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
Here Are the 10 Most Expensive Home Sales of February
Most of February’s most expensive home sales were in beachfront Florida, with properties in Southern California and Manhattan rounding out the list. Coastal Florida was
Luxury Home Prices Spike 9% to All-Time High
Luxury home prices rose 8.8% year over year in the second quarter, more than twice as fast as non-luxury homes. Luxury home sales grew 0.2%,
The Typical U.S. Luxury Home Costs More Than Ever Before
Luxury home prices in the first quarter rose 9% year over year, twice as fast as non-luxury prices. Sales of luxury homes rose 2%, compared
Luxury Home Prices Hit All-Time High As Record Share of High-End Buyers Pay Cash
Prices of luxury homes rose at twice the pace of non-luxury homes at the end of 2023, partly because elevated mortgage rates are irrelevant
Cash Is King: Luxury Home Prices Are Outperforming as Affluent Buyers Dodge High Mortgage Rates
Luxury home prices rose 9% to the highest third-quarter level on record, growing nearly three times faster than non luxury prices. Luxury sales and listings
Luxury Home Prices Post Double-Digit Drops in the Bay Area, Seattle
Luxury home prices in the Bay Area and Seattle fell between 10% and 13% in the second quarter—more than anywhere else in the country. Nationwide,
