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

$2,950,000
Single Family Home For Sale
Active
4
BEDS
6
TOTAL BATHS
5,800
SQFT
1226 Miracle Ln
Fort Myers, FL 33901
Fort Myers Subdivision
$2,499,000
Single Family Home For Sale
Pending
6
BEDS
6
TOTAL BATHS
6,450
SQFT
1230 Gasparilla Dr
Fort Myers, FL 33901
York Manor Subdivision
Price Change - 2 weeks ago
$999,000
Single Family Home For Sale
Pending With Contingencies
4
BEDS
4
TOTAL BATHS
5,130
SQFT
1255 Osceola Dr
Fort Myers, FL 33901
Fort Myers Subdivision
New Listing - 4 weeks online
$299,000
Land For Sale
Pending With Contingencies
0.241
ACRES
LEE
COUNTY
3651 Harold
Fort Myers, FL 33901
Fort Myers Subdivision
New Listing - 3 weeks online
$575,000
Single Family Home For Sale
Active
3
BEDS
3
TOTAL BATHS
2,584
SQFT
3284 Avocado Dr
Fort Myers, FL 33901
Riverside Subdivision
$1,375,000
Single Family Home For Sale
Pending With Contingencies
5
BEDS
5
TOTAL BATHS
5,138
SQFT
1323 Gasparilla Dr
Fort Myers, FL 33901
York Manor Subdivision
$1,649,000
Single Family Home For Sale
Active
4
BEDS
6
TOTAL BATHS
3,970
SQFT
1291 Caloosa Dr
Fort Myers, FL 33901
Riverside Subdivision
$699,900
Single Family Home For Sale
Pending With Contingencies
4
BEDS
3
TOTAL BATHS
3,568
SQFT
1240 Wales Dr
Fort Myers, FL 33901
Burtwood Subdivision
Price Change - 6 days ago
$619,900
Single Family Home For Sale
Pending
4
BEDS
3
TOTAL BATHS
2,596
SQFT
1362 Miracle Ln
Fort Myers, FL 33901
Becklers Riverside Add Subdivision
$849,000
Single Family Home For Sale
Pending With Contingencies
3
BEDS
4
TOTAL BATHS
3,005
SQFT
1372 Osceola Dr
Fort Myers, FL 33901
Riverside Subdivision
New Listing - 5 days online
$729,900
Single Family Home For Sale
Active
3
BEDS
3
TOTAL BATHS
2,706
SQFT
1383 Gasparilla Dr
Fort Myers, FL 33901
York Manor Subdivision
$495,000
Single Family Home For Sale
Active
2
BEDS
2
TOTAL BATHS
1,600
SQFT
1317 Sunbury Dr
Fort Myers, FL 33901
La Chelle Manor Subdivision
New Listing - 3 weeks online
$369,000
Single Family Home For Sale
Pending With Contingencies
2
BEDS
2
TOTAL BATHS
1,764
SQFT
1271 Burtwood Dr
Fort Myers, FL 33901
La Chelle Manor Subdivision
New Listing - a week online
$495,000
Single Family Home For Sale
Pending With Contingencies
3
BEDS
2
TOTAL BATHS
2,258
SQFT
1229 Morningside Dr
Fort Myers, FL 33901
Seminole Estates Subdivision
$336,900
Single Family Home For Sale
Pending With Contingencies
5
BEDS
3
TOTAL BATHS
1,720
SQFT
1521 Grace Ave
Fort Myers, FL 33901
Mcgregor Estates Subdivision
New Listing - 4 weeks online
$390,000
Single Family Home For Sale
Pending
4
BEDS
2
TOTAL BATHS
1,280
SQFT
1524 Braman Ave
Fort Myers, FL 33901
Francis J C Subd Subdivision
$2,950,000
Land For Sale
Active
1.1381
ACRES
LEE
COUNTY
1301 Poinciana Ave
Fort Myers, FL 33901
Poinciana Park Subdivision
Foreclosure
$324,900
Single Family Home For Sale
Active
2
BEDS
1
TOTAL BATH
975
SQFT
1533 Coconut Dr
Fort Myers, FL 33901
Coconut Grove Subdivision
New Listing - 4 weeks online
$319,000
Single Family Home For Sale
Pending
3
BEDS
2
TOTAL BATHS
1,050
SQFT
1575 Grace Ave
Fort Myers, FL 33901
Mcgregor Estates Subdivision
Price Change - 5 days ago
$394,000
Single Family Home For Sale
Active
4
BEDS
4
TOTAL BATHS
2,672
SQFT
1259 Carlene Ave
Fort Myers, FL 33901
Not Applicable Subdivision

