{"id":86341,"date":"2026-07-07T05:00:06","date_gmt":"2026-07-07T12:00:06","guid":{"rendered":"https:\/\/www.redfin.com\/news\/?p=86341"},"modified":"2026-07-07T13:54:25","modified_gmt":"2026-07-07T20:54:25","slug":"west-palm-beach-pending-sales-rise","status":"publish","type":"post","link":"https:\/\/www.redfin.com\/news\/west-palm-beach-pending-sales-rise\/","title":{"rendered":"Luxury Homes Cost 9 Times More Than the Typical Homes in These South Florida \u201cWealth Magnet\u201d Metros"},"content":{"rendered":"<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><i><span style=\"font-weight: 400;\">West Palm Beach, FL, where the typical luxury home costs 8.9 times more than the typical non luxury home, has the nation\u2019s biggest luxury home price premium.<\/span><\/i><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><i><span style=\"font-weight: 400;\">Next comes Miami, with a median luxury-to-non luxury home price ratio of 8.8, and New York City, where the typical luxury home costs 5.5 times the typical non luxury home.\u00a0<\/span><\/i><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><i><span style=\"font-weight: 400;\">Portland, OR, where the typical luxury home costs 2.6 times more than the typical non luxury home has the nation\u2019s smallest luxury home price premium, followed by Sacramento, CA (3) and Columbus, OH (2.9).<\/span><\/i><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><i><span style=\"font-weight: 400;\">Nationwide, the typical luxury home costs 3.6 times more than the typical non-luxury home, little changed from last year\u2019s ratio of 3.5.<\/span><\/i><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">The typical luxury home in West Palm Beach sold for $4.5 million, 8.9 times more than the typical non luxury home that sold during the three months ending in May. The South Florida metro has the biggest luxury home price premium among the 49 most populous U.S. housing markets, followed closely by neighboring Miami, where the typical luxury home sold for 8.8 times more than the typical non-luxury home.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Next but with a much smaller luxury home price premium, comes New York City, where the typical luxury home costs 5.5 times more than the typical non luxury home.<\/span><\/p>\n<h3><strong>Metros With the Biggest Luxury Home Price Premiums, May 2026<\/strong><\/h3>\n<p>&nbsp;<\/p>\n<table>\n<tbody>\n<tr>\n<td><b>Ranking\u00a0<\/b><\/td>\n<td><b>Metro area<\/b><\/td>\n<td><b>Luxury median home sale price<\/b><\/td>\n<td><b>Non luxury median home sale price<\/b><\/td>\n<td><b>Median luxury-to-non luxury home price ratio<\/b><\/td>\n<td><b>Median luxury-to-non luxury home price ratio (May 2025)<\/b><\/td>\n<\/tr>\n<tr>\n<td>1.<\/td>\n<td><span style=\"font-weight: 400;\">West Palm Beach, FL<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$4,510,196<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$506,609<\/span><\/td>\n<td><span style=\"font-weight: 400;\">8.9<\/span><\/td>\n<td><span style=\"font-weight: 400;\">8.7<\/span><\/td>\n<\/tr>\n<tr>\n<td>2.<\/td>\n<td><span style=\"font-weight: 400;\">Miami, FL<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$4,855,331<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$554,441<\/span><\/td>\n<td><span style=\"font-weight: 400;\">8.8<\/span><\/td>\n<td><span style=\"font-weight: 400;\">7.6<\/span><\/td>\n<\/tr>\n<tr>\n<td>3.<\/td>\n<td><span style=\"font-weight: 400;\">New York, NY<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$4,380,249<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$789,723<\/span><\/td>\n<td><span style=\"font-weight: 400;\">5.5<\/span><\/td>\n<td><span style=\"font-weight: 400;\">5.5<\/span><\/td>\n<\/tr>\n<tr>\n<td>4.<\/td>\n<td><span style=\"font-weight: 400;\">Los Angeles, CA<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$4,512,482<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$916,294<\/span><\/td>\n<td><span style=\"font-weight: 400;\">4.9<\/span><\/td>\n<td><span style=\"font-weight: 400;\">4.8<\/span><\/td>\n<\/tr>\n<tr>\n<td>5.<\/td>\n<td><span style=\"font-weight: 400;\">Phoenix, AZ<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$2,225,630<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$460,574<\/span><\/td>\n<td><span style=\"font-weight: 400;\">4.8<\/span><\/td>\n<td><span style=\"font-weight: 400;\">4.3<\/span><\/td>\n<\/tr>\n<tr>\n<td>6.<\/td>\n<td><span style=\"font-weight: 400;\">Nashville, TN<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$2,190,591<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$473,412<\/span><\/td>\n<td><span style=\"font-weight: 400;\">4.6<\/span><\/td>\n<td><span style=\"font-weight: 400;\">4.4<\/span><\/td>\n<\/tr>\n<tr>\n<td>7.<\/td>\n<td><span style=\"font-weight: 400;\">Philadelphia, PA<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$1,342,284<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$295,000<\/span><\/td>\n<td><span style=\"font-weight: 400;\">4.6<\/span><\/td>\n<td><span style=\"font-weight: 400;\">4.3<\/span><\/td>\n<\/tr>\n<tr>\n<td>8.<\/td>\n<td><span style=\"font-weight: 400;\">Tampa, FL<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$1,650,875<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$374,440<\/span><\/td>\n<td><span style=\"font-weight: 400;\">4.4<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.8<\/span><\/td>\n<\/tr>\n<tr>\n<td>9.<\/td>\n<td><span style=\"font-weight: 400;\">Anaheim, CA<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$5,276,971<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$1,206,764<\/span><\/td>\n<td><span style=\"font-weight: 400;\">4.4<\/span><\/td>\n<td><span style=\"font-weight: 400;\">4.4<\/span><\/td>\n<\/tr>\n<tr>\n<td>10.<\/td>\n<td><span style=\"font-weight: 400;\">San Francisco, CA<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$6,648,922<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$1,558,458<\/span><\/td>\n<td><span style=\"font-weight: 400;\">4.3<\/span><\/td>\n<td><span style=\"font-weight: 400;\">4.2<\/span><\/td>\n<\/tr>\n<tr>\n<td colspan=\"6\"><i><span style=\"font-weight: 400;\">This report is based on a Redfin analysis of MLS data that is subject to revision. All figures cover a three month period ending in May 2026. Redfin defines luxury homes as those estimated to be in the top 5% of their metro area\u2019s price range, while non-luxury homes fall into the 35th-65th percentile.