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

St. Louis home $1 M

  • Million-dollar listings have become commonplace in the US 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 New York City 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

Listing price: $999,000

Square feet: 5,392

Price per square foot: $185

Newark, New Jersey

Listing price: $979,000

Square feet: 4,885

Price per square foot: $200

Baltimore, Maryland

Listing price: $989,900

Square feet: 4,570

Price per square foot: $217

See the rest of the story at Business Insider

Read the full article from it’s original source: http://uk.businessinsider.com/million-dollar-listing-photos-los-angeles-new-york-seattle-2018-5

Share this
Share on FacebookTweet about this on TwitterShare on Google+Pin on PinterestShare on LinkedInShare on Reddit