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American Dream homes: Prices in 9 cities

According to Coldwell Banker, Americans aspire to own a four-bedroom, two-bath home with roughly 2,200 square feet of space. What you'll pay, however, varies dramatically: from an average of $60,000 in Redford, Mich., to $1.7 million in Los Altos, Calif.

Los Altos, Calif.

gallery american dream homes los altos
  • Average listing price in area: $1.71 million
  • This home: $1.69 million
  • Description: 4 beds, 3 baths; 2,850 square feet

Los Altos means "The Heights" in Spanish, an apt name for one of the priciest housing markets in the country.

In this Silicon Valley enclave, a typical four-bedroom costs more than $1.7 million, according to Coldwell Banker's annual Home Listing Report.

But you won't find anything too lavish or overly flamboyant for those prices. You're getting Midwestern-type charm with a California accent, said Budge Huskey, president of Coldwell Banker Real Estate.

This home, which went on the market in July, offers plenty of handcrafted touches, including vaulted wood ceilings, cork floors and nice built-ins. There are also large windows with views of the private, one-acre yard that is studded with trees.

For further information: Trulia

Source: Coldwell Banker
  @CNNMoney - Last updated December 13 2012 07:03 PM ET

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