Here Are the 10 Most Expensive Home Sales of March
Half of last month’s most expensive home sales were in beachfront Florida, but an Oahu compound took the number-one spot.
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.
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.
These are the most expensive U.S. home sales of March:
- 4823 Kahala Ave., Honolulu, HI 96816: Sold for $65.8 million
- 66 La Gorce Circle, Miami Beach, FL 33141: Sold for $60 million
- 150 Charles St. Unit 9A, New York, NY 10014: Sold for $60 million
- 3880 Rum Row, Naples, FL 34102: Sold for $34 million
- 1160 N. Ocean Blvd., Palm Beach, FL 33480: Sold for $31 million
- 14 Channel Vista, Newport Coast, CA 92657: Sold for $30 million
- 2367 S. Ocean Blvd., Highland Beach, FL 33487: Sold for $28.5 million
- 9111 Collins Ave. Unit N-1021, Surfside, FL 33154: Sold for $27.5 million
- 2990 Broadway St., San Francisco, CA 94115: Sold for $26.5 million
- 24 Beverly Park Terrace, Beverly Hills, CA 90210: Sold for $26 million
Today’s Most Expensive Active Home Listings
We also took a look at the most expensive listings on the market today. All are listed at $150 million or more, and the two most expensive homes in this ranking are asking more than $200 million.
There’s a big gap between the sale prices in the section above and the list prices in this section because ultra-luxury homes typically sell for much less than their asking price. There are a few reasons ultra-high-end listings are often initially priced high: Prestige pricing can attract luxury buyers and generate media buzz, this type of listing is often one-of-a-kind with very few comps, and sellers of extremely expensive homes often expect a lot of negotiation.
Half of the most expensive homes for sale are in coastal Florida, five are in Southern California and one is in Lake Tahoe.
Nearly all of the listings remain the same as the last time we published this ranking because ultra-luxury homes typically take a long time to sell. One of the listings in this ranking has been on the market for two years, one has been listed for roughly one year, and two for about six months; by comparison, the typical U.S. home listing goes under contract in 54 days. There is one addition to the ranking: A Los Angeles estate overlooking the Bel Air Country Club that was listed for $175 million in late March.
These are today’s most expensive active listings:
- 1960 S. Ocean Blvd, Manalapan, FL 33462: Listed for $285 million
- 100 Bay Road, Naples, FL 34102: Listed for $210 million
- 1949 Glenbrook Inn Rd., Glenbrook, NV 89413: Listed for $188 million
- 607 Siena Way, Bel Air, CA 90077: Listed for $177 million
- 10644 Bellagio Rd., Los Angeles, CA 90077: Listed for $175 million (newly listed in March)
- 1261 Angelo Dr., Beverly Hills, CA 90210: Listed for $175 million
- 9712 Oak Pass Rd., Beverly Hills, CA 90210: Listed for $175 million
- 2200 Gordon Dr., Naples, FL 34102: Listed for $175 million
- 31062 Casa Grande Dr., San Juan Capistrano, CA 92675: Listed for $150 million
- 1370 S. Ocean Blvd., Manalapan, FL 33462: Listed for $150 million
- 190 Palm Ave., Miami Beach, FL 33199: Listed for $150 million
Please note that the listings above were active as of April 14, 2025. This ranking includes 11 listings instead of 10 because the final three are tied at $150 million.
The post Here Are the 10 Most Expensive Home Sales of March appeared first on Redfin Real Estate News.
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