Hello Mani and thanks for your post.
If you are referring to the actual architectural style of modern/contemporary, characterized by a proliferation of glass, often steel or metal framing, and non-traditional roof lines and exteriors with both vertical and horizontal elevations favoring sloped or rounded lines rather than "straight" lines for anything under $2 or 3 million, you may find that it is difficult (nee "impossible") to locate such a home. True contemporary home designs are often custom houses and, as such, as far more difficult to find.
If your price range does not accommodate a custom built property, then you will most likely find homes that either "ranch" (for older homes) or, in the new homes market, you'll mostly likely see a style that developers have dubbed "California Spanish" or "California Contemporary." Neither styles are truly 'contemporary" from a design standpoint, but it is the type of home most buyers prefer.
To find a great home in both your price range and meeting your specific design and tastes, talk with a qualified agent in your area. Good luck!!
Grace Morioka, SRES
Area Pro Realty