With the Grammys and Oscars over, celebrities can now focus on a similarly rare commodity: real estate.
Forget the entertainment industry's highest honors: the houses and land that celebrities have amassed during their career are aging far better than the statuettes that no one will remember they won a decade from now.
Existing home sales in January increased 3.8% from the same time last year. The median existing home sale price of $228,900, meanwhile, is up 7.1% since the same time last year. That's the largest year-over-year price increase since January of last year, and it's thanks to a relatively low supply of 1.69 million existing homes. That's 7.1% fewer than there were last year, and the 3.6-month supply is well below the six months that the National Association of Realtors deems healthy.
"Market challenges remain, but the housing market is off to a prosperous start as homebuyers staved off inventory levels that are far from adequate and deteriorating affordability conditions," says Lawrence Yun, chief economist for the National Association of Realtors. "Competition is likely to heat up even more heading into the spring for house hunters looking for homes in the lower- and mid-market price range."
That isn't great news for the 33% of all buyers who are first-time home buyers -- up from 32% at the same time last year. With roughly one out of every five home sales being paid for in cash, house flippers are taking a whole lot of the best deals for themselves.
Celebrities aren't immune to the fluctuations in the market, with many of their homes seeing astronomical price hikes during the short time they've owned them. With help from Zillow-owned real-estate site Trulia, we took a look at the celebrity housing market and found ten examples of celebrities who are about to make a bundle in this incredibly hot housing market:
Editors' pick: Originally published March 24.
Asking price: $8.45 million
Remember the '90s? Stephen Dorff does.
Back when everyone was supposedly slacking off, Dorff was doing his best Ethan Hawke/Christian Slater impression in S.F.W., being a bad vampire in Blade, playing a forgotten Beatle in Backbeat and going to Baltimore with John Waters and Melanie Griffith in Cecil B. Demented. Even in Sofia Coppola's 2010 celebrity fishbowl drama Somewhere, he played an actor whose best days in the '90s had passed him by.
Think he minds being associated with that decade? Not really. The wealth he made during that time got him this 2,298-square-foot home, built in 1968 by architectural firm Buff & Hensman, back in 2001 for $2.546 million. The Brown House has maintained its original character, cedar shingles, dark wood, double-height foyer, full-height glass and spiral staircase while providing buyers 40 feet along Malibu's La Costa Beach. If this three bedroom, three bathroom home gets Dorff his asking price, we're fairly certain he won't mind a few '90s flashbacks on closing day.
Asking price: $2.999 million
Like a fling with a Canadian pop star, Selena Gomez's time at this outsized Texas pad is over.
It's hard to believe her pop career has only spanned the last four years -- especially since she's been hustling since Another Cinderella Story (What? Do we always have to bring up Wizards of Waverly Place?). But after releasing three albums in the last four years, basically carrying Charlie Puth through last year's "We Don't Talk Anymore" and dropping her new single "It Ain't Me" this year, Gomez has a lot on the plate.
This five-bed, six-and-a-half-bath, 10,016-square-foot gated home in Fort Worth's Montserrat neighborhood just doesn't fit in the plans anymore. Just 12 years old and set on 1.5 acres, the house includes a tennis-sport court, putting green, saltwater pool, outdoor kitchen, cabana. chef's kitchen, media room, game room with wet bar and eight-car garage. It's also not the first home Gomez has had to part with. She bought her starter home in Tarzana, Calif., in 2011 for $2.175 million before selling it to Iggy Azalea and L.A. Laker Nick Young (we refuse to call him Swaggy P) for $3.45 million in 2014. That year, she bought a $4.495 million mansion in Calabasas, Calif., later that year, only to sell it at a loss for $3.3 million in 2015. There's no point settling down when your best years haven't even started yet.
Asking price: $2.85 million
Dakota Fanning seems as if she's been around forever, but that'll happen when the world first sees you work at age 7.
After some bit parts on "ER," "Ally McBeal" and original-recipe "CSI," Fanning made a few lesser-known films before being cast alongside Sean Penn in I Am Sam back in 2001. She's since averaged about three movies a year and, next year, has a spot in Ocean's 8 alongside Sandra Bullock, Cate Blanchett, Helena Bonham Carter, Anne Hathaway, Mindy Kaling, Rihanna and Sarah Paulson.
