The 20 areas with the highest average home price

Mboy1231/Wikipedia

By Prashant Gopal

The 20 areas with the highest average home price

Even mighty enclaves of the rich and privileged have taken hits in this housing market. The average selling price in Greenwich, Conn. is down 11%, and in Beverly Hills, Calif. it's off 19%

Editor's Note: The index compares values in various cities for 2,200-square-foot single-family homes with four bedrooms, 2.5 baths, a family room, and a two-car garage. Source: Coldwell Banker Home Price Comparison Index.