Manhattan Beach Leads Market In $1Million+

Another signal that the housing market is turning around: Statewide, more than 7,700 homes sold for $1 million or more in the April-June quarter, a nearly 80 percent jump from the previous three months and 18.5 percent higher than a year earlier, according to Dataquick. The quarterly sales figure was the highest since the July-September period in 2007. Part of the jump could be due to a general increase in prices, pushing a home that had been valued in the high six figures to $1 million or more. The vast majority of homes – 5,100 – were in the $1-million to $2-million range, while only 188 were sold for $5 million of more. As you can see from the list below, provided by DataQuick , Manhattan Beach had the largest number of million-dollar sales in Southern California, followed by Newport Beach, Beverly Hills and Rolling Hills Estates. Ranking below is by ZIP code, location, number of sales in quarter and most expensive home.

94010 Hillsborough 134 $5.28 mill.
95070 Saratoga 126 $5.35 mill.
90266 Manhattan Beach 119 $5.50 mill.
92660 Newport Beach 110 $7.20 mill.
95014 Cupertino 105 $2.45 mill.
94024 Los Altos 102 $6.00 mill.
94025 Menlo Park 100 $4.80 mill.
92037 La Jolla 98 $7.05 mill.
90210 Beverly Hills 97 $34.50 mill.
90049 Brentwood 96 $9.95 mill.
90274 Rolling Hills Estates 87 $5.80 mill.