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 - a week online
$3,400,000
Single Family Home For Sale
Active
4
BED
6
TOTAL BATHS
5,800
SQFT
1226 Miracle Ln
Fort Myers, FL 33901
BECKLERS RIVERSIDE ADD Subdivision
$1,800,000
Single Family Home For Sale
Active
5
BED
6
TOTAL BATHS
5,740
SQFT
3560 Stuart Ct
Fort Myers, FL 33901
STUART SUBDIVISION Subdivision
$745,000
Single Family Home For Sale
Pending With Contingencies
5
BED
4
TOTAL BATHS
3,730
SQFT
1225 Osceola Dr
Fort Myers, FL 33901
RIVERSIDE Subdivision
$3,800,000
Single Family Home For Sale
Active
6
BED
8
TOTAL BATHS
8,600
SQFT
1210 Gasparilla Dr
Fort Myers, FL 33901
YORK MANOR Subdivision
$579,000
Single Family Home For Sale
Pending With Contingencies
3
BED
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
BED
11
TOTAL BATHS
10,493
SQFT
1240 Coconut Dr
Fort Myers, FL 33901
PALM GARDENS Subdivision
New Listing - 2 days online
$469,900
Single Family Home For Sale
Pending With Contingencies
3
BED
2
TOTAL BATHS
2,315
SQFT
1230 Braman Ave
Fort Myers, FL 33901
FORT MYERS Subdivision
$449,000
Land For Sale
Pending
0.633
ACRES
LEE
COUNTY
1233 Braman Ave
Fort Myers, FL 33901
FORT MYERS Subdivision
$950,000
Single Family Home For Sale
Pending
5
BED
5
TOTAL BATHS
4,015
SQFT
1250 Gasparilla Dr
Fort Myers, FL 33901
YORK MANOR Subdivision
Price Change - 2 weeks ago
$799,999
Single Family Home For Sale
Active
4
BED
3
TOTAL BATHS
3,564
SQFT
1307 Plumosa Dr
Fort Myers, FL 33901
RIVERSIDE Subdivision
$799,000
Single Family Home For Sale
Active
5
BED
4
TOTAL BATHS
4,320
SQFT
1254 Braman Ave
Fort Myers, FL 33901
BECKLERS RIVERSIDE ADD Subdivision
New Listing - 2 weeks online
$819,900
Single Family Home For Sale
Active
4
BED
4
TOTAL BATHS
4,027
SQFT
1323 Florida Ave
Fort Myers, FL 33901
YORK MANOR Subdivision
New Listing - 5 days online
$725,000
Single Family Home For Sale
Active
3
BED
3
TOTAL BATHS
3,030
SQFT
1225 Wales Dr
Fort Myers, FL 33901
BURTWOOD Subdivision
$540,000
Single Family Home For Sale
Active
4
BED
3
TOTAL BATHS
2,184
SQFT
11 W Braman Ct
Fort Myers, FL 33901
BRAMAN COURT Subdivision
$729,900
Single Family Home For Sale
Pending With Contingencies
4
BED
5
TOTAL BATHS
4,232
SQFT
1335 Florida Ave
Fort Myers, FL 33901
YORK MANOR Subdivision
$539,900
Single Family Home For Sale
Pending With Contingencies
3
BED
3
TOTAL BATHS
3,198
SQFT
1331 Caloosa Dr
Fort Myers, FL 33901
RIVERSIDE Subdivision
New Listing - 3 weeks online
$1,425,000
Single Family Home For Sale
Pending With Contingencies
4
BED
4
TOTAL BATHS
3,228
SQFT
2924 Valencia Way
Fort Myers, FL 33901
VALENCIA TERRACE Subdivision
New Listing - a week online
$695,000
Single Family Home For Sale
Active
5
BED
4
TOTAL BATHS
3,684
SQFT
1320 Alcazar Ave
Fort Myers, FL 33901
VALENCIA TERRACE Subdivision
$1,395,000
Single Family Home For Sale
Active
4
BED
4
TOTAL BATHS
3,952
SQFT
1126 Tipton Ct
Fort Myers, FL 33901
FORT MYERS Subdivision
$899,000
Single Family Home For Sale
Active
5
BED
6
TOTAL BATHS
4,286
SQFT
3706 Oxford St
Fort Myers, FL 33901
BURTWOOD Subdivision

$495,000
Land For Sale
Pending
10
ACRES
LEE
COUNTY
Southside Gardens
Fort Myers, FL 33916
SOUTHSIDE GARDENS Subdivision
$2,000,000
Land For Sale
Pending With Contingencies
5.791
ACRES
LEE
COUNTY
3480 Hancock Bridge Pky
North Fort Myers, FL 33903
NORTH FORT MYERS Subdivision
$1,590,000
Land For Sale
Pending With Contingencies
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
$987,500
Single Family Home For Sale
Active
2
BED
2
TOTAL BATHS
2,531
SQFT
7200 Carousel Ln
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
$990,000
Single Family Home For Sale
Active
6
BED
5
TOTAL BATHS
6,556
SQFT
12382 Honeysuckle Rd
Fort Myers, FL 33966
FORT MYERS Subdivision
$1,949,901
Single Family Home For Sale
Active
1
BED
2
TOTAL BATHS
1,022
SQFT
6535 Winkler Rd
Fort Myers, FL 33919
FORT MYERS Subdivision
$1,650,000
Land For Sale
Active
6.1376
ACRES
LEE
COUNTY
760 NE 19th Pl
Cape Coral, FL 33909
CAPE CORAL Subdivision
$7,480,250
Land For Sale
Active
15.82
ACRES
LEE
COUNTY
2015 NE Pine Island Rd
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
 
$349,000
Land For Sale
Active
5.17
ACRES
LEE
COUNTY
13001 Shire Ln
Fort Myers, FL 33912
METES AND BOUNDS Subdivision
$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
$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
$35,000,000
Land For Sale
Active
75.76
ACRES
LEE
COUNTY
Veterans Pky
Cape Coral, FL 33993
CAPE CORAL Subdivision
New Listing - a week online
$639,800
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
1,260
SQFT
13950 Freshman Ln
Fort Myers, FL 33912
FORT MYERS Subdivision
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