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David Siddons' Blog

By David Siddons | Agent in Miami, FL

“Consoling proximity of millionaires.” The Top 10 zipcodes of Wealthy Home Buyers


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The rich have always liked to surround themselves with other wealthy individuals. According to an article of CNBC, the recent market uplift has caused the richest  zip codes to become even richer. Please find an overview of the US’ richest zipcodes.

Richest zip codes

 

Miami is represented very well in this list with both Miami Beach and Miami (Coral Gables, Gables by the Sea) appearing. Miami Beach sold 8 homes over $10M and the Gables sold 6 homes over this amount.

In 2012, there were over 200 sales in the top 15 zip codes for homes priced at $10 million or more. And the pace shows little sign of slowing. Realtors expect the very top end of the real-estate market to continue to shatter local price records. With recent news of a property trading near San Francisco for more than $100 million, the new top price in America may be reset in 2013.

As today’s wealthy buyers can choose almost any property they want, prices can easily increase even more.  Many of these buyers will come and invest in Miami’s extensive ultra-luxury residential market. As a research of Christie’s just announced; Miami is one of the top 10 cities in the world in which High Net Worth Individual like to invest.

For more information on Miami Luxury Real Estate Investments or rentals please contact me at 305 508 0899 or siddons.d@ewm.com.On my website: www.luxlifemiami.com you can find any information needed as a buyer or seller of real estate such as an up to date and accurate overview of all properties on the Miami market, an overview of all condominiums in Miami as well as testimonials from my clients. I also have a Youtube Channel:http://www.youtube.com/luxlifemiami on which I regularly post videos of new and hot properties in Miami

I am a specialized realtor in the sale of luxury condominium in and around Miami and luxury single family homes. representing buyers, sellers, landlords and tenants. I cover and specialize in real estate in the following neighborhoods: Coconut Grove, Coral Gables, South Miami, Pinecrest, Brickell, Downtown, Aventura and the Miami beaches

I believe in providing the most up to date relevant figures and comparisons. This is why I created my site and my blog; to give you the power and the ability to make the right choices. Regardless of whether you are buying, selling, renting, leasing, or investing I am here to help you make the right decision.

‘Show the clients the facts, be totally honest and combine with the most useful and up to date market analysis and you have the best resource for buying and selling real estate in Miami.’

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