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

New Listing - 3 weeks online
$2,999,000
Single Family Home For Sale
Active
4
BEDS
8
TOTAL BATHS
5,800
SQFT
1226 Miracle Ln
Fort Myers, FL 33901
BECKLERS RIVERSIDE ADD Subdivision
$579,000
Single Family Home For Sale
Active
3
BEDS
3
TOTAL BATHS
2,006
SQFT
1235 Osceola Dr
Fort Myers, FL 33901
RIVERSIDE Subdivision
$15,950,000
Single Family Home For Sale
Active
6
BEDS
14
TOTAL BATHS
10,493
SQFT
1240 Coconut Dr
Fort Myers, FL 33901
PALM GARDENS Subdivision
Price Change - yesterday
$799,999
Single Family Home For Sale
Active
4
BEDS
3
TOTAL BATHS
4,741
SQFT
1264 Caloosa Dr
Fort Myers, FL 33901
RIVERSIDE Subdivision
$799,000
Single Family Home For Sale
Pending With Contingencies
5
BEDS
5
TOTAL BATHS
4,320
SQFT
1254 Braman Ave
Fort Myers, FL 33901
BECKLERS RIVERSIDE ADD Subdivision
$459,500
Single Family Home For Sale
Pending With Contingencies
3
BEDS
4
TOTAL BATHS
2,582
SQFT
3335 Avocado Dr
Fort Myers, FL 33901
RIVERSIDE Subdivision
$799,900
Single Family Home For Sale
Pending With Contingencies
4
BEDS
4
TOTAL BATHS
4,347
SQFT
1323 Florida Ave
Fort Myers, FL 33901
YORK MANOR Subdivision
$625,000
Single Family Home For Sale
Pending With Contingencies
3
BEDS
3
TOTAL BATHS
3,030
SQFT
1225 Wales Dr
Fort Myers, FL 33901
BURTWOOD Subdivision
$499,000
Single Family Home For Sale
Pending With Contingencies
4
BEDS
2
TOTAL BATHS
2,747
SQFT
1300 Shadow Ln
Fort Myers, FL 33901
COUNTRY CLUB ESTATES Subdivision
Price Change - a week ago
$659,000
Single Family Home For Sale
Pending
5
BEDS
5
TOTAL BATHS
3,684
SQFT
1320 Alcazar Ave
Fort Myers, FL 33901
VALENCIA TERRACE Subdivision
$539,900
Single Family Home For Sale
Pending With Contingencies
4
BEDS
3
TOTAL BATHS
2,596
SQFT
1362 Miracle Ln
Fort Myers, FL 33901
BECKLERS RIVERSIDE ADD Subdivision
$2,199,000
Single Family Home For Sale
Pending With Contingencies
4
BEDS
8
TOTAL BATHS
5,127
SQFT
1130 Tipton Ct
Fort Myers, FL 33901
FORT MYERS Subdivision
$1,199,000
Single Family Home For Sale
Pending With Contingencies
4
BEDS
6
TOTAL BATHS
4,889
SQFT
1370 Gasparilla Dr
Fort Myers, FL 33901
FORT MYERS Subdivision
Price Change - 2 weeks ago
$319,000
Single Family Home For Sale
Active
3
BEDS
2
TOTAL BATHS
1,764
SQFT
3472 Mcgregor Blvd
Fort Myers, FL 33901
YORK MANOR Subdivision
Price Change - 2 weeks ago
$799,000
Single Family Home For Sale
Active
4
BEDS
6
TOTAL BATHS
3,404
SQFT
1354 Almeria Ave
Fort Myers, FL 33901
VALENCIA TERRACE Subdivision
$825,000
Single Family Home For Sale
Pending With Contingencies
6
BEDS
7
TOTAL BATHS
4,286
SQFT
3706 Oxford St
Fort Myers, FL 33901
BURTWOOD Subdivision
$269,900
Single Family Home For Sale
Pending With Contingencies
3
BEDS
2
TOTAL BATHS
1,526
SQFT
1422 Braman Ave
Fort Myers, FL 33901
FRANCIS J C SUBD Subdivision
Price Change - a week ago
$799,000
Single Family Home For Sale
Active
3
BEDS
4
TOTAL BATHS
2,519
SQFT
1388 Shadow Ln
Fort Myers, FL 33901
COUNTRY CLUB ESTATES Subdivision
$229,000
Single Family Home For Sale
Pending With Contingencies
2
BEDS
2
TOTAL BATHS
1,080
SQFT
1461 Maravilla Ave
Fort Myers, FL 33901
ALLEN PARK Subdivision
$444,900
Single Family Home For Sale
Pending
3
BEDS
3
TOTAL BATHS
1,909
SQFT
1446 Paloma Dr
Fort Myers, FL 33901
ALLEN COURT Subdivision

