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A Forbsian Slip

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Thursday, September 10, 2009

Fairfield County's fabled Gold Coast may be losing a little of its luster.

According to Forbes Magazine's latest top 100 list of "America's Most Expensive Zip Codes," the highest-ranked Connecticut address is in Greenwich (06830) at a somewhat less-than-impressive 78th place.

The median home price in that part of Greenwich is $1.78 million, down 10 percent from last year.

Darien (06820) is the next Connecticut locale in the Forbes listing, sitting in 92nd position with a median home price of $1.68 million (down 9 percent). Greenwich's Riverside section (06878), where the median home price is $1.65 million, comes in at No. 97; while New Canaan (06840) barely made the grade in 100th place, with a median home price of $1.63 million.

While those Connecticut housing prices may seem fairly lofty, they don't even approach zip code in the top spot. That "honor" goes to Alpine, N.J. (07620), on the Hudson River north of New York City. The median home price there is an obscene $4.14 million.

It would have been even higher, but home prices in that very exclusive neighborhood have dropped by 23 percent in the past year.

Shocking. Simply shocking.

 

Comments (3)
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Alpine's population is about 2,500; that's a street in backcountry Greenwich, New Canaan or a neighbourhood in Darien. You cant compare the Gold Coast with some flashy NJ towns.
Posted by Sebastian on 9.8.09 at 19.20
baba booey! baba booey!
Posted by charlie harely on 9.11.09 at 11.05
Hey baba booey, what's in yo' mouff if deez nuts are on your chin?
Posted by Deez Nutts on 9.11.09 at 11.13
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