Business Week today reported on the newest Home Price Comparison Index (HPCI) from Coldwell Banker. The list is arranged by average home sales price for the given market. Incredibly, the difference between the least and most expensive markets is $1.67 Million!
The Least Expensive Housing Markets Are:
1. Minot, ND – $132,300
2. Killen, TX – $140,310
3. Arlington, TX – $140,975
4. Grayling, MI – $144,250
5. Topeka, KS – $148,050
6. Canton, OH – $148,333
7. Tulsa, OK – $148,575
8. Billings, MT – $150,141
9. Fort Worth, TX – $151,250
10. Cadillac, MI – $151,530
The Most Expensive Housing Markets Are:
1. Beverly Hills, CA – $1.8 million
2. Santa Monica, CA – $1,766,666
3. La Jolla, CA – $1,762,500
4. Santa Barbara, CA – $1,700,000
5. Palo Alto, CA – $1,652,042
6. Newport Beach, CA – $1,566,250
7. San Jose, CA – $1,410,662
8. Greenwich, CT – $1,403,750
9. San Mateo, CA – $1,366,139
10. San Francisco, CA – $1,363,750
Looks like Greenwich, Connecticut is the only uber expensive market outside California. For the full list, look at the full Home Price Comparison Index (HPCI)
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