Zillow<\/a>. <\/p>\nThere were fewer than 1,600 million-dollar listings on the market in the greater Houston area in September, and 10 percent of the most expensive listings in the metro started at nearly $800,000.<\/p>\n
Realtor.com senior economist Anthony Smith said affluent homebuyers get more value for their money by purchasing homes in Southern cities like Houston than they can get in other regions of America.<\/p>\n
“Luxury buyers are increasingly seeking value \u2014 and that doesn’t always mean a lower price tag, but rather more home for the money,” Smith said. “In markets like Honolulu or the Bay Area, buyers are paying for proximity, views, and prestige \u2014 not square footage. By contrast, in inland metros across the South and Midwest, high-end buyers can often find larger, newer homes with land and amenities that would cost two or three times as much in more supply-constrained coastal metros.”<\/p>\n
Elsewhere in Texas, Dallas-Fort Worth-Arlington ranked right behind Houston as the No. 5 U.S. metro where $1 million nets the most square footage of a home. North Texas millionaires can buy a 4,072-square-foot home for this six-figure price.<\/p>\n
The top five metros that offer the most square feet for $1 million are:<\/p>\n
No. 1 \u2013 Atlanta-Sandy Springs-Roswell, GeorgiaNo. 2 \u2013 Denver-Aurora-Centennial, ColoradoNo. 3 \u2013 Minneapolis-St. Paul-Bloomington, Minnesota-WisconsinNo. 4 \u2013 Houston-Pasadena-The Woodlands, TexasNo. 5 \u2013 Dallas-Fort Worth-Arlington, Texas<\/p>\n
Meanwhile, the five U.S. metros that net the least square footage for $1 million are: Urban Honolulu, Hawaii (No. 1); San Jose-Sunnyvale-Santa Clara, California (No. 2); San Francisco-Oakland-Fremont, California (No. 3); Los Angeles-Long Beach-Anaheim, California (No. 4); and New York-Newark-New Jersey, New York-New Jersey (No. 5).<\/p>\n","protected":false},"excerpt":{"rendered":"Affluent homebuyers looking for a spacious home on a $1 million budget will find the most space for…\n","protected":false},"author":2,"featured_media":30614,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[20457,4178,15296,56,58,57,20458,20455,20456],"class_list":{"0":"post-30613","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-houston","8":"tag-buried-treasure","9":"tag-hill-country","10":"tag-homes-for-sale","11":"tag-houston","12":"tag-houston-headlines","13":"tag-houston-news","14":"tag-ranches","15":"tag-real-county","16":"tag-vance"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/30613","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/comments?post=30613"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/30613\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/30614"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=30613"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=30613"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=30613"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}