HB is #22 Most Expensive Market in California

Coldwell Banker Real Estate Issues Home Listing Report Ranking More than 2,300 of North America’s Most Expensive and Most Affordable Markets

 

Rosamond is California’s Most Affordable Market; Newport Beach Tops the State’s and Country’s Most Expensive List.  Huntington Beach is number 172 on the California’s List, 22 places from the most expensive market

 

California (June 15, 2011)Coldwell Banker Real Estate LLC today released its Home Listing Report (HLR), a snapshot survey of listing prices for four-bedroom, two-bathroom homes in more than 2,300 North American markets. The survey reviewed 194 real estate markets in California and found Rosamond led the list of most affordable markets in the state, with an average home listing price of approximately $108,263 for property listings meeting the subject home criteria. The report identified Newport Beach as the country’s most expensive market, where the average four-bedroom, two-bathroom home has a listing price of $2,537,126. The difference of nearly $2.5 million between most expensive and most affordable California housing markets is just one of the many findings in this comprehensive market report. Compared to the national average of $293,251, the average four-bedroom, two-bathroom home in California overall was $431,045.

 

The Coldwell Banker HLR provides the average home listing price of four-bedroom, two-bathroom properties on coldwellbanker.com that were listed between September 2010 and March 2011 from more than 2,300 North American markets. Markets included in the U.S. report were required to have at least 10 properties fitting the above criteria within the relevant timeframe.

 

“This year’s home listing report is by far the most in-depth local market source of data that Coldwell Banker has ever released,” said Jim Gillespie, chief executive officer, Coldwell Banker Real Estate LLC. “We’ve included nearly ten times more markets than ever before, which gives us unmatched real estate insight into thousands of North American cities. For instance, we can see that there are 775 U.S. markets averaging $200,000 or less for these types of aspirational homes. We know that home buying remains a deeply personal lifestyle decision, and we believe that reports like this, along with trusted real estate agents, will help to today’s buyers make smart decisions.”

 

 

 

 

The California markets featured in the 2011 Coldwell Banker Home Listing Report are:

 

