Santa Monica and Beverly Hills in top 10 of Nation’s Most Expensive

California is home to eight of the 10 most expensive housing markets in the U.S., according to the 2009 Home Price Comparison Index produced by Coldwell Banker.

The annual survey compares the average sale prices of similar 2,200-square-foot houses in 310 markets nationwide.
Making the top 10 for 2009 were:

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

(*Source: LA Times)