In 2024, San Francisco, was the most expensive metro area for buying a luxury property. The median sale price of the single family homes in the top five percent of the market by market price was 4.8 million U.S. dollars. In Detroit, on the other hand, the median sales price of a luxury housing unit was approximately 620,000 U.S. dollars.
Median sale price of luxury properties in selected markets in the United States in 1st quarter 2024, by metro area
(in million U.S. dollars)
Characteristic
Median sale price in million U.S. dollars
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Redfin. (April 19, 2024). Median sale price of luxury properties in selected markets in the United States in 1st quarter 2024, by metro area (in million U.S. dollars) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1234877/most-expensive-metros-for-luxury-housing-usa/
Redfin. "Median sale price of luxury properties in selected markets in the United States in 1st quarter 2024, by metro area (in million U.S. dollars)." Chart. April 19, 2024. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1234877/most-expensive-metros-for-luxury-housing-usa/
Redfin. (2024). Median sale price of luxury properties in selected markets in the United States in 1st quarter 2024, by metro area (in million U.S. dollars). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1234877/most-expensive-metros-for-luxury-housing-usa/
Redfin. "Median Sale Price of Luxury Properties in Selected Markets in The United States in 1st Quarter 2024, by Metro Area (in Million U.S. Dollars)." Statista, Statista Inc., 19 Apr 2024, https://www.statista.com/statistics/1234877/most-expensive-metros-for-luxury-housing-usa/
Redfin, Median sale price of luxury properties in selected markets in the United States in 1st quarter 2024, by metro area (in million U.S. dollars) Statista, https://www.statista.com/statistics/1234877/most-expensive-metros-for-luxury-housing-usa/ (last visited August 24, 2024)
Median sale price of luxury properties in selected markets in the United States in 1st quarter 2024, by metro area (in million U.S. dollars) [Graph], Redfin, April 19, 2024. [Online]. Available: https://www.statista.com/statistics/1234877/most-expensive-metros-for-luxury-housing-usa/