The Fifth Most Expensive City in The US, La Jolla, CA

Very few San Diegans would be surprised to hear that La Jolla, California homes rank among the top five most expensive homes in the United States according to a study reported by Yahoo and conducted by Coldwell Banker.

La Jolla means “The Jewel” as Spaniards once called it and it’s a paradise for both the resident and the traveler. It offers heart-stopping views with a breathtaking coastline sitting just north of coastal San Diego. Adding to this stunning natural beauty here you’ll find a world-class La Jolla Village with upscale shopping, fine dining and first- class lodging. La Jolla, CA is home to a top-ranked university (UCSD) and medical school along with a climate that is arguably considered by many to be the best on earth.

Many of us might assume that some of the most expensive homes in the nation are those along the coasts. A lot of us love the warmth of the sun, the beauty of the sea and enjoy spending time in both. And if given the choice, many of us might want to live where we play.

In the latest real estate report study conducted by Coldwell Banker, the east and west coasts of the United States dominate the Top 10 Most Expensive Cities for Home Buyers. California coastal cities hold 6 of the top 10 places with Newport Beach ranking in the first place:

1. Newport Beach, Calif., $1.83 million
2. Palo Alto, Calif., $1.48 million
3. Rye, N.Y., $1.33 million
4. San Francisco, Calif., $1.33 million
5. La Jolla, Calif., $1.21 million
6. Greenwich, Conn., $1.20 million
7. Wellesley, Mass., $1.08 million
8. Pasadena, Calif., $1.04 million
9. Honolulu, Hawaii, $1.03 million
10. Santa Barbara, Calif., $1.02 million