According to data extracted from ColdwellBanker’s 2015 listing report, the 5 most expensive housing markets are in California and the 5 most affordable find themselves on the other side of the country. Their annual report also includes market data for more than 2,700 real estate markets nationwide, analyzing more than 81k similar-sized four-bedroom, two-bathroom homes. The report includes rankings of the most expensive and affordable markets in all 50 states.
Highlights:
Most Expensive:
- 1. Newport Beach, California. Average listing price: $2,291,764
- 2. Palo Alto, California. Average listing price: $2,066,600
- 3. Saratoga, California. Average listing price: $1,979,218
- 4. Cupertino, California. Average listing price: $1,659,297
- 5. Los Gatos, California. Average listing price: $1,569,615
Most Affordable:
- 1. Cleveland, Ohio. Average listing price: $74,502
- 2. Riverdale, Georgia. Average listing price: $79,223
- 3. Wilkes-Barre, Pennsylvania. Average listing price: $79,480
- 4. Detroit, Michigan. Average listing price: $81,616
- 5. Alma, Michigan. Average listing price: $90,523
Click here to see the full report.