New Listing - a week online
$899,000
Land For Sale
Active
8.11
ACRES
LEE
COUNTY
1455 Lockwood Dr
Fort Myers, FL 33916
FORT MYERS Subdivision
$1,590,000
Land For Sale
Active
5.1
ACRES
LEE
COUNTY
4011 Colonial Blvd
Fort Myers, FL 33966
NOT APPLICABLE Subdivision
$10,950,000
Land For Sale
Active
40.4
ACRES
LEE
COUNTY
3970 Colonial Blvd
Fort Myers, FL 33966
FORT MYERS Subdivision
New Listing - 7 days online
$1,300,000
Single Family Home For Sale
Active
2
BEDS
2
TOTAL BATHS
2,783
SQFT
7200 Carousel Ln
Fort Myers, FL 33966
FORT MYERS Subdivision
$949,000
Single Family Home For Sale
Active
3
BEDS
4
TOTAL BATHS
3,746
SQFT
11730 Ranchette Rd
Fort Myers, FL 33966
ACREAGE Subdivision
$1,300,000
Land For Sale
Active
5
ACRES
LEE
COUNTY
1590 Judd Rd
North Fort Myers, FL 33903
ACREAGE Subdivision
$1,650,000
Land For Sale
Pending With Contingencies
6.1376
ACRES
LEE
COUNTY
760 NE 19th Pl
Cape Coral, FL 33909
CAPE CORAL Subdivision
$2,250,000
Land For Sale
Active
8.3605
ACRES
LEE
COUNTY
2400 Diplomat Pky E
Cape Coral, FL 33909
CAPE CORAL Subdivision
Foreclosure
$265,000
Land For Sale
Pending
10.825
ACRES
LEE
COUNTY
7396 Coon Rd
North Fort Myers, FL 33917
 
$2,335,000
Land For Sale
Active
5.3559
ACRES
LEE
COUNTY
927 Santa Barbara Blvd
Cape Coral, FL 33991
CAPE CORAL Subdivision
$674,900
Land For Sale
Active
25.53
ACRES
LEE
COUNTY
4640 Dor Lee Ln
North Fort Myers, FL 33917
NORTH FORT MYERS Subdivision
New Listing - 2 weeks online
$349,500
Single Family Home For Sale
Active
3
BEDS
2
TOTAL BATHS
1,420
SQFT
2300 10/2 Twin Brooks Rd
North Fort Myers, FL 33917
CREEK BED ESTATES Subdivision
$849,500
Land For Sale
Active
10.8
ACRES
LEE
COUNTY
1413, 1423, 1427 & 1445 Laurel Dr
North Fort Myers, FL 33917
NORTH FORT MYERS Subdivision
$359,500
Land For Sale
Active
5
ACRES
LEE
COUNTY
1445 Laurel Dr
North Fort Myers, FL 33917
NORTH FORT MYERS Subdivision
$6,500,000
Land For Sale
Active
15
ACRES
LEE
COUNTY
2525 SW 3rd Ave
Cape Coral, FL 33914
CAPE CORAL Subdivision
$609,000
Single Family Home For Sale
Active
3
BEDS
2
TOTAL BATHS
1,260
SQFT
13950 Freshman Ln
Fort Myers, FL 33912
FORT MYERS Subdivision
Price Change - 2 weeks ago
$499,000
Land For Sale
Active
6.12
ACRES
LEE
COUNTY
2830-2880 Tamiami Trl
North Fort Myers, FL 33903
NOT APPLICABLE Subdivision
$5,000,000
Land For Sale
Active
34.7
ACRES
LEE
COUNTY
Beautiful Island
Fort Myers, FL 33905
FORT MYERS Subdivision
$2,495,000
Land For Sale
Active
6.94
ACRES
LEE
COUNTY
1111 SW Pine Island Rd
Cape Coral, FL 33991
CAPE CORAL Subdivision
$474,900
Mobile Home For Sale
Pending With Contingencies
4
BEDS
2
TOTAL BATHS
1,976
SQFT
17840 Shelby Ln
North Fort Myers, FL 33917
NOT APPLICABLE Subdivision
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