Cities With the Most Expensive Real Estate

Expensive Real Estate

The world has rapidly urbanized within the last 100 years. In fact, the percentage of the world’s population living in cities has exploded past 50 percent in recent years as people move into urban areas away from rural ones. While most of the world, including America, traditionally lived in close-knit agrarian communities, technology and economic pressures have caused a dramatic shift in favor of life in the big city. With that growth has come increased prices for real estate in high-value areas. Real estate pricing is an important issue for economic health as it often prevents much-needed talent from affording the cost of living in the cities. Here are a few examples of cities with the most expensive real estate and how they got that way.

Cities With the Most Expensive Real Estate: Seattle

As the biggest city in the Pacific Northwest and home to giant corporations like Starbucks and others, Seattle is a hot place to live, especially for young professionals. The high quality of life in the city, relatively low crime rate, and generous social programs put it at the top of many people’s destination lists. However, with this popularity comes higher real estate prices. According to the YWCA, many housing experts cite the city’s massive population growth combined with the limited construction of new homes or the development of new areas in the city as reasons for the expensive real estate.

San Francisco

Arguably no city has a bigger real estate pricing crisis than the city by the bay. According to Callaway & Wolf, San Francisco crams nearly a million people into less than fifty square miles. As the home of tech giants Facebook and Twitter, among many other upstart tech firms, San Francisco houses one of the wealthiest and most well-educated populations in the world. This higher income of residents has contributed to the skyrocketing real estate costs, as has the lack of new housing.

Cities With the Most Expensive Real Estate: Washington, D.C.

The nation’s capital is home to nearly all the important federal agencies that employ millions of middle-class Americans. This large workforce has only grown recently with the expansion of the government’s activities. This growth has posed challenges for the city’s managers who now face a real estate crisis in their backyard.

These cities will likely continue to see increases in their housing costs as they continue to grow and attract more middle-class competition for housing. It’s important at times like these to be able to have a great real estate agent who can get you the best deals for any property you might want to buy.

If you want help finding your dream home, whethere it is the most expensive real estate or not, contact us to make an appointment with one of our stellar real estate agents!

 Steelbridge Realty LLC  is a Licensed Real Estate Brokerage that utilizes cutting-edge marketing techniques and data-driven Real Estate solutions in today’s ever-changing environment. Our group of professionals have decades of experience and have navigated through many business cycles. Our diverse background gives us the tools to guide people towards successful decisions.

 



See below to see some of the most expensive real estate in Lee County Florida

$5,600,000
Single Family Home For Sale
Pending
5
BEDS
6
TOTAL BATHS
7,000
SQFT
3336 West Riverside Dr
Fort Myers, FL 33901
Riverside Subdivision
New Listing - a week online
$1,795,000
Land For Sale
Active
0.4175
ACRES
LEE
COUNTY
3508 Stuart Ct
Fort Myers, FL 33901
York Manor Subdivision
$5,800,000
Land For Sale
Active
1.3945
ACRES
LEE
COUNTY
1215 & 1233 Braman Ave
Fort Myers, FL 33901
Fort Myers Subdivision
$15,950,000
Single Family Home For Sale
Active
4
BEDS
9
TOTAL BATHS
10,033
SQFT
1240 Coconut Dr
Fort Myers, FL 33901
Palm Gardens Subdivision
New Listing - 2 weeks online
$890,000
Single Family Home For Sale
Active
3
BEDS
3
TOTAL BATHS
3,467
SQFT
1249 Osceola Dr
Fort Myers, FL 33901
Riverside Subdivision
$750,000
Single Family Home For Sale
Pending With Contingencies
4
BEDS
2
TOTAL BATHS
2,173
SQFT
1250 Braman Ave
Fort Myers, FL 33901
Becklers Riverside Add Subdivision
$2,450,000
Single Family Home For Sale
Pending With Contingencies
3
BEDS
4
TOTAL BATHS
3,138
SQFT
1209 Coconut Dr
Fort Myers, FL 33901
Fort Myers Subdivision
New Listing - 2 weeks online
$1,595,000
Single Family Home For Sale
Active
4
BEDS
5
TOTAL BATHS
3,848
SQFT
1266 Gasparilla Dr
Fort Myers, FL 33901
York Manor Subdivision
Price Change - 19 hours ago
$620,000
Single Family Home For Sale
Active
3
BEDS
3
TOTAL BATHS
2,503
SQFT
1362 Braman Avenue
Fort Myers, FL 33901
Becklers Riverside Add Subdivision
$1,995,000
Single Family Home For Sale
Active
4
BEDS
4
TOTAL BATHS
4,684
SQFT
3232 Mcgregor Blvd
Fort Myers, FL 33901
Riverside Subdivision
New Listing - 3 days online
$1,377,000
Single Family Home For Sale
Active
4
BEDS
4
TOTAL BATHS
3,589
SQFT
1344 Shadow Ln
Fort Myers, FL 33901
Country Club Estates Subdivision
$475,000
Single Family Home For Sale
Pending
4
BEDS
2
TOTAL BATHS
2,542
SQFT
1377 Coconut Dr
Fort Myers, FL 33901
Palm Gardens Subdivision
Price Change - 3 days ago
$650,000
Single Family Home For Sale
Active
4
BEDS
4
TOTAL BATHS
1,950
SQFT
1250 Sunbury Dr
Fort Myers, FL 33901
La Chelle Manor Subdivision
$6,000,000
Single Family Home For Sale
Active
5
BEDS
5
TOTAL BATHS
7,719
SQFT
2844 Valencia Way
Fort Myers, FL 33901
Lynns Add Subdivision
New Listing - 7 hours online
$989,000
Single Family Home For Sale
Active
3
BEDS
3
TOTAL BATHS
2,829
SQFT
1388 Shadow Ln
Fort Myers, FL 33901
Country Club Estates Subdivision
Price Change - 2 weeks ago
$499,000
Single Family Home For Sale
Active
3
BEDS
4
TOTAL BATHS
1,784
SQFT
1414 Alhambra Dr
Fort Myers, FL 33901
Fort Myers Subdivision
New Listing - 3 weeks online
$5,900,000
Single Family Home For Sale
Active
5
BEDS
6
TOTAL BATHS
5,093
SQFT
3914 W Riverside Dr
Fort Myers, FL 33901
Fort Myers Subdivision
Price Change - 4 days ago
$1,385,000
Single Family Home For Sale
Active
4
BEDS
4
TOTAL BATHS
4,848
SQFT
1434 Alhambra Dr
Fort Myers, FL 33901
Palm Gardens Subdivision
New Listing - 4 weeks online
$3,500,000
Single Family Home For Sale
Pending With Contingencies
5
BEDS
6
TOTAL BATHS
3,470
SQFT
3954 W Riverside Dr
Fort Myers, FL 33901
Seminole Estates Subdivision