<\/span><\/i><span style=\"font-weight: 400;\">\u00a0<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span style=\"font-weight: 400;\">\u201cWest Palm Beach and Miami are wealth magnets for ultra-rich Americans thanks to Florida\u2019s favorable tax environment, warm climate and waterfront lifestyle,\u201d said Redfin Principal Economist<\/span><a href=\"https:\/\/www.redfin.com\/news\/author\/sheharyarbokhari\/\"><span style=\"font-weight: 400;\"> Sheharyar Bokhari<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cSouth Florida has evolved into one of the country\u2019s most popular destinations for luxury homebuyers. While buyers are drawn by the beaches, climate and international connectivity, Florida\u2019s tax advantages remain an important part of the equation for ultra-wealthy households. That combination continues to funnel demand into markets like West Palm Beach and Miami,\u201d he added.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Redfin Principal Agent <\/span><a href=\"https:\/\/dinablau.com\/\"><span style=\"font-weight: 400;\">Dina Blau<\/span><\/a><span style=\"font-weight: 400;\"> has noticed in West Palm Beach that the homebuyers who have been relocating to the area in recent years are wealthier and younger than those who tended to move there in the past.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cWe\u2019re seeing strong migration from New York, New Jersey, California and other high-cost metro areas. Many buyers are relocating earlier in life than in past cycles \u2014often in their 40s and 50s\u2014driven by remote and hybrid work, tax advantages and lifestyle flexibility,\u201d she said.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Nationwide, the typical luxury home costs 3.6 times more than the typical non-luxury home, little changed from last year\u2019s ratio of 3.5. In May, <\/span><a href=\"https:\/\/www.redfin.com\/news\/luxury-housing-market-may-2026\/\"><span style=\"font-weight: 400;\">luxury home prices rose nearly five times faster than non luxury prices<\/span><\/a><span style=\"font-weight: 400;\">. High-end homebuyers are largely unfazed by the combination of high prices and mortgage rates that are sidelining most Americans from buying a home now if they don\u2019t have to.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Portland, OR has the nation\u2019s smallest luxury home price premium, with the typical luxury home costing 2.6 times more than the typical non luxury home. It\u2019s followed by Sacramento, CA (3) and Columbus, OH (2.9).\u00a0<\/span><\/p>\n<h3><strong>Metros With the Smallest Luxury Home Price Premiums, May 2026<\/strong><\/h3>\n<p>&nbsp;<\/p>\n<table style=\"font-size: 16px; font-style: normal;\">\n<tbody>\n<tr>\n<td><b>Ranking\u00a0<\/b><\/td>\n<td><b>Metro area<\/b><\/td>\n<td><b>Luxury median home sale price<\/b><\/td>\n<td><b>Non luxury median home sale price<\/b><\/td>\n<td><b>Median luxury-to-non luxury home price ratio<\/b><\/td>\n<td><b>Median luxury-to-non luxury home price ratio (May 2025)<\/b><\/td>\n<\/tr>\n<tr>\n<td>1.<\/td>\n<td><span style=\"font-weight: 400;\">Portland, OR<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$1,459,821<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$553,396<\/span><\/td>\n<td><span style=\"font-weight: 400;\">2.6<\/span><\/td>\n<td><span style=\"font-weight: 400;\">2.6<\/span><\/td>\n<\/tr>\n<tr>\n<td>2.<\/td>\n<td><span style=\"font-weight: 400;\">Sacramento, CA<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$1,721,234<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$583,254<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3<\/span><\/td>\n<td><span style=\"font-weight: 400;\">2.8<\/span><\/td>\n<\/tr>\n<tr>\n<td>3.<\/td>\n<td><span style=\"font-weight: 400;\">Columbus, OH<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$1,017,342<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$350,000<\/span><\/td>\n<td><span style=\"font-weight: 400;\">2.9<\/span><\/td>\n<td><span style=\"font-weight: 400;\">2.9<\/span><\/td>\n<\/tr>\n<tr>\n<td>4.<\/td>\n<td><span style=\"font-weight: 400;\">Riverside, CA<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$1,723,962<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$580,962<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3<\/span><\/td>\n<td><span style=\"font-weight: 400;\">2.9<\/span><\/td>\n<\/tr>\n<tr>\n<td>5.<\/td>\n<td><span style=\"font-weight: 400;\">Cincinnati, OH<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$952,523<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$305,707<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.1<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.3<\/span><\/td>\n<\/tr>\n<tr>\n<td>6.<\/td>\n<td><span style=\"font-weight: 400;\">Virginia Beach, VA<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$1,105,952<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$367,393<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3<\/span><\/td>\n<td><span style=\"font-weight: 400;\">2.9<\/span><\/td>\n<\/tr>\n<tr>\n<td>7.<\/td>\n<td><span style=\"font-weight: 400;\">Montgomery County, PA<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$1,544,219<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$499,953<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.1<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3<\/span><\/td>\n<\/tr>\n<tr>\n<td>8.<\/td>\n<td><span style=\"font-weight: 400;\">San Antonio, TX<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$968,344<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$309,307<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.1<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3<\/span><\/td>\n<\/tr>\n<tr>\n<td>9.