Apr 10

Hottest Luxury ZIP Codes in the Nation

Hottest Luxury ZIP Codes in the Nation

Hottest Luxury ZIP Codes in the Nation

Hottest Luxury ZIP Codes in the Nation

 

Median prices for luxury homes in the Santa Monica, Calif., ZIP code of 90401 have surged 60.7 percent over the last year, making it the hottest high-end ZIP code in the country, according to a new analysis by realtor.com®. The site’s researchers culled housing data from April 2016 through March 2017 for more than 600 ZIP codes where median list prices are above $1 million. They compared that 12-month period to the previous year to identify the ZIP codes with the largest median price increases. (Note: Researchers limited their list to two ZIP codes per state for geographic diversity.) The hottest luxury ZIP codes are:

1. Santa Monica, Calif.: 90401

  • Median list price: $3,045,000
  • Percentage increase in median home prices: 60.7

2. West Newton, Mass.: 02465

  • Median list price: $2,219,000
  • Percentage increase in median home prices: 60.4

3. Palo Alto, Calif.: 94301

  • Median list price: $5,599,000
  • Percentage increase in median home prices: 59.1

4. Kattskill Bay, N.Y.: 12844

  • Median list price: $2,365,000
  • Percentage increase in median home prices: 42.7

5. Seattle: 98101

  • Median list price: $1,475,000
  • Percentage increase in median home prices: 42.1

6. Bellevue, Wash.: 98005

  • Median list price: $1,480,000
  • Percentage increase in median home prices: 41.5

7. New York: 10002

  • Median list price: $1,806,000
  • Percentage increase in median home prices: 39

Source: “Luxury Liftoff? The 10 Ritzy Regions Where Home Prices Are Soaring the Highest,” realtor.com® (April 9, 2018)

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