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Most expensive and most affordable real estate markets.


Most Expensive and Most Affordable Real Estate Markets

In the United States

MOST EXPENSIVE               2009 Average Sales Price

City
1 La Jolla, Calif.                  $2,125,000
2 Beverly Hills, Calif.             $1,981,750
3 Greenwich, Conn.                  $1,519,250
4 Palo Alto, Calif.                 $1,489,726
5 Santa Monica, Calif               $1,460,912
6 San Francisco                     $1,363,250
7 Boston                            $1,337,578
8 Newport Beach, Calif.             $1,315,505
9 Palos Verdes, Calif.              $1,237,041
10 San Mateo, Calif.                $1,090,000

MOST AFFORDABLE             2009 Average Sales Price

City
1 Grayling, Mich.                   $112,675
2 Akron, Ohio                       $121,885
3 Fayetteville, N.C.                $130,875
4 Canton, Ohio                      $131,867
5 Detroit                           $132,000
6 Arlington, Texas                  $138,775
7 Macon, Ga.                        $139,007
8 Eau Claire, Wis.                  $141,270
9 Port Charlotte, Fla.              $142,750
10 Wichita, Kans.                   $144,625

Source: Coldwell Banker Real Estate's annual Home Price
Comparison Index for the United States. In Arkansas, the
most expensive average price was found in Fayetteville at
$216,125 and the most affordable was Little Rock at $171,684.
The index is based on single-family dwelling, 2,200-SF (approximately)
four bedrooms, two-and-one-half baths, family room (or equivalent) and
two-car garage in neighborhoods/zip codes within a market that is
typical for corporate middle-management transferees.
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Copyright 2009 Gale, Cengage Learning. All rights reserved.

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Title Annotation:Inside Business
Publication:Arkansas Business
Date:Sep 28, 2009
Words:217
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