COLDWELL BANKER has published a Home Price Comparison Index (HPCI) and according to their report, California is home to 8 of the 10 most expensive housing markets in America and La Jolla tops the list. 

The annual Coldwell Banker Housing Price Comparison Index (HPCI), which first launched in the late 1980s, provides a comparison of similar 2,200 square foot, 4 bedrooms, 2 1/2 bath homes in 315 markets across the United States, in addition to Puerto Rico, Canada and a sampling of countries/territories outside of North America where Coldwell Banker has a presence.

Here are your "Top 10 Most Expensive", along with their average sales price:

1. La Jolla, CA: $1,841,667
2. Greenwich, Conn: $1,787,000
3. Beverly Hills, CA: $1,777,475
4. Palo Alto, CA: $1,740,333
5. Santa Monica, CA: $1, 653,333
6. Santa Barbara, CA: $1,599,667
7. Newport Beach, CA: $1,546,250
8. San Francisco, CA: $1,513,181
9. Boston, Mass: $1,493,750
10. San Mateo, CA: $1,366,475

Here are the "Top 10 Most Affordable", along with their average sales price:

1. Sioux City, IA:  $133,459
2. Jackson, MICH:  $134,325
3. Akron, OH:  $135,780
4. Canton, OH:  $139,667
5. Grayling, MICH:  $141,000
6. Minot, N.D.:  $142,000
7. Arlington, TX:  $143,775
8. Muncie, IN:  $144,250
9. Killeen, TX:  $145,812
10. Eau Claire, WI:  $147,300

If you are interested in searching for homes in La Jolla, researching the current value of your home, viewing our La Jolla real estate website, or learning more about the current housing market, give us a call at (858) 245-9905. 

Copyright © 2008 Susan Laxson. All Rights Reserved. "La Jolla Tops the Coldwell Banker List of Most Expensive Homes in the Nation".  Information from sources deemed reliable, but not guaranteed.