It’s home to tech billionaires and sports superstars. So it may come as no surprise that this Bay Area enclave has claimed the highest home prices in the nation for his sixth year in a row.
Atherton takes top spot again for real estate data firm PropertyShark List of Most Expensive Postal CodesWhat’s the median single-family home price in an exclusive San Mateo County town? A cool $7.9 million.
Marin County suburban Ross came in third with a median price of $5.5 million.
According to PropertyShark’s list, the Bay Area is the nation’s most expensive metropolitan area, containing 46 of the nation’s 128 most expensive zip codes. Most of them are in the Silicon Valley area. Bay Area Top Zips span the counties of Santa Clara (14), San Mateo (10), Marin (8), Contra Costa (6), and San Francisco (5). ) and Alameda (3).
The Bay Area zip codes in the top 25 are:
- Atherton’s 94027 is #1 ($7.9 million)
- 94957 ($5.5 million) for Ross in 3rd place
- 94022 Los Altos Hills* #11 ($4.25 million)
- 94028 in Portola Valley ranked 12th ($4.13 million)
- 94024 13th place in Los Altos ($4.1 million)
- 95070 #19 in Saratoga ($3.64 million)
- 94301 in Palo Alto is #20 ($3.6 million)
- 94,970 ($3.53 million) in Stinson Beach, No. 21
- #22 at 94010 in Hillsboro ($3.525 million)
- Diablo’s 94528, #24 ($3.4 million)
* Includes part of Los Altos
Atherton — home of billionaire venture capitalist Marc Andreessen and Golden State Warriors star Stephen Curry — became national news This year, several tech residents, including Andreessen, vehemently opposed allowing townhomes to be built to meet the town’s state-mandated housing plans. They may end up in a “fight” with the state To keep Atherton almost completely zoned for single family homes.
Prices in Atherton and other affluent zip codes are trending higher, even as home prices have started to fall in most of the Bay Area in recent months. Median home prices in Atherton are up 6% from a year ago, while those in Ross are up 20%, according to PropertyShark.
throughout the Bay Area Home prices fell 2% in Octoberaccording to California Real Estate Association data.
Real Estate Agents Association economist Oscar Wei said the discrepancy could be due to the following reasons: rising interest rates – Current about 6.6% For a typical mortgage, the cost of taking out a mortgage is higher, and “buyers with lower incomes tend to be affected more than those with higher incomes”.
Other most expensive zip codes in the PropertyShark report include 11962 in Southampton, New York, which ranks second with a median of $5.75 million. 33109 in Miami Beach, Florida reached number three with $5.5 million. World-famous Beverly Hills 90210 took fourth place with $5.12 million.