August 6, 2020

$1 million US homes 1

0
0



Pin It

What a $1 million home looks like in 25 major American cities Part 1

By Tanza Loudenback and Matthew Michaels From Business Insider

Million-dollar listings have become commonplace in the real estate market.
But when you compare the cost-per-square-foot for million-dollar listings across the country, you’ll find very different results.
In Tampa, Florida, $1 million will fetch more than 5,000 square feet, while the same priced home in buys less than 900 square feet.
Million-dollar listings once heralded true luxury for Americans who could afford it, but now more than 4% of all homes across the 100 largest US metros are worth at least $1 million.

Still, how much space seven figures will buy in different parts of the country ranges drastically. A million dollars could fetch buyers as little as 846 square feet in New York City and as much as 5,392 in Tampa, Florida.

That’s according to our friends at Trulia, who rounded listings in the $1 million range for the 25 largest metros in the US by population to find out how home sizes compare.

Below, check out what a million-dollar listing looks like around the US, ordered from lowest to highest cost per square foot.

Tampa, Florida
Image from Trulia listing
Listing price: $999,000

Square feet: 5,392

Price per square foot: $185

Newark,
Image from Trulia listing
Listing price: $979,000

Square feet: 4,885

Price per square foot: $200

Baltimore, Maryland
Image from Trulia listing
Listing price: $989,900

Square feet: 4,570

Price per square foot: $217

St. Louis, Missouri
Image from Trulia listing
Listing price: $995,000

Square feet: 4,439

Price per square foot: $224

Riverside, California
Image from Trulia listing
Listing price: $979,999

Square feet: 4,078

Price per square foot: $240

Phoenix, Arizona
Image from Trulia listing
Listing price: $1,075,000

Square feet: 4,161

Price per square foot: $258

, Texas
Image from Trulia listing
Listing price: $990,000

Square feet: 3,808

Price per square foot: $260

Houston, Texas
Image from Trulia listing
Listing price: $999,900

Square feet: 3,688

Price per square foot: $271

For more on this story go to; http://www.businessinsider.com/million-dollar-listing-photos-los-angeles-new-york-seattle-2018-5?utm_source=feedburner&amp%3Butm_medium=referral&utm_medium=feed&utm_campaign=Feed%3A%20businessinsider%20(Business%20Insider)

Print Friendly, PDF & Email
About ieyenews

Speak Your Mind

*