Housing Market News

Typical U.S. Luxury Home Price Rises 4% to $1.25M as Sales Fall to Lowest August Level in Over a Decade
The typical U.S. luxury home sold for $1,250,000 in August, up 3.9% from a year earlier. Luxury home sales fell 0.7% to the lowest August

August’s Most Expensive Home Sales: Rosie O’Donnell’s Former Miami Mansion, Kauai Compound Once Owned by Julia Roberts
Four of last month’s most expensive sales were in coastal Florida, and one was a Beverly Hills estate previously home to billionaire real estate developer

July’s Most Expensive Home Sales Include Spelling Mansion, Obama’s Former Summer Retreat
Four of last month’s 10 most expensive home sales were in Southern California, five were in coastal Florida and one was on Martha’s Vineyard. A

Here Are the Most Expensive Home Sales of May
All of last month’s most expensive home sales were in Southern California, Florida or Manhattan. A Bel Air estate was the most expensive home sale

There Are 7 Major Metros Where You Can Still Buy a Luxury Home For Less Than $1 Million. Five Years Ago There Were 30.
The number of major metros where you can buy a luxury home for less than $1 million has shrunk from 30 to seven since 2020.

Luxury Pending Home Sales Fall 10% to Lowest April Level in Over a Decade as Stock Market Volatility Sidelines Wealthy Buyers
The typical U.S. luxury home sold for $1,348,065 in April, up 6.5% from a year earlier, but down slightly from the record high set in

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.