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Ten of the top 25 most expensive counties in the country were in California, led by fourth-place Marin County with 22,212 homes averaging $616,915 and fifth-place San Mateo, whose 49,245 homes were worth an average of $570,032.
In all, 16 counties had average active adult home values of more than $400,000.
The averages were computed by dividing the aggregate value of homes owned by the number of homes. Home values are based on owners’ estimates of how much their homes would sell for at the time of the 2000 U.S. Census.
“The highest-priced counties are generally in resort areas near mountains or on islands, where the supply of land is severely limited by geography,” said Bonnie Solomon, chair of the NAHB Seniors Housing Council and a vice president of several retirement communities in St. Louis and Kansas City, MO, and Atlanta. “The others are in parts of the country known for extremely high housing costs, such as California and New York.”
The chart below shows U.S. counties with the most high-priced active adult communities:
Counties With The Most High-Priced Active Adult Communities
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County |
# Homes |
Avg. Value |
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1. |
Pitkin County, CO |
1,867 |
$946,036 |
|
2. |
New York County, NY |
42,844 |
$829,631 |
|
3. |
Teton County, WY |
1,306 |
$650,526 |
|
4. |
Marin County, CA |
22,212 |
$616,915 |
|
5. |
San Mateo County, CA |
49,245 |
$570,032 |
|
6. |
Blaine County, ID |
1,610 |
$563,135 |
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7. |
Eagle County, CO |
1,754 |
$557,651 |
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8. |
Santa Clara County, CA |
96,966 |
$556,947 |
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9. |
San Francisco County, CA |
35,479 |
$468,943 |
|
10. |
San Juan County, CA |
1,867 |
$460,011 |
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11. |
Santa Cruz County, CA |
15,367 |
$452,229 |
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12. |
Dukes County, MA |
1,409 |
$451,880 |
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13. |
Summit County, CO |
1,011 |
$446,196 |
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14. |
Santa Barbara County, CA |
25,778 |
$412,658 |
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15. |
Fairfield County, CT |
68,403 |
$402,814 |
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16. |
Westchester County, NY |
66,293 |
$401,859 |
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17. |
Monterey County, CA |
21,266 |
$390,511 |
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18. |
Summit County, UT |
1,639 |
$390,161 |
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19. |
Napa County, CA |
9,794 |
$361,977 |
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20. |
Honolulu County, HI |
54,951 |
$357,605 |
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21. |
Contra Costa, CA |
68,619 |
$351,144 |
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22. |
Alameda County, CA |
80,843 |
$345,653 |
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23. |
Orange County, CA |
168,970 |
$342,763 |
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24. |
Alexandria City, VA |
6,821 |
$341,332 |
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25. |
Monroe County, FL |
8,569 |
$340,877 |
For more information, e-mail Jeff Jenkins at NAHB or call him at 800-368-5242 x8292.
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