The Top 10 Priciest Home Sales of 2024

In a banner year for the ultraluxury market, at least seven homes sold for 100 million or more

- KATHERINE CLARKE

ACROSS THE U.S., 2024 was one of the slowest years for home sales since the 1990s. But it was a banner year for the ultrahigh end of the market, where buyers are so wealthy that interest rates or market fluctuations have little impact.

In 2024, there were at least seven single-family home sales recorded in the U.S. for $100 million or more, up from five in 2023, according to data gathered by appraiser Jonathan Miller and The Wall Street Journal. That's just under 2021's record eight deals, property records show.

Across the country, the number of nine-figure home sales has been gradually climbing over the past decade, Miller said. In 2014, there were four sales of $100 million or more, marking the first time the U.S. had seen more than one in the same year, Miller said.

In the last four years, there have been a total of 27 recorded. What at first seemed like a fluke has now become an established market for nine-figure sales, he said, adding that it is only a matter of time before $200 million becomes the new benchmark for ultraluxury deals.

"We've witnessed the creation of a new asset class," Miller said. "We now have a decade-long pattern of elevated activity like this. It's been remarkably consistent.

It's not going away." The country's priciest deals of 2024 mostly took place off-market, meaning they sold without an official listing price. And they included some unusual elements, such as a property swap between two wealthy buyers and a joint purchase by business moguls Steve Wynn and Thomas Peterffy.

Several of the buyers purchased properties adjacent to homes they already owned.