Love looking at the latest million-dollar homes? Wondering where the most expensive real estate is hiding out these days? It’s probably in a lot of places you’re already looking.
These places have some of the most luxurious markets for real estate. If you love a good home tour, you’ll be drooling at some of the options these locations pull up.
1. San Francisco
While many might assume billionaires are off on exotic islands far from the US, you can find some in San Francisco. The housing market has only gone up over the last few years and if you’re looking for luxury real estate, look no further.
With views of the bay being sold for millions, there are all kinds of structures up for sale. The going rate is about $1,150 for square feet. Whether you’re buying a new house or trying to familiarize yourself with how high the market can go, San Francisco is a beautiful place to start.
Colorado has an incredible amount to offer from the mountains to the people, and Denver is at the center of it all. You can also explore the luxury home markets around the area like that of Colorado Springs, which is definitely one to watch.
Many people will vacation in Colorado and end up making it home due to the great space and outdoor access. There are also more than just Colorado Springs nearby to explore, so keep your eye on this market in the next year.
3. Los Angeles
LA has always been the place to be, and that includes being a real estate agent. If you want to get into the luxury real estate game there is no better place. With the celebrity status of the city itself and all the possible clients, there are plenty of properties needing to be bought or sold for huge sums.
California has an incredible amount of expensive real estate to explore, and places like La Jolla real estate make it easy to see many spots in one place. You don’t have to stay in LA for luxury markets anymore.
4. New York City
The magic of New York City continues to draw in new residents and be a hub for artists and business leaders alike. In 2019 it’s said a luxury penthouse sold for around $238 million, and if that doesn’t say luxury real estate nothing will.
The real estate of New York City has not slowed down in its prices or its fashion. The places become grander and more expensive as the city does.
Looking for a less hot coastal city with some mountain access and a beautiful drive by the beach? Seattle is coming up in luxury home markets and has some incredible homes and apartments entering the scene.
This market might not be one you’d expect, but it’s definitely one to watch. The whole of King County has grown and that includes the luxury real estate department.
Expensive Real Estate
Real estate markets are in constant flux, and sometimes it’s hard to predict a new hotspot. But these markets for expensive real estate won’t be going anywhere anytime soon.
So if you want to live the true life of luxury, give one of these spots a chance. And if you want more interesting tips, keep reading!