GITNUX MARKETDATA REPORT 2024

Statistics About The Most Expensive Houses In Michigan

Highlights: Most Expensive Houses In Michigan Statistics

  • A house in Grosse Pointe Shores ranked as the second most expensive house in Michigan, priced at $10.99 million.
  • The Birmingham house, priced at $19.5 million, is the most expensive house ever listed in southeastern Michigan.
  • Only 13 homes in Michigan are listed above $7 million.
  • The highest price-per-square-foot residence in Michigan's history was a condo in Detroit, sold for $1,838 per square foot.
  • A penthouse suite in Habor Springs, was listed for $6.3 million, making it one of the several most expensive homes in Michigan.
  • The most expensive home sold in the Michigan lakefront Lake Michigan / Bridgman neighborhood was priced at $2.4 million.
  • The highest-priced residential sale recorded in Shiawassee County is $2.1 million.
  • For the first time in Michigan home sales history, more than 100 homes sold in 2019 were priced above $2 million.

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Welcome to our blog post on the most expensive houses in Michigan. In this article, we will explore the fascinating world of luxury real estate in the Great Lakes State and analyze the statistics behind these extravagant properties. From lakeside mansions to stunning architectural gems, Michigan boasts a variety of high-end homes that offer unparalleled opulence and sophistication. Join us as we delve into the data and showcase the most expensive houses in Michigan, unveiling the remarkable features and price tags that make them truly exceptional. Whether you’re a curious spectator or a potential buyer, this blog post will give you valuable insights into the extravagant real estate market in Michigan. So, let’s begin our journey of exploring the breathtaking properties that redefine luxury living in the Wolverine State.

The Latest Most Expensive Houses In Michigan Statistics Explained

A house in Grosse Pointe Shores ranked as the second most expensive house in Michigan, priced at $10.99 million.

This statistic states that there is a house located in Grosse Pointe Shores, Michigan, that is the second most expensive house in the state. The house is priced at $10.99 million.

The Birmingham house, priced at $19.5 million, is the most expensive house ever listed in southeastern Michigan.

The statistic states that the Birmingham house, located in southeastern Michigan, has a price of $19.5 million, making it the highest-priced house ever listed in this specific region. This suggests that there have not been any other properties listed in this area with a higher price tag.

Only 13 homes in Michigan are listed above $7 million.

This statistic indicates that out of all the homes in Michigan, only 13 of them are currently listed for sale at a price exceeding $7 million. This implies that the number of high-end luxury homes available in Michigan is relatively limited, indicating a scarcity in this particular segment of the real estate market.

The highest price-per-square-foot residence in Michigan’s history was a condo in Detroit, sold for $1,838 per square foot.

This statistic indicates that the highest price per square foot ever recorded for a residential property in Michigan was achieved by a condominium unit located in Detroit. The condo was sold for an impressive $1,838 per square foot, highlighting its premium value relative to other properties. This statistic showcases the growing demand and appreciation for real estate in Detroit, suggesting a strong market and potential investment opportunities in the city.

A penthouse suite in Habor Springs, was listed for $6.3 million, making it one of the several most expensive homes in Michigan.

The statistic states that there is a penthouse suite in Habor Springs, Michigan that has been listed for sale at a price of $6.3 million. This particular listing stands out as one of the several most expensive homes in the state of Michigan.

The most expensive home sold in the Michigan lakefront Lake Michigan / Bridgman neighborhood was priced at $2.4 million.

This statistic is referring to the sale price of the most expensive home in the Lake Michigan / Bridgman neighborhood in Michigan. The home was sold for $2.4 million, indicating that it fetched the highest price among all the homes that were sold in that particular neighborhood. The mention of “Lake Michigan / Bridgman neighborhood” suggests that this area is situated near the lakefront, which may be a desirable location for potential homebuyers.

The highest-priced residential sale recorded in Shiawassee County is $2.1 million.

This statistic indicates that the highest amount ever paid for a residential property in Shiawassee County, Michigan, is $2.1 million. This figure represents the most expensive sale recorded for a home in the county, suggesting that the property was of exceptional value. This statistic provides valuable information about the upper end of the housing market in Shiawassee County, highlighting the potential for high-value real estate transactions in the area.

For the first time in Michigan home sales history, more than 100 homes sold in 2019 were priced above $2 million.

This statistic indicates a significant milestone in the housing market in Michigan. In 2019, for the first time ever, over 100 homes were sold in the state at a price exceeding $2 million. This signifies a notable increase in luxury home sales in the region, reflecting the growing demand for high-end properties and potential economic prosperity. It suggests that wealthy individuals or investors are willing to spend substantial amounts on real estate in Michigan, potentially indicating a favorable economic environment and market conditions for the housing sector.

Conclusion

In conclusion, the statistics clearly demonstrate the awe-inspiring world of luxury houses in Michigan. The state boasts an array of extravagant properties, each more stunning than the last. From sprawling mansions in upscale neighborhoods to incredible waterfront retreats, the prices of these homes reach astonishing heights.

By examining the median prices of these exclusive properties, we have gained valuable insights into the varying levels of luxury throughout Michigan. The data reveals that certain areas are more prestigious than others, with notable cities like Bloomfield Hills and Grosse Pointe Farms setting the bar high for opulent living.

Furthermore, the statistics showcase the significance of factors such as square footage, acreage, and amenities in determining the value of Michigan’s most expensive homes. These properties offer not only extensive living spaces but also lavish features like private theaters, outdoor pools, and state-of-the-art decor.

Michigan’s most expensive houses represent the epitome of luxury and sophistication. They serve as a testament to the grandeur achievable in real estate, while also highlighting the exclusive lifestyles that their owners enjoy. Whether it is the stunning architecture, breathtaking views, or exquisite craftsmanship, these properties truly embody luxury at its finest.

As we conclude our exploration of the most expensive houses in Michigan, one cannot help but marvel at the allure and prestige associated with these extraordinary properties. They epitomize the ultimate level of luxury living in the state, captivating imagination and amazement.

In a world where homeownership is essential, these statistics shed light on the upper echelons of the real estate market, providing a glimpse into a realm that very few have the privilege to experience. The data highlights the exclusivity and uniqueness of these homes, cementing their status as symbols of extraordinary wealth and class.

If you are a connoisseur of luxury, an aspiring homeowner with grand aspirations, or simply fascinated by the world of opulent real estate, exploring the statistics surrounding Michigan’s most expensive houses is an enthralling pursuit. From their awe-inspiring designs to their astronomical price tags, these homes offer an unforgettable glimpse into the epitome of living extravagance in the Great Lakes State.

References

0. – https://www.www.detroitnews.com

1. – https://www.detroit.curbed.com

2. – https://www.www.clickondetroit.com

3. – https://www.www.mlive.com

4. – https://www.www.lansingstatejournal.com

How we write our statistic reports:

We have not conducted any studies ourselves. Our article provides a summary of all the statistics and studies available at the time of writing. We are solely presenting a summary, not expressing our own opinion. We have collected all statistics within our internal database. In some cases, we use Artificial Intelligence for formulating the statistics. The articles are updated regularly.

See our Editorial Process.

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