Juicy Estates: Mortgage Blog

10 Most Expensive Zip Codes….So Close To Home

Toping the list this year is our own Fisher Island.  The exclusive island which was once the winter home of William K. Vanderbilt offers a median sales price of a mouth watering $3.85 Million.  The Vanderbilt Mansion remains on the island as the center piece of a community of luxury condominiums that offer every amenity that the most discriminating buyer could want.   Notabley California delivers half of the zip codes included in the top 10 even though they have experienced some of the most dramatic drops in property values.

 

The top 10 zip codes in the United States courtesy of Forbes Magazine are as follows:

1. 33109 – Fisher Island, Fla., Miami-Dade County Median sales price: $3.85 million
2. 07620 – Alpine, N.J., Bergen County Median sales price: $3.59 million
3. 11765 – Mill Neck, N.Y., Nassau County Median sales price: $3 million
4. 92657 – Newport Coast, Calif.  Orange County Median sales price: $2.8 million
5. 11976 – Water Mill, N.Y.  Suffolk County Median sales price: $2.72 million
6. 94027 – Atherton, Calif.  San Mateo County Median home price: $2.7 million
7. 93108 – Santa Barbara, Calif. , Santa Barbara County Median home price: $2.7 million
8. 11975 – Wainscott, N.Y.  Suffolk County Median home price: $2.56 million
9. 92067 – Rancho Santa Fe, Calif.  San Diego County Median home price: $2.47 million
10. 90210 – Beverly Hills, Calif. , Los Angeles County Median home price: $2.41 million

If you plan on making a purchase in any of the zip codes above you are going to need a jumbo mortgage with a juicy low rate.

 

This entry was posted on Friday, October 31st, 2008 at 10:54 am and is filed under Home. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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