Real Estate News & Market Insights:
- Coastal Florida dominates the luxury market with Naples selling the highest-priced home at $133 million.
- Los Angeles follows closely, representing four of the top ten sales, each over $55 million.
- Despite a slowing market, Florida remains attractive to ultra-luxury buyers amidst rising costs.
A $133 million Florida compound is the highest-priced sale so far this year
Coastal Florida takes the cake for the most expensive home sale of 2025 so far, with a beachfront compound in Naples going for $133 million. It’s followed by two Los Angeles estates, each fetching $110 million. Every home on this year’s top 10 list has sold for more than $55 million, with Florida and California dominating. The Sunshine State and the Golden State have long been ultra-luxury hotspots.
In total, Los Angeles and coastal Florida each account for four of the ten most expensive sales this year. An oceanfront estate in Hawaii and a Manhattan duplex round out the list.
The most expensive home sales of 2025
- 2200 Gordon Dr., Naples, FL 34102: Sold for $133 million in April
- 630 Nimes Rd., Los Angeles, CA 90077: Sold for $110 million in May
- 594 S. Mapleton Dr., Los Angeles, CA 90024: Sold for $110 million in July
- 88 La Gorce Cir., Miami Beach, FL 33141: Sold for $74.3 million in April
- 4823 Kahala Ave., Honolulu, HI 96816: Sold for $65.8 million in March
- 71 Beverly Park, Beverly Hills, CA 90210: Sold for $63.1 million in June
- 66 La Gorce Cir., Miami Beach, FL 33141: Sold for $60 million in March
- 150 Charles St., Unit 9A, New York, NY 10014: Sold for $60 million in March
- 1028 Ridgedale Dr., Beverly Hills, CA 90210: Sold for $60 million in April
- 391 N. Carolwood Dr., Los Angeles, CA 90077: Sold for $57.3 million in May
The most expensive home sales of July
We also took a look at the most expensive home sales of July.
July’s highest-priced sale was the 55,000-square-foot “Spelling Manor” in Bel-Air, which sold for $110 million and tied for the second most expensive sale of the year. It was followed by oceanfront homes in Florida and Malibu. The sixth-priciest sale was a Martha’s Vineyard estate that once served as President Obama’s summer residence.
- 594 S. Mapleton Dr., Los Angeles, CA 90024: Sold for $110 million
- 2325 S. Ocean Blvd., Delray Beach, FL 33483: Sold for $51.1 million
- 29130 Cliffside Dr., Malibu, CA 90265: Sold for $49.8 million
- 555 Reinante Ave., Coral Gables, FL 33156: Sold for $40 million
- 9001 Collins Ave. Unit S-PH2, Surfside, FL 33154: Sold for $38.2 million
- 41 Cobbs Hill Road, Chilmark, MA 02535: Sold for $37 million
- 370 S. Hibiscus Dr., Miami Beach, FL 33139: Sold for $31.8 million
- 28808 Cliffside Dr., Malibu, CA 90265: Sold for $30.5 million
- 845 Longboat Club Rd., Longboat Key, FL 34228: Sold for $30.3 million
- 1680 N. Doheny Dr., Los Angeles, CA 90069: Sold for $29.5 million
Half of last month’s most expensive home sales were in Florida, four were in California, and one was in Massachusetts. All of them sold for more than $29 million.
Florida’s housing market has slowed significantly as soaring home insurance premiums and HOA fees – driven up by increasingly frequent natural disasters – push costs out of reach for many buyers. But it’s still a popular place for ultra-luxury homebuyers, who typically have the means to move or rebuild.
Data comes from Redfin Real Estate and was retrieved on August 11th.
Read the full article on the original source
