Newport Beach, Calif., topped the list of most expensive U.S. real estate markets for the second year in a row, according to Coldwell Banker, with an average home listing price of approximately $2.5 million for property listings meeting the subject home criteria.
Coldwell Banker Real Estate’s Home Listing Report (HLR) compiles information on real estate data from around the U.S. and Canada for homebuyers and sellers. The report then provides the average home listing price of four-bedroom, two-bathroom properties on the Coldwell Banker website that were listed between September 2010 and March 2011 from more than 2,300 North American markets.
Out of the ten most expensive real estate markets, six come from California.
The top ten most expensive markets are:
For more information: http://hlr.coldwellbanker.com/PressRelease.html