California

Market Name

State Rank

National Rank

 Average Price

ROSAMOND

1

34

$108,263

ADELANTO

2

62

$120,236

VICTORVILLE

3

63

$120,798

CALIFORNIA CITY

4

84

$126,559

MERCED

5

125

$135,176

LOS BANOS

6

131

$135,898

DESERT HOT SPRINGS

7

134

$136,037

HESPERIA

8

138

$136,781

CERES

9

159

$140,240

CALEXICO

10

191

$144,582

WASCO

11

209

$148,027

SAN JACINTO

12

214

$148,750

LANCASTER

13

231

$150,970

TULARE

14

235

$151,143

INDIO

15

238

$151,223

STOCKTON

16

302

$159,003

DELANO

17

311

$160,155

ATWATER

18

312

$160,211

MARYSVILLE

19

319

$160,909

PATTERSON

20

331

$161,661

SAN BERNARDINO

21

343

$162,945

LIVE OAK

22

372

$165,916

PALMDALE

23

417

$168,920

EL CENTRO

24

420

$169,191

SOLEDAD

25

422

$169,558

MADERA

26

432

$170,654

APPLE VALLEY

27

452

$172,540

PERRIS

28

454

$172,805

MORENO VALLEY

29

468

$173,737

BANNING

30

510

$177,136

SUISUN CITY

31

564

$182,032

HEMET

32

567

$182,260

RIALTO

33

582

$183,331

PLUMAS LAKE

34

630

$186,824

MANTECA

35

685

$192,620

GALT

36

692

$193,600

MODESTO

37

708

$194,729

TEHACHAPI

38

782

$200,373

RANCHO CORDOVA

39

802

$202,492

YUBA CITY

40

805

$202,773

CITRUS HEIGHTS

41

823

$204,061

ANTIOCH

42

830

$204,620

FRESNO

43

843

$205,554

TURLOCK

44

847

$205,925

VALLEJO

45

874

$208,549

HANFORD

46

890

$209,449

LEMOORE

47

896

$209,975

OAKLEY

48

972

$217,550

COLTON

49

973

$217,620

PITTSBURG

50

977

$218,345

HIGHLAND

51

1,025

$223,226

RIDGECREST

52

1,039

$224,228

LAKE ELSINORE

53

1,057

$227,236

BAKERSFIELD

54

1,063

$227,945

TRACY

55

1,071

$229,350

VALLEY SPRINGS

56

1,073

$229,690

MENIFEE

57

1,084

$230,811

RIVERSIDE

58

1,129

$236,474

VACAVILLE

59

1,140

$238,135

VISALIA

60

1,156

$239,735

FAIRFIELD

61

1,167

$241,131

SACRAMENTO

62

1,173

$241,787

WINCHESTER

63

1,182

$242,895

ELK GROVE

64

1,189

$243,322

FONTANA

65

1,190

$243,566

SALINAS

66

1,248

$250,540

BEAUMONT

67

1,260

$252,047

CLOVIS

68

1,265

$252,781

AMERICAN CANYON

69

1,287

$255,530

ONTARIO

70

1,299

$256,514

DIXON

71

1,354

$263,337

PARADISE

72

1,386

$267,727

POMONA

73

1,398

$269,585

LOMPOC

74

1,408

$271,855

MIRA LOMA

75

1,428

$275,407

YUCAIPA

76

1,442

$278,375

TEMECULA

77

1,458

$282,160

BRENTWOOD

78

1,463

$282,724

LINCOLN

79

1,469

$283,238

WOODLAND

80

1,497

$287,995

ROSEVILLE

81

1,535

$298,472

SPRING VALLEY

82

1,536

$299,080

OXNARD

83

1,551

$300,973

LA PUENTE

84

1,579

$306,206

WINDSOR

85

1,589

$309,092

REDDING

86

1,595

$310,856

CARMICHAEL

87

1,601

$312,659

CORONA

88

1,609

$315,695

RANCHO CUCAMONGA

89

1,639

$323,646

FAIR OAKS

90

1,644

$324,967

CHICO

91

1,670

$334,311

SANTA MARIA-ORCUTT

92

1,676

$335,953

CARSON

93

1,690

$340,400

OAKDALE

94

1,708

$345,173

PLACERVILLE

95

1,712

$347,138

REDLANDS

96

1,716

$347,781

CHULA VISTA

97

1,727

$349,936

SANTEE

98

1,731

$350,660

CHINO

99

1,745

$352,815

OCEANSIDE

100

1,747

$354,075

VISTA

101

1,780

$365,991

LAKESIDE

102

1,790

$369,009

CONCORD

103

1,808

$375,343

GRANADA HILLS

104

1,813

$376,688

EL DORADO HILLS

105

1,819

$378,720

ANAHEIM

106

1,828

$381,213

ESCONDIDO

107

1,843

$385,321

COVINA

108

1,850

$387,232

GRASS VALLEY

109

1,857

$390,185

HOLLISTER

110

1,864

$394,463

CANYON LAKE

111

1,870

$397,131

HAYWARD

112

1,875

$398,732

LA MESA

113

1,881

$400,300

FOLSOM

114

1,884

$401,329

MURRIETA

115

1,902

$407,483

LA MIRADA

116

1,903

$408,149

WEST COVINA

117

1,908

$410,203

NEVADA CITY

118

1,928

$417,850

RAMONA

119

1,939

$422,000

GILROY

120

1,940

$422,268

SOUTH LAKE TAHOE

121

1,946

$424,983

ROWLAND HEIGHTS

122

1,950

$426,770

EL CAJON

123

1,951

$427,720

LAKE ALMANOR

124

1,954

$429,667

LAKE ARROWHEAD

