Los Angeles County Is Home to the Most Expensive Markets in the US

Los Angeles County is home to the largest number of expensive markets in the country. A new survey from Yardi’s Property Shark analyzed the most expensive zip codes in terms of residential transactions, and ranked the top 100. Los Angeles had 23 zip codes on the list, the highest concentration of any individual market.

“Los Angeles County has traditionally had a larger presence on this ranking than other counties—even New York—due to the area’s long-term desirability, especially among high-income buyers, its economic power and the types of industries it relies on and continues to attract, and its ongoing housing shortage. This combination of factors continues to intensify, leading to a faster-paced price growth than other areas of the country,” Eliza Theiss of Property Shark, tells GlobeSt.com.