Housing Market News
Luxury Market
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
Shrinking Supply Sends Prices for Luxury Homes Up Nearly 8 Percent in First Quarter
Number of Luxury Homes for Sale Fell 20 Percent, Marking Four Consecutive Quarters of Decline
$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