<\/td>\n<td><span style=\"font-weight: 400;\">Milwaukee, WI<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$1,098,057<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$349,985<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.1<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3<\/span><\/td>\n<\/tr>\n<tr>\n<td>10.<\/td>\n<td><span style=\"font-weight: 400;\">Indianapolis, IN<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$1,009,314<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$313,242<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.2<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3<\/span><\/td>\n<\/tr>\n<tr>\n<td colspan=\"6\"><i><span style=\"font-weight: 400;\">This report is based on a Redfin analysis of MLS data that is subject to revision. All figures cover a three month period ending in May 2026. Redfin defines luxury homes as those estimated to be in the top 5% of their metro area\u2019s price range, while non-luxury homes fall into the 35th-65th percentile.<\/span><\/i> <i><span style=\"font-weight: 400;\">This report covers 49 of the most populous areas for which Redfin has data.<\/span><\/i><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3><strong>Metros With the Biggest and Smallest Luxury Home Price Premiums, May 2026<\/strong><\/h3>\n<p>&nbsp;<\/p>\n<table>\n<tbody>\n<tr>\n<td><b>Metro Area<\/b><\/td>\n<td><b>Median sale price: luxury<\/b><\/td>\n<td><b>Median sale price: non luxury<\/b><\/td>\n<td><b>Median luxury\/non luxury home price ratio<\/b><\/td>\n<td><b>Median luxury\/non luxury home price ratio (May 2025)<\/b><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Anaheim, CA<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$5,276,971<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$1,206,764<\/span><\/td>\n<td><span style=\"font-weight: 400;\">4.4<\/span><\/td>\n<td><span style=\"font-weight: 400;\">4.4<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Atlanta, GA<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$1,440,533<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$393,952<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.7<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.4<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Austin, TX<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$1,811,150<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$430,491<\/span><\/td>\n<td><span style=\"font-weight: 400;\">4.2<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.8<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Baltimore, MD<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$1,276,125<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$401,419<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.2<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.2<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Boston, MA<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$2,826,655<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$750,000<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.8<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.6<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Charlotte, NC<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$1,660,462<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$411,413<\/span><\/td>\n<td><span style=\"font-weight: 400;\">4.0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.9<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Chicago, IL<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$1,545,360<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$367,932<\/span><\/td>\n<td><span style=\"font-weight: 400;\">4.2<\/span><\/td>\n<td><span style=\"font-weight: 400;\">4.1<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Cincinnati, OH<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$952,523<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$305,707<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.1<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.3<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Cleveland, OH<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$833,228<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$242,628<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.4<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.3<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Columbus, OH<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$1,017,342<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$350,000<\/span><\/td>\n<td><span style=\"font-weight: 400;\">2.9<\/span><\/td>\n<td><span style=\"font-weight: 400;\">2.9<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Dallas, TX<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$1,603,312<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$408,224<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.9<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.8<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Denver, CO<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$1,971,456<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$588,405<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.4<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.2<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Detroit, MI<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$719,252<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$204,571<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.5<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.8<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Fort Worth, TX<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$1,309,293<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$356,042<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.7<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.3<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Houston, TX<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$1,361,843<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$335,344<\/span><\/td>\n<td><span style=\"font-weight: 