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Home of the CLHMSTM
www.LuxuryHomeMarketing.com
LUXURY MARKET REPORT
SEPTEMBER 2022
Copyright © 2022 Institute for Luxury Home Marketing | www.luxuryhomemarketing.com | 214.485.3000
The Luxury Market Report is a monthly analysis provided by The Institute for Luxury Home Marketing.
Luxury benchmark prices are determined by The Institute. This active and sold data has been provided by REAL Marketing,
who has compiled the data through various sources, including local MLS boards, local tax records and Realtor.com. Data is
deemed reliable to the best of our knowledge, but is not guaranteed.
MAP OF LUXURY RESIDENTIAL MARKETS
THIS IS YOUR
LUXURY MARKET REPORT
Welcome to the Luxury Market Report, your guide to luxury real estate market data and trends
for North America. Produced monthly by The Institute for Luxury Home Marketing, this report
provides an in-depth look at the top residential markets across the United States and Canada. Within the
individual markets, you will find established luxury benchmark prices and detailed survey of luxury active and
sold properties designed to showcase current market status and recent trends. The national report illustrates
a compilation of the top North American markets to review overall standards and trends.
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REPORT GLOSSARY
The Institute for Luxury Home Marketing has analyzed a number of metrics — including sales
prices, sales volumes, number of sales, sales-price-to-list-price ratios, days on market and
price-per-square-foot – to provide you a comprehensive North American Luxury Market report.
Additionally, we have further examined all of the individual luxury markets to provide both an
overview and an in-depth analysis - including, where data is sufficient, a breakdown by luxury
single-family homes and luxury attached homes.
It is our intention to include additional luxury markets on a continual basis. If your market is
not featured, please contact us so we can implement the necessary qualification process. More
in-depth reports on the luxury communities in your market are available as well.
Looking through this report, you will notice three distinct market statuses, Buyer's Market,
Seller's Market, and Balanced Market. A Buyer's Market indicates that buyers have greater
control over the price point. This market type is demonstrated by a substantial number of
homes on the market and few sales, suggesting demand for residential properties is slow for
that market and/or price point.
By contrast, a Seller's Market gives sellers greater control over the price point. Typically, this
means there are few homes on the market and a generous demand, causing competition between
buyers who ultimately drive sales prices higher.
A Balanced Market indicates that neither the buyers nor the sellers control the price point at
which that property will sell and that there is neither a glut nor a lack of inventory. Typically,
this type of market sees a stabilization of both the list and sold price, the length of time the
property is on the market as well as the expectancy amongst homeowners in their respective
communities – so long as their home is priced in accordance with the current market value.
REMAINING INVENTORY: The total number of homes available at the close of a month.
DAYS ON MARKET: Measures the number of days a home is available on the market before a
purchase offer is accepted.
LUXURY BENCHMARK PRICE: The price point that marks the transition from traditional homes
to luxury homes.
NEW LISTINGS: The number of homes that entered the market during the current month.
PRICE PER SQUARE FOOT: Measures the dollar amount of the home's price for an individual
square foot.
SALES RATIO: Sales Ratio defines market speed and determines whether the market currently
favors buyers or sellers. Buyer's Market = up to 14%; Balanced Market = 15 to 20%; Seller's
Market = 21% plus. If >100%, sales from previous month exceed current inventory.
SP/LP RATIO: The Sales Price/List Price Ratio compares the value of the sold price to the value
of the list price.
– LUXURY REPORT EXPLAINED –
“While it is contended that we are moving
towards a buyer’s market, the current data for
August 2022 shows that conditions in most
luxury markets are still favorable to sellers –
of the 140 single-family markets showcased
in our report, 106 remain seller markets.”
Market Changes to Consider
Over the last few months, the luxury real estate market has experienced the return of a more normal
pace for those looking to buy and sell their homes. Recent trends also continue to show a considerable
moderation in the number of sales and the rate of price increases, which has certainly taken the
pressure off the market.
While it is contended that we are moving towards a buyer’s market, the current data for August 2022
shows that conditions in most luxury markets are still favorable to sellers – of the 140 single-family
markets showcased in our report, 106 remain seller markets. However, the sales ratio percentage,
which measures the rate of sales against available inventory each month, is trending downwards in
most markets month over month, in comparison to 2021 levels.
Whether the overall luxury real estate market moves towards a balanced or buyer’s market will likely
depend on changes in inventory levels and whether the available homes match buyers' demand. Even
at the height of the buyer frenzy in spring 2021, homes that were considerably over-priced or needed
extensive renovations or repairs often remained unsold.
Demand for move-in-ready properties remains a top priority for affluent buyers who have little
time or desire to embark on any more than simple updating projects. As we highlighted last month,
properties that are fully furnished, down to kitchen utensils, dishware, and all the soft furnishings,
are highly prized, often seeing some of the shortest days on the market.
The level of inventory may have risen since May 2022, and now approximately 50% higher for single
family homes and 18% for attached properties compared to August 2021, but of greater significance
is that the number of new listings entering the market has continued to drop since June 2022.
Expectations are that these numbers will rise as we enter the fall season, but it seems that some
luxury sellers are hesitant to enter the current market.
NORTH AMERICAN LUXURY REVIEW
The drop in new listings might be explained as, traditionally, summer months do see fewer homes
enter the market as families take time to vacation. However, according to Danielle Halle, Chief
Economist at Realtor.com, “even though home prices are near record highs and home equity has
soared, homeowners appear to be less eager to list homes for sale compared to last year. Recent
survey data shows that while home sellers are in a good position, typically getting their list price
and still generally satisfied with the price and other aspects of their home sale, some of their (seller)
markers have shifted over the last year.”
