Florida dominates December’s most expensive luxury home sales across US
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Coastal Florida topped the nation’s most expensive home sales in December, topped by a $101.5 million Miami property linked to Google co-founder Larry Page, according to a new report from real estate brokerage Redfin.
The Biscayne Bay community at Coconut Grove covers 4.5 acres in one of the most exclusive areas of Miami. People familiar with the deal told the Wall Street Journal that Page paid $101.5 million in December for the waterfront property, which was previously owned by the late restaurateur Jonathan Lewis. It was the most expensive home sale in the US in December and the fourth most expensive in 2025, Redfin reported.
“When a billion-dollar buyer makes a move like this, it tells you everything you need to know: Miami is upgrading. It’s a lifestyle and financial strategy game,” Douglas Elliman’s Dina Goldenter previously told Fox News Digital.
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“A trade like this resets the entire neighborhood to $7,000 per square foot. We’ve seen this in Miami Beach, Bal Harbour, Golden Beach, and now we’re seeing it in Coconut Grove,” Goldentier said.
Aerial view facing south of Miami Beach showing Indian Creek Island and Collins Avenue. (Getty Images)
Two Palm Beach homes ranked second and third among the most expensive December sales, closing at $97.5 million and $66.1 million. Both properties also appeared on Redfin’s 2025 list of most expensive home sales in the United States, where they ranked fifth and ninth, respectively.
Overall, six of the 10 most expensive sales in December were in coastal Florida cities. The Sunshine State outperformed other upscale markets that month, including Manhattan, the Bay Area and the Lake Tahoe area of Nevada.
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For 2025 exactly, Florida real estate represented half of the 10 most expensive home sales in the U.S., according to Redfin.
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“I see continued interest inland from California and the Northeast, with buyers asking for privacy, security and ready-to-use waterfront or estate properties,” Michael Martinez, an agent with ONE Sotheby’s International Realty in South Florida, told Fox News Digital.
Douglas Elliman The Nation’s No. 1 Agent Dina Goldenter talks with Fox News Digital about why Miami and West Palm Beach are overtaking New York City as the world’s fastest-growing wealth centers.
He added: “More showings with high-net-worth buyers, more off-market conversations, buyers [are] Move faster when irreplaceable properties truly become available.”
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2026-01-14 19:28:00
