Homes.com Shares Most Expensive Home Sales Across Major U.S. Markets in July

Key Terms

multiple listing service technical

A multiple listing service is a centralized system that aggregates and displays securities available for trading across more than one exchange or trading venue, making it easier for brokers and investors to find buyers and sellers. For investors it matters because wider visibility and access can improve liquidity and price discovery—think of it as a shared marketplace directory that can help ensure better chances of executing trades at fair prices.

foreclosure auction financial

A foreclosure auction is a public sale of a property that a lender forces when the owner stops making mortgage payments; the lender sells the home or building to recover the unpaid loan. For investors, these auctions can be a source of deeply discounted real estate or debt recovery, but they also carry risks like hidden liens, repair costs and legal complexities that can affect returns and local property values — similar to buying a repossessed car at a yard sale where price and condition both matter.

off-market transactions financial

Off-market transactions are transfers or sales of securities that occur outside a public stock exchange’s regular trading system, typically arranged directly between parties or through private negotiation or alternative trading venues. They matter to investors because these deals can move shares, affect ownership or liquidity, and may occur at prices that differ from the public market; think of it like selling a car privately instead of at a dealership auction.

nondisclosure state regulatory

A nondisclosure state is a jurisdiction whose laws or common practices allow certain business, legal, or regulatory information to be kept private rather than made public. For investors this matters because it can hide or delay disclosure of liabilities, settlements, ownership changes or regulatory findings—like a curtain over part of a company’s record—making it harder to assess risk and value until information is revealed.

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Priciest publicly marketed deals ranged from $3.72 million in Cleveland to $130 million in Los Angeles, highlighting stark differences across local luxury markets

ARLINGTON, Va.--(BUSINESS WIRE)-- Homes.com, a leading online residential marketplace and part of CoStar Group (NASDAQ: CSGP), today published an analysis of the most expensive publicly marketed home sales across major U.S. metropolitan areas for the month of July. The full analysis is available here.

The list highlights the top closed sales in leading markets nationwide based on publicly marketed transactions recorded in Multiple Listing Service (MLS) data. July’s most expensive publicly marketed home sale occurred in Los Angeles, where a Bel Air estate sold for $130 million at a foreclosure auction. At the other end of the markets analyzed, Cleveland’s top sale reached $3.72 million, underscoring the significant differences in what constitutes the highest end of the housing market across the country.

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

• Los Angeles: $130 million
• New York City: $47 million
• Phoenix: $40.2 million
• Miami-Dade County: $40 million
• Seattle: $21.2 million
• Tampa: $19 million
• Boston: $18 million
• Chicago: $17.5 million
• Atlanta: $13.8 million
• San Francisco: $12 million
• San Diego: $8.7 million
• Washington, D.C.: $7.9 million
• Las Vegas: $7.7 million
• Minneapolis: $7.2 million
• Charlotte: $6.5 million
• Denver: $6.1 million
• Nashville: $6 million
• Philadelphia: $5.4 million
• Cleveland: $3.7 million

July’s results revealed a notable divide among luxury housing markets. In the four markets where even the fifth-highest sale exceeded $10 million, Los Angeles, Miami, New York and Phoenix, the difference between the highest and lowest of the top five transactions was at least $16 million. Miami recorded the narrowest spread among the four, with its top five sales ranging from $24 million to $40 million.

The analysis is based on entries in the nation’s Multiple Listing Service platforms and therefore often excludes private and off-market transactions, which are common at the highest tier of the housing market. Because Texas is a nondisclosure state, Homes.com News evaluated the priciest properties in Houston and Dallas based on listing price.

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 a leading destination for homebuyers, sellers, and real estate professionals. A brand of CoStar Group (NASDAQ: CSGP), Homes.com is redefining online real estate by putting agents and homeowners first through a more transparent, agent-friendly marketplace.

Unlike traditional real estate portals, Homes.com is built around a simple principle: Your Listing, Your Lead™. By connecting consumers directly with the listing agent, Homes.com helps agents win more listings, generate more leads and deliver greater value to their clients. Millions of buyers use Homes.com’s powerful search tools, rich property content, and AI-driven experiences to discover homes and connect with local real estate experts.

Backed by the largest marketing investment in residential real estate, Homes.com has invested $1.25 billion to build nationwide brand awareness, generating more than 100 billion impressions and establishing Homes.com as a household name among consumers. The platform continues to experience rapid growth, with 83 million average monthly unique visitors*, 115% year-over-year growth in organic search traffic, and more than 36,000 Member Agents joining in just two years.

Homes.com Membership gives agents exclusive marketing advantages and unmatched exposure to help grow their businesses. Based on an internal analysis of approximately 11,000 Member Agents, Members earned an average of $36,400 more in commission during their first year of membership. Members win 60% more listings and received five times more leads than non-member agents**.

For more information, visit Homes.com.

*The Homes.com Network, which includes Homes.com, the Apartments Network, and the Land Network, averaged 83 million monthly unique visitors through July 2026, according to Google Analytics.

** This figure represents an average of 11,000 agents who completed one full year of membership and is not a guarantee of future results. Individual results may vary based on market conditions, geographic location, agent activity, and other factors.

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; Zonda, a leading provider of data, analytics, software, and marketplace solutions for the residential construction industry; 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 118 million average monthly unique visitors in the second quarter of 2026, 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260824129237/en/

Media Contact:
Matthew Blocher
CoStar Group
(202) 346-6775
mblocher@costar.com

Source: CoStar Group