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.
