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Report: LA County has some of the country’s hottest, priciest real estate

by The AV Times Staff • November 9, 2021

When it comes to the hottest, priciest real estate markets in the country, Los Angeles is at the top of the list.

Los Angeles County features 21 ZIP codes in the top 100 nationally for the most expensive real estate, according to a report from PropertyShark released Tuesday.

The report considered all residential transactions closed between Jan. 1 and Oct. 22, and included 127 ZIP codes.

Among the report’s findings:

— The country’s top 10 most expensive ZIP codes surpassed a median sales price of $4 million for the first time ever.

— Almost 30 of the 100 priciest ZIP codes in the country feature median prices higher than $3 million, more than twice as many as in 2020.

— California accounts for 70% of the priciest markets, and 37% of them are concentrated in the San Francisco Bay Area.

— Los Angeles County’s most expensive ZIP code is Beverly Hills’ 90210, ranking No. 6 nationally with median prices at $4.1 million.

— Los Angeles was ranked No. 2, tied with New York, with the highest number of expensive ZIP codes, with six ZIP codes ranked nationally.

According to the report, Santa Monica also ranked in the top 10 nationally, placing eighth overall with a median sales price of $4.058 million in the 90402 ZIP code. Orange County was also well represented on the list, with four ZIP codes landing in the top 20 — three in Newport Beach and one in Huntington Beach.

Topping the list nationally was the Atherton area in San Mateo county, with a median sales price of nearly $7.5 million.

The full report is available at https://www.propertyshark.com/Real- Estate-Reports/most-expensive-zip-codes-in-the-us

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Filed Under: Business, Los Angeles County

6 comments for "Report: LA County has some of the country’s hottest, priciest real estate"

  1. FatWhiteBob says

    November 12, 2021 at 6:14 am

    I am curious why some of my post have to wait for moderator approval and some do not.

    • Tim Scott says

      November 12, 2021 at 8:42 am

      Automatic placement in the moderation queue is generally triggered by keyword filters. Any use of profanity will trigger moderation, and then the site can add anything they want as additional triggers so any word typically used in name calling is probably added to the filters.

      I think there’s also some sort of algorithm monitoring length of posts and the time elapsed between them. That’s just observation though. I make long posts, and I post pretty fast, and I’ve noticed that gets me a lot of “awaiting moderation” notices.

  2. FatWhiteBob says

    November 12, 2021 at 6:13 am

    This isn’t necessarily a good thing. It’s directly related to the area being over populated. Any realtor that tells you the Eastside of Palmdale is a good place to raise your kids is wrong.

    • Tim Scott says

      November 12, 2021 at 4:10 pm

      Anybody who tries to tell you that location really matters in how your kids turn out is just giving you the green light you are seeking to not take responsibility yourself.

      • not buying it says

        November 13, 2021 at 7:13 pm

        I have no doubt that success is highly correlated to location. That’s why many people pay extra for their home to be located in the right school districts and away from crime and gang activity.

        • Tim Scott says

          November 13, 2021 at 8:30 pm

          Yeah…if you want to pass off the responsibility of raising your kids I suppose it’s a good idea to shop the resources.

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