Here Are the Most Expensive Home Sales of May

All of last month’s most expensive home sales were in Southern California, Florida or Manhattan.

A Bel Air estate was the most expensive home sale of May, fetching $110 million. Another Los Angeles home, a Spanish villa in neighboring Holmby Hills, came in second, with a sale price of $57.3 million. 

All in all, four of last month’s most expensive home sales were in Southern California, four were in coastal Florida, and two were in Manhattan. 

Four of the homes sold for $55 million or more, and all sold for more than $30 million. Coastal parts of Florida, like Palm Beach and Boca Raton, are typically home to many ultra-expensive home sales in any given month. Despite the increasing risk of climate disasters and skyrocketing insurance costs in those places, mega-wealthy…