However, she's been living at home with the 'rents and little sister Elle (Super 8, Maleficent, Neon Demon and with the aforementioned Dorff in Somewhere) since the family bought its home in Studio City, Calif., for $1.325 million in 2003. Built in 1953 and measuring 3,582 square feet, this gated French country-style home on a hillside cul-de-sac is surrounded by oak trees with expansive views of the Hollywood Hills. The living and dining rooms have vaulted ceilings, a custom limestone fireplace, and French doors that overlook Los Angeles, while the kitchen's marble counters and breakfast nook overlooks a stone-lined swimming pool and the connecting family room. It's a great family home by any measure, but may be getting too small to contain two prolific actresses who are now 23 and 18, respectively, and really ought to consider getting out from under mom and dad's roof.
Asking price: $4.995 million
It must be humbling to keep up with the Joneses when they're your kids. This Real Housewife of Beverly Hills has watched her children Gigi, Bella and Anwar find success as models in New York City and is considering a move out there now that she and music mogul David Foster have split. She's done a stint out there before, back when Gigi was just starting her modeling career. She bought a place for the two of them on The Bowery -- because that's who lives there now that CBGB has been closed for 11 years and Joey Ramone has been dead for 16 -- but hasn't owned it in years. She and Foster sold their six-bedroom, nine bathroom place in Malibu back in 2014 for $8 million less than its $27.5 milion asking price. She's hoping for some better luck in flipping this three-bed, three-and-a-half-bath spread in the Carlyle Residences with 11-foot ceilings and floor-to-ceiling glass, a private elevator entrance, a chef's kitchen, two Sub-Zero refrigerators, quartz countertops, onyx-and-granite baths, a master suite with a store-sized closet, a second-floors suite, three deeded parking spaces, a valet, concierge, swimming pool, gym and wine storage area.
Asking price: $4.75 million
Now that Blink 182 has another album out, is touring again and bounced Tom DeLonge out of the band in favor of Alkaline Trio's Matt Skiba -- so, more like Blink 182-1+Some Other Guy -- its drummer and most famous member of the reality show era can get back to his hobby of stacking paper and flipping homes.
Just purchased in 2014 for $4 million, this 4,173-square-foot modern home was built with ten-foot windows, a kitchen island that extends outside, a retractable wall of glass and a second floor cantilevered over the outdoor patio's television and fireplace. The home office includes has its own entrance, while the master suite has three walk-in closets, a ceramic-and-walnut master bath and a built-in vanity, it's just one of the properties he owns in Rancho Cucamonga, Riverside, Lake Elsinore, Bel Air, and Calabasas, so once he's done playing the hits of the early 2000s to the nation's greying pop-punk moms and dads, he can work on purchasing his next pet project.
Asking price: $1.8 million
The downside: You just know a ton of dogs have been through this place, funking it up and shedding all over the joint. The upside? The Dog Whisperer likely has them trained well enough to prevent them from doing far worse.
Milan bought this home in 2012 for $1.62 million and got quite a deal for it. The 3,809-square-foot home includes a sprawling, landscaped front yard with a water fountain, a formal living room with lofted ceilings and a fireplace, formal dining room with coffered ceilings and walnut floors and a gourmet kitchen with a chef's island and farmer's sink. The accordion doors in the family room open onto a yard with an outdoor fireplace, swimming pool, spa and covered patio. The master suite includes two walk-in closets, a sitting area, a two-sided fireplace, a private balcony and a master bath with an oversized step-in shower, spa tub, dual vanities and additional makeup vanity. Milan is clearing out to live with his soon-to-be wife, Jahira Dar, but the estate he's leaving behind is no doghouse.
Asking price: $12.995 million
For those rolling in Hondas and in need of workout tapes, Jane Fonda was the answer. Sure, now she's on your mom's favorite Netflix show with Lily Tomlin, but back in 2012 she spent some of that workout cash -- along with what's left from her paydays for Barbarella and On Golden Pond -- to spring for this estate with longtime partner Richard Perry. Located in Trousdale Estates with views of the canyons and ocean, this 7,100-square-foot home includes a glass elevator that leads to the main level, a combined dining room and living room, a butler's pantry, bar, office, and chef's kitchen (with verde quartz countertops, a center island, and a breakfast bar) and a family room that opens out to a terrace over the backyard. The first floor houses the media room, a full bar, cork floors, a spacious gym and a his-and-hers master suite a steam shower, soaking tub, radiant-heated porcelain floors, and large walk-in closets.
