 1,850,000
14 92657 Newport Coast Orange CA 1,806,250
15 07620 Alpine Bergen NJ 1,790,000
16 11568 Old Westbury Nassau NY 1,785,000
17 94027 Atherton San Mateo CA 1,738,000
18 94920 Belvedere Tiburon Marin CA 1,680,000
19 10007 New York New York NY 1,675,000
20 89413 Glenbrook Douglas NV 1,610,000
21 94028 Portola Valley San Mateo CA 1,600,000
22 90210 Beverly Hills Los Angeles CA 1,597,500
23 07976 New Vernon Morris NJ 1,596,587
24 92625 Corona del Mar Orange CA 1,593,250
25 11932 Bridgehampton Suffolk NY 1,568,750
Data source: forbes.com – list of their lists at:
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Pingback by Realtor’s Sales Dream #1: The Top 10 Zip Codes And Real Estate « DeansGuide — April 20, 2008 @ 10:29 am
Interesting that the areas on the penninsula in the Bay Area of California like Hillsboro were not on the list.
Comment by Bob — March 2, 2009 @ 11:45 pm
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Wow! Thanks for the posts. I’m surprised some places don’t have many zip codes like Nevada and Florida. Amazing!
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