This Is What The Ten Most Expensive Real Estate Markets Look Like

These are the prices of a four-bedroom, two-bath house. All data from the annual Coldwell Banker real estate home listing report.

The housing market is still heating up — 88% of United States real estate markets measured by the National Association of Realtors have seen the sale prices of single family homes rise over the year, and 33% have had double-digit percentage increases. And that has made the priciest housing markets even pricier.

According to an annual report released by Coldwell Banker that looks at four-bedroom, two-bathroom single family homes in more than 1,900 real estate markets, the most expensive markets are concentrated in Northern and Southern California while the most affordable are in the Rust Belt and the South. A four-bedroom, two-bath in Cleveland goes for $63,729 on average, for instance, while the same type home in Malibu, the most expensive residential real estate market, would set you back more than $2.1 million.

As always in real estate, it’s location, location, location: The expensive neighborhoods on the Southern California coast are some of the most desirable real estate in the world, while the the suburbs nestled around Silicon Valley contain the homes of some of the world’s richest people. A combination of space and a slow economy, on the other hand, has turned much of the Midwest and South into havens of affordability.

ID: 1924927

Here are the average listing prices for a four-bedroom, two-bathroom single family home in the 10 most expensive real estate markets in the country:

ID: 1924954

1. Malibu, Calif.: $2,155,900

Coldwell Banker
ID: 1922733

2. Newport Beach, Calif.: $1,773,824

Coldwell Banker
ID: 1922757

3. Saratoga, Calif.: $1,684,261

Coldwell Banker
ID: 1922778

4. Los Gatos, Calif.: $1,360,497

Coldwell Banker
ID: 1922825

5. San Francisco, Calif.: $1,309,599

Coldwell Banker
ID: 1922834

6. Stone Harbor, N.J.: $1,301,727

Coldwell Banker
ID: 1922844

7. Cupertino, Calif.: $1,292,400

Coldwell Banker
ID: 1922856

8. Orono, Minn.: $1,251,873

Coldwell Banker
ID: 1922933

9. Weston, Mass.: $1,229,000

Coldwell Banker
ID: 1922940

10. Redwood City, Calif.: $1,203,357

Coldwell Banker
ID: 1922950

And here are the top 20 most expensive and most affordable real estate markets according to the survey:

Coldwell Banker
ID: 1925000

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Matthew Zeitlin is a business reporter for BuzzFeed News and is based in New York. Zeitlin reports on Wall Street and big banks.
Contact Matthew Zeitlin at

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