Monday, March 30, 2020

Cities With the Most 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

$169,900
Condo For Sale
Pending With Contingencies
2
BED
2
TOTAL BATHS
1,094
SQFT
The Park At Lakewood #PH6
14831 Park Lake Dr Ph6
Fort Myers, FL 33919
$349,000
Condo For Sale
Active
3
BED
2
TOTAL BATHS
1,663
SQFT
Riviera #505
2743 1st St 505
Fort Myers, FL 33916
$89,900
Land For Sale
Active
0.3162
ACRES
LEE
COUNTY
4470 Seagrape Bend #25 Dr
Captiva, FL 33924
SAFETY HARBOR CLUB Subdivision
$30,000
Land For Sale
Active
1.08
ACRES
LEE
COUNTY
Corner Lot
Lehigh Acres, FL 33974
LEHIGH ACRES Subdivision
$314,000
Condo For Sale
Pending With Contingencies
3
BED
2
TOTAL BATHS
1,571
SQFT
Riviera #803
2743 1st St 803
Fort Myers, FL 33916
$254,000
Condo For Sale
Active
3
BED
2
TOTAL BATHS
1,440
SQFT
Mirasol At Coconut Point #202
23440 Alamanda Dr 202
Estero, FL 34135
$335,000
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
1,641
SQFT
15211 Torino Ln
Fort Myers, FL 33908
VENETIAN POINTE Subdivision
$174,000
Condo For Sale
Active
1
BED
2
TOTAL BATHS
980
SQFT
Riviera #107
2743 1st St 107
Fort Myers, FL 33916
$49,900
Land For Sale
Pending
0.0429
ACRES
LEE
COUNTY
19681 Summerlin Lot 7 Rd
Fort Myers, FL 33908
PALMETTO PALMS R V Subdivision
$63,000
Land For Sale
Active
2.47
ACRES
LEE
COUNTY
Access Undetermined
North Fort Myers, FL 33917
NORTH FORT MYERS Subdivision
$8,000
Land For Sale
Active
0.238
ACRES
LEE
COUNTY
318 Progress Ave
Lehigh Acres, FL 33974
LEHIGH ACRES Subdivision
$97,500
Land For Sale
Active
0.2009
ACRES
LEE
COUNTY
Lot 36 Gunnery Road S/Dual Road Access
Lehigh Acres, FL 33973
LEHIGH ACRES Subdivision
$97,500
Land For Sale
Active
0.2009
ACRES
LEE
COUNTY
Lot 35 Gunnery Rd S/Dual Road Access
Lehigh Acres, FL 33973
LEHIGH ACRES Subdivision
$97,500
Land For Sale
Active
0.2009
ACRES
LEE
COUNTY
Lot 34 Gunnery Rd S/Dual Road Access
Lehigh Acres, FL 33973
LEHIGH ACRES Subdivision
New Listing - 4 weeks online
$315,000
Single Family Home For Sale
Active
4
BED
3
TOTAL BATHS
3,210
SQFT
1916 SW 12th Ter
Cape Coral, FL 33991
CAPE CORAL Subdivision
$8,900
Condo For Sale
Active
2
BED
2
TOTAL BATHS
1,000
SQFT
11720 Coconut Plantation, Week 40, Unit 5248l
Bonita Springs, FL 34134
HYATT COCONUT PLANTATION RESORT Subdivision
$9,500
Condo For Sale
Active
2
BED
2
TOTAL BATHS
1,000
SQFT
11720 Coconut Plantation, Week 41, Unit 5187
Bonita Springs, FL 34134
HYATT COCONUT PLANTATION RESORT Subdivision
$11,999
Condo For Sale
Active
2
BED
2
TOTAL BATHS
1,000
SQFT
11720 Coconut Plantation, Week 51, Unit 5182l
Bonita Springs, FL 34134
HYATT COCONUT PLANTATION RESORT Subdivision
$5,500
Condo For Sale
Active
2
BED
2
TOTAL BATHS
1,000
SQFT
11720 Coconut Plantation, Week 20, Unit 5284
Bonita Springs, FL 34134
HYATT COCONUT PLANTATION RESORT Subdivision
$6,500
Condo For Sale
Active
2
BED
2
TOTAL BATHS
1,000
SQFT
11720 Coconut Plantation, Week 35, Unit 5248l
Bonita Springs, FL 34134
HYATT COCONUT PLANTATION RESORT Subdivision