Sellers are facing several problems, including appraisals not matching the value of their asking price
and the return of contract contingencies such as requests for repairs or compensation. In the last
year especially, these were not included in buyer contracts because multiple offers and cash buyers
mitigated these sorts of requests.
It seems that some sellers are not quite ready to contend with the return of negotiating terms or,
depending on their level of wealth, simply do not need to sell, so they are ready to wait until the
market becomes more favorable.
Equally, after two long years of unrest and upheaval, many affluent are content with their purchases
and now looking for more stability and continuity. So, expectations are that they might not be ready
to sell any time soon. If these affluent purchased using a ‘fixed-term’ low-interest rate mortgage,
it is also unlikely that they would trade in these favorable terms if they do not have to sell or move
unless a life-changing event occurs.
If we are returning to a more traditional real estate cycle, then over the next couple of months,
inventory levels should start to increase again, and we may see more luxury markets become balanced
or buyer’s markets.
As we move into the fall season, we review both new opportunities and trends that homeowners and
investors should consider during their property search.
Return to Urban Living
An increasing number of buyers are starting to return to the larger metropolitan cities for multiple
reasons, including simply missing the lifestyle or looking for a potential investment opportunity.
This door may close soon, as also in the mix are foreign investors (now that travel restrictions are
easing) and first-time buyers heading to urban markets looking for the opportunity to purchase
a property. Experts predict that city markets may see stronger returns on investment than their
suburban counterparts.
Emerging City Neighborhoods
While cities are starting to experience an influx of new and returning buyers, some of the best deals
may be found in emerging neighborhoods. Before the pandemic, many of these inner, mid-city
communities and industrial areas had been on trend for gentrification.
Cities from Vancouver and Toronto in Canada to Atlanta, Austin, Chicago, and San Francisco in the
US saw their emerging neighborhoods stall in 2020 as people chose to purchase away from the more
crowded metropolitan communities.
Today, emerging neighborhoods not only afford buyers better values but have the potential to
create greater equity returns. These are ideal for buyers ready to invest in a property for the longer
term, understanding that they are buying early and will need to wait for the neighborhood to evolve
and mature.
New Priorities
As we enter the latter part of 2022, mainly due to the historic rise in property values over the last
24 months, many affluent are now starting to reprioritize with a keen eye on market stability and
potential returns.
Which trends will see better investment return; larger estate-sized homes, properties with views,
those located on expansive land, or smaller homes closer to amenities, are questions being asked of
our luxury real estate professionals.
The answer may lie in reviewing the sales data for the last six months, which reveals that luxury
mid-sized homes ranging from 3,000 to 3,500 sq ft are proving to be in the greatest demand for
single family homes and 1,500 to 2,000 sq ft for attached properties.
While people want extra space, they do not want to be overwhelmed with larger debt, especially as
interest rates continue to rise. Equally, land and privacy are still important, but as things return to
normal, the shift back to living closer to amenities and locations closer to work are becoming the
main priority once more.
Time to Diversify
Now that remote working is mainstream, there is still an increased focus on investing in real estate
that aligns with people’s lifestyle choices.
Vacation and second home properties are expected to continue to increase in popularity, especially
for those who need escape options from their primary property. The affluent are continuing to seek
diversity in their lifestyle, and owning multiple properties, whether in the city, mountains, or beach
locations, is an important facet in meeting that requirement.
The art of selling and buying in this market needs a critical and analytical approach; understanding
the realities and setting expectations accordingly will ensure that goals are achieved. For homeowners
looking to buy or sell in today’s market, we recommend working with a Realtor who can capitalize on
the preferences, trends, and demands in this dynamic and evolving environment.
– 13-MONTH MARKET TRENDS –
Single-Family Homes Attached Homes Single-Family List Price Attached List Price
DAYS
ON
MARKET
SALES
PRICE
VS.
LIST
PRICE
All data is based off median values. Median prices represent properties priced above respective city benchmark prices.
FOR THE LUXURY NORTH AMERICAN MARKET
11
13
14
15 15
17
18
13
9
7
7
9
12
16 16
15
12
15
16 18
11
8
8
9
9
13
0
2
4
6
8
10
12
14
16
18
20
JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL
PRICE
PER
SQUARE
FOOT
$492
$486
$504
$501
$498
$535
$516
$526
$543
$526
$540
$550
$538
$376
$392
$397
$400
$396
$415
$410
$420
$421
$443
$438
$431
$430
$0
$100
$200
$300
$400
$500
$600
JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL
$500,000
$700,000
$900,000
$1,100,000
$1,300,000
$1,500,000
$1,700,000
$1,900,000
$2,100,000
JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL
Discrepancies in previous month statistics between the August 2022 and September 2022 reports are due to the addition of Whistler, BC.
– LUXURY MONTHLY MARKET REVIEW –
•	 Official Market Type: Seller's Market with a 34.84% Sales Ratio.1
•	 Homes are selling for an average of 99.17% of list price.
•	 The median luxury threshold2
price is $925,000, and the median luxury home sales price
is $1,299,000.
•	 Markets with the Highest Median Sales Price: Aspen ($11,500,000), Whistler ($5,550,000),
Vail ($4,550,000), and Naples ($4,200,000).
•	 Markets with the Highest Sales Ratio: Cleveland Suburbs (131%), Hamilton County (95%),
St. Louis (91%) and Howard County (79%).
1
Sales Ratio defines market speed and market type: Buyer's < 15.5%; Balanced >= 15.5 to < 20.5%; Seller's >= 20.5% plus. If >100%, sales from
previous month exceeds current inventory. 2
The luxury threshold price is set by The Institute for Luxury Home Marketing.