Located on a 36,000-square-foot lot with multiple covered and open patios, a swimming pool, a viewing pavilion with a fire pit, and a meditation garden with fountain, Fonda's estate also features green amenities including photovoltaic panels, a solar-heated pool, ventless fireplaces, thermal glass, double-glazed UV windows with motorized room-darkening shades and bamboo floors. The four-bedroom, six-and-a-half-bathroom home was picked up for $7.3 million back in 2012, but you don't inspire Sir Mix-A-Lot's anaconda by selling low.
Asking price: $35 million
The singing competition judge, clothing designer, pop singer and woman that your older aunt and uncle remember from gigs with her ska-punk band when they were still playing clubs in the early '90s has found one trade she hasn't mastered: real estate.
Stefani and her ex husband, Bush lead singer Gavin Rossdale, bought this place for $13.25 million back in 2006 -- just two years after Jennifer Lopez parted with it. On a ridge overlooking both Beverly Hills and Studio City, "The Summit" is nearly 12,000-square-feet of Stefani's Love-Angel-Music-Baby (L.A.M.B.) black-and-white motif spread out across seven bedrooms, 11 bathrooms and a separate guesthouse overlooking the San Fernando Valley. The guarded gate entrance and 250-foot private driveway lead to a master suite is equipped with two separate bathrooms and two stand-alone dressing rooms, a large outdoor dining room, an outdoor kitchen, an outdoor living area with a fireplace, infinity pool, lighted tennis court, a playground and a chicken coop.
While $35 million is a lot to pay for a gut renovation of someone else's questionable style decisions of the mid-2000s, just consider it a parting gift for Gwen. Goodbye, fading mid-2010s No-Doubt-reunion Gwen; hello reality television and potential marriage to Blake Shelton.
Asking price: $8 million
With Hugh Hefner now just a tenant in the Playboy Mansion and his magazine drifting from literate nudie mag to no nudity to a more natural, less enhanced nudity, you wonder what will become of his employees/love interests from his empire's waning Girls Next Door years.
Holly Madison is doing just fine. Hefner's ex has made some serious cash off of not only Girls Next Door, but her multiple boos and a Las Vegas revue. Her six-bed, nine-bath home went for just $7.1 million two years ago, so she'll make a decent profit off of this sale as well -- if she gets her asking price.
Built in 1926, this 8,516-square-foot Spanish Colonial features a two-story entryway that continues into a formal living room and a game room with a built-in bar and drop-down movie projector. A wood-paneled dining room and a kitchen with a 20-foot Carrara marble island flow into glass-paneled doors that open onto a yard with a terrace overlooking the garden, a swimming pool, a spa, a built-in barbecue and fountains. The master bedroom comes complete with a fireplace, his-and-her baths, and separate walk-in closets, while the additional five bedrooms each have their own bathroom. The rooftop deck with golf-course view, the home office, the wine cellar and the maid's quarters would be signature pieces in many other homes, but are throw-ins here.
So where's Madison off to? Vegas, where she and husband Pasquale Rotella bought a home in 2013 for $3.475 million and live with their two children. Yes, sometimes you just grow out of the grotto.
Asking price: $2.675 million
Rob is either just trolling the rest of the Kardashian clan or has learned to play their game really well.
He not only hooked up with Kim's nemesis and Kanye West's ex Blac Chyna, but also had a child with her and drew a whole lot of camera time away from the rest of the family. Now, he's selling the four-bedroom, five-bathroom home that his mother Kris Jenner paid $2.285 million for last year. Honestly, we don't blame him: his sisters Kourtney, Kylie, and Khloe have basically bought up Calabasas and all live in the same neighborhood as this house. When you have a sock empire to run, you can't have the rest of the family spending as much time with you off-camera as they do when E! is recording.
This mockup of an East Coast colonial never had a chance. Built in 2005, it measures 4,256 square feet and features large windows, a formal living room with fireplace and an office with French doors that open to a front porch. There are also four large bedroom suites that imply the family is staying over. Instead of having everyone around the kitchen's large center island and in its breakfast nook, or mucking around the formal dining room and the butler's pantry, Rob is cutting the cord while he has the chance. Those French doors out to the courtyard and the family room that opens out to the swimming pool, spa, fire pit, and outdoor kitchen aren't going to be used by the other Kardashians any time soon.