SoCal Houses 40 Of The Country's Most Expensive Zip Codes: Study

CALIFORNIA — Southern California is home to 40 of the United States' 100 most expensive zip codes, according to a ranking from PropertyShark.

Some 90 California zip codes made PropertyShark's list of the top 100 most expensive codes in the country. Four SoCal counties were represented in the top 100 list, with 21 zip codes in Los Angeles County, four in San Diego County, 10 in Orange County and five in Santa Barbara County.

"To determine the most expensive zip codes in the U.S., we looked at residential transactions closed between January 1, 2022, and October 31, 2022, taking into account condos; co-ops; and single- and two-family homes," according to PropertyShark. "For an accurate representation, we considered only zip codes that registered a minimum of three residential transactions. Due to a number of ties, 128 zips made it onto our list of the 100 most expensive zip codes in 2022."

Beverly Hills took the top spot in Southern California, ranking fifth in the country with a median residential sale price of $5.12 million in 2022. Santa Monica followed closely in the number seven spot with a median sale price of $4.4 million.

Los Angeles and New York City dethroned San Francisco as the city with the highest concentration of expensive zip codes, and cities like Beverly Hills and San Diego had major jumps in home prices over the last year.

San Diego County's median sale price increased 39 percent year over year, according to PropertyShark. Beverly Hills saw a 24 percent increase. Newport Beach also saw a significant jump in the ranking.

Northern California made a great showing as well. Atherton in San Mateo County took the top spot this year with a $7.9 million median sale price. The 94957 zip code in Ross, California took the number three spot after having a 20 percent increase in median sale prices in 2022, pushing it ahead of Fisher Island in Miami Beach.

California has been the leader of the top 100 for years, housing the four priciest counties, the most expensive metro area and four of the country's five priciest cities, according to PropertyShark.

Only 10 states are represented in the top 100 ranking: New York, California, Arizona, Florida, Massachusetts, New Hampshire, New Jersey, Nevada, Washington and Connecticut.

Check how SoCal zip codes fared on the national ranking:

5. Beverly Hills, Los Angeles County, Median Sale Price: $5.12 million.

7. Santa Monica, Los Angeles County, Median Sale Price: $4.4 million.

8. Santa Barbara, Santa Barbara County, Median Sale Price: $4.3 million.

9. Newport Beach, Orange County, Median Sale Price: $4.29 million.

10. Rancho Santa Fe, San Diego County, Median Sale Price: $4.27 million.

13. Newport Beach, Orange County, Median Sale Price: $4.1 million.

14. Newport Beach, Orange County, Median Sale Price: $3.92 million.

15. Los Angeles, Los Angeles County, Median Sale Price: $3.81 million.

17. Corona Del Mar, Orange County, Median Sale Price: $3.7 million.

View the full report here.