Coronado Among Most Expensive ZIP Codes During Pandemic

SAN DIEGO COUNTY, CA — Four ZIP codes in San Diego County — including 92118 in Coronado — are among the most expensive American ZIP codes during the coronavirus pandemic.

Property Club, a New York City-based real estate company, looked at all residential sales nationwide between March 13 and Sept. 7 to determine the 125 priciest ZIP codes of the pandemic thus far.

The top two in the nation are both in California, with Atherton (94027) coming in at No. 1 with a median home sale price of nearly $6.7 million, and Beverly Hills (90210) at No. 2 with a $4.08 million median home sale price.

"The biggest surprise was that no urban city ZIP codes were in the top 10," Andrew Weinberger, CEO of Property Club, told Patch. "It's particularly astounding because when looking at historical numbers, you'll see multiple New York City ZIP codes near the top.”"

Atherton has been the highest-priced ZIP code "consistently" when looking at previous similar ZIP codes, Weinberger said. But he says the pandemic has had a noticeable impact on others that made the list.

"For example, here we see more Long Island ZIP codes on the list than New York City," he said. "Normally, you'd expect places like Manhattan and San Francisco to have more."

"We're also seeing more ZIP codes near the sea and the mountains. It's the first time we’ve seen a Lake Tahoe ZIP code in any top 10."

More than two-thirds of the priciest ZIP codes identified are in California; all on the list are spread across only 15 states; and 18 continue to hold a median sale price of over $3 million, according to other "key findings" identified by the researchers.

ZIP codes with fewer than five closed sales between the study time frame were not considered, the methodology states.

These are the most expensive ZIP codes in San Diego County:

• 92067 in Rancho Santa Fe ranked 28th with a 2020 median sale price of $2.695 million
• 92118 in Coronado ranked 81st with a 2020 median sale price of $1.817 million
• 92014 in Del Mar ranked 96th with a 2020 median sale price of $1.7 million
• 92037 in La Jolla ranked 110th with a 2020 median sale price of $1.619 million