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Most Expensive ZIP Codes Include Two in Valley

Hannah Madans Welk
By Hannah Madans Welk
271

California has 77 entries on a list of the priciest ZIP codes, with two San Fernando Valley neighborhoods on the list. La Cañada Flintridge (91011) ranked 64th with a median home sale price of $1.64 million while Encino (91436) ranked 79th at $1.5 million. Real estate database PropertyShark compiled the rankings, based on median home sales prices from 2017 residential transactions on single- and two-family homes, condos and co-ops. The Palo Alto-adjacent Atherton (94027) topped the annual list with a median home sale price of $4.95 million. ZIP codes in New York County and Miami Beach followed, with Beverly Hills’ 90210 ranking fifth at $3.85 million and Santa Monica’s 90402 in sixth place at $3,51 million. Of all 50 states, California has the most communities on the 2017 list by a longshot, with New York retaining a distant second place with 19 ZIP codes.

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Hannah Madans Welk
Hannah Madans Welk
Hannah Madans Welk is a managing editor at the Los Angeles Business Journal and the San Fernando Valley Business Journal. She previously covered real estate for the Los Angeles Business Journal. She has done work with publications including The Orange County Register, The Real Deal and doityourself.com.

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