Northern California Dominates the Most Expensive Property Markets, Rust Belt the Most Affordable

The San Francisco Bay Area was prominently featured on Business Insider’s list of the most expensive property markets in the United States.  The city of Saratoga, CA, which is about 52-miles south of San Francisco topped the list with an average home price of of $2.4 million.  The list included several other cities in Silicon Valley as well as Southern California, Washington State, Massachusetts and Connecticut.

On the opposite end of the spectrum, Detroit, MI ranked first in the most affordable property market category with an average home price of $64K.  Other affordable markets on the list, include Cleavland, OH and other cities around the rust belt and in the South.