PRICES

Homes are looking to be home renovators for 2018

The most expensive homes in the world are being renovated for the first time in 2018, according to new data from property analytics firm Home Value Insights.

The most-expensive home is on the market for $7.2 million in Miami, Florida, and the priciest home is up for sale for $9.8 million in New York.

The median price for a home in 2018 was $2.841 million, according the firm.

The median home price in 2020 was $3.846 million.

In total, the median value of all the homes on the planet is $2,988,743.

According to the data, the largest homes on Earth are in North America, China and Japan, with more than 1,300 of them.

New York is home to just nine homes that are on the list of the most expensive, with the median price being $2 million.

North America has also seen the highest median price of all of the continents in 2020, at $3 million, with Europe and Australia on the lower end.