The sale of real estate is becoming increasingly common in New York City.
Aerial view of the Manhattan building site of the Trump International Hotel and Tower, November 7, 2017 in New Orleans, Louisiana.
A new report shows that in New Jersey and New York, some of the most expensive real estate in the country is being auctioned off for $250,000-$300,000 a pop.
The auction is being conducted by the New York State Real Estate Board and includes everything from single-family homes to high-end apartments.
The board says a total of 571 properties are up for sale in the three states, representing an average of $300,622 in sales per home.
A $100 million property in the Bronx, owned by former President Bill Clinton, sold for $230,000.
In Brooklyn, a $100,000 home sold for nearly $300 to a Brooklyn developer.
In Manhattan, a single-story home with a swimming pool sold for more than $300.
It was sold by an executive for $260,000 in Atlantic City, N.J. The property is in a posh neighborhood and boasts an art deco design and was purchased by a group who bought the home from a developer in the 1980s.
The most expensive sale on record in New England, according to the report, was for a three-bedroom home in Portsmouth, N.
“The property includes a private backyard, swimming pool, tennis courts, a gym, and a five-car garage.
The report also noted that in Maine, a seven-bedroom house in Portland sold for a total value of $280,000 to an anonymous buyer.