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Fla. No. 1 for Median List Price, Most Expensive Home Price Gap

Realtor.com study: The median asking price for a Fla. home in April was $367,450; the asking price for the most expensive listing was $95M – a 25,754% difference.

CHICAGO – Realtor.com recently examined the ultraluxury real estate market to identify mansions currently for sale and compare their asking prices to states’ median asking prices on realtor.com’s website.

The state with the biggest price gap? Florida.

A listing at 10 Cannon Point, Key Largo, was priced at $95 million on realtor.co. Florida’s median asking price in April was $367,450 on realtor.com. That makes the percentage difference between the median and most expensive listing 25,754%.

While many Florida estates come close to the $100 million mark, hardly any can boast a private island in the price tag. The prime selling points in this listing on Pumpkin Key are bay views, lush landscape and privacy. The main home is relatively small for the high price, coming in at 5,000 square feet, but it sits on 26 acres.

Other states in the top 10 for the biggest gap between the median price and most expensive listing were Wyoming, Virginia, California, New York, Colorado, Pennsylvania, Connecticut and Nevada.

Source: realtor.com (05/05/21) Cox, Elena

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