The 25 most expensive housing markets in America

It may come as no surprise to hear that California is where you can find some of the most expensive homes in America.

Coldwell Banker's annual $4 compares the average listing price for four-bedroom, two-bathroom homes across 2,700 US real estate markets.

This year's report analyzed more than 81,000 similar-sized homes and found that half of the top 100 most expensive housing markets in the country were in California, including nine of the top 10.

Newport Beach, California, where a four-bedroom home lists, on average, for $2.29 million, topped Coldwell Banker's $4 for 2015.

We've rounded up the top 25 most expensive housing markets, as well as a typical four-bedroom home you might find in each.