New York City tops real estate wealth list in the US

New York City tops real estate wealth list in the US

New york

New York is the city with the top real estate value in the US, valued at $2.8 trillion, Lending Tree research shows.

In New York City typical homes are valued at $501,000,

Coming in second is Los Angeles at $2.3 trillion, while homes are even pricier at $668,000.

Meanwhile in third place is San Francisco, where homes are collectively worth $1.3 trillion and individually an eye-watering $959,000.

Of the 50 cities analysed, Salt Lake City, Naples, and New Orleans are regions with the lowest real estate values.

In New Orleans homes typically cost $201,000, while they are valued at $329,000 in Naples and $312,000 in Salt Lake City.

Source: Property Wire

July 9, 2020 / by / in

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