Real Estate & Home

Nantucket to Napa: Inside the Pure Luxury Enclaves Where 7-Figure Homes Are the Only Option

alinemati1983-6987Apr 8

1m & 4 s read0 views0 listens

Based on the article, here are the top 7 markets with the highest share of million-dollar listings:

Rifle, CO - 58% of listings at or above $1 million
Hailey, ID - 62%
Kapaa, HI - 63%
Aspen, CO (included in Pitkin County) - not given exact percentage but noted as having some of the most expensive real estate
Sun Valley, ID (not listed separately but part of Hailey area)
Ketchum, ID - not specifically mentioned but likely part of Sun Valley/Hailey region
Other resort towns in Colorado and Idaho

The key points are:

These markets tend to be small resort or mountain communities rather than large metro areas.
They have extremely high prices for their top-tier real estate ($50M+ listings).
World-class amenities like skiing, golf, hiking etc attract wealthy buyers.
Limited supply due to geography/size keeps prices elevated.
High net worth individuals and celebrities are drawn to these exclusive locations.

So in summary, the data shows that small resort towns tend to have a much higher share of million+ dollar listings compared to larger metros

Read the full article at Realtor.com Blog

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