The end of 2025 saw New York City dethroned as the capital of million-dollar listings, with Miami emerging as the major U.S. metro boasting the most seven-figure properties for sale.
By December 2025, Miami had 10,591 listings priced at $1 million and above, compared with NYC’s 10,176, according to the latest Realtor.com® luxury housing report.
This crossover between the two major metros marks a sharp break from the last decade, when the Big Apple held a substantially larger inventory of residential properties priced at $1 million and above…