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

$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
$767,000
Single Family Home For Sale
Active
5
BED
4
TOTAL BATHS
3,730
SQFT
1225 Osceola Dr
Fort Myers, FL 33901
RIVERSIDE Subdivision
$589,000
Single Family Home For Sale
Active
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 - 7 hours online
$749,900
Single Family Home For Sale
Active
4
BED
5
TOTAL BATHS
4,232
SQFT
1335 Florida Ave
Fort Myers, FL 33901
YORK MANOR Subdivision
$549,900
Single Family Home For Sale
Active
3
BED
3
TOTAL BATHS
3,198
SQFT
1331 Caloosa Dr
Fort Myers, FL 33901
RIVERSIDE Subdivision
$1,595,000
Single Family Home For Sale
Active
4
BED
4
TOTAL BATHS
3,952
SQFT
1126 Tipton Ct
Fort Myers, FL 33901
FORT MYERS Subdivision
$310,000
Single Family Home For Sale
Active
3
BED
3
TOTAL BATHS
1,875
SQFT
1239 Sunbury Dr
Fort Myers, FL 33901
LA CHELLE MANOR Subdivision
$2,299,000
Single Family Home For Sale
Active
4
BED
6
TOTAL BATHS
5,127
SQFT
1130 Tipton Ct
Fort Myers, FL 33901
HAROLD AVE SUBD Subdivision
$2,145,000
Single Family Home For Sale
Active
3
BED
5
TOTAL BATHS
3,939
SQFT
2806 Valencia Way
Fort Myers, FL 33901
LYNNS ADD Subdivision
Price Change - 2 weeks ago
$399,900
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
2,077
SQFT
1407 Barcelona Ave
Fort Myers, FL 33901
VALENCIA TERRACE Subdivision
New Listing - 5 days online
$349,900
Single Family Home For Sale
Active
2
BED
1
TOTAL BATHS
1,273
SQFT
1441 Linhart Ave
Fort Myers, FL 33901
VALENCIA COURT Subdivision
$285,000
Single Family Home For Sale
Active
4
BED
3
TOTAL BATHS
2,672
SQFT
1259 Carlene Ave
Fort Myers, FL 33901
CALOOSA VIEW Subdivision
$1,595,000
Single Family Home For Sale
Active
5
BED
4
TOTAL BATHS
3,912
SQFT
4113 W Riverside Dr
Fort Myers, FL 33901
CALOOSA VIEW 1ST ADDN Subdivision
New Listing - a week online
$225,000
Land For Sale
Active
0.3012
ACRES
LEE
COUNTY
3727 Arlington St
Fort Myers, FL 33901
FORT MYERS Subdivision
$262,900
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
1,338
SQFT
1474 Jefferson Ave
Fort Myers, FL 33901
PALMLEE PARK Subdivision
New Listing - a week online
$385,000
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
1,948
SQFT
1536 Poinciana Ave
Fort Myers, FL 33901
POINCIANA PARK Subdivision
New Listing - 2 weeks online
$499,900
Single Family Home For Sale
Active
5
BED
4
TOTAL BATHS
4,307
SQFT
1561 Lynwood Ave
Fort Myers, FL 33901
POINCIANA PARK Subdivision
$2,395,000
Single Family Home For Sale
Active
4
BED
5
TOTAL BATHS
4,534
SQFT
1201 Walden Dr
Fort Myers, FL 33901
WALDENS RIVIERA ESTATES Subdivision

$495,000
Land For Sale
Active
10
ACRES
LEE
COUNTY
Southside Gardens
Fort Myers, FL 33916
SOUTHSIDE GARDENS Subdivision
$2,000,000
Land For Sale
Active
5.791
ACRES
LEE
COUNTY
3480 Hancock Bridge Pky
North Fort Myers, FL 33903
NORTH 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
$1,306,800
Land For Sale
Active
5
ACRES
LEE
COUNTY
1590 Judd Rd
North Fort Myers, FL 33903
ACREAGE Subdivision
$1,250,000
Single Family Home For Sale
Active
5
BED
4
TOTAL BATHS
3,288
SQFT
6371 Silver And Lewis Ln
Fort Myers, FL 33966
NOT APPLICABLE 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
$349,000
Land For Sale
Active
5.17
ACRES
LEE
COUNTY
13001 Shire Ln
Fort Myers, FL 33912
METES AND BOUNDS Subdivision
New Listing - 11 hours online
$619,000
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
1,705
SQFT
12350 Musket Ln
Fort Myers, FL 33912
COLONIAL FARMS Subdivision
$694,900
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
$833,000
Land For Sale
Active
6.3
ACRES
LEE
COUNTY
2750 N Tamiami Trl
North Fort Myers, FL 33903
ACREAGE Subdivision
$2,300,000
Land For Sale
Active
10
ACRES
LEE
COUNTY
13250 Apaloosa Ln
Fort Myers, FL 33912
FORT MYERS Subdivision
$35,000,000
Land For Sale
Active
75.76
ACRES
LEE
COUNTY
Veterans Pky
Cape Coral, FL 33993
CAPE CORAL Subdivision
$675,000
Land For Sale
Active
5
ACRES
LEE
COUNTY
13950 Freshman Ln
Fort Myers, FL 33912
FORT MYERS Subdivision
$586,832
Land For Sale
Active
6.12
ACRES
LEE
COUNTY
2830-2880 Tamiami Trl
North Fort Myers, FL 33903
NOT APPLICABLE Subdivision
$1,400,000
Land For Sale
Active
35
ACRES
LEE
COUNTY
7150 Bayshore Rd
North Fort Myers, FL 33917
ACREAGE Subdivision
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