Although the Golden State was battered when the housing bubble burst, California is still home to six of the 10 most expensive housing markets in the country, according to Coldwell Banker’s most recent “Home Listing Report.
Newport Beach, Calif., topped Coldwell Banker’s list for the second year in a row. A four-bedroom, two-bathroom home in the seaside city goes for more than $2.5 million, on average. Los Angeles County hot-spot Pacific Palisades, Calif., was a distant second, with an average list price of $1.6 million. Cupertino, Calif., home to tech giant Apple, rounded out the 10 most expensive housing markets, with an average list price of about $1.14 million.
Prudential California Realty
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