The luxury segment has been the unexpected surprise of 2020. Despite a short dip in April and May, the market bounced back. The median price of luxury single-family homes* has increased by 4.8% since January, and sales volume has doubled since May.
Source: Inman News
5 wealth trends shaping luxury real estate in 2020
More from BrokerageMore posts in Brokerage »
- Redfin on 2026: Affordability improves, sales rise only slightly
- Dual licensing is on the rise. Is it the right move for your business?
- Future-proof your digital footprint for 2026 (and beyond)
- Change strategy as the market shifts to win the listings long game
- Listing leverage: How to win the game of securing sellers
More from coldwell bankerMore posts in coldwell banker »
- Coldwell Banker nabs 1,300-agent affiliate from Berkshire Hathaway
- Despite unease, Compass poised to retain most Anywhere agents
- Price cuts and concessions: Here’s how to prepare homeowners for the reality of selling a home today
- Anywhere expects preservation of brand ‘independence’ after Compass merger
- Former Coldwell Banker CEO on affordability and ‘purple’ policies
More from Craig HoganMore posts in Craig Hogan »
- Bigger is better: Square footage is the No. 1 amenity for luxury buyers
- Coldwell Banker partners with JamesEdition on luxury listings
- Coldwell Banker unveils new global luxury rebranding
- How the coronavirus pandemic is reshuffling the luxury real estate market
- The average millennial millionaire has 3 homes and will inherit more
More from decentralizationMore posts in decentralization »
More from high-end real estateMore posts in high-end real estate »
- Brandi Marshall on ‘Selling the OC’ stardom, feuds and a brutal real estate market
- A 7-home estate and a former talk show host’s Montecito hideaway among September’s priciest sales
- Selling real estate is selling a story. Here’s how to do it right
- Christie’s Real Estate expands into Traverse City, Michigan
- Why now is the perfect time for a mansion boom
More from luxury real estateMore posts in luxury real estate »
- Future-proof your digital footprint for 2026 (and beyond)
- Luxury’s next phase: What the 2026 buyer really wants
- Stock market gains push luxury homebuyers ahead in October
- Inman is celebrating 30 years of community, and you’re invited
- Brandi Marshall on ‘Selling the OC’ stardom, feuds and a brutal real estate market
More from mansionMore posts in mansion »
More from marketMore posts in market »
More from real estateMore posts in real estate »
- Keller Williams expands overseas once again
- October brought the strongest buyer’s market in 12 years: Redfin
- 41 years, 8 lessons, 1 truth about real estate that never changes
- Dawn of a new era: Here’s how NAR says it’s changing for its members
- Inman is celebrating 30 years of community, and you’re invited
More from SponsoredMore posts in Sponsored »
- Home investors’ strategies vary by location: Here’s where they’re getting the most for their money
- The 5 non-negotiables of real estate AI
- 3 opportunities agents miss without a top global brand
- AI basics for agents: How to get started with confidence
- Price cuts and concessions: Here’s how to prepare homeowners for the reality of selling a home today
Be First to Comment