Wednesday, August 6, 2014

The 10 Most Expensive Zip Codes in Los Angeles County

ZipRealty has released a new study on the most expensive zip codes in Los Angeles County. Zip codes in Santa Monica, Pacific Palisades and San Marino are the most expensive as the first half of 2014 came to a close. The median home sales price in zip code 90402 was $3.7 million, followed by 90272, where the median price was $2.4 million, and 91108, where the median price was $1.9 million.

The median price in Los Angeles County increased 6% year-over-year at the end of June to $459,000. In the 23 metros surveyed by ZipRealty in its June 30 Housing Trends Report, the median price was $298,000, representing overall growth of 6.6%. 

“Los Angeles home prices remain healthy relative to the rest of the country,” said ZipRealty CEO Lanny Baker. “Sellers are achieving full asking prices for the homes they put on the market, according to our report. As of June 30, the sold-to-list-price ratio in the Los Angeles metro area was 100%, compared to 98.9% for the 23 metros we survey.”

Here’s a list of the most expensive zip codes in Los Angeles County as of June 30:
Zip Code
Neighborhood
Median Home
 Sales Price
Year-Over-Year
Home Price Growth
  
June 2013
June 2014
 
90402
Santa Monica
$3,230,000
$3,700,000
15%
90272
Pacific Palisades
$1,750,000
$2,375,000
36%
91108
San Marino
$1,850,000
$1,943,000
5%
90266
Manhattan Beach
$1,630,000
$1,887,500
16%
90265
Malibu
$1,800,000
$1,830,000
2%
90049
Brentwood, Bel Air
$1,500,000
$1,675,000
12%
90210
Beverly Hills
$2,090,000
$1,580,000
-24%
90291
Venice
$1,290,000
$1,485,000
15%
90254
Hermosa Beach
$1,205,000
$1,380,000
15%
90004
Greater Wilshire
$878,850
$1,359,500
55%

No comments:

Post a Comment