Luxury Properties in Miami, New York, LA and Others Command Top Prices Despite the Housing Market Moderating

Homes.com, a CoStar Group (NASDAQ: CSGP) leading online residential marketplace, released the most expensive publicly marketed home sales across major U.S. metropolitan areas for the month of January.

The list, highlighting the top closed sales in leading markets nationwide, found that multimillion-dollar properties continued to trade at significant price points to begin 2026. While overall home price growth has moderated in many regions, demand for houses priced over $1 million remained strong, as demonstrated by the top listings last month.

Miami recorded the highest publicly marketed sale in January at $33 million, followed closely by New York City at $29.5 million and Los Angeles at $23.5 million. Several other coastal and Sun Belt markets also posted transactions above $5 million.

The full roundup of the most expensive publicly marketed home sales includes:

• Miami, Florida: $33 million
• New York, New York: $29.5 million
• Los Angeles, California: $23.5 million
• San Diego, California: $22.3 million
• Las Vegas, Nevada: $21 million
• Seattle, Washington: $17.4 million
• Phoenix, Arizona: $16.5 million
• Boston, Massachusetts: $14.5 million
• Denver, Colorado: $8.3 million
• San Francisco, California: $8.1 million
• Charlotte, North Carolina: $7.7 million
• Tampa, Florida: $6.5 million
• Nashville, Tennessee : $6 million
• Washington, D.C.: $6 million
• Atlanta, Georgia: $5.4 million
• Chicago, Illinois: $5.1 million
• Cleveland, Ohio: $3.5 million

Houston, Texas, also recorded significant luxury activity in January with the five most expensive sales by list price ranging from $5.2 million to $13 million. However, as a nondisclosure state, Texas does not publicly report final sale prices, and only the original list prices were available for analysis.

The distribution of these top-tier sales reflects both established luxury hubs and emerging high-end markets. Coastal metropolitan areas such as Miami, New York City and Los Angeles continue to lead in absolute pricing, while strong performances in cities like Las Vegas, Phoenix and Charlotte, North Carolina, demonstrate the geographic breadth of luxury demand.

Based on MLS data found on Homes.com, the analysis captures publicly marketed transactions and does not include private or off-market deals, which are common in the uppermost tier of the market. Even so, January’s results indicate that demand for premium properties remains firm as 2026 begins.

For more information and insights on the latest homebuying and selling market trends, visit Homes.com.

About Homes.com

Homes.com is the fastest-growing residential real estate marketplace and the second largest portal in the United States. Homes.com is a brand of CoStar Group (NASDAQ: CSGP), a global leader in commercial real estate information, analytics, and online marketplaces, which acquired the platform in 2021.

Homes.com is the first major U.S. real estate portal to focus first on helping homeowners and their agents leverage the marketing power of the internet to bring more potential buyers to their listings. Homes.com’s unparalleled content and search capabilities bring millions of buyers and sellers to the site where they can seamlessly connect with agents. On average, Homes.com’s Members are winning 60% more listings* because they offer the home sellers a real estate portal that works for them not against them.

The Homes.com Network reached an audience of 115 million average monthly unique visitors in the third quarter ending September 30, 2025.** Consumer brand awareness skyrocketed from 4% to 33% in just one year since CoStar Group launched the industry’s largest marketing campaign to date in February 2024, reintroducing the platform to the market. For more information, visit Homes.com.

*Based on internal analyses comparing Members to non-Members on Homes.com.

** Homes.com Network (which includes Homes.com, the Apartments Network, and the Land Network) average monthly unique visitors for the quarter ended September 30, 2025, according to Google Analytics.

About CoStar Group

CoStar Group (NASDAQ: CSGP) is a global leader in commercial real estate information, analytics, online marketplaces, and 3D digital twin technology. Founded in 1986, CoStar Group is dedicated to digitizing the world’s real estate, empowering all people to discover properties, insights, and connections that improve their businesses and lives.

CoStar Group’s major brands include CoStar, a leading global provider of commercial real estate data, analytics, and news; LoopNet, the most trafficked commercial real estate marketplace; Apartments.com, the leading platform for apartment rentals; Homes.com, the fastest-growing residential real estate marketplace; and Domain, one of Australia’s leading property marketplaces. CoStar Group’s industry-leading brands also include Matterport, a leading spatial data company whose platform turns buildings into data to make every space more valuable and accessible, STR, a global leader in hospitality data and benchmarking; Ten-X, an online platform for commercial real estate auctions and negotiated bids; and OnTheMarket, a leading residential property portal in the United Kingdom.

CoStar Group’s websites attracted over 143 million average monthly unique visitors in the third quarter of 2025, serving clients around the world. Headquartered in Arlington, Virginia, CoStar Group is committed to transforming the real estate industry through innovative technology and comprehensive market intelligence. From time to time, we plan to utilize our corporate website as a channel of distribution for material company information. For more information, visit CoStarGroup.com.

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