125

1,970

$437,776

SONORA

126

1,978

$444,359

SIMI VALLEY

127

1,995

$451,738

LIVERMORE

128

1,998

$452,742

UNION CITY

129

2,003

$454,225

HACIENDA HEIGHTS

130

2,004

$455,700

OAKLAND

131

2,018

$465,583

NAPA

132

2,021

$468,060

FALLBROOK

133

2,030

$475,414

UPLAND

134

2,036

$478,735

SAN DIMAS

135

2,043

$484,107

WEST HILLS

136

2,044

$484,936

LONG BEACH

137

2,046

$485,399

VENTURA

138

2,060

$493,059

PETALUMA

139

2,064

$494,404

SANTA ROSA

140

2,076

$501,658

TRUCKEE

141

2,109

$520,540

SAN DIEGO

142

2,111

$522,247

NEWBURY PARK

143

2,114

$524,789

GLENDORA

144

2,129

$538,757

ORANGE

145

2,132

$542,146

FULLERTON

146

2,133

$544,100

NORTHRIDGE

147

2,134

$544,173

LAKE FOREST

148

2,137

$546,986

POWAY

149

2,139

$547,886

PLACENTIA

150

2,146

$552,430

DAVIS

151

2,148

$555,742

CLAREMONT

152

2,164

$574,514

WHITTIER

153

2,165

$574,900

CHINO HILLS

154

2,170

$578,968

WALNUT

155

2,174

$581,474

MISSION VIEJO

156

2,200

$620,108

PACIFICA

157

2,209

$634,822

THOUSAND OAKS

158

2,215

$640,462

SAN JOSE

159

2,217

$644,243

SANTA CLARA

160

2,221

$654,011

TUSTIN

161

2,223

$658,270

WOODLAND HILLS

162

2,228

$662,245

NOVATO

163

2,229

$666,343

CARLSBAD

164

2,235

$673,300

FREMONT

165

2,242

$688,682

MONROVIA

166

2,244

$696,892

SAN CLEMENTE

167

2,253

$718,870

SAN RAMON

168

2,254

$718,986

LAGUNA HILLS

169

2,255

$719,306

WALNUT CREEK

170

2,263

$743,328

PLEASANTON

171

2,271

$763,749

HUNTINGTON BEACH

172

2,278

$782,000

LOS ANGELES

173

2,282

$795,632

DANVILLE

174

2,284

$803,767

SAN FRANCISCO

175

2,285

$807,691

MORGAN HILL

176

2,286

$818,604

DIAMOND BAR

177

2,289

$830,835

PASADENA

178

2,290

$844,037

SUNNYVALE

179

2,296

$913,541

SAN MATEO

180

2,299

$925,995

ARCADIA

181

2,301

$937,279

IRVINE

182

2,302

$940,048

MOUNTAIN VIEW

183

2,304

$961,089

SAN RAFAEL

184

2,305

$977,438

BELMONT

185

2,306

$1,010,030

REDWOOD CITY

186

2,307

$1,014,909

SANTA BARBARA

187

2,309

$1,039,100

SAN CARLOS

188

2,310

$1,108,417

CUPERTINO

189

2,311

$1,140,656

LOS GATOS

190

2,315

$1,261,176

SARATOGA

191

2,316

$1,281,889

RANCHO PALOS VERDES

192

2,317

$1,312,538

PACIFIC PALISADES

193

2,319

$1,606,992

NEWPORT BEACH

194

2,320

$2,537,126

 

An interactive graphic summarizing the full results of the Coldwell Banker Home Listing Report is available on coldwellbanker.com. Full national data can be accessed on the Home Listing Report website, and additional state data can be found at http://hlr.coldwellbanker.com/us2011/california.html.

 

For more information contact: Scot Campbell, President Coldwell Banker – Campbell Realtors  Scot.Campbell@ColdwellBanker.com

 

 

About Coldwell Banker®

Since 1906, the Coldwell Banker® organization has been a premier provider of full-service residential and commercial real estate. Coldwell Banker is the oldest national real estate brand in the United States and today has a network of more than 87,000 sales agents working in approximately 3,200 offices in 49 countries and territories. The Coldwell Banker brand is known for creating innovative consumer services as recently seen by being the first national real estate brand to augment its web site www.coldwellbanker.com for smart phones, the first to create an iPhone and iPad application, and the first to fully harness the power of video in real estate listings, news and information through its Coldwell Banker On LocationSM YouTube channel.  The Coldwell Banker system is a leader in specialty markets such as resort, new homes and luxury properties through its Coldwell Banker Previews International® marketing program. Coldwell Banker Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act.  Each office is independently owned and operated. 

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