Half of March’s most expensive home sales were in beachfront Florida, but an Oahu compound took the number-one spot

SEATTLE, April 16, 2025--(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.

These are the most expensive U.S. home sales of March:

1. 4823 Kahala Ave., Honolulu, HI 96816: Sold for $65.8 million
2. 66 La Gorce Circle, Miami Beach, FL 33141: Sold for $60 million
3. 150 Charles St. Unit 9A, New York, NY 10014: Sold for $60 million
4. 3880 Rum Row, Naples, FL 34102: Sold for $34 million
5. 1160 N. Ocean Blvd., Palm Beach, FL 33480: Sold for $31 million
6. 14 Channel Vista, Newport Coast, CA 92657: Sold for $30 million
7. 2367 S. Ocean Blvd., Highland Beach, FL 33487: Sold for $28.5 million
8. 9111 Collins Ave. Unit N-1021, Surfside, FL 33154: Sold for $27.5 million
9. 2990 Broadway St., San Francisco, CA 94115: Sold for $26.5 million
10. 24 Beverly Park Terrace, Beverly Hills, CA 90210: Sold for $26 million

Today’s Most Expensive Active Home Listings

Redfin also looked 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 Redfin published this ranking in February 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:

1. 1960 S. Ocean Blvd, Manalapan, FL 33462: Listed for $285 million
2. 100 Bay Road, Naples, FL 34102: Listed for $210 million
3. 1949 Glenbrook Inn Rd., Glenbrook, NV 89413: Listed for $188 million
4. 607 Siena Way, Bel Air, CA 90077: Listed for $177 million
5. 10644 Bellagio Rd., Los Angeles, CA 90077: Listed for $175 million (newly listed in March)
6. 1261 Angelo Dr., Beverly Hills, CA 90210: Listed for $175 million
7. 9712 Oak Pass Rd., Beverly Hills, CA 90210: Listed for $175 million
8. 2200 Gordon Dr., Naples, FL 34102: Listed for $175 million
9. 31062 Casa Grande Dr., San Juan Capistrano, CA 92675: Listed for $150 million
10. 1370 S. Ocean Blvd., Manalapan, FL 33462: Listed for $150 million
11. 190 Palm Ave., Miami Beach, FL 33199: Listed for $150 million

To view the full report, please visit: https://www.redfin.com/news/most-expensive-home-sales-march-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 WalkScore®.

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 press@redfin.com. To view Redfin's press center, click here.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250416065793/en/

Contacts

Contact Redfin
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Angela Cherry
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