California’s most expensive neighborhood
Beverly Hills ranked among America’s most expensive neighborhoods. It was the most expensive in the Golden State.
The report by real estate research tool PropertyShark also found that Los Angeles was the second-priciest metropolitan area, with 29 ZIP codes in the top 100 most expensive areas in the nation.
The study calculated median sale prices based on closed home sales, not asking prices.
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The nation’s most expensive ZIP code remained Atherton’s 94027. The Silicon Valley locale had an $8.3 million median sale price after a 5% year-over-year increase, according to PropertyShark.
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San Diego County’s Rancho Santa Fe maintained its position in the number 10 spot with a median sale price of $4.24 million, down just 1% over last year. The community — known for its gated estates and expansive, landscaped homes — first entered the top 10 last year, when its median grew 26% to reach $4.27 million, PropertyShark reported
