A new report from Zillow shows that luxury home values rose 2.7 percent over the past year, with the typical luxury home now valued at around $1.8 million. In some high-demand cities, like New York, Los Angeles, San Diego and San Francisco, luxury homes are commanding more than double that price.
Source: Inman News
Luxury home values have hit $1.8M, bucking the spring slowdown
Published in Analysis, austin, chicago, cincinnati, columbus, Data, economic uncertainty, home values, homebuying, inflation, inman, los angeles, luxury, luxury buyers, luxury home values, luxury lens, Markets & Economy, miami, mortgage rates, new york, News Brief, ohio, Orphe Divounguy, san diego, san francisco, Select, tampa, Zillow and Zillow Senior Economist
More from AnalysisMore posts in Analysis »
- Hopeful but wary, agents report slippage in listing pipelines: Intel
- Blueprint launches new subscription research platform for commercial executives
- As homebuyers gain leverage, sellers get cold feet. Is it happening near you?
- Modest gains help agents see path to recovery: Client Pipeline Tracker
- Why Trump’s moves to control Fed could send mortgage rates higher
More from austinMore posts in austin »
- Zillow released its price forecast for hundreds of US markets. What will happen near you?
- How a Green Beret turned an agent’s advice into a $600M empire
- More than half of metros stray from ‘balanced’ housing market
- 5 creative strategies to overcome seller staging objections
- How the growing buyer power shift is reshaping the real estate market
More from chicagoMore posts in chicago »
More from cincinnatiMore posts in cincinnati »
- Why is Midwest real estate beating the rest of the country?
- Backers of rival mortgage credit scores wage public relations war
- MLS hacked? Solid Earth’s Passkey authentication aims to lock it down
- Compass’ antitrust gamble could shatter Zillow’s empire
- 7 metros where you can snag a luxury home for less than $1M
More from columbusMore posts in columbus »
- Trump tariff policy has soured Canadian interest in US properties
- Mortgage lender Lower acquires Movoto and parent OJO
- Former Century 21 agent under fire for ‘I hope Trump deports you’ note
- Go Mortgage and PacRes seek economies of scale in merger
- Lower building in-house mortgage tech with Neat Labs acquisition
More from DataMore posts in Data »
- Here’s why price cuts are sweeping the country
- Pending home sales jumped 4% in August in positive market signal
- Hopeful but wary, agents report slippage in listing pipelines: Intel
- Blueprint launches new subscription research platform for commercial executives
- As homebuyers gain leverage, sellers get cold feet. Is it happening near you?
More from economic uncertaintyMore posts in economic uncertainty »
- How the growing buyer power shift is reshaping the real estate market
- New listings grew 276% last week — but it’s not enough
- How industry infighting makes it harder for clients to achieve the American dream
- High-net-worths find safe harbor in real estate: Sotheby’s Realty
- New residential sales drop nearly 14% in May, their sharpest in 3 years
More from home valuesMore posts in home values »
- Hot and cheap: 7 places buyers can still find a home for under $300K
- Zillow’s images, Compass’ new lawyer, low-cost listings: Top 5
- These 10 real estate markets have lost $233B in value since 2024
- Home prices climbed in February — but the momentum is cooling
- The top 1% could buy nearly all homes in the US with their wealth
More from homebuyingMore posts in homebuying »
More from inflationMore posts in inflation »
- Government shutdown could bring mortgage rates down
- Should they stay or go (down) now? Forecasters are split on where mortgage rates will be in 2026
- Why is the Fed cutting interest rates — and what happens next?
- Homeowners rush to refinance as mortgage rates hit 2025 low
- Rising inflation makes ‘jumbo’ Fed rate cut unlikely next week
More from inmanMore posts in inman »
- The death of old-school SEO, and what it means for real estate
- Cloze’s MAIA is smart, task-driven and enterprise-ready: Tech Review
- 7 AI tips for real estate agents from a tech insider
- Zillow released its price forecast for hundreds of US markets. What will happen near you?
