Key Takeaways:

  • L.A. County’s most expensive place to call home is Malibu Colony Beach
  • Beverly Hills’ exclusive Trousdale Estates lands the second spot
  • 6 neighborhoods in the top 50 boast median sale prices above the $5M mark

There seems to be no shortage of news related to California’s high housing prices and tight real estate market, where bidding wars are the norm for homebuyers. Our latest national ranking of priciest zip codes for homebuyers was no exception, as it revealed that California crushed the other states, snatching 72 out of the 100 spots. Though Atherton still holds the title of California’s priciest zip code, L.A. County’s notoriously expensive Santa Monica and Beverly Hills markets ranked fifth and seventh, respectively.

We’ve zoomed in on the Los Angeles housing market to determine the county’s 50 most expensive neighborhoods for homebuyers, based on sales data for the first half of 2017. The list is riddled with famous places and exquisite views, most of them unattainable for the average buyer.

Malibu steals the spotlight, with Malibu Colony Beach as the most expensive place to call home. During the first half of 2017 seven deals closed in the neighborhood at a median sale price of $15,725,000.

Beverly Hills commands the second position on our list with Trousdale Estates. Favored by celebrities like Elvis Presley and Frank Sinatra, the area continues to be a celebrity hot spot. The exclusive neighborhood ended the first half of the year with 12 closed sales and boasted a median sale price of $8,499,500.

Beverly Hills occupies a total of 4 spots in our top 50. The North of Sunset Boulevard neighborhood ranked 4th, entering the top 10 with a total of 23 sales closed and a median sale price of $7,700,000.  The Flats ranked 5th, with a median sale price of $7,467,500 while South of Santa Monica Boulevard landed a more modest spot, ranking 24th on our list with a median sale price of $2,724,000.

Malibu’s Cove Colony ranked third, with 8 sales closed at a median sale price of $8,012,500. Three other Malibu neighborhoods made the top 10, with median sale prices ranging from $3,550,000 in Malibu Park (#10) to $3,922,500 in Point Dume (#9) and $6,965,000 in Broad Beach (#6).

Here you can find the top 10, don’t forget to scroll down for the full top 50 most expensive neighborhoods.

The only neighborhoods in the top 10 that are not part of either Malibu or Beverly Hills are Santa Monica’s North of Montana (#7), with a median sale price of $4,500,000, and Bradbury (#8), with a median sale price of $4,300,000.

The city of Los Angeles didn’t make it into our top 10, but it does feature 12 neighborhoods in the top 50. Most of these neighborhoods experienced year-over-year price gains, apart from Beverly Grove and Westwood, where median sale prices dropped 6% and 9%, respectively.

Check out the complete top 50 priciest places for homebuyers in Los Angeles County below:

#CityNeighborhoodMedian Sale PriceTransactions
5Beverly HillsThe Flats$7,467,500 30
4Beverly HillsNorth of Sunset Blvd$7,700,000 23
24Beverly HillsSouth of Santa Monica Blvd$2,724,000 42
2Beverly HillsTrousdale Estates$8,499,500 12
8BradburyBradbury$4,300,000 7
49CalabasasGreater Calabasas Park$1,713,750 62
33CalabasasAlizia Canyon$2,200,000 15
21Hidden HillsHidden Hills$2,750,000 17
47La Canada FlintridgeLa Canada Flintridge$1,749,000 142
43Long BeachPeninsula$1,800,000 5
17Los AngelesBel Air$3,025,000 71
48Los AngelesVenice$1,718,000 162
40Los AngelesBeverlywood$1,893,500 52
26Los AngelesHancock Park$2,600,000 49
37Los AngelesHollywood Hills West$1,981,250 194
44Los AngelesBeverly Grove$1,795,000 71
14Los AngelesBrentwood$3,182,500 150
32Los AngelesBeverly Crest$2,240,000 110
15Los AngelesPacific Palisades$3,164,750 178
27Los AngelesWestwood$2,500,000 60
31Los AngelesCheviot Hills$2,260,500 70
30Los AngelesWindsor Square$2,300,000 29
16MalibuLa Costa$3,044,000 8
6MalibuBroad Beach$6,965,000 5
1MalibuMalibu Colony Beach$15,725,000 7
3MalibuCove Colony$8,012,500 8
20MalibuBig Rock Mesa$2,795,000 9
9MalibuPoint Dume$3,922,500 26
10MalibuMalibu Park$3,550,000 9
29Manhattan BeachTree Section$2,400,000 85
19Manhattan BeachSand Section$2,935,000 75
12Manhattan BeachHill Section$3,315,000 21
41Manhattan BeachEl Porto$1,825,000 7
34Manhattan BeachMira Costa$2,154,250 44
39Palos Verdes EstatesMalaga Cove$1,915,000 17
25Palos Verdes EstatesMonte Malaga$2,677,500 24
36Palos Verdes EstatesLanuda Bay$1,995,000 49
46Palos Verdes EstatesCountry Club$1,750,000 15
11PasadenaOak Knoll$3,482,000 10
23Rolling HillsRolling Hills$2,725,000 12
38Rolling Hills EstatesLa Cresta$1,940,000 23
35San MarinoMission District$2,025,000 18
22San MarinoLower Huntington$2,726,000 12
13San MarinoPoet's Quarter$3,254,000 6
18San MarinoLacy Estates$3,000,000 5
45Santa MonicaOcean Park$1,760,000 13
42Santa MonicaMid-City Santa Monica$1,820,000 8
28Santa MonicaWilshire - Montana$2,475,000 25
7Santa MonicaNorth of Montana$4,500,000 43
50Santa MonicaSunset Park
$1,700,000 56

Methodology: to determine which were the most expensive neighborhoods in California, we looked at all residential transactions closed between January 1st, 2017 and June 30th, 2017, for single- and two-family houses. All package deals were excluded.

Data on small neighborhoods is now included in stats for larger areas. For example: Malibu Road and Malibu Beach Colony are taken as a single neighborhood. Also some small areas like Bradbury and Rolling Hills were considered as a single neighborhood.

Roxana Poenar

Roxana Poenar

With a taste for learning, Roxana joined PropertyShark in order to expand her knowledge of all things real estate. Passionate about reading and travelling, if she's not at her desk or engrossed in one of her books, then she's probably packing her backpack for a new adventure.

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