U.S. Luxury Home Market Shows Mixed Pricing and Divergent Selling Speeds
News Corporation - Class A (NWSA)
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Source: PR Newswire
National luxury prices ease while select markets see rapid turnoverAUSTIN, Texas, Dec. 22, 2025 /PRNewswire/ -- National luxury home prices continued to soften in November 2025, with the 90th-percentile threshold dipping to $1.20 million, down 2.3% from a year ago, according to the November Realtor.com® Luxury Housing Report. While the ultraluxury segment showed modest monthly growth, the broader luxury market is experiencing a mixed landscape, with some metros moving quickly and others seeing slower turnover.Among the nation's most expensive markets, eight of the top 10 posted annual price declines, led by Kahului–Wailuku, HI, where luxury thresholds fell 21% year over year. By contrast, Heber, UT, saw its luxury threshold climb nearly 10%, and Key West–Key Largo, FL, remained steady, underscoring the market's divergent trends."Luxury home dynamics are increasingly driven by local factors rather than national trends," said Antony Smith, senior economist at Realtor.com®. "Some high-co
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