Home sales in high-end U.S. zip codes

August 18, 2011

While total U.S. home sales fell about 13.7 percent in the first half of this year, activity declined less or even increased in many high-end zip codes.

Sales during the first half of 2011 dipped just 2.8 percent from last year in a group of 176 U.S. zip codes that meet a rough definition of “high-end” – their median sale prices were $800,000 or more over the past two years. Nearly 45 percent of these relatively affluent zip codes saw sales rise in the first half of this year compared with last, according to San Diego-based DataQuick, which tracks home sales nationally.

The table below shows 30 high-end zip codes nationally
that had the largest year-over-year sales gains.

Note:
The table contains only zip codes that saw 20 or more sales over the last two years, in areas where DataQuick has coverage and where the sales data were current enough.

Includes sales of new and resale single-family detached houses as well as attached condos. Data based on public property records.

							Sorted by
Zip code	Community	County	State	Jun-09-Jun11 median $	# homes sold Jan-Jun10	# homes sold Jan-Jun11	YOY % change in sales
93067	SUMMERLAND	SANTA BARBARA	CA	$1,007,000	4	10	150.0%
29482	SULLIVANS ISLAND	CHARLESTON	SC	$1,253,072	8	17	112.5%
7620	ALPINE	BERGEN	NJ	$1,900,000	6	12	100.0%
94970	STINSON BEACH	MARIN	CA	$1,562,500	7	12	71.4%
98039	MEDINA	KING	WA	$1,400,000	18	30	66.7%
94301	PALO ALTO	SANTA CLARA	CA	$1,601,000	83	138	66.3%
92091	RANCHO SANTA FE	SAN DIEGO	CA	$940,000	23	36	56.5%
11545	GLEN HEAD	NASSAU	NY	$930,000	32	50	56.3%
93921	CARMEL BY THE SEA	MONTEREY	CA	$900,000	32	50	56.3%
94957	ROSS	MARIN	CA	$2,197,500	9	14	55.6%
7632	ENGLEWOOD CLIFFS	BERGEN	NJ	$950,000	22	34	54.5%
33921	BOCA GRANDE	LEE	FL	$1,037,500	30	45	50.0%
10001	NEW YORK	NEW YORK	NY	$1,251,224	31	46	48.4%
94563	ORINDA	CONTRA COSTA	CA	$900,500	76	104	36.8%
8738	MANTOLOKING	OCEAN	NJ	$956,363	23	31	34.8%
93923	CARMEL	MONTEREY	CA	$850,000	103	136	32.0%
90077	LOS ANGELES	LOS ANGELES	CA	$1,400,000	70	92	31.4%
6793	WASHINGTON	LITCHFIELD	CT	$1,102,500	7	9	28.6%
10577	PURCHASE	WESTCHESTER	NY	$1,525,000	11	14	27.3%
11978	WESTHAMPTON BEACH	SUFFOLK	NY	$950,000	43	54	25.6%
11030	MANHASSET	NASSAU	NY	$1,100,000	83	104	25.3%
11568	OLD WESTBURY	NASSAU	NY	$1,587,500	13	16	23.1%
90027	LOS ANGELES	LOS ANGELES	CA	$830,000	74	91	23.0%
92014	DEL MAR	SAN DIEGO	CA	$1,100,000	96	118	22.9%
93108	SANTA BARBARA	SANTA BARBARA	CA	$2,000,000	76	93	22.4%
94306	PALO ALTO	SANTA CLARA	CA	$1,168,000	124	151	21.8%
81611	ASPEN	PITKIN	CO	$998,500	116	141	21.6%
94114	SAN FRANCISCO	SAN FRANCISCO	CA	$1,000,000	128	153	19.5%
33109	MIAMI BEACH	MIAMI-DADE	FL	$1,500,000	21	25	19.0%
94705	BERKELEY	ALAMEDA	CA	$890,000	43	51	18.6%