City Slips to 36th Place in Nation’s Most Expensive Real Estate

Real estate analysis website PropertyShark ranked San Marino ZIP code 91108 as the nation’s 36th most expensive for residential sales in 2018, representing another slip despite a median sale price north of $2 million for the year.
At a median sale price of $2,109,000, San Marino’s ZIP code checked in as the seventh most expensive in Los Angeles County as well; the county had 19 make the Top 100 nationwide. The zip code also ranked 27th out of California’s 82 cities in the Top 100.
The city’s real estate prices dipped from last year, having had a median sale price of $2,150,000 in 2017. It’s also lower than its 2016 median sale price of $2,128,500. The ZIP code also has been slipping slightly in its national rankings, having been No. 30 in 2016 and No. 35 in 2017.
The San Mateo County city of Atherton maintained its crown in 2018, posting a whopping $6,700,000 median sale price this year after checking in with a median of $4.95 million last year. Atherton was one of 30 Silicon Valley ZIP codes to crack the Top 100 list this year.
Coming in at the bottom of the Top 100 list was Short Hills, New Jersey, with a median price of $1,426,250 this year.
In preparing this list, PropertyShark considered all transactions in 2018 for condos, co-ops and single- and two-family homes. Although the list compiles the Top 100 prices, there were
117 ZIP codes listed because numerous cities tied this year.
Other Los Angeles County ZIP codes joining 91108 this year included 90402 (Santa Monica, with a median price of $3,762,000), 90210 (Beverly Hills, $3,212,500), 90272 (Pacific Palisades, $2,900,000), 90266 (Manhattan Beach, $2,369,000), 90049 (Brentwood, $2,250,000), 90077 (Bel Air, $2,175,000) and 90265 (Malibu, $2,100,000).

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