$35,000,000
Land For Sale
Active
75.76
ACRES
LEE
COUNTY
3001 Veterans Pky
Cape Coral, FL 33993
Cape Coral Subdivision
Price Change - 3 weeks ago
$898,000
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
Pending
5.1
ACRES
LEE
COUNTY
4011 Colonial Blvd
Fort Myers, FL 33966
Not Applicable Subdivision
$10,950,000
Land For Sale
Pending
40.4
ACRES
LEE
COUNTY
3970 Colonial Blvd
Fort Myers, FL 33966
Fort Myers Subdivision
$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
$1,450,000
Single Family Home For Sale
Pending With Contingencies
6
BEDS
8
TOTAL BATHS
8,900
SQFT
10851 Deer Run Farms Rd
Fort Myers, FL 33966
Deer Run Farms Subdivision
New Listing - a week online
$299,900
Commercial For Sale
Active
9.158
ACRES
LEE
COUNTY
Confidential Summerlin Rd
Fort Myers, FL 33919
 
$1,300,000
Land For Sale
Active
5
ACRES
LEE
COUNTY
1590 Judd Rd
North Fort Myers, FL 33903
Acreage Subdivision
$1,525,000
Land For Sale
Active
6.2
ACRES
LEE
COUNTY
1109 & 1111 Pondella Rd E
Cape Coral, FL 33909
Cape Coral Subdivision
$1,375,000
Land For Sale
Pending With Contingencies
5.3
ACRES
LEE
COUNTY
6535 Winkler Rd
Fort Myers, FL 33919
Fort Myers Subdivision
$3,000,000
Land For Sale
Active
7.45
ACRES
LEE
COUNTY
2800 NE Pine Island Rd
North Fort Myers, FL 33903
Not Applicable Subdivision
Price Change - a week ago
$689,000
Single Family Home For Sale
Active
2
BEDS
2
TOTAL BATHS
1,500
SQFT
13000 Shetland Ln
Fort Myers, FL 33912
Colonial Ranchettes Unrecorded Subdivision Subdivision
$549,900
Single Family Home For Sale
Pending With Contingencies
6
BEDS
3
TOTAL BATHS
2,312
SQFT
5081 Tice St
Fort Myers, FL 33905
Not Applicable Subdivision
$6,500,000
Land For Sale
Active
15
ACRES
LEE
COUNTY
2525 SW 3rd Ave
Cape Coral, FL 33914
Cape Coral Subdivision
$949,900
Commercial For Sale
Active
5.22
ACRES
LEE
COUNTY
16521 Slater Rd
North Fort Myers, FL 33917
 
$2,500,000
Land For Sale
Active
9.12
ACRES
LEE
COUNTY
7101 Ban Way
Fort Myers, FL 33907
Fort Myers Subdivision
New Listing - 2 weeks online
$249,900
Land For Sale
Pending With Contingencies
6.2
ACRES
LEE
COUNTY
16881 Shelby Ln
North Fort Myers, FL 33917
North Fort Myers Subdivision
New Listing - 3 weeks online
$950,000
Single Family Home For Sale
Active
3
BEDS
2
TOTAL BATHS
2,465
SQFT
6990 Hendry Creek Dr
Fort Myers, FL 33908
Not Applicable Subdivision
New Listing - a week online
$5,000,000
Land For Sale
Active
34.7
ACRES
LEE
COUNTY
Beautiful Island
Fort Myers, FL 33905
Fort Myers Subdivision
New Listing - 3 weeks online
$1,200,000
Land For Sale
Active
10.23
ACRES
LEE
COUNTY
9820 Orange River Blvd
Fort Myers, FL 33905
Terry Tice + Vanderwalker Subdivision
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