Most Expensive Cities for Family Homes

Last Updated Jun 15, 2011 3:44 PM EDT

Most Expensive Cities for Family Homes is a multi-part series that looks at the most expensive and least affordable cities for family homes in America. Be sure to check out Most Affordable Cities for Family Homes.
In a previous post, we took a look at the Most Affordable Cities for Family Homes, using data provided by Coldwell Banker's just released Home Listing Report (HLR). The report provides an overview of average listing prices for four-bedroom, two-bathroom homes in more than 2,300 North American markets.

Jim Gillespie, chief executive officer, Coldwell Banker Real Estate LLC explains the motive for the company's project as such, "This year's home listing report is by far the most in-depth local market source of data that Coldwell Banker has ever released. We've included nearly ten times more markets than ever before, which gives us unmatched real estate insight into thousands of North American cities... We know that home buying remains a deeply personal lifestyle decision, and we believe that reports like this, along with trusted real estate agents, will help today's buyers make smart decisions."

The report uses the average listing price for the period between September 2010 and March 2011 to allow for a number of observations about consumer purchasing patterns and relative market value. Since we already took a grounded look at the best bargains in American real estate for the "aspirational" home type, I thought it might be fun to go another way. I now present the most lavishly expensive locales for the venerated four-bedroom, two-bathroom single-family home.

Accompanying images, courtesy of Coldwell Banker, reflect what you might expect to get for the corresponding price point.

Read on for our list of Most Expensive House Locales for Family Homes:

  • Ilyce Glink On Twitter»

    Ilyce R. Glink is an award-winning, nationally-syndicated columnist, best-selling book author and founder of Best Money Moves, an employee benefit program that helps reduce financial stress. She also owns, where readers can find real estate and personal finance resources.