
Bay Area’s own Redwood City is one of America’s priciest housing markets.
If you’re looking for some of the most desirable and expensive properties on the market, head west.
nine of the 10 most expensive housing markets in the US are in California, and the Bay Area dominated, thanks to the success of tech companies located nearby.
The Home Listing Report compare the cost of a four-bedroom, two-bathroom home in nearly 2,000 markets, analyzing more than 51,000 homes. It found that the average home in the country’s most expensive market costs six times the national average listing price of $295,317.
20. Westport, Connecticut
Average Listing Price: $923,422
State Average: $423,117
Westport, on the Long Island Sound, has a reputation for its excellent school system and is know for its proximity to New York City.
It was the 24th most expensive housing market in 2013.
19. Greenwich, Connecticut
Average Listing Price: $923,690
State Average: $423,117
Affluent Greenwich, also on the Long Island Sound, is one of the wealthiest towns in America. Residents include Paul Tudor Jones, Ray Dalio, and Sandy Weill.
It was the 15th most expensive housing market in 2013.
18. Cohasset, Massachusetts
Average Listing Price: $923,889
State Average: $577,080
Cohasset, outside of Boston, is on the corner of the South Shore and has several beaches and a yacht club.
It was not one of the 25 most expensive housing markets in 2013.
16. Winnetka, Illinois
Average Listing Price: $933,182
State Average: $302,061
Winnetka, on the North Shore outside Chicago, is an affluent suburban town known for its excellent schools.
It was not one of the 25 most expensive housing markets in 2013.
15. Orono/Medina, Minnesota
Average Listing Price: $995,244
State Average: $419,310
Orono is a wealthy city on the northern shores of Lake Minnetonka. Combined with nearby Medina, it has a population of just over 12,000.
It was the 8th most expensive housing market in 2013.