California is still home to several of America’s most expensive locales, though some parts of the New York Metro Area make the list, according to research compiled by overseas property broker Tranio.com.
The first two quarters of 2016 saw rather impressive growth in new and existing-home sales across much of the U.S. While so many may recall 90210 as America’s poshest community of Beverly Hills, Property Shark, Forbes, and Zillow all find that America’s most expensive ZIP codes also fall in the San Francisco Bay Area and New York Metro Area (see table below). The first of these sources examines only the median sale prices of homes, the second additionally considers the average number of days on the market, and the third applies its very own home value index (ZHVI), capable of capturing and accounting for the changing composition of properties sold in one time period versus another period. All of these sources use data from slightly different time periods, and Zillow provides the most current data (from June 30, 2016).
Here is a breakdown of the top five most expensive ZIP codes in the US, according to the data from Zillow* (including median sale price data from Property Shark).
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