According to Forbes.com, Fisher Island FL(33109) and Alpine N.J. (907620) tied for first place in their list of 500 most expensive zip codes in the U.S.
“Fisher Island, a man-made body of land named after developer Carl Fisher, is just as luxe. It teems with large waterfront mansions and boasts an impressive country club. It boasts a median income of $200,000 and residents including mutual fund manager Martin Zweig and Vector Group Chief Bennett Le Bow“.
It really does not surprise me that such an exclusive community would surpass New Jersey’s celebrity haven. Fisher Island is an exclusive community that has not been affected by the down real estate market as other areas around the nation. The following graphs will show you an upward trend in prices since 2005, although the time on the market has increased (from an average of 95 days in 2005 to 135 in 2006 and 199 in 2007), sales are still strong.
I am a bit biased when it comes to Fisher Island, because it’s an amazing place with total privacy and you feel like you are in a different world. Take a look at www.FisherIslandDrive.com to get an idea of a typical listing.