Most Expensive U.S. Housing Markets 2010: Coldwell Banker Report

Plans to relocate to California? The state dominates as the most expensive housing markets in America, according to a new report by Coldwell Banker.

Coldwell Banker's latest annual report surveyed regional prices for four-bedroom, two-bathroom homes across the country. Up from the number eight spot last year, Newport Beach, California takes the lead as the most expensive city in America with the average home price of $1,826,348. Boston and Beverly Hills both fell out of the top 10. (You can see last year's list here.)

Check out the most expensive real estate markets in America -- or check out Coldwell Banker's full data:

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#10 Santa Barbara, California

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Average home price: $1,024,661

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Average home price: $1,024,661

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Worth It Overvalued

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Comments

[jho austin]

07:01 PM on 10/25/2010

Happy as a clam being middle class. Simpler.

[bps]

08:52 AM on 10/25/2010

Do we know if these are listing prices or median sold prices? It makes a difference HP. Take Naples, Florida, for example. Average list price in zip code 34102, which is the old city proper, is $1,903,657 but the median sales price is $756,500.

http://www.trulia.com/real_estate/34102-Naples/

[Wendell Soliven]

03:54 AM on 10/25/2010

I used to go to college with a guy from this area. He didn't act very spoiled like any privelege like in California.

[imonlyhereforthelaughs]

10:19 AM on 10/25/2010

Stop commenting...you're doing it wrong.

[Wendell Soliven]

03:50 AM on 10/25/2010

I know this area is very "BOURGEOUISE" when I saw the area.

[Wendell Soliven]

03:48 AM on 10/25/2010

I'd been living here for the last 12 years. This is no surprise for me.

[munki]

03:44 PM on 10/24/2010

article neglects to include not only state personal, business income taxes, but also... all other fees that is not made as part of state... but county, city and other fees.... not as taxes!!!

My CA utility costs is 80 but total 0ther fees is 200!!!!

[USA Jock]

01:33 PM on 10/24/2010

The stratospherically rising housing prices in California along with the state's dire fiscal situation will make the stifling prop 13 an easy target in the not so distant future. California homeowners will be paying much higher property taxes and/or fees. That once coveted retirement windfall nest egg of a home is about to become a lot less so.

[jozzie]

05:52 PM on 10/23/2010

Bev. Hills fell from #2 last year to off the list this year? I don't think so. Nothing has changed around here. Don't believe this list. Ridiculous.

[WiltonDiary]

02:34 PM on 10/25/2010

Just because you live in Beverly Hills doesn't make it so!

[Turquoise66]

07:26 PM on 10/21/2010

I would love to move to San Francisco. It's like the prefect city! But I can't afford to even rent there. So now I'm considering moving to Chicago after college.

[chasmader]

09:30 AM on 10/22/2010

What you pay in heating in Chicago will more than make up the difference in rent.

[munki]

03:45 PM on 10/24/2010

if you have money, try it as I had to give up going back to where I am from... SF

[rahgolf]

01:24 PM on 10/21/2010

Not bad 'cept for the quakes!

[Hysterian68]

12:34 AM on 10/21/2010

New York City commercial real estate has plummeting prices and still they're building 1000 or more foot office buildings. Reminds me of Miami still building thousands of condos as the ground beneath those projects started to shake, due to declining customer interest and declining customer interest. The builders had been warned, but still they continued to build.

These cities and others will need foreign buyers because interest here in the US is zilch. Let's hope asian , mideast, and europeans continue to have a love affair with U.S. luxury properties.

[teva]

10:15 PM on 10/20/2010

What happened to Stone Harbor, NJ?

[davidhilton1]

12:48 AM on 10/21/2010

... or Rancho Santa Fe California?

[liveordie]

09:31 PM on 10/20/2010

The New Port Beach picture was the most intrusive. That glaring monster on the hillside was too much.

[MorningSmile777]

06:28 PM on 10/20/2010

Darn...we should have brought a house in Palo Alto in the 80's when we had a chance...talk about a missed opportunity!!!

[Piglet2]

06:23 PM on 10/20/2010

Doesn't Oprah have homes in half those cities?

[Edward Nikolas Anthony]

03:06 AM on 10/21/2010

No. You are mistaken. She owns half those cities. :-)