Existing home sales dip, but prices vary wildly. Top 5 most, least expensive cities.

4. Rancho Palos Verdes, Calif. – $1,312,538

Branimir Kvartuc/ZUMA Press/Newscom/File
The rugged coastline at Inspiration Point in the Palos Verdes region of California is pictured in this 2003 file photo. One of the communities in the area, Rancho Palos Verdes, has the nation's fourth-highest listing prices for four-bedroom homes.

Down the coast from Saratoga in suburban Los Angeles, this affluent suburb offers views of the Pacific Ocean, a Frank Lloyd Wright-designed chapel, and some of the best public schools in the US. It is also home to the Portuguese Bend landslide, one of the nation’s largest continuously moving geographic formations.

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