25 most expensive zip codes

Forbes ^ | 5-7-05

[Dan from Michigan]

1. 94027 - Atherton, California - Median home price - $2496553

2. 93108 - Montecito, California - $21706251

3. 92067 - Rancho Santa Fe, California - $2144454
4. 92662 - Newport Beach, California - $2046557
5. 11765 - Millneck, New York - $1948636
6. 94957 - Ross, California - $1910263
7. 89402 - Crystal Bay, Nevada - $1806962
8. 07620 - Alpine, New Jersey - $1773880
9. 89413 - Glenbrook, Nevada - $1765000
10. 07976 - New Vernon, New Jersey - 1760000
11. 11568 - Old Westbury, New York - 1759206
12. 90402 - Santa Monica, California - 1749834
13. 10013 - Tribeca(NYC), New York - 1635000
14. 21056 - Gibson Island, Maryland - 1626000
15. 90210 - Beverly Hills, California - 1582886
16. 06831 - Greenwich, Connecticutt - 1573775
17. 33109 - Fisher Island, Florida - 1505665
18. 94528 - Diablo, California - 1452500
19. 94920 - Belvedere Tiburon, California - 1421336
20. 94022 - Los Altos, California - 1392522
21. 92657 - Newport Coast, California - 1391710
22. Not listed
23. 94946 - Nicasio, Califonia - 1370000
24. 06878 - Riverside in Greenwich Connecticutt - 1348653
25. 90272 - Pacific Palisades, California - 1329856

[Dan from Michigan]

Click on the link for details, it's a slideshow.

[cyborg]

I went to school in Old Westbury... very errrmmmm upper class. I don't see 11550 in there, a real salt of 'merica place with the outrageous property taxes *LOL*

[Tall_Texan]

22. Not listed

Chappequa, NY maybe?

[daffyduct]

I wonder why in Topeka Kansas we get stuck with 666__ ?

[NEBUCHADNEZZAR1961]

Please, Santa Monica is a dump, overrun with junkies and the homeless, compared to beautiful Pacific Palisades.

[Jewelsetter]

No wonder all the kalifornians are moving to Nevada.

[wizr]

Back in the 70's, I had a house in Costa Mesa. We could see Catalina Island from our back yard. I called it the 'slums of Newport Beach'. Paid $19,500 for it. Sold it for $32,000. Oh, well.

[GSlob]

"2. 93108 - Montecito, California - $21706251"
Something wrong here. #2 is at $21M, while #1 is only at $2.5M. A typo somewhere?

[Dan from Michigan]

Typo was mine.

[LdSentinal]

No zip codes in the South Bronx?

[sourcery]

23. 94946 - Nicasio, Califonia - 1370000

Skywalker Ranch neighborhood

[river rat]

Bought my current home in 77 for $87.5K, here in the South Bay Area of Kalifornicate.

Smaller, less well maintained homes on this block have been selling for over $800K...

It's nuts...
I couldn't qualify to buy my own home!

Semper Fi

[South40]

No wonder all the kalifornians are moving to Nevada.

Not all of us. I've made a great living building high-end homes in 4 of the 25 ZIPs (Newport, Santa Monica, Beverly Hills & Rancho Santa Fe).

[expatpat]

I have a home in Not Listed, but it's nowhere near as expensive as the median.

[crz]

I'll sell my home and ten acres for 290 grand and be happy to get it! Trout stream running through to boot. Rural also.

[applpie]

Why median price??

[JasonC]

Medians are a better representative of the typical figure than a mean, whenever there are a few outliers very far to one side of the mean. In this case, prices don't extend to zero but do extend arbitrarily high, into the $10-30 million range for a tiny number of large estates. If you take a mean, those pull the overall average higher, by significant amounts. If you take the median, you "strike off" one of those for one low priced house, proceed from each end - and wide up with a typical house price, unskewed by the high outliers. That all means, incidentally, that these $1-2 million figures in the highest cases, are not the result of a few big houses pulling the average up. The typical place goes for that much.

[scott says]

6 zip codes starting with 94, 3 starting with 949, Should we feel "special" ? [sar.}

[I still care]

"I went to school in Old Westbury... very errrmmmm upper class"

Me too. I used to drive along Post Rd. during breaks between class with a friend and we would look at all the beautiful real estate. There was a mansion that kept a burro in the front yard, we used to drive by there and look for it.

[Myrddin]

My son (the San Diego real estate agent) just visited the house across the street from my mom's place. The owner wants to see his 1500 sq ft, 3 BR, 2 BA with double garage on under .25 acres. The house originally sold for $16,000 in 1962 about the time we moved in to our house. The asking price is $530,000. My son could bring him a qualified buyer tomorrow. He's griping about the sales commission (1% to listing agent, 2% to selling agent). It is a median priced house in the current market.