Real Estate: The best - and the worst - of 2007

It was a brutal year for housing - but not all markets are ailing.

Top 5 most expensive housing markets
City Average price
Beverly Hills, CA $2,206,883
Greenwich, CT $2,018,750
La Jolla, CA $1,800,000
Santa Monica, CA $1,785,000
Palo Alto, CA $1,687,000
Source: Coldwell Banker
Most expensive market
Beverly Hills, Calif.
Key stat: An "executive-type" four-bedroom, 2,200-square-foot home in Beverly Hills costs $2.2 million.

Beverly Hills, the most expensive housing market in the nation, according to the Coldwell Banker Home Price Comparison Index, has been synonymous with wealth for decades. Film stars, software moguls and sportswear execs share its streets with millionaire merchants, oil sheiks and exclusive plastic surgeons.

Last updated December 28 2007: 2:29 PM ET
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Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.