400;\">4.1<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.9<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Indianapolis, IN<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$1,009,314<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$313,242<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.2<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Jacksonville, FL<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$1,589,567<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$366,922<\/span><\/td>\n<td><span style=\"font-weight: 400;\">4.3<\/span><\/td>\n<td><span style=\"font-weight: 400;\">4.0<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Kansas City, MO<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$1,137,946<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$344,841<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.3<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.1<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Las Vegas, NV<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$1,694,567<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$445,353<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.8<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.4<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Los Angeles, CA<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$4,512,482<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$916,294<\/span><\/td>\n<td><span style=\"font-weight: 400;\">4.9<\/span><\/td>\n<td><span style=\"font-weight: 400;\">4.8<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Miami, FL<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$4,855,331<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$554,441<\/span><\/td>\n<td><span style=\"font-weight: 400;\">8.8<\/span><\/td>\n<td><span style=\"font-weight: 400;\">7.6<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Milwaukee, WI<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$1,098,057<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$349,985<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.1<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.0<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Minneapolis, MN<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$1,284,400<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$390,778<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.3<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.1<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Montgomery County, PA<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$1,544,219<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$499,953<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.1<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Nashville, TN<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$2,190,591<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$473,412<\/span><\/td>\n<td><span style=\"font-weight: 400;\">4.6<\/span><\/td>\n<td><span style=\"font-weight: 400;\">4.4<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Nassau County, NY<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$2,862,605<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$737,965<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.9<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.6<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">New Brunswick, NJ<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$1,947,027<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$567,770<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.4<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.7<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">New York, NY<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$4,380,249<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$789,723<\/span><\/td>\n<td><span style=\"font-weight: 400;\">5.5<\/span><\/td>\n<td><span style=\"font-weight: 400;\">5.5<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Newark, NJ<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$2,126,234<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$619,875<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.4<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.3<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Oakland, CA<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$2,999,012<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$907,967<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.3<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.2<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Orlando, FL<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$1,437,130<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$408,365<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.5<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.4<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Philadelphia, PA<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$1,342,284<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$295,000<\/span><\/td>\n<td><span style=\"font-weight: 400;\">4.6<\/span><\/td>\n<td><span style=\"font-weight: 400;\">4.3<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Phoenix, AZ<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$2,225,630<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$460,574<\/span><\/td>\n<td><span style=\"font-weight: 400;\">4.8<\/span><\/td>\n<td><span style=\"font-weight: 400;\">4.3<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Pittsburgh, PA<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$904,202<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$252,900<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.6<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.6<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Portland, OR<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$1,459,821<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$553,396<\/span><\/td>\n<td><span style=\"font-weight: 400;\">2.6<\/span><\/td>\n<td><span style=\"font-weight: 