Housing Market News
Luxury Market
$60 Million Montecito Mansion Tops List of April’s Priciest Home Sales
Bruce Willis’ former Beverly Hills home and a mountain retreat in Vail are also among April’s most expensive home sales. An unfinished mansion in Montecito,
San Francisco’s Luxury Home Sales Jump 22% As Median Price Nears $7M
Luxury home sales are surging in San Francisco, the epicenter of the AI boom, pushing the median sale price to the highest March level on
A Billionaire Beach Party: Mark Zuckerberg’s $170 Million Florida Purchase Tops March’s Most Expensive Home Sales
A wave of ultra-luxury deals made coastal Florida the center of America’s priciest home sales in March. Other notable sales include Tom Cruise’s former Beverly
February’s $30M+ Home Sales Cluster in Florida and NYC—Including Two in the Same Barrier Island Enclave
Florida and New York dominated February’s ultra-luxury housing market, with oceanfront estates and Central Park condos going for more than $50 million. A never-before-listed oceanfront
West Palm Beach’s Luxury Housing Market Is Booming, With Sales Up 30%
Luxury pending home sales in West Palm Beach posted a larger gain than any other major metro in January, rising almost six times faster than
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
Is the Luxury Housing Market in a Slump?
Global economic volatility rocked the U.S. luxury housing market in the first quarter of 2016, as the average sale price of luxury homes fell 1.1
For-Sale Shortage Hits the Beach And Sends Vacation Home Prices Soaring
Getting away got pricier and sales slowed.
Luxury Housing Market Rebounded at the End of 2015
The luxury home market rallied at the end of 2015, ending a nine-month slowdown. But the future for the top of the market remains cloudy.
Home Prices in the Luxury Market Fell This Summer for the First Time Since 2012
Does a dip in luxury home prices indicate that wealthy buyers and foreign investors are stepping out of the market?
Sales of Million-Dollar-Plus Homes Growing, But Who’s Buying Is Shifting
Sales of homes for $1 million and more continued to solidly outpace the rest of the housing market in the third quarter.
2014 Luxury Report: Sales of Priciest 1% of Homes Climb While Rest of Home Sales Still Down
Home sales so far this year are lower than they were in 2013, but there’s one sliver of the housing market that’s going strong: the very top of it. Sales of the priciest 1 percent of homes are up 21.1 percent so far this year, following a gain of 35.7 percent in 2013.
