Housing Market News
Luxury Market
Luxury Home Prices Keep Climbing Despite Sluggish Demand
Luxury home prices rose 4.6% in December—more than triple the gain in non luxury prices. Only two major metro areas saw declines. Redfin agents say
West Palm Beach Tops 10-Year Luxury Home Price Growth as Traditional Giants Like New York Lag Behind
Luxury home sale prices in West Palm Beach, FL have jumped 187.3% to a median $4.04 million over the past decade—the fastest growth among major
U.S. Luxury Home Prices Jump 5.5% in October, Triple the Pace of Non-Luxury Homes
Luxury home sale prices rose 5.5% year over year to a median $1,278,950, a record high for October. Non-luxury home prices grew 1.8% to a
October’s Most Expensive Home Sales Include Adam Levine’s Former Montecito Compound
California and Florida dominated October’s ultra-luxury housing market, with oceanfront estates and celebrity homes going for more than $30 million. A brand-new oceanfront estate in
U.S. Luxury Home Prices Rose 5% in September, Twice the Pace of Non-Luxury Prices
The typical U.S. luxury home sold for $1,262,000 in September, up 4.8% from a year earlier to a record high for the month. Luxury home
September’s Most Expensive Home Sales Include Ellen DeGeneres’ Former Montecito Mansion
California compounds and Colorado ski houses made up the lion’s share of September’s most expensive home sales. The Green Gables estate in the Bay Area,
Luxury is Becoming More Attainable. Here’s What Luxury Homes for Sale Look Like Around the Country
For the first time in years, the average sale price for luxury homes nationwide fell to $1.55 million in the first quarter of 2019.
Sales of $2M-Plus Homes Down 16% in the First Quarter, Biggest Year-Over-Year Decline Since 2010
Nationwide, prices for luxury homes dropped 1.6% annually in the first quarter, while sales plummeted 16% and inventory rose 14%. In some cities, though, the luxury market is going strong.
7 Luxury Trends for 2019
Money can’t buy you love but it sure buys a pretty home. These are the top luxury trends and features guaranteed to be on home buyers’ wish lists for 2019.
Sales of $2 Million-Plus Homes Decline for First Time in 2 Years as Prices Tick Up
Volatility on Wall Street and global economic uncertainty may have contributed to a decline in high-priced home sales in the luxury market. The average sale
Luxury Home Prices Up 3.2 Percent Annually in the Third Quarter, the Lowest Growth Rate in Nearly Two Years
Supply of homes priced $2 million or more fell 6 percent from a year earlier, as inventory overall inched up. Luxury home prices rose 3.2
Luxury Home-Price Growth Slows to 5 Percent in the Second Quarter
Despite Cooling in Price Growth, High-End Homes Sold Faster Than Ever
