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DS News January 2018

DSNews delivers stories, ideas, links, companies, people, events, and videos impacting the mortgage default servicing industry.

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THE BIG FINISH WRAP YOUR HEAD AROUND THE MARKET'S LEADING INDICATORS 128 WELCOME TO CALIFORNIA, HOME OF THE PRICIEST ZIP CODES Move over Sagaponack, New York. The most expensive ZIP code in 2017 is 94027 in Atherton, San Mateo County, California, according to Property Shark's annual Top Most Expensive Zip Codes in the U.S. survey. In fact, California claims the highest number of Zip codes in the survey's Top 100 Most Expensive Zip Codes list with 77 ZIP codes and is followed by New York with 19 ZIP Codes. The ZIP code 11962 in Sagaponack, New York, which was ranked No. 1 last year, slipped to 15 in this year's ranking. Property Shark's Top Most Expensive Zip Codes list is derived by looking at residential transactions closed in 2017 and analyzing closed sale prices. It takes into account condominiums, co-ops, and single- and two-family homes. Here we give you the Top 10 most expensive ZIP codes in the survey's list. Source: Property Shark, Top Most Expensive US Zip Codes in 2017 OVERALL RANK ZIP CODE LOCATION COUNTY STATE MEDIAN PRICE 1 94027 ATHERTON SAN MATEO CALIFORNIA $4,950,000 2 10013 NEW YORK NEW YORK NEW YORK $4,100,000 3 33109 MIAMI BEACH MIAMI-DADE FLORIDA $4,052,500 4 10007 NEW YORK NEW YORK NEW YORK $3,988,683 5 90210 BEVERLY HILLS LOS ANGELES CALIFORNIA $3,850,000 6 90402 SANTA MONICA LOS ANGELES CALIFORNIA $3,512,500 7 94301 PALO ALTO SANTA CLARA CALIFORNIA $3,300,000 8 94022 LOS ALTOS SANTA CLARA CALIFORNIA $3,200,000 9 11976 WATER MILL SUFFOLK NEW YORK $3,162,500 10 11975 WAINSCOTT SUFFOLK NEW YORK $3,000,000

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