Luxury Prices Extend 31-Month Run of Annual Declines, but 12 Markets Buck the Trend, Realtor.com® Finds

Luxury Prices Extend 31-Month Run of Annual Declines, but 12 Markets Buck the Trend, Realtor.com® Finds

Florida accounts for five of the 12 metros with rising luxury prices; Naples, Fla., leads with a 9.0% annual gain

Luxury Home Prices Are Falling, but These Pockets of Growth Are Defying the Slump

Among the top 12 growth markets for entry-level luxury, the South dominates, while only two Northern metros made the cut.http://dlvr.it/TWFzc5

Luxury Prices Fell 2.3% for a 31st Month; Naples Rose 9.0%

Key Takeaways The national entry point to luxury housing fell to $1,197,014 in October, down 2.3% from a year ago, the 31st consecutive month of annual declines, according to Realtor.com. The pullback steepened at the top: the high-end threshold fell 4.1% to $1,873,040 and the ultraluxury threshold fell 6.2% to $5,125,874, yet luxury homes sold […] The post Luxury Entry Price Fell 2.3% for a 31st Straight Month, but Naples Rose 9.0% appeared fir…