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2015 Coldwell Banker Home Listing Report

Category : Uncategorized

  • All of the top 100 affordable markets in the country have an average listing price under $135,000.
  • Meanwhile, all of the top 25 most expensive markets have an average listing price of $1 million or more.
  • The national average listing price of a four-bedroom, two-bathroom home is $302,632, which on average can buy a four-bedroom, two-bathroom home in more than 1,600 markets across 34 states.
  • California accounts for nine of 10 of the most expensive markets in the U.S.
  • Forty-five (45) of the 100 most affordable markets are found in Midwest states.
  • Even though California accounts for half of the top 100 most expensive markets, it is only ranked the third most expensive state in the country.

Here are the top five most expensive and most affordable markets in the Home Listing Report this year:

Most Expensive Markets

  1. Newport Beach, CA – $2,291,764
  2. Palo Alto, CA – $2,066,600
  3. Saratoga, CA – $1,979,218
  4. Cupertino, CA – $1,659,297
  5. Los Gatos, CA – $1,569,615

Most Affordable Markets

  • Cleveland, OH – $74,502
  • Riverdale, GA – $79,223
  • Wilkes-Barre, PA – $79,480
  • Detroit, MI $81,616
  • Alma, MI $90,523

Whether you’re selling your home or searching for your next, take full advantage of California’s thriving market by enlisting the number one residential real estate brokerage throughout the nation and here in Southern California.

Check out the full Home Listing Report to see how your town ranks compared to the most expensive and affordable markets in the country.