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24/7 Wall St.: America’s Most Expensive Neighborhoods

5. 94027

Median list price: $4.30 million
City/town: Atherton, Calif.
Year-over-year change: -4.5%

Atherton has the feel of an exclusive club where membership costs continue to soar as prospective members wait to pounce on the next mansion that comes up for sale. Silicon Valley initial public offerings have helped fuel sales and the town has made a strong post-recession recovery. Unlike some affluent neighborhoods on this list, Atherton boasts exceptional public schools that help offset the San Francisco Bay Area’s notoriously high cost of living. Median income in the greater bay area in 2010 was $71,975, more than $20,000 higher than the national average.

(Realtor.com)

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The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.

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