Luxury Home Prices Rise While Pending Sales Activity Slows

Luxury Homebuyers Adopting New Approach - The MortgagePoint

Redfin reports that the typical U.S. luxury home sold for a near-record $1,348,065 in April, up 6.5% year-over-year, as pending sales dropped to the lowest level in over a decade amid economic uncertainty. Non-luxury home prices grew 4.1% to a record high median of $374,598 in April 2025. Redfin defines luxury homes as those estimated to be in the top 5% of their respective metro area based on prices of homes sold over a rolling 12-month period,…

Luxury Home Prices Rise While Pending Sales Activity Slows

In comparison, non-luxury home prices grew 4.1% to a record high median of $374,598. Continue Reading Luxury Home Prices Rise While Pending Sales Activity Slows The post Luxury Home Prices Rise While Pending Sales Activity Slows appeared first on Weekly Real Estate News.