SINGLE-FAMILY HOMES MARKET SUMMARY | AUGUST 2022
SINGLE-FAMILY HOMES
Median List Price $1,680,750 $1,595,000
Median Sale Price $1,360,697 $1,299,000
Median SP/LP Ratio 100.00% 99.17%
Total Sales Ratio 56.05% 34.84%
Median Price per Sq. Ft. $392 $418
Total Inventory 33,805 51,674
New Listings 11,760 16,673
Total Sold 18,947 18,001
Median Days on Market 13 18
Average Home Size 3,528 3,185
A Review of Key Market Differences Year over Year
August 2021 | August 2022
Median prices represent properties priced above respective city benchmark prices.
August 2022
August 2021 August 2022
August 2021

New Listings Total Sold Days on Market Sales Ratio
Med. Sale Price
4,913 946 $
61,697 5 21.21%
   
  
ATTACHED HOMES
New Listings Total Sold Sales Ratio
Med. Sale Price
704 675 11.18%
ATTACHED HOMES MARKET SUMMARY | AUGUST 2022
•	 Official Market Type: Seller's Market with a 30.34% Sales Ratio.1
•	 Attached homes are selling for an average of 98.92% of list price.
•	 The median luxury threshold2
price is $700,000, and the median attached luxury sale price
is $876,250.
•	 Markets with the Highest Median Sales Price: Aspen ($4,125,000), Vail ($3,250,000),
Whistler ($2,342,500), and San Francisco ($2,275,000).
•	 Markets with the Highest Sales Ratio: Santa Barbara (127%), Howard County (122%),
Anne Arundel County (91%) and Sussex County Coastal (84%).
1
Sales Ratio defines market speed and market type: Buyer's < 15.5%; Balanced >= 15.5 to < 20.5%; Seller's >= 20.5% plus. If >100%, sales from
previous month exceeds current inventory. 2
The luxury threshold price is set by The Institute for Luxury Home Marketing.
Median List Price $998,585 $942,225
Median Sale Price $830,000 $876,250
Median SP/LP Ratio 100.00% 98.92%
Total Sales Ratio 41.52% 30.34%
Median Price per Sq. Ft. $489 $527
Total Inventory 12,341 14,665
New Listings 4,137 4,841
Total Sold 5,124 4,449
Median Days on Market 16 18
Average Home Size 1,960 1,843
– LUXURY MONTHLY MARKET REVIEW –
Median prices represent properties priced above respective city benchmark prices.
Days on Market
2
 
$
46,250
A Review of Key Market Differences Year over Year
August 2021 | August 2022
August 2022
August 2021 August 2022
August 2021
– LUXURY MONTHLY MARKET REVIEW –
State Market Name
Median
List Price
Median
Sold Price Inventory
New
Listings Sold
Days on
Market
Market
Status
AB Calgary $1,099,999 $930,000 537 238 147 23 Seller's
AZ Chandler and Gilbert $1,075,000 $1,000,000 265 89 72 41 Seller's
AZ Flagstaff $1,462,250 $1,272,500 84 24 24 50 Seller's
AZ Mesa $847,000 $835,000 216 87 69 33 Seller's
AZ Paradise Valley $4,995,000 $3,025,000 110 27 21 74 Balanced
AZ Phoenix $849,900 $787,000 873 286 272 41 Seller's
AZ Scottsdale $1,850,000 $1,755,000 630 185 153 48 Seller's
AZ Tucson $718,000 $655,000 723 237 261 15 Seller's
BC Mid Vancouver Island $1,650,000 $1,465,000 231 86 24 22 Buyer's
BC Okanagan Valley $1,790,000 $1,530,000 917 276 65 47 Buyer's
BC Vancouver $4,500,000 $3,259,000 1144 272 66 25 Buyer's
BC Victoria $2,499,000 $1,950,000 139 55 23 17 Balanced
BC Whistler $4,500,000 $5,550,000 55 10 4 41 Buyer's
CA Central Coast $2,850,000 $2,150,000 240 82 71 20 Seller's
CA East Bay $2,198,775 $1,869,500 534 272 412 16 Seller's
CA Greater Palm Springs $1,849,000 $1,599,000 213 67 78 33 Seller's
CA Lake Tahoe $2,250,000 $1,885,000 218 51 40 20 Balanced
CA Los Angeles Beach Cities $5,899,000 $3,915,000 297 88 71 12 Seller's
CA Los Angeles City $4,999,000 $3,500,000 646 187 119 18 Balanced
CA Los Angeles The Valley $2,495,000 $2,025,500 468 187 190 20 Seller's
CA Marin County $4,122,500 $2,900,000 118 25 47 17 Seller's
CA Napa County $4,309,000 $2,300,000 52 7 22 26 Seller's
CA Orange County $2,689,000 $2,274,000 1012 335 383 15 Seller's
CA Placer County $1,195,000 $1,149,000 256 95 101 21 Seller's
CA Sacramento $949,000 $915,000 668 253 339 19 Seller's
CA San Diego $2,215,000 $1,868,500 933 366 354 15 Seller's
CA San Francisco $4,495,000 $3,425,000 119 42 55 17 Seller's
CA San Luis Obispo County $1,875,000 $1,447,500 183 61 74 40 Seller's
CA Santa Barbara $5,750,000 $3,500,000 123 48 57 11 Seller's
CA Silicon Valley $3,798,000 $3,287,500 486 224 268 15 Seller's
CA Sonoma County $2,274,500 $1,750,000 214 35 65 36 Seller's
CA Ventura County $1,992,500 $1,775,000 262 82 103 28 Seller's
CO Aspen $14,900,000 $11,500,000 105 13 7 76 Buyer's
CO Boulder $2,295,000 $1,600,000 201 74 81 49 Seller's
CO Colorado Springs $935,000 $844,500 471 146 146 13 Seller's
SINGLE-FAMILY HOMES
Median prices represent properties priced above respective city benchmark prices. Prices shown for Canadian cites are shown in Canadian Dollars.
