Mapped: The World’s Most Expensive Real Estate Markets
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Mapped: The World’s Most Expensive Real Estate Markets

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See this visualization first on the Voronoi app.

In this graphic, we explore the world’s most expensive real estate markets.

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Mapped: The World’s Most Expensive Real Estate Markets

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

Key Takeaways

  • Monaco is the world’s most expensive real estate market, followed by New York City and Hong Kong
  • This top 20 list also includes six French cities

In this graphic, we explore the world’s most expensive real estate markets, using data as of December 2024. The rankings are based on the average price per square meter for a prime 100–200 m² (1,075-2,150 sq. ft) apartment, sourced from New World Wealth and Henley & Partners.

What Is “Prime” Real Estate?

“Prime” real estate refers to properties in the most desirable global locations—whether for lifestyle, investment, or prestige. These homes typically share four key characteristics:

  • High-Value: Located in top-tier global cities or exclusive resort areas, with premium price tags per square meter.
  • Luxury-Oriented: High-end properties boasting top-tier amenities, design, and finishes.
  • Strategically Located: Found in stable, globally connected markets with strong lifestyle appeal.
  • Investment-Linked: Often eligible for residence or citizenship-by-investment programs, offering benefits beyond ownership.

The Global Leaders in Price per Square Meter

At the top of the list is Monaco, where prime real estate prices dwarf those of other markets.

The small principality on the French Riviera is a haven for the ultra-wealthy, driven by its low taxes, exclusive lifestyle, and financial services sector. With limited land and soaring demand, Monaco continues to command the highest prices globally.

City/RegionCountryUSD/m²USD/sq ft
Monaco🇲🇨 Monaco38,8003,603
New York City🇺🇸 USA27,5002,554
Hong Kong🇭🇰 Hong Kong SAR26,3002,444
London🇬🇧 UK24,0002,230
Saint-Jean-Cap-Ferrat🇫🇷 France21,2001,971
Paris🇫🇷 France20,4001,895
Sydney🇦🇺 Australia19,5001,812
Palm Beach🇺🇸 USA18,0001,672
Miami Beach🇺🇸 USA17,8001,653
Los Angeles🇺🇸 USA17,5001,627
Singapore🇸🇬 Singapore16,7001,551
Geneva🇨🇭 Switzerland15,2001,412
Nice🇫🇷 France15,0001,395
Portofino🇮🇹 Italy15,0001,395
Cannes🇫🇷 France14,8001,376
Tokyo🇯🇵 Japan14,7001,367
Lugano🇨🇭 Switzerland14,6001,358
Antibes🇫🇷 France14,5001,349
Porto Cervo🇮🇹 Italy14,5001,349
Èze🇫🇷 France14,4001,340

In second place is New York City, consistently ranked the world’s leading financial center. Home to billionaires, major investment firms, and iconic luxury developments, NYC remains a global magnet for capital and prestige real estate.

Hong Kong ranks third, reflecting its ongoing role as a global finance hub. With limited land supply, strong investor demand, and its strategic location in Asia, Hong Kong’s prime real estate market remains one of the most expensive on Earth.

Learn More on the Voronoi App 

If you enjoyed this map, be sure to check out The World’s Largest Economies, Including U.S. States.

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