Celebrities love to flash the cash - and who can blame them when their millions continuing to roll in.
And one of the biggest purchases stars like Ellen DeGeneres and Nicole Kidman make is real estate and 2012 has been no exception with the A-listers buying some lavish new homes. We're so jealous!!
Let's take a look at the 10 most expensive real estate deals of the year starting at number 10…
10. $11 MILLION - TORY BURCH'S HAMPTONS MANSION
Tory Burch had initially picked up the seaside home in the Hamptons for $22.5 million but after water damage was found on the property it was considered a "teardown" and the price reduced drastically.
9. $11 MILLION - RYAN SEACREST'S HOLLYWOOD HILLS SPANISH STYLE
The American Idol host is moving on up and sold his 5-bedroom, 4-bathroom Spanish style mansion for $11 million. He had first listed it on the market for $14.95 million.
8. $12 MILLION - EDDIE MURPHY'S NEW JERSEY HOME
Celebrities tend to like to buy from each other and in that vain, Eddie Murphy sold his Englewood, New Jersey estate to Alicia Keys. Although it was initially listed for $30 million, the 25,000 square-foot home went for a more modest $12 million in the end.
7. $12.8 MILLION - RICKY MARTIN'S MIAMI BEACH MANSE
Ricky Martin has made the move to New York and he offloaded his third Florida mansion before hitting The Big Apple. He suffered a loss on the Mediterranean masterpiece that he bought for $16.25 million back in 2007. The 4-bedroom, 6-bath home comes with an 108-foot private beach.
6. $13 MILLION - ELLEN DEGENERES' MALIBU PAD
Ellen DeGeneres is one of the savviest real estate buyers in showbiz. Having bought a mid-century home from Brad Pitt in December 2011 for $12 million, she put it back on the market just six months later for $13 million. The bluff-top home sits on 1.26 acres with spectacular views of the ocean.
5. $15.5 MILLION - DEREK JETER'S TRUMP PENTHOUSE
Derek Jeter sold off his Manhattan bachelor pad back in October. He had bought the home from Donald Trump in 2001 for $12.72 million.
4. $16 MILLION - NICOLE KIDMAN'S CONDO
Nicole Kidman has offloaded a swanky New York pad that she never actually lived in. The actress bought the West Village apartment which overlooks the Hudson River in 2001 after her divorce from Tom Cruise but became disenchanted with the condo after her view was blocked by a nearby construction. She was renting it out for $45,000 a month but finally sold it in August.
3. $18.1 MILLION - MICHAEL JACKSON'S FINAL HOME
The King of Pop only rented the Beverly Glen, California estate but it became infamous after the music star died there. The 17,000 square-foot French chateau-style home has a wine cellar, movie theater, 14 fireplaces and large pool.
2. $19.5 MILLION - ADRIENNE MALOOF'S TV HOME
Real Housewives of Beverly Hills star Adrienne Maloof's home became well known from her turn on the hit Bravo show but she has now sold up after filing for divorce from estranged husband Paul Nassif. The 7-bed, 9-bath estate has a tennis court, media room and guest house. It sold in about a month which is very quick for such an expensive property.
1. $49 MILLION - ELLEN DEGENERES' BEVERLY HILLS ESTATE
The talk show titan made the biggest real estate deal this year when she sold her Beverly Hills compound to Ryan Seacrest. The home is a full city block with a gated drive leading to the mid-century modern home and has high-end security, pool tennis court and guest houses.
Retreived from: http://www.okmagazine.com/news/posh-pads-biggest-celebrity-home-sales-2012