– LUXURY MONTHLY MARKET REVIEW –
SINGLE-FAMILY HOMES
Median prices represent properties priced above respective city benchmark prices. Prices shown for Canadian cites are shown in Canadian Dollars.
State Market Name
Median
List Price
Median
Sold Price Inventory
New
Listings Sold
Days on
Market
Market
Status
ON GTA - Durham $1,749,000 $1,555,000 211 136 46 14 Seller's
ON GTA - York $2,375,000 $1,880,000 563 327 137 13 Seller's
ON Hamilton $1,839,500 $1,510,000 254 121 27 23 Buyer's
ON Mississauga $2,950,000 $2,310,000 137 64 26 18 Balanced
ON Oakville $2,514,900 $2,400,000 132 82 33 17 Seller's
ON Toronto $3,799,444 $3,100,000 420 178 54 20 Buyer's
ON Waterloo Region $1,474,000 $1,300,000 166 103 49 12 Seller's
OR Portland $1,350,000 $1,075,000 615 248 283 6 Seller's
QC Montreal $1,999,000 $1,600,000 363 87 16 39 Buyer's
SC Hilton Head $2,095,000 $1,349,000 243 58 55 12 Seller's
TN Greater Chattanooga $965,000 $824,000 180 49 43 4 Seller's
TN Nashville $1,699,900 $1,355,500 653 246 220 4 Seller's
TX Austin $1,098,222 $995,000 1242 586 354 9 Seller's
TX Collin County $749,000 $717,786 1445 681 627 11 Seller's
TX Dallas $1,300,000 $1,004,001 450 209 186 11 Seller's
TX Denton County $775,786 $750,000 1101 508 425 9 Seller's
TX El Paso $610,800 $583,000 154 53 29 15 Balanced
TX Fort Worth $825,000 $800,000 970 393 465 8 Seller's
TX Greater Tyler $737,500 $611,500 148 77 48 9 Seller's
TX Houston $979,000 $880,000 1149 439 333 9 Seller's
TX Lubbock $652,500 $599,950 88 34 28 50 Seller's
TX San Angelo $650,000 $594,950 51 27 16 68 Seller's
TX San Antonio $799,070 $717,515 636 262 191 16 Seller's
TX The Woodlands & Spring $809,000 $741,000 213 119 162 7 Seller's
UT Park City $4,250,000 $3,075,000 202 57 16 7 Buyer's
UT Salt Lake City $1,132,096 $979,000 469 210 157 21 Seller's
VA Arlington & Alexandria $2,250,000 $1,850,000 77 32 49 6 Seller's
VA Charlottesville $1,300,000 $1,019,000 144 22 44 6 Seller's
VA Fairfax County $1,999,900 $1,500,000 346 113 152 7 Seller's
VA McLean & Vienna $2,750,000 $1,850,000 147 31 61 6 Seller's
VA Richmond $799,900 $790,153 291 110 197 6 Seller's
VA Smith Mountain Lake $1,750,000 $1,325,000 33 9 8 4 Seller's
WA King County - Greater Seattle $1,970,000 $1,695,000 1014 543 538 6 Seller's
WA Seattle $1,893,217 $1,715,000 254 140 167 6 Seller's
WA Spokane $1,150,000 $987,500 135 62 46 9 Seller's
State Market Name
Median
List Price
Median
Sold Price Inventory
New
Listings Sold
Days on
Market
Market
Status
CO Denver $1,545,000 $1,328,000 535 199 276 13 Seller's
CO Douglas County $1,349,950 $1,167,500 264 84 140 16 Seller's
CO Durango $1,550,000 $1,250,000 119 22 25 56 Seller's
CO Summit County $3,099,000 $1,625,000 87 20 15 13 Balanced
CO Telluride $6,500,000 $3,797,500 83 10 6 55 Buyer's
CO Vail $4,590,000 $4,550,000 83 15 11 31 Buyer's
CT Central Connecticut $699,900 $619,725 375 79 276 7 Seller's
CT Coastal Connecticut $2,275,000 $1,675,000 527 119 254 26 Seller's
DC Washington D.C. $4,495,000 $2,650,000 46 7 17 8 Seller's
DE Sussex County Coastal $1,399,950 $1,189,677 163 46 44 5 Seller's
FL Boca Raton/Delray Beach $2,699,500 $2,000,000 442 109 67 23 Balanced
FL Coastal Pinellas County $2,387,500 $2,275,000 90 18 17 35 Balanced
FL Greater Fort Lauderdale $1,350,000 $1,055,000 1423 436 297 21 Balanced
FL Jacksonville Beaches $1,472,125 $1,150,000 298 91 93 30 Seller's
FL Lee County $1,399,900 $1,375,000 546 141 113 24 Balanced
FL Marco Island $2,560,000 $2,162,500 91 15 16 54 Balanced
FL Miami $1,950,000 $1,350,000 890 223 118 31 Buyer's
FL Naples $4,985,000 $4,200,000 232 35 39 29 Balanced
FL Orlando $1,250,000 $1,135,000 678 176 185 13 Seller's
FL Palm Beach Towns $3,087,500 $2,487,500 228 46 26 17 Buyer's
FL Sarasota & Beaches $2,950,000 $2,200,000 251 49 49 35 Balanced
FL South Pinellas County $1,595,000 $1,497,500 244 71 56 17 Seller's
FL South Walton $2,340,000 $2,100,000 400 85 59 33 Buyer's
FL Space Coast $850,000 $770,000 339 138 153 12 Seller's
FL Tampa $750,000 $675,000 1251 463 431 8 Seller's
FL Weston $1,275,000 $1,026,100 113 35 37 18 Seller's
GA Atlanta $1,475,000 $1,167,500 639 234 250 8 Seller's
GA Duluth $1,575,000 $1,199,500 21 7 8 24 Seller's
HI Island of Hawaii $1,972,500 $1,800,000 112 19 17 26 Balanced
HI Kauai $2,875,000 $2,850,000 45 9 6 11 Buyer's
HI Maui $3,188,000 $1,947,500 137 32 26 81 Balanced
HI Oahu $3,000,000 $2,200,000 196 51 55 17 Seller's
ID Ada County $779,900 $759,450 985 338 316 14 Seller's
ID Northern Idaho $1,600,000 $1,325,000 515 137 58 64 Buyer's
IL Chicago $1,498,888 $1,349,000 637 225 379 9 Seller's
IL DuPage County $1,189,000 $955,000 313 99 161 11 Seller's
– LUXURY MONTHLY MARKET REVIEW –
SINGLE-FAMILY HOMES
Median prices represent properties priced above respective city benchmark prices. Prices shown for Canadian cites are shown in Canadian Dollars.
