From the White House to the halls of Congress, U.S. government officials have responded to the death of Nelson Mandela with a hail of testimonials to the late South African presidentâs leadership in the struggle for freedom and human rights.
Measuring just one square mile, it is one of the wealthiest towns in the area--don't bother looking for a house under $1 million. Little surprise, then, that Belvedere is home to the most expensive residence on the market in California--and one of the priciest in the country. Locksley Hall, a 10,000-square-foot house that sits at the tip of Belvedere Island, can be yours for $65 million.
As shown in Figure 2, for example, home prices in Californiaâs most expensive metropolitan area (or âmetroâ), San Francisco, are more than double the state average and about six times higher than Bakersfield, the stateâs least expensive metro.s shown in Figure 1, home prices in California are much higher than they are in other large states. (Among all states, only Hawaii is more expensive, on average, than California.) As of earlyâ2015, the typical California home cost $437,000, more than double the typical U.S. home ($179,000).