Sunday, October 18, 2020


Today's Best Mansion:

#1    2955 East Valley Road, Santa Barbara, CA 93108 with 4 bedrooms, 10 baths and 10,674 listed for sale at $39,900,000 

The medium sale list price in Santa Barbara County is $1,150,000.  Most homes for sale stay on the market for 49 days and receive 2 offers.

The 100 Most Expensive Real Estate Markets Medium Values.

The town of Atherton, California, is nestled in Silicon Valley and is home to the most expensive homes in the U.S., with a median sales price of $7.1 million, according to data from real estate website Property Shark. That's up from the previous  year's $6.7 million home price when the tony suburb also topped the list.

Coming in at No. 2 is Sagaponack, New York, in the Hamptons on Long Island, a summertime playground for the rich in New York City. The median home sale price for this year is a relative bargain at $4.3 million, according to the Property Shark figures. 

Boston's Back Bay is the only neighborhood to make the 10 most expensive ZIP codes that isn't in California or New York, coming in sixth with a $3.7 million median home price for the 02199 area.

Some 91 California ZIP codes made the top 100 list, with San Francisco's Bay Area accounting for 51 of the pricey housing markets, according to Property Shark's data. Because of ties between some ZIP codes, 125 areas made the top 100 list, the researchers said in a blog post.

Towns and neighborhoods in just nine states other than New York and California made the list, including Arizona, Florida, Connecticut, Maryland, Nevada, New Jersey and Washington. New Hampshire's Rye Beach, on the New England state's tiny strip of Atlantic Ocean coastline, also made the list for the first time, with a median home sale price of $1.9 million. Another first-timer was the Red Hook/Carroll Gardens section of Brooklyn, New York, with a median home price of $1.45 million.

Researchers calculated median home prices by crunching data for sales between January 1 and November 5,  2019 for condominiums, co-ops, and single- and two-family homes in ZIP codes with at least three residential sales.