State Market Name
Median
List Price
Median
Sold Price Inventory
New
Listings Sold
Days on
Market
Market
Status
ON GTA - Durham $1,749,000 $1,555,000 211 136 46 14 Seller's
ON GTA - York $2,375,000 $1,880,000 563 327 137 13 Seller's
ON Hamilton $1,839,500 $1,510,000 254 121 27 23 Buyer's
ON Mississauga $2,950,000 $2,310,000 137 64 26 18 Balanced
ON Oakville $2,514,900 $2,400,000 132 82 33 17 Seller's
ON Toronto $3,799,444 $3,100,000 420 178 54 20 Buyer's
ON Waterloo Region $1,474,000 $1,300,000 166 103 49 12 Seller's
OR Portland $1,350,000 $1,075,000 615 248 283 6 Seller's
QC Montreal $1,999,000 $1,600,000 363 87 16 39 Buyer's
SC Hilton Head $2,095,000 $1,349,000 243 58 55 12 Seller's
TN Greater Chattanooga $965,000 $824,000 180 49 43 4 Seller's
TN Nashville $1,699,900 $1,355,500 653 246 220 4 Seller's
TX Austin $1,098,222 $995,000 1242 586 354 9 Seller's
TX Collin County $749,000 $717,786 1445 681 627 11 Seller's
TX Dallas $1,300,000 $1,004,001 450 209 186 11 Seller's
TX Denton County $775,786 $750,000 1101 508 425 9 Seller's
TX El Paso $610,800 $583,000 154 53 29 15 Balanced
TX Fort Worth $825,000 $800,000 970 393 465 8 Seller's
TX Greater Tyler $737,500 $611,500 148 77 48 9 Seller's
TX Houston $979,000 $880,000 1149 439 333 9 Seller's
TX Lubbock $652,500 $599,950 88 34 28 50 Seller's
TX San Angelo $650,000 $594,950 51 27 16 68 Seller's
TX San Antonio $799,070 $717,515 636 262 191 16 Seller's
TX The Woodlands & Spring $809,000 $741,000 213 119 162 7 Seller's
UT Park City $4,250,000 $3,075,000 202 57 16 7 Buyer's
UT Salt Lake City $1,132,096 $979,000 469 210 157 21 Seller's
VA Arlington & Alexandria $2,250,000 $1,850,000 77 32 49 6 Seller's
VA Charlottesville $1,300,000 $1,019,000 144 22 44 6 Seller's
VA Fairfax County $1,999,900 $1,500,000 346 113 152 7 Seller's
VA McLean & Vienna $2,750,000 $1,850,000 147 31 61 6 Seller's
VA Richmond $799,900 $790,153 291 110 197 6 Seller's
VA Smith Mountain Lake $1,750,000 $1,325,000 33 9 8 4 Seller's
WA King County - Greater Seattle $1,970,000 $1,695,000 1014 543 538 6 Seller's
WA Seattle $1,893,217 $1,715,000 254 140 167 6 Seller's
WA Spokane $1,150,000 $987,500 135 62 46 9 Seller's
State Market Name
Median
List Price
Median
Sold Price Inventory
New
Listings Sold
Days on
Market
Market
Status
IL Lake County $1,150,000 $919,500 279 96 158 9 Seller's
IL Will County $687,450 $625,000 230 101 175 9 Seller's
IN Hamilton County $849,950 $750,000 140 48 133 5 Seller's
KS Johnson County $817,160 $804,000 362 84 186 3 Seller's
MA Cape Cod $2,350,000 $1,837,500 130 30 38 21 Seller's
MA Greater Boston $3,224,500 $2,700,000 82 18 54 26 Seller's
MA South Shore $1,770,000 $1,550,000 64 19 50 22 Seller's
MD Anne Arundel County $1,000,000 $935,419 160 60 112 8 Seller's
MD Frederick County $889,000 $860,000 61 22 27 10 Seller's
MD Howard County $1,149,990 $1,061,000 107 49 85 6 Seller's
MD Montgomery County $1,899,228 $1,510,000 166 45 129 7 Seller's
MD Talbot County $2,422,500 $2,457,500 40 8 2 36 Buyer's
MD Worcester County $995,000 $902,500 53 13 18 38 Seller's
MI Livingston County $774,900 $707,500 121 38 40 16 Seller's
MI Monroe County $599,999 $615,000 17 5 6 19 Seller's
MI Oakland County $725,000 $650,000 908 342 412 13 Seller's
MI Washtenaw County $892,500 $764,250 162 48 70 6 Seller's
MI Wayne County $717,000 $621,250 224 92 98 9 Seller's
MN Olmsted County $824,900 $670,000 75 14 27 11 Seller's
MN Twin Cities $1,200,000 $973,390 691 211 276 14 Seller's
MO Kansas City $662,843 $658,000 1368 296 560 4 Seller's
MO St. Louis $825,000 $675,000 100 44 91 6 Seller's
NC Asheville $1,000,000 $872,092 247 84 115 11 Seller's
NC Charlotte $1,125,000 $907,500 606 207 378 6 Seller's
NC Lake Norman $1,185,000 $948,550 212 70 86 11 Seller's
NC Raleigh-Durham $1,067,000 $925,000 512 173 255 4 Seller's
