Wealthy homebuyers in search of ultra-luxury property should focus on the coastal Florida and Southern California markets, according to a new data report from Redfin (NASDAQ: RDFN).
The regional dominance of Florida and California in the ultra-luxury sector might be surprising, considering the two states have endured a surplus number of natural disasters and excessively elevated home insurance costs. Nonetheless, this has not deterred buyers who don’t break a sweat in acquiring residences for nine-digit figures.
The 10 most expensive active US listings are:
- 1960 S. Ocean Blvd., Manalapan, Florida 33462: Listed for $285 million
- 100 Bay Road, Naples, Florida 34102: Listed for $210 million
- 1261 Angelo Dr., Beverly Hills, California 90210: Listed for $195 million
- 1949 Glenbrook Inn Rd., Glenbrook, Nevada 89413: Listed for $188 million
- 2200 Gordon Dr., Naples, Florida 34102: Listed for $175 million
- 190 Palm Ave., Miami Beach, 33139: Listed for $150 million
- 217 W. 57th St., Units 217 and 218, New York City 10019: Listed for $150 million
- 31062 Casa Grande Dr., San Juan Capistrano, California 92675: Listed for $150 million
- 594 S. Mapleton Dr., Los Angeles 90024: Listed for $137.5 million
- 3585 Anchorage Way, Miami 33133: Listed for $135 million
Redfin also took a look at the homes generated the highest sale prices during January. The 10 most expensive home sales last month involved the following properties:
- 960 Fifth Ave. #12, New York City 10075: Sold for $53.5 million
- 16171 Quiet Vista Circle, Delray Beach, Florida 33446: Sold for $50.5 million
- 217 W. 57th St. #120, New York City 10019: Sold for $45.4 million
- 3035 Fort Charles Dr., Naples, Florida 34102: Sold for $43.1 million
- 532 E. Hopkins Ave., Units A and B, Aspen, Colorado 81611: Sold for $39.5 million
- 1 W. Century Dr. Penthouse 39, Los Angeles 90067: Sold for $39.1 million
- 320 S. Beach Rd., Jupiter Island, Florida 33455: Sold for $39 million
- 530 S. Mapleton Dr., Los Angeles 90024: Sold for $36 million
- 220 Central Park S. Unit 55B, New York City 10019: Sold for $35 million
- 844 Roaring Fork Rd., Aspen, Colorado 81611: Sold for $32 million
Photo: 1960 S Ocean Blvd, Manalapan, Florida, courtesy of Redfin