400;\">2.6<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Providence, RI<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$1,714,243<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$515,997<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.3<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.3<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Riverside, CA<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$1,723,962<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$580,962<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3<\/span><\/td>\n<td><span style=\"font-weight: 400;\">2.9<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Sacramento, CA<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$1,721,234<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$583,254<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3<\/span><\/td>\n<td><span style=\"font-weight: 400;\">2.8<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">San Antonio, TX<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$968,344<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$309,307<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.1<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">San Diego, CA<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$3,771,304<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$910,183<\/span><\/td>\n<td><span style=\"font-weight: 400;\">4.1<\/span><\/td>\n<td><span style=\"font-weight: 400;\">4.1<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">San Francisco, CA<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$6,648,922<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$1,558,458<\/span><\/td>\n<td><span style=\"font-weight: 400;\">4.3<\/span><\/td>\n<td><span style=\"font-weight: 400;\">4.2<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">San Jose, CA<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$5,654,565<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$1,584,228<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.6<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.4<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Seattle, WA<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$2,992,812<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$823,839<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.6<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.5<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">St. Louis, MO<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$1,028,596<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$278,980<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.7<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.5<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Tampa, FL<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$1,650,875<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$374,440<\/span><\/td>\n<td><span style=\"font-weight: 400;\">4.4<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.8<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Virginia Beach, VA<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$1,105,952<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$367,393<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">2.9<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Warren, MI<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$1,052,067<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$323,662<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.3<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.2<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Washington, DC<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$2,040,078<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$583,338<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.5<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.5<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">West Palm Beach, FL<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$4,510,196<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$506,609<\/span><\/td>\n<td><span style=\"font-weight: 400;\">8.9<\/span><\/td>\n<td><span style=\"font-weight: 400;\">8.7<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>National<\/b><\/td>\n<td><b>$1,374,470<\/b><\/td>\n<td><b>$377,477<\/b><\/td>\n<td><b>3.6<\/b><\/td>\n<td><b>3.5<\/b><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3><b>Methodology<\/b><\/h3>\n<p>&nbsp;<\/p>\n<p><i><span style=\"font-weight: 400;\">This report is based on a Redfin analysis of MLS data that is subject to revision. All figures cover a three month period ending in May 2026. Redfin defines luxury homes as those estimated to be in the top 5% of their metro area\u2019s price range, while non-luxury homes fall into the 35th-65th percentile.<\/span><\/i><span style=\"font-weight: 400;\"> This report covers 49 of the most populous areas for which Redfin has data.<br \/>\n<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>West Palm Beach, FL, where the typical luxury home costs 8.9 times more than the typical non luxury home, has the nation\u2019s biggest luxury home price premium. Next comes Miami, with a median luxury-to-non luxury home price ratio of 8.8, and New York City, where the typical luxury home costs 5.5 times the typical non [&hellip;]<\/p>\n","protected":false},"author":13584,"featured_media":86344,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center 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center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[8],"tags":[665,20,644,623],"dashboard":[795],"coauthors":[767],"class_list":["post-86341","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-housing-market-news","tag-florida","tag-housing-affordability","tag-luxury","tag-national","dashboard-luxury-home-market"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.7 (Yoast SEO v27.9) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>West Palm Beach, FL has the Nation\u2019s Biggest Luxury Home Price Premium<\/title>\n<meta name=\"description\" content=\"West Palm Beach, FL has the nation\u2019s biggest luxury home price premium, according to a recent Redfin Redfin analysis of MLS data.\" \/>\n<meta name=\"robots\" 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