NJ Ocean County $909,900 $830,000 470 163 153 13 Seller's
NM Taos $1,250,000 $992,500 79 18 8 54 Buyer's
NV Lake Tahoe $3,450,000 $2,565,000 159 23 19 105 Buyer's
NV Las Vegas $1,650,000 $1,399,950 790 223 108 26 Buyer's
NV Reno $1,900,000 $1,575,000 150 36 15 52 Buyer's
NY Finger Lakes $2,200,000 $1,290,000 31 4 12 8 Seller's
NY Nassau County $1,877,500 $1,410,000 736 155 221 21 Seller's
NY Staten Island $1,250,000 $1,098,000 182 39 27 40 Buyer's
NY Suffolk County $1,950,000 $1,247,500 911 206 202 24 Seller's
OH Cincinnati $874,950 $750,000 190 40 112 2 Seller's
– LUXURY MONTHLY MARKET REVIEW –
SINGLE-FAMILY HOMES
Median prices represent properties priced above respective city benchmark prices. Prices shown for Canadian cites are shown in Canadian Dollars.
State Market Name
Median
List Price
Median
Sold Price Inventory
New
Listings Sold
Days on
Market
Market
Status
ON GTA - Durham $1,749,000 $1,555,000 211 136 46 14 Seller's
ON GTA - York $2,375,000 $1,880,000 563 327 137 13 Seller's
ON Hamilton $1,839,500 $1,510,000 254 121 27 23 Buyer's
ON Mississauga $2,950,000 $2,310,000 137 64 26 18 Balanced
ON Oakville $2,514,900 $2,400,000 132 82 33 17 Seller's
ON Toronto $3,799,444 $3,100,000 420 178 54 20 Buyer's
ON Waterloo Region $1,474,000 $1,300,000 166 103 49 12 Seller's
OR Portland $1,350,000 $1,075,000 615 248 283 6 Seller's
QC Montreal $1,999,000 $1,600,000 363 87 16 39 Buyer's
SC Hilton Head $2,095,000 $1,349,000 243 58 55 12 Seller's
TN Greater Chattanooga $965,000 $824,000 180 49 43 4 Seller's
TN Nashville $1,699,900 $1,355,500 653 246 220 4 Seller's
TX Austin $1,098,222 $995,000 1242 586 354 9 Seller's
TX Collin County $749,000 $717,786 1445 681 627 11 Seller's
TX Dallas $1,300,000 $1,004,001 450 209 186 11 Seller's
TX Denton County $775,786 $750,000 1101 508 425 9 Seller's
TX El Paso $610,800 $583,000 154 53 29 15 Balanced
TX Fort Worth $825,000 $800,000 970 393 465 8 Seller's
TX Greater Tyler $737,500 $611,500 148 77 48 9 Seller's
TX Houston $979,000 $880,000 1149 439 333 9 Seller's
TX Lubbock $652,500 $599,950 88 34 28 50 Seller's
TX San Angelo $650,000 $594,950 51 27 16 68 Seller's
TX San Antonio $799,070 $717,515 636 262 191 16 Seller's
TX The Woodlands & Spring $809,000 $741,000 213 119 162 7 Seller's
UT Park City $4,250,000 $3,075,000 202 57 16 7 Buyer's
UT Salt Lake City $1,132,096 $979,000 469 210 157 21 Seller's
VA Arlington & Alexandria $2,250,000 $1,850,000 77 32 49 6 Seller's
VA Charlottesville $1,300,000 $1,019,000 144 22 44 6 Seller's
VA Fairfax County $1,999,900 $1,500,000 346 113 152 7 Seller's
VA McLean & Vienna $2,750,000 $1,850,000 147 31 61 6 Seller's
VA Richmond $799,900 $790,153 291 110 197 6 Seller's
VA Smith Mountain Lake $1,750,000 $1,325,000 33 9 8 4 Seller's
WA King County - Greater Seattle $1,970,000 $1,695,000 1014 543 538 6 Seller's
WA Seattle $1,893,217 $1,715,000 254 140 167 6 Seller's
WA Spokane $1,150,000 $987,500 135 62 46 9 Seller's
State Market Name
Median
List Price
Median
Sold Price Inventory
New
Listings Sold
Days on
Market
Market
Status
OH Cleveland Suburbs $650,000 $679,393 29 6 38 25 Seller's
ON GTA - Durham $1,810,000 $1,551,750 189 118 56 18 Seller's
ON GTA - York $2,499,000 $1,809,000 470 257 182 17 Seller's
ON Hamilton $1,849,000 $1,567,500 245 101 31 32 Buyer's
ON Mississauga $3,149,425 $2,337,500 108 53 30 22 Seller's
ON Oakville $2,500,000 $2,460,000 113 58 26 24 Seller's
ON Toronto $3,798,888 $3,150,000 341 147 67 20 Balanced
ON Waterloo Region $1,549,500 $1,299,000 128 74 51 19 Seller's
OR Portland $1,317,995 $1,140,500 595 200 244 9 Seller's
QC Montreal $1,898,000 $1,530,000 97 91 18 61 Balanced
SC Hilton Head $2,095,000 $1,432,500 231 38 48 11 Balanced
TN Greater Chattanooga $998,950 $852,500 202 71 58 9 Seller's
