Housing Market News

The Bay Area Leads August’s Most Expensive Home Sales With a $70M Hillsborough Estate
August’s top 10 list was dominated by the Bay Area. Mega-mansions in Southern California, Florida and Hawaii also made the list. A Bay Area estate

Florida’s Luxury Market Pulls Away From the Pack, With Miami and Tampa Posting Double-Digit Price Increases
The luxury housing market in parts of Florida is outperforming the U.S. luxury market as affluent buyers flock to the Sunshine State, fueling high-end demand.

California Dreamin’: $130M Bel Air Estate Tops July’s Priciest Home Sales
July’s top four priciest home sales were in Southern California, followed by two Manhattan townhouses, a handful of Florida estates and an Arizona compound. A

Beachfront Florida and Coastal California Ruled June’s Ultra-Luxury Home Sales
The most expensive home sale of June was a $71 million waterfront estate near Palm Beach, followed by a Beverly Hills compound. A beachfront estate

A Tale of Two Markets: Luxury Home Prices Are Rising 3 Times Faster Than Non-Luxury Prices
Luxury U.S. home prices are up 4.7% year over year, compared to a 1.5% increase in non luxury prices, as homebuying demand from affluent people

Florida Dominates May’s Most Expensive Home Sales, Led by a $75 Million Boca Raton Deal
A Boca Raton mansion within a private golf course community and two apartments in New York City are among May’s most expensive home sales. A

Luxury Home Sales Surge 42% in the Third Quarter as Sales of Affordable Homes Falter, Highlighting the Pandemic’s Uneven Impact on Americans With Less Wealth
A relative abundance of expensive homes is supporting sales at the high end and giving luxury homebuyers plenty of options to choose from. Meanwhile, sales

Luxury Home Prices Bounce Back, Rising 1.2% in Early Summer
Luxury real estate prices are rising as the coronavirus pandemic drives demand for extra bedrooms, home offices, big backyards and pools

Luxury Home Prices Dropped 2.3% This Spring, Reversing Course From Pre-Pandemic Growth
Momentum in high-end home-price growth changed course with the onset of the coronavirus pandemic, but the latest data shows luxury home prices are starting to rebound.

Luxury Housing Prices Strengthen in Fourth Quarter, But Still Have Room to Grow
The luxury real estate market ended the year in a better place than it started, but growth still remains below its peak.

Luxury Housing Market Stabilized in the Third Quarter After a Weak First Half
With sales up and supply down, the luxury market moderated after the first two quarters were marred by nerves about an impending recession.

Luxury Housing Market Remains Chilly: Prices up Just 1% Amid Falling Sales and Surging Supply in the Second Quarter
High-end home prices rebounded slightly in the second quarter, but sales continued to drop and supply surged.