ve ZIP Codes In The County (2011 Edition) Posted: 04 Nov 2011 05:45 AM PDT In the housing market, amenities and location have as much to do with a home’s value as the everyday forces of supply-and-demand. Whereas the latter causes home values to rise and fall over time, the former creates a starting point for said values. Where you live — and the features of your home — determine your home’s price range. Naturally, homes in some areas are consistently higher-valued than homes in others. Using data compiled by real estate market data firm Altos Research, Forbes Magazine presents America’s 10 most expensive ZIP codes. California and the New York Metro area dominate the list. Alpine, NJ (07620) : $4,550,000 Atherton, CA (94027) : $4,295,000 Sagaponack, NY (11962) : $3.595,000 Hillsborough, CA (94010) : $3,499,000 Beverly Hills, CA (90210) : $3,469,891 New York, NY (10012) : $3,392,574 New York, NY (10013) : $3,317,962 Water Mill, NY (11976) : $3,300,000 Montecito, CA (93108) : $3,099,348 Old Westbury, NY (11568) : $3,095,000 In fact, of the top 50 most expensive ZIP codes, only 6 are located outside of California and New York regions. 3 are Colorado resort towns — Snowmass (81654), Aspen (81611) and Telluride (81435) — one is in Maryland, one is in Florida, and the last is in Washington State. Chicago-suburb Kenilworth (60043) is the top-ranked Midwest ZIP code. It placed 86th overall. The Forbes list may be interesting but, to home buyers or sellers in Mesa , it should not be the final word in home values. Real estate is a local market which means that — even within a given ZIP code — prices can vary based on street and neighborhood. Look past general data and get specific. Talk to your real estate agent for local market pricing. Subscribe to the comments for this post? |
The Most Expensive ZIP Codes In The County (2011 Edition) Posted: 04 Nov 2011 05:45 AM PDT In the housing market, amenities and location have as much to do with a home’s value as the everyday forces of supply-and-demand. Whereas the latter causes home values to rise and fall over time, the former creates a starting point for said values. Where you live — and the features of your home — determine your home’s price range. Naturally, homes in some areas are consistently higher-valued than homes in others. Using data compiled by real estate market data firm Altos Research, Forbes Magazine presents America’s 10 most expensive ZIP codes. California and the New York Metro area dominate the list. Alpine, NJ (07620) : $4,550,000 Atherton, CA (94027) : $4,295,000 Sagaponack, NY (11962) : $3.595,000 Hillsborough, CA (94010) : $3,499,000 Beverly Hills, CA (90210) : $3,469,891 New York, NY (10012) : $3,392,574 New York, NY (10013) : $3,317,962 Water Mill, NY (11976) : $3,300,000 Montecito, CA (93108) : $3,099,348 Old Westbury, NY (11568) : $3,095,000 In fact, of the top 50 most expensive ZIP codes, only 6 are located outside of California and New York regions. 3 are Colorado resort towns — Snowmass (81654), Aspen (81611) and Telluride (81435) — one is in Maryland, one is in Florida, and the last is in Washington State. Chicago-suburb Kenilworth (60043) is the top-ranked Midwest ZIP code. It placed 86th overall. The Forbes list may be interesting but, to home buyers or sellers in Mesa , it should not be the final word in home values. Real estate is a local market which means that — even within a given ZIP code — prices can vary based on street and neighborhood. Look past general data and get specific. Talk to your real estate agent for local market pricing. Thank you to Mark Taylor for the information you can reach Mark@awesomerates.com ABetter Realty.Net 480-655-0904 1-888-456-4097
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