- Don’t just read the news. Be part of the story with Inman’s Tip Line
More from los angelesMore posts in los angeles »
- Success is how I promote change within the Hispanic community
- Here are the stories you missed amid the Compass coverage
- More than half of metros stray from ‘balanced’ housing market
- LA’s so-called ‘mansion’ tax has failed. It’s time to overturn it
- Why Flyhomes is quitting the real estate brokerage business
More from luxuryMore posts in luxury »
- How one upstart brokerage went from nothing to IPO in 3 years
- Douglas Elliman launches national Estate, Trust & Probate Division
- Engel & Völkers’ CEO: ‘We’re focused on culture over indiscriminate scale’
- $1B Florida brokerage and former NFL prospect join Christie’s International Real Estate
- Enduring elegance: Leadership lessons from Giorgio Armani
More from luxury buyersMore posts in luxury buyers »
More from luxury lensMore posts in luxury lens »
- How one upstart brokerage went from nothing to IPO in 3 years
- Douglas Elliman launches national Estate, Trust & Probate Division
- Engel & Völkers’ CEO: ‘We’re focused on culture over indiscriminate scale’
- $1B Florida brokerage and former NFL prospect join Christie’s International Real Estate
- Enduring elegance: Leadership lessons from Giorgio Armani
More from Markets & EconomyMore posts in Markets & Economy »
More from miamiMore posts in miami »
- Zillow released its price forecast for hundreds of US markets. What will happen near you?
- How one upstart brokerage went from nothing to IPO in 3 years
- More than half of metros stray from ‘balanced’ housing market
- How the growing buyer power shift is reshaping the real estate market
- ‘Not a shift, a transition,’ 2 reports say of homebuying market
More from mortgage ratesMore posts in mortgage rates »
- Government shutdown could bring mortgage rates down
- Supreme Court not ready to let Trump boot Fed Governor Lisa Cook
- Is the mortgage lock-in effect ending? These numbers offer clues
- Pending home sales jumped 4% in August in positive market signal
- Hopeful but wary, agents report slippage in listing pipelines: Intel
More from new yorkMore posts in new york »
- Supreme Court not ready to let Trump boot Fed Governor Lisa Cook
- Attorneys general pile onto Zillow-Redfin following FTC rental suit
- Zillow bashes CoStar in request to transfer lawsuit
- Better Mortgage seizes the day on Wall Street with $75M raise
- Democrats seek transparency into Fannie, Freddie ‘reprivatization’
More from News BriefMore posts in News Brief »
- A mega-team goes indie, and other big-time real estate moves
- Zillow bashes CoStar in request to transfer lawsuit
- In copyright battle with Zillow, CoStar says the portal giant ‘brazenly’ keeps at it
- Pending home sales jumped 4% in August in positive market signal
- Former agent convicted of swindling woman out of her home
More from ohioMore posts in ohio »
- Trump tariff policy has soured Canadian interest in US properties
- Evergreen Home Loans hiring to serve 29 additional states
- The hottest ZIP codes of 2025: What real estate agents need to know
- Backers of rival mortgage credit scores wage public relations war
- Home price growth rose seasonally in March, but continues to slow
More from Orphe DivounguyMore posts in Orphe Divounguy »
- These 10 real estate markets have lost $233B in value since 2024
- A ‘herky jerky’ start to the spring buyer season isn’t deterring agents
- Want to get more for your sellers? List in late May
- Black households led first-time homebuyer market in 2024
- Median home sale price in US rises to record high as transactions dip
More from san diegoMore posts in san diego »
- Associations: Want to add value, relevance? Raise the bar on events
- Does the Compass-Anywhere deal set the stage for a private listings culture clash?
- Why Flyhomes is quitting the real estate brokerage business
- The No. 1 secret to not using ‘salesy’ scripts: Now Streaming
- AI isn’t here to replace agents. It’s here to make you faster, better
More from san franciscoMore posts in san francisco »
- Zillow released its price forecast for hundreds of US markets. What will happen near you?
- Anywhere: The rise and fall of an industry giant
- Pacaso plans to launch ‘bespoke’ co-ownership mortgage in Q4
- Buyer’s market now in doubt as new listings tank 7.3%
- Pennymac takes a stake in Vesta, launches non-QM mortgages
More from SelectMore posts in Select »
- The death of old-school SEO, and what it means for real estate
- Credit bureaus slam plan to cut them out of FICO score pricing
- Forget private marketplaces, Colorado brokers launch full-transparency offensive
- Cloze’s MAIA is smart, task-driven and enterprise-ready: Tech Review
- Lesson Learned: Luxury isn’t price, it’s experience
More from tampaMore posts in tampa »
- Zillow released its price forecast for hundreds of US markets. What will happen near you?
- How the growing buyer power shift is reshaping the real estate market
- Buyer’s market now in doubt as new listings tank 7.3%
- Trump tariff policy has soured Canadian interest in US properties
- Here are the markets where homebuyers have the upper hand
More from ZillowMore posts in Zillow »
- The death of old-school SEO, and what it means for real estate
- Zillow released its price forecast for hundreds of US markets. What will happen near you?
- Attorneys general pile onto Zillow-Redfin following FTC rental suit
- FTC sues Zillow: A wake-up call for real estate agents and brokers
- FTC sues Zillow, Redfin over $100M rental syndication deal
Be First to Comment