In addition to Andreessen’s $177-million purchase in Malibu, which beat out Jeff Bezos’ purchase for the priciest home sale in California history, other notable deals include one by Scooter Braun, who dropped $65 million on a Brentwood farmhouse, and the Hearst Estate in Beverly Hills, which went into bankruptcy and was auctioned off for a record $63.1 million. Southern California’s luxury market has soared to new heights this year. During the pandemic, 15 places including Crenshaw, Highland Park and Porter Ranch became “million-dollar neighborhoods,” where the typical home price is more than $1 million. and the San Fernando Valley are starting to catch up. County’s presence on the list, many areas in northeast L.A., South L.A. A private research university in Hoboken, NJ, Stevens Institute of Technology offers undergraduate and graduate programs in the sciences, technology. County’s median home price hit $790,000.Īlthough Westside neighborhoods make up most of L.A. Propelled by historically low mortgage rates and a desire for more space during the pandemic, bidding wars created a seller’s market that saw properties consistently sell for more than the asking price. Alpine, in Bergen County, has been among Property Shark’s top 100 priciest zip codes since 2016. The city saw its highest sale ever in July when the USC presidential mansion, a 14,000-square-foot American Colonial-style home built in 1934, traded hands for $25 million - or $500,000 more than the asking price.įight over ‘The One’ mega-mansion heads to Bankruptcy CourtĪn auction of the Bel-Air mansion known as The One is called off after the limited liability company that owns it files for bankruptcy protection. New Jersey’s priciest zip code is no stranger to the national list. You get fantastic public services, and the lots are all spacious,” Parsons said. “San Marino is one of the best designed cities in America. Search for the location name or search inside the map below. AirNow and the US Forest Service have updated the Fire and Smoke Map to give you even more information On the map, click on any monitor (circle) or sensor (. The postal code range goes from 07001 to 08989. For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. County’s priciest ZIP Code on the east side was San Marino, where the median price of $2.49 million is fueled by good schools and stylish architecture instead of proximity to the ocean. The state New Jersey has 731 different ZIP Codes among its 1292 distinct locations. This is a list of all 49 ZIP codes in Essex County NJ. “A lot of European countries are still shut down, so instead of spending money there, people are buying houses in places where they can vacation but still have a sense of normalcy.” “During the pandemic, people got comfortable spending money in domestic vacation cities like Malibu,” Meyers said.
The result? The $1-million home is everywhere. How the pandemic helped scatter $1-million homes across L.A.ĬOVID-19 unleashed new demand for homes, made the well-off wealthier, and fueled extreme bidding wars.
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