Most Expensive Real Estate Markets In The World

AVERAGE PRICES Q 4 2011 (Chart)

Prices are generally expressed as US$ per sq m, All currency exchange calculations are based on the rate prevailing on 31 December 2011.

For comparison the most expesive places in Vancouver wouldn’t even be in the top 50:
Average All Homes sold as at January 2013:

Entire Real Estate Board Of Greater Vancouver – $4682 Sq M or $435 Sq ft 
Just Shaughnessy – $8159 Sq M or $758 Sq Ft 
Just Yaletown – $7676 Sq M or $741 Sq Ft 
Just Vancouver West – $7244 Sq M or $673 Sq Ft 
Just West Vancouver – $6673 Sq M or $620 Sq Ft 
Just Vancouver – $6458 Sq M or $600 Sq Ft 
Just Burnaby – $4197 Sq M or $390 Sq Ft 
Just Richmond – $4164 Sq M or $386 Sq Ft 

Rank

Location$ per Sq M$ per Sq Ft

1

Monaco

$58,300

$5,400

2

Cap Ferrat

$51,800

$4,800

3

London

$48,900

$4,500

4

Hong Kong*

$47,500

$4,400

5

Courchevel

$44,000

$4,100

6

St. Moritz

$42,600

$4,000

7

Gstaad

$39,900

$3,700

8

St. Tropez

$38,800

$3,600

9

Geneva

$31,900

$3,000

10

Hong Kong**

$28,300

$2,600

11

Paris

$27,200

$2,500

12

Cannes

$25,900

$2,400

13

Singapore

$25,600

$2,400

14

Moscow

$24,000

$2,200

15

Sardinia

$24,000

$2,200

16

Zurich

$23,900

$2,200

17

NY (Manhattan)

$23,300

$2,200

18

Sydney

$22,400

$2,100

19

Vald d’sere

$22,000

$2,000

20

Meribel

$21,400

$2,000

21

St. Petersburg

$20,200

$1,900

22

Shanghai

$19,600

$1,800

23

Mustique

$19,400

$1,800

24

Verbier

$18,700

$1,700

25

Rome

$18,100

$1,700

26

Beijing

$17,400

$1,600

27

Megeve

$15,500

$1,400

28

Vienna

$14,200

$1,300

29

Amsterdam

$12,900

$1,200

30

Mougins

$12,900

$1,200

31

Florence

$12,300

$1,100

32

Mallorca

$11,900

$1,100

33

Lake Como

$11,700

$1,100

34

Marbella

$11,700

$1,100

35

Venice

$11,700

$1,100

36

Mumbai

$11,400

$1,100

37

Milan

$11,000

$1,000

38

Cayman Islands

$10,800

$1,000

39

Aspen

$10,500

$1,000

40

Chamonix

$10,400

$1,000

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