18. Santa Barbara, $1,061,475

It's no palace -- and it's not even in Santa Barbara. This "Old Country Montecito" property was the closest listing we could find to the sample size, location and price range of the Coldwell Banker study. This is what $1,199,000 will get you if you want at least four bedrooms in the Santa Barbara area.

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2. Newport Beach, $1,773,824
1. Malibu, $2,155,900
33. Irvine, $830,292
49. Long Beach, $742,591
36. Costa Mesa, $808,461
26. Huntington Beach, $874,908
14. Pasadena, $1,092,087
6. Top Sellers Market: Los Angeles
Hottest House on the Venice Canals
On the Street Where Jannone Lived

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