When you think of high-priced homes most people will think of California -- with good reason. Five of the top 10 highest-priced markets for existing single-family homes are in the Golden State.10 highest priced home marketsRankMetropolitan statistical areaMedian price1San Jose-Sunnyvale-Santa Clara, Calif.$775,0002San Francisco-Oakland-Fremont, Calif.$736,8003Anaheim-Santa Ana-Irvine, Calif.$709,0004Honolulu$630,0005San Diego-Carlsbad-San Marcos, Calif.$601,8006Los Angeles-Long Beach, Calif.$584,8007New York-Westchester County, N.Y.$537,8008Nassau-Suffolk counties, N.Y.$474,7009Bridgeport-Stamford-Norwalk, Conn.$473,70010Northern New Jersey$469,500Note: List of markets based on data contained in a February 2007 report by the National Association of Realtors. Some overlapping geographic areas have been removed.
When you think of high-priced homes most people will think of California -- with good reason. Five of the top 10 highest-priced markets for existing single-family homes are in the Golden State.
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