Wednesday, August 24, 2011

Housing Slump? Not in These Markets!

Home prices may be sluggish in some areas of the country but not every city is seeing a sag in prices. California cities overwhelmingly dominated the list of priciest median home prices, based off CNNMoney’s “Best Places” list. Here are the top 10 cities that made the list, factoring in the highest median home prices from 2010.
1. Hillsborough, Calif.: $2,277,500
2. Los Altos Hills, Calif.: $2,273,250
3. Montecito, Calif.: $1,864,000
4. Beverly Hills, Calif.: $1,595,000
5. San Marino, Calif.: $1,560,000
6. Tiburon, Calif.: $1,425,000
7. Los Altos, Calif.: $1,422,500
8. Manhattan Beach, Calif.: $1,360,000
9. Saratoga, Calif.: $1,349,000
10. Palos Verdes Estates, Calif.: $1,339,927

Source: “Best Places to Live 2011: Top 25 Pricey Homes,” CNNMoney (August 2011)

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