TN Nashville $1,650,000 $1,246,500 626 205 210 8 Seller's
TX Austin $1,075,713 $1,021,000 1126 347 307 18 Seller's
TX Collin County $750,000 $710,000 1355 509 620 17 Seller's
TX Dallas $1,333,698 $1,095,000 398 136 183 13 Seller's
TX Denton County $775,000 $725,000 1023 324 410 14 Seller's
TX El Paso $615,000 $600,000 147 42 45 20 Seller's
TX Fort Worth $849,995 $799,000 890 290 435 13 Seller's
TX Greater Tyler $800,000 $609,500 189 109 57 16 Seller's
TX Houston $949,989 $837,000 1071 339 285 10 Seller's
TX Lubbock $619,000 $639,950 95 50 40 56 Seller's
TX San Angelo $649,500 $565,000 54 20 17 49 Seller's
TX San Antonio $798,412 $715,000 677 210 187 22 Seller's
TX The Woodlands & Spring $849,450 $765,000 206 104 151 9 Seller's
UT Park City $4,650,000 $2,625,000 198 40 18 22 Buyer's
UT Salt Lake City $1,195,000 $992,500 460 186 178 22 Seller's
VA Arlington & Alexandria $2,299,000 $1,885,000 71 24 26 9 Seller's
VA Charlottesville $1,300,000 $1,021,500 134 24 44 5 Seller's
VA Fairfax County $2,098,950 $1,449,900 316 90 141 11 Seller's
VA McLean & Vienna $2,824,950 $1,701,849 136 35 44 13 Seller's
VA Richmond $799,000 $775,000 304 94 179 6 Seller's
VA Smith Mountain Lake $1,637,475 $1,000,000 24 6 13 6 Seller's
WA King County - Greater Seattle $1,850,000 $1,650,000 1105 480 559 11 Seller's
WA Seattle $1,850,000 $1,718,000 235 125 132 7 Seller's
WA Spokane $1,162,500 $1,100,000 130 51 33 33 Seller's
– LUXURY MONTHLY MARKET REVIEW –
ATTACHED HOMES
State Market Name
Median
List Price
Median
Sold Price Inventory
New
Listings Sold
Days on
Market
Market
Status
AB Calgary $750,000 $695,000 153 41 25 39 Balanced
AZ Chandler and Gilbert - - - - - - -
AZ Flagstaff - - - - - - -
AZ Mesa - - - - - - -
AZ Paradise Valley - - - - - - -
AZ Phoenix - - - - - - -
AZ Scottsdale $875,000 $790,000 193 63 47 34 Seller's
AZ Tucson - - - - - - -
BC Mid Vancouver Island $848,950 $802,500 62 21 10 39 Balanced
BC Okanagan Valley - - - - - - -
BC Vancouver $1,988,500 $1,769,000 906 265 80 27 Buyer's
BC Victoria $999,000 $892,500 124 72 42 16 Seller's
BC Whistler $2,635,250 $2,342,500 36 9 2 62 Buyer's
CA Central Coast $1,275,000 $1,025,000 25 10 21 14 Seller's
CA East Bay $999,970 $1,072,500 166 90 134 14 Seller's
CA Greater Palm Springs - - - - - - -
CA Lake Tahoe $1,625,000 $880,000 25 6 3 48 Buyer's
CA Los Angeles Beach Cities $1,897,000 $1,775,000 156 52 71 18 Seller's
CA Los Angeles City $1,699,500 $1,434,000 338 122 86 24 Seller's
CA Los Angeles The Valley $789,000 $825,000 153 76 83 17 Seller's
CA Marin County $1,297,500 $1,150,000 34 9 19 24 Seller's
CA Napa County - - - - - - -
CA Orange County $1,200,000 $1,160,000 368 158 220 15 Seller's
CA Placer County - - - - - - -
CA Sacramento - - - - - - -
CA San Diego $1,100,000 $1,043,500 345 163 212 12 Seller's
CA San Francisco $2,750,000 $2,275,000 75 16 9 35 Buyer's
CA San Luis Obispo County - - - - - - -
CA Santa Barbara $1,399,000 $1,625,000 11 6 14 26 Seller's
CA Silicon Valley $1,699,999 $1,590,000 113 64 71 14 Seller's
CA Sonoma County $834,000 $751,785 18 6 7 40 Seller's
CA Ventura County $750,000 $785,000 113 53 50 16 Seller's
CO Aspen $3,674,000 $4,125,000 42 11 5 67 Buyer's
CO Boulder $871,470 $1,127,500 63 28 40 67 Seller's
CO Colorado Springs - - - - - - -
Markets with dashes do not have a significant luxury market for this report. Median prices represent properties priced above respective city benchmark prices. Prices shown for Canadian
cites are shown in Canadian Dollars.
– LUXURY MONTHLY MARKET REVIEW –
ATTACHED HOMES
Markets with dashes do not have a significant luxury market for this report. Median prices represent properties priced above respective city benchmark prices. Prices shown for Canadian
cites are shown in Canadian Dollars.