New Listing - a week online
$140,000
Condo For Sale
Pending
2
BEDS
2
TOTAL BATHS
1,250
SQFT
Villa Capri Condominium #N4
2828 Jackson St N4
Fort Myers, FL 33901
$35,000,000
Land For Sale
Active
75.76
ACRES
LEE
COUNTY
3001 Veterans Pky
Cape Coral, FL 33993
Cape Coral Subdivision
New Listing - 3 weeks online
$825,000
Land For Sale
Active
11.27
ACRES
LEE
COUNTY
2200 Jaylen Watkins St
Fort Myers, FL 33916
Harlem Lake Subdivision
$8,995,000
Land For Sale
Pending With Contingencies
8.37
ACRES
LEE
COUNTY
3479 Hancock Bridge Pky
North Fort Myers, FL 33903
North Fort Myers Subdivision
$1,100,000
Single Family Home For Sale
Pending
3
BEDS
2
TOTAL BATHS
2,330
SQFT
10790 Bromley Ln
Fort Myers, FL 33966
Fort Myers Subdivision
$1,600,000
Land For Sale
Active
5
ACRES
LEE
COUNTY
1590 Judd Rd
North Fort Myers, FL 33903
Acreage Subdivision
$3,200,000
Land For Sale
Active
7.5
ACRES
LEE
COUNTY
14710 N Cleveland Ave
North Fort Myers, FL 33903
Mariana Park Subdivision
$3,900,000
Land For Sale
Active
8.03
ACRES
LEE
COUNTY
2800 NE Pine Island Rd
North Fort Myers, FL 33903
Not Applicable Subdivision
$4,700,000
Commercial For Sale
Active
29.24
ACRES
LEE
COUNTY
1006 SE 4th Pl
Cape Coral, FL 33990
 
New Listing - a week online
$400,000
Condo For Sale
Pending With Contingencies
2
BEDS
2
TOTAL BATHS
1,285
SQFT
Town And River #313
4289 Mariner Way 313
Fort Myers, FL 33919
$3,500,000
Land For Sale
Active
5.3559
ACRES
LEE
COUNTY
927 Santa Barbara Blvd
Cape Coral, FL 33991
Cape Coral Subdivision
$1,249,000
Single Family Home For Sale
Pending With Contingencies
3
BEDS
3
TOTAL BATHS
2,600
SQFT
13250 Pinto Ln
Fort Myers, FL 33912
Colonial Ranchettes Unrecorded Subdivision Subdivision
$9,500,000
Land For Sale
Active
15
ACRES
LEE
COUNTY
2525 SW 3rd Ave
Cape Coral, FL 33914
Cape Coral Subdivision
$425,000
Single Family Home For Sale
Pending With Contingencies
1
BED
1
TOTAL BATH
900
SQFT
6900 Carmelita Dr
Fort Myers, FL 33905
Happy Bull Farms Subdivision
New Listing - 2 weeks online
$505,000
Land For Sale
Active
5.8
ACRES
LEE
COUNTY
16541 Shelby Ln
North Fort Myers, FL 33917
North Fort Myers Subdivision
$949,900
Commercial For Sale
Pending With Contingencies
5.22
ACRES
LEE
COUNTY
16521 Slater Rd
North Fort Myers, FL 33917
 
$2,500,000
Land For Sale
Pending With Contingencies
9.12
ACRES
LEE
COUNTY
7101 Ban Way
Fort Myers, FL 33907
Fort Myers Subdivision
New Listing - 2 weeks online
$1,500,000
Single Family Home For Sale
Active
4
BEDS
4
TOTAL BATHS
2,730
SQFT
6901 Louella Dr
Fort Myers, FL 33905
Happy Bull Farms Subdivision
$3,200,000
Commercial For Sale
Active
5
ACRES
LEE
COUNTY
409 SW Pine Island Rd
Cape Coral, FL 33991
 
New Listing - a week online
$980,000
Land For Sale
Active
5
ACRES
LEE
COUNTY
17051 Slater Rd
North Fort Myers, FL 33917
North Fort Myers Subdivision
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