I'm sure it comes as no surprise that of the 25 zip codes that Forbes Magazine put on its "Most Expensive Cities" list that several were from the Metropolitan area.
Coming in fifth place with an average price of $3.8M was the West Village. The Upper East Side is at number 7 with an average price of $3.7M. And rounding off the top ten was Soho which came in 9th place with an average price of $3.2M.
Last years most expensive zip code, Alpine, NJ dropped to fourth place with an average price of $3.8M. This year's number one spot went to Duarte, Ca. with an average price of $4.2M.
Other high ranking local neighborhoods include 12th place Tribeca averaging $3.1M and the East Village coming in 22nd place with an average price of $2.8M.
The bottom line is that if you want to live in Manhattan I strongly suggest you have a lot of money because we give sticker shock a whole new meaning!
Sep 28, 2010
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