State Market Name
Median
List Price
Median
Sold Price Inventory
New
Listings Sold
Days on
Market
Market
Status
ON GTA - Durham $1,749,000 $1,555,000 211 136 46 14 Seller's
ON GTA - York $2,375,000 $1,880,000 563 327 137 13 Seller's
ON Hamilton $1,839,500 $1,510,000 254 121 27 23 Buyer's
ON Mississauga $2,950,000 $2,310,000 137 64 26 18 Balanced
ON Oakville $2,514,900 $2,400,000 132 82 33 17 Seller's
ON Toronto $3,799,444 $3,100,000 420 178 54 20 Buyer's
ON Waterloo Region $1,474,000 $1,300,000 166 103 49 12 Seller's
OR Portland $1,350,000 $1,075,000 615 248 283 6 Seller's
QC Montreal $1,999,000 $1,600,000 363 87 16 39 Buyer's
SC Hilton Head $2,095,000 $1,349,000 243 58 55 12 Seller's
TN Greater Chattanooga $965,000 $824,000 180 49 43 4 Seller's
TN Nashville $1,699,900 $1,355,500 653 246 220 4 Seller's
TX Austin $1,098,222 $995,000 1242 586 354 9 Seller's
TX Collin County $749,000 $717,786 1445 681 627 11 Seller's
TX Dallas $1,300,000 $1,004,001 450 209 186 11 Seller's
TX Denton County $775,786 $750,000 1101 508 425 9 Seller's
TX El Paso $610,800 $583,000 154 53 29 15 Balanced
TX Fort Worth $825,000 $800,000 970 393 465 8 Seller's
TX Greater Tyler $737,500 $611,500 148 77 48 9 Seller's
TX Houston $979,000 $880,000 1149 439 333 9 Seller's
TX Lubbock $652,500 $599,950 88 34 28 50 Seller's
TX San Angelo $650,000 $594,950 51 27 16 68 Seller's
TX San Antonio $799,070 $717,515 636 262 191 16 Seller's
TX The Woodlands & Spring $809,000 $741,000 213 119 162 7 Seller's
UT Park City $4,250,000 $3,075,000 202 57 16 7 Buyer's
UT Salt Lake City $1,132,096 $979,000 469 210 157 21 Seller's
VA Arlington & Alexandria $2,250,000 $1,850,000 77 32 49 6 Seller's
VA Charlottesville $1,300,000 $1,019,000 144 22 44 6 Seller's
VA Fairfax County $1,999,900 $1,500,000 346 113 152 7 Seller's
VA McLean & Vienna $2,750,000 $1,850,000 147 31 61 6 Seller's
VA Richmond $799,900 $790,153 291 110 197 6 Seller's
VA Smith Mountain Lake $1,750,000 $1,325,000 33 9 8 4 Seller's
WA King County - Greater Seattle $1,970,000 $1,695,000 1014 543 538 6 Seller's
WA Seattle $1,893,217 $1,715,000 254 140 167 6 Seller's
WA Spokane $1,150,000 $987,500 135 62 46 9 Seller's
State Market Name
Median
List Price
Median
Sold Price Inventory
New
Listings Sold
Days on
Market
Market
Status
CO Denver $917,500 $720,313 140 43 44 11 Seller's
CO Douglas County $549,990 $587,450 25 7 13 14 Seller's
CO Durango $793,905 $910,000 18 2 15 51 Seller's
CO Summit County $1,524,000 $1,378,500 30 10 8 9 Seller's
CO Telluride - - - - - - -
CO Vail $3,995,000 $3,250,000 51 4 3 9 Buyer's
CT Central Connecticut - - - - - - -
CT Coastal Connecticut $1,495,000 $853,000 154 18 52 24 Seller's
DC Washington D.C. $1,995,000 $1,457,500 159 43 62 11 Seller's
DE Sussex County Coastal $975,000 $779,316 19 9 16 7 Seller's
FL Boca Raton/Delray Beach $865,125 $850,000 280 100 57 18 Balanced
FL Coastal Pinellas County $1,396,550 $1,050,000 94 22 25 9 Seller's
FL Greater Fort Lauderdale $849,450 $735,000 860 220 167 27 Balanced
FL Jacksonville Beaches $995,000 $930,000 38 14 14 22 Seller's
FL Lee County $849,900 $825,000 215 48 68 11 Seller's
FL Marco Island $1,749,000 $1,350,000 37 5 9 25 Seller's
FL Miami $1,450,000 $1,150,000 1225 218 121 43 Buyer's
FL Naples $2,345,000 $1,800,000 129 30 35 26 Seller's
FL Orlando $565,000 $560,500 204 61 69 9 Seller's
FL Palm Beach Towns $1,975,000 $1,525,500 181 32 32 25 Balanced
FL Sarasota & Beaches $1,692,500 $1,375,000 126 32 24 17 Balanced
FL South Pinellas County $1,122,800 $900,000 175 47 48 12 Seller's
FL South Walton $1,550,000 $1,150,000 225 43 27 24 Buyer's
FL Space Coast $824,900 $685,000 135 24 41 13 Seller's
FL Tampa $774,500 $667,000 187 68 51 9 Seller's
FL Weston - - - - - - -
GA Atlanta $749,900 $601,410 425 158 178 18 Seller's
GA Duluth - - - - - - -
HI Island of Hawaii $1,530,000 $1,483,750 47 7 16 8 Seller's
HI Kauai $1,592,000 $1,560,000 42 9 15 14 Seller's
HI Maui $2,125,000 $1,672,500 76 19 28 97 Seller's
HI Oahu $1,175,000 $905,000 383 87 85 18 Seller's
ID Ada County $673,500 $607,500 59 27 14 18 Seller's
ID Northern Idaho - - - - - - -
IL Chicago $1,275,000 $925,000 739 219 144 30 Balanced
IL DuPage County $990,000 $675,000 21 7 11 5 Seller's
– LUXURY MONTