NYC's Priciest Homes: From 72nd to 77th Streets

Friday, Mar 4, 2011  |  Updated 12:15 PM EDT
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NYC's Priciest Homes: From 72nd to 77th Streets

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(Photo by Bruce Bennett/Getty Images)

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It's official -- New York City's priciest homes are on the Upper East Side.

A new real estate analysis shows that a small exclusive stretch within the neighborhood, from 72nd Street to 77th Street and east of Central Park to Park Avenue, has the most expensive homes.

The median price for a house in that area is $2.8 million, according to the analysis by data research company Location Inc., owners of NeighborhoodScout.com.

The company examined census information and property data to compile a 50-state study on the most expensive homes in the country.

The Upper East Side was second only to Beverly Hills, Calif., where the median price of homes was $3 million. Just behind New York City at No. 3 is Naples, Fla., at $2.7 million.

The state whose most expensive homes ranked cheapest on the list was North Dakota, where homes in Fargo go for a median of $266,293.

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