Homes.com Maps July Luxury Sales From $130 Million in Los Angeles to $3.7 Million in Cleveland
Updated
Updated · Yahoo Finance · Aug 24
Homes.com Maps July Luxury Sales From $130 Million in Los Angeles to $3.7 Million in Cleveland
3 articles · Updated · Yahoo Finance · Aug 24
Summary
$130 million was July's priciest publicly marketed U.S. home sale, with a Bel Air estate in Los Angeles sold at a foreclosure auction, while Cleveland's top sale was $3.72 million.
Homes.com's MLS-based roundup across major metros showed New York City at $47 million, Phoenix at $40.2 million and Miami-Dade at $40 million, underscoring wide gaps in local luxury ceilings.
Four markets—Los Angeles, Miami, New York and Phoenix—also had fifth-highest sales above $10 million, and the spread between their top and fifth deals was at least $16 million; Miami's top five ranged from $24 million to $40 million.
The analysis covers only publicly marketed MLS transactions, excluding many private off-market luxury deals, while Houston and Dallas were assessed by listing price because Texas does not disclose sale prices.