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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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer.

Morningstar: © 2014 Morningstar, Inc. All Rights Reserved.

Factset: FactSet Research Systems Inc. 2014. All rights reserved.

Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.

Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2014 and/or its affiliates.