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Top 10 most expensive cities named, new data notes median list prices same as 2010

Conflicting data points proves…

In March, the national median list price of the largest 146 markets was $199,500, almost exactly what it was one year ago. S&P Case-Shiller data studying the 20 largest cities outlines a current double dip in real estate pricing while Trulia’s research of the 50 largest cities show it is more advantageous to buy than rent in 4 out of 5 cities and NAR data reveals that contracts signed in March are up.

There are mixed signals in the market right now based on which economic indicator you choose to look at, once again proving that all real estate is local, no?

That said, let’s talk about local real estate.

The ten most expensive cities

Based on Realtor.com data:

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  1. San Francisco, CA– Median list price: $639,000, Median days on the market: 63
  2. Santa Barbara, CA– Median list price: $559,000, Median days on the market: 117
  3. San Jose, CA– Median list price: $470,000, Median days on the market: 71
  4. Orange County, CA– Median list price: $450,000, Median days on the market: 100
  5. Honolulu, HI– Median list price: $444,000, Median days on the market: 112
  6. Santa Fe, NM– Median list price: $435,000, Median days on the market: 288
  7. Ventura, CA– Median list price: $420,000, Median days on the market: 93
  8. Naples, FL– Median list price: $389,000, Median days on the market: 225
  9. New York City, NY– Median list price: $389,000, Median days on the market: 146
  10. Boulder, CO– Median list price: $380,000, Median days on the market: 114

What is interesting is that the days on market vary wildly in similarly priced markets. What is it like in your area? What is the median price and median days on market?

Realtor.com is an advertiser on AGBeat.

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48 Comments

48 Comments

  1. BawldGuy

    April 29, 2011 at 1:21 pm

    Did anyone notice that SF, the most costly, also had the quickest sale times?

  2. Liz Benitez

    April 29, 2011 at 2:57 pm

    I am originally a Cali girl. Interesting that 5 out of the ten are California.

  3. petew

    May 1, 2011 at 10:42 am

    I thought Portland would be on the list.

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