ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Redfin Report: The 10 Most Expensive Home Listings in the U.S.

Coastal Florida and Southern California dominate the list of the nation’s most expensive homes for sale

(NASDAQ: RDFN) — Half of the nation’s 10 most expensive home listings are in coastal Florida, three are in Southern California, one is in New York City and one is in Lake Tahoe. That’s according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. All 10 listings are asking more than $100 million—and two are asking more than $200 million.

Though many Florida residents are grappling with the increasing frequency of natural disasters and soaring home insurance costs, many affluent Americans are attracted to beachfront Florida, which is known for its luxurious lifestyle, warm weather and lack of a state income tax. Florida dominates the list of most expensive listings because some Florida towns, including Miami Beach and Naples, are home to extravagant beachfront estates and upscale communities that cater to ultra-wealthy people. Los Angeles and New York are also home to an outsized number of millionaires and billionaires.

These are the 10 most expensive active listings in the U.S.:

  1. 1960 S. Ocean Blvd., Manalapan, FL 33462: Listed for $285 million
  2. 100 Bay Road, Naples, FL 34102: Listed for $210 million
  3. 1261 Angelo Dr., Beverly Hills, CA 90210: Listed for $195 million
  4. 1949 Glenbrook Inn Rd., Glenbrook, NV 89413: Listed for $188 million
  5. 2200 Gordon Dr., Naples, FL 34102: Listed for $175 million
  6. 190 Palm Ave., Miami Beach, FL 33139: Listed for $150 million
  7. 217 W. 57th St., Units 217 and 218, New York, NY 10019: Listed for $150 million
  8. 31062 Casa Grande Dr., San Juan Capistrano, CA 92675: Listed for $150 million
  9. 594 S. Mapleton Dr., Los Angeles, CA 90024: Listed for $137.5 million
  10. 3585 Anchorage Way, Miami, FL 33133: Listed for $135 million

Most Expensive Sales of January: New York Penthouses, Aspen Ski Cabins

Redfin also took a look at the homes that fetched the highest sale prices last month. Coastal Florida was home to three of January’s most expensive sales, and another three were in Manhattan. Two sales in Los Angeles and two in Aspen, CO round out the top 10.

A floor in an apartment building on 5th Avenue in New York was the biggest sale of the month, going for $53.5 million, followed by an estate in Naples, FL that fetched $50.5 million.

These are the 10 most expensive U.S. home sales of January:

  1. 960 5th Ave. #12, New York, NY 10075: Sold for $53.5 million
  2. 16171 Quiet Vista Circle, Delray Beach, FL 33446: Sold for $50.5 million
  3. 217 W. 57th St. #120, New York, NY 10019: Sold for $45.4 million
  4. 3035 Fort Charles Dr., Naples, FL 34102: Sold for $43.1 million
  5. 532 E. Hopkins Ave., Units A and B, Aspen, CO 81611: Sold for $39.5 million
  6. 1 W. Century Dr. Penthouse 39, Los Angeles, CA 90067: Sold for $39.1 million
  7. 320 S. Beach Rd., Jupiter Island, FL 33455: Sold for $39 million
  8. 530 S. Mapleton Dr., Los Angeles, CA 90024: Sold for $36 million
  9. 220 Central Park S. Unit 55B, New York, NY 10019: Sold for $35 million
  10. 844 Roaring Fork Rd., Aspen, CO 81611: Sold for $32 million

To view the full report, please visit: https://www.redfin.com/news/most-expensive-home-listings-florida-california

About Redfin

Redfin (www.redfin.com) is a technology-powered real estate company. We help people find a place to live with brokerage, rentals, lending, and title insurance services. We run the country's #1 real estate brokerage site. Our customers can save thousands in fees while working with a top agent. Our home-buying customers see homes first with on-demand tours, and our lending and title services help them close quickly. Our rentals business empowers millions nationwide to find apartments and houses for rent. Since launching in 2006, we've saved customers more than $1.6 billion in commissions. We serve approximately 100 markets across the U.S. and Canada and employ over 4,000 people.

Redfin’s subsidiaries and affiliated brands include: Bay Equity Home Loans®, Rent.™, Apartment Guide®, Title Forward® and WalkScore®.

For more information or to contact a local Redfin real estate agent, visit www.redfin.com. To learn about housing market trends and download data, visit the Redfin Data Center. To be added to Redfin's press release distribution list, email press@redfin.com. To view Redfin's press center, click here.

Contacts

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.