Redfin Reports the Top 10 Most Expensive Home Sales of March
Redfin Corporation (RDFN)
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Source: Business Wire
Half of March’s most expensive home sales were in beachfront Florida, but an Oahu compound took the number-one spot SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Hawaii was home to the most expensive home sale of March, with a beachfront estate on Oahu going for $65.8 million. Next came two properties that sold for $60 million apiece: a Miami Beach mansion and a Manhattan duplex. This ranking is from a new report from Redfin (redfin.com), the technology-powered real estate brokerage.All in all, half of last month’s most expensive sales were in coastal Florida, three were in California, one was in New York and one was in Hawaii. All of them sold for over $25 million.Beachfront Florida typically has the lion’s share of ultra-expensive home sales in any given month. That’s because despite skyrocketing insurance costs and intensifying climate-driven disasters, the state continually attracts the most affluent Americans with its opulent lifestyle, warm weather and lack of state income tax.T
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