03.12.2012 - The most expensive real estate market in the U.S.
It's one of the fundamental truths of real estate: Home prices and desirability are all about location, location, location. According to recent data from Coldwell Banker, there's a $1.6 million price difference between similar homes in the nation's most expensive real estate market, Los Altos, Calif. and the most affordable, Redford, Mich. The average list price for a four-bedroom, two-bathroom home in Los Altos is $1,706,688, while the average price for a similar home in Redford is listed at $60,490. Nationwide, the average list price for a four-bedroom, two-bathroom home is $292,152...............................................Full Article: Source
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