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There were more than 200 sales in the top 15 ZIP codes for homes priced at $10 million or more in 2012, and the megahome market shows no signs of slowing.

The homes shown here—with prices ranging from $12 million to $75 million—illustrate the offerings in and around the towns with the largest number of listings: Malibu and Beverly Hills in California, followed by Aspen, Colo.

By Robert Frank and Paul O'Donnell

Source: Christie's International Real Estate