Redfin reports all of last month's most expensive home sales were in Southern California, Florida or Manhattan
(NASDAQ:RDFN) —A Bel Air estate was the most expensive home sale of May, fetching $110 million, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Another Los Angeles home, a Spanish villa in neighboring Holmby Hills, came in second, with a sale price of $57.3 million.
All in all, four of last month's most expensive home sales were in Southern California, four were in coastal Florida, and two were in Manhattan.
Four of the homes sold for $55 million or more, and all sold for more than $30 million. Coastal parts of Florida, like Palm Beach and Boca Raton, are typically home to many ultra-expensive home sales in any given month. Despite the increasing risk of climate disasters and skyrocketing insurance costs in those places, mega-wealthy homebuyers have the means to rebuild, repair or take a loss.
These are the most expensive U.S. home sales of May:
- 630 Nimes Rd., Los Angeles, CA 90077: Sold for $110 million
- 391 N. Carolwood Dr., Los Angeles, CA 90077: Sold for $57.3 million
- 1140 S. Ocean Blvd., Manalapan, FL 33462: Sold for $55 million
- 12032 E. End, North Palm Beach, FL 33408: Sold for $55 million
- 1519 N. Ocean Way, Palm Beach, FL 33480: Sold for $48.5 million
- 973 5th Ave., New York, NY 10075: Sold for $46 million
- 1 Pelican Crest Dr., Newport Coast, CA 92657: Sold for $42 million
- 25 Bond St., Penthouse West, New York, NY 10012: Sold for $34.5 million
- 63 Monarch Bay Dr., Dana Point, CA 92629: Sold for $34 million
- 1788 Royal Palm Way, Boca Raton, FL 33432: Sold for $31.5 million
Today's Most Expensive Home Listings
Redfin also took a look at the most expensive listings on the market today.
The top two, both oceanfront Florida estates, are listed at more than $200 million. All 10 of today's most expensive listings are asking more than $125 million. Half of the listings are in Florida, four are in the Los Angeles area, and one is in Lake Tahoe.
Note that most of the listings are the same as last time Redfin published this ranking because top-tier luxury homes typically take a long time to sell. Each of the listings below have been on the market for more than 120 days; for the sake of comparison, the typical U.S. home sells in 38 days.
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
- 1261 Angelo Dr., Beverly Hills, CA 90210: Listed for $175 million
- 1370 S. Ocean Blvd., Manalapan, FL 33462: Listed for $150 million
- 190 Palm Ave., Miami Beach, FL 33199: Listed for $150 million
- 594 S. Mapleton Dr., Los Angeles, CA 90024: Listed for $137.5 million
- 3585 Anchorage Way, Miami, FL 33133: Listed for $135 million
- 9505 Gloaming Dr., Beverly Hills, CA 90210: Listed for $126 million
To view the full report, please visit:
https://www.redfin.com/news/most-expensive-home-sales-may-2025
About Redfin
Redfin (www.redfin.com) is a technology-powered real estate company. We help people find a place to live with brokerage, rentals, lending, and title insurance services. We run the country's #1 real estate brokerage site. Our customers can save thousands in fees while working with a top agent. Our home-buying customers see homes first with on-demand tours, and our lending and title services help them close quickly. Our rentals business empowers millions nationwide to find apartments and houses for rent. Since launching in 2006, we've saved customers more than $1.8 billion in commissions. We serve approximately 100 markets across the U.S. and Canada and employ over 4,000 people.
Redfin's subsidiaries and affiliated brands include: Bay Equity Home Loans®, Rent.™, Apartment Guide®, Title Forward® and Walk Score®.
For more information or to contact a local Redfin real estate agent, visit www.redfin.com. To learn about housing market trends and download data, visit the Redfin Data Center. To be added to Redfin's press release distribution list, email [email protected]. To view Redfin's press center, click here.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250625300571/en/
Contact Redfin
Redfin Journalist Services:
Kenneth Applewhaite, 206-414-8880
[email protected]