$944,242
Land For Sale
Active
31.58
ACRES
LEE
COUNTY
Access Undetermined
Bokeelia, FL 33922
FOSTERS MRS LENA SUBDIVISION Subdivision
$445,000
Land For Sale
Active
7
ACRES
LEE
COUNTY
7 Cayo Costa
Cayo Costa, FL 33924
PEJUAN SHORES UNREC Subdivision
$524,900
Single Family Home For Sale
Pending With Contingencies
4
BED
4
TOTAL BATHS
3,312
SQFT
18241 Misty Morning Ln
Fort Myers, FL 33913
WILDCAT FARMS Subdivision
$429,000
Single Family Home For Sale
Pending With Contingencies
3
BED
2
TOTAL BATHS
2,308
SQFT
23950 Linda Lee Way
Fort Myers, FL 33913
WILDCAT FARMS Subdivision
New Listing - 3 weeks online
$164,900
Mobile Home For Sale
Active
3
BED
2
TOTAL BATHS
1,296
SQFT
23715 Tinas Ln
Fort Myers, FL 33913
FORT MYERS Subdivision
$599,000
Land For Sale
Active
23.12
ACRES
LEE
COUNTY
21051 Lazy D Farm Rd
Estero, FL 33928
NOT APPLICABLE Subdivision
New Listing - 3 weeks online
$245,000
Mobile Home For Sale
Pending With Contingencies
3
BED
2
TOTAL BATHS
1,296
SQFT
23405 Linda Lee Way
Fort Myers, FL 33913
NOT APPLICABLE Subdivision
$18,000,000
Land For Sale
Active
14.14
ACRES
LEE
COUNTY
Captiva Key
Captiva, FL 33924
NOT APPLICABLE Subdivision
$149,900
Land For Sale
Active
10
ACRES
LEE
COUNTY
22751 Mulholland Dr
Fort Myers, FL 33913
WILDCAT FARMS Subdivision
$69,000
Land For Sale
Active
6.81
ACRES
LEE
COUNTY
22910 Tinas Ln
Fort Myers, FL 33913
LEHIGH ACRES Subdivision
$627,900
Single Family Home For Sale
Active
3
BED
4
TOTAL BATHS
2,800
SQFT
23730 Palm Beach Blvd
Alva, FL 33920
NOT APPLICABLE Subdivision
$598,000
Land For Sale
Active
20.04
ACRES
LEE
COUNTY
23680 Palm Beach Blvd
Alva, FL 33920
ALVA Subdivision
$18,000,000
Land For Sale
Active
14.14
ACRES
LEE
COUNTY
Address Withheld
Captiva, FL 33924
NOT APPLICABLE Subdivision
$3,700,000
Single Family Home For Sale
Active
4
BED
6
TOTAL BATHS
4,431
SQFT
12900 S Banks Dr
Upper Captiva, FL 33924
UPPER CAPTIVA SHORES Subdivision
$475,000
Land For Sale
Active
15
ACRES
LEE
COUNTY
23600 Palm Beach Blvd
Alva, FL 33920
ALVA Subdivision
$598,000
Land For Sale
Active
20
ACRES
LEE
COUNTY
23590 Palm Beach Blvd
Alva, FL 33920
ACREAGE Subdivision
Foreclosure
$699,900
Single Family Home For Sale
Active
5
BED
3
TOTAL BATHS
4,038
SQFT
2440 Moore Ave
Alva, FL 33920
ALVA Subdivision
$299,000
Land For Sale
Active
15
ACRES
LEE
COUNTY
22301 N River Rd
Alva, FL 33920
ALVA Subdivision
New Listing - 4 weeks online
$499,000
Land For Sale
Active
120
ACRES
LEE
COUNTY
1 West Part Island
Bokeelia, FL 33922
NOT APPLICABLE Subdivision
$585,000
Single Family Home For Sale
Active
3
BED
3
TOTAL BATHS
2,279
SQFT
3704 E 23rd St
Alva, FL 33920
ALVA Subdivision
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source https://northfortmyersonline.com/2020/03/30/cities-with-the-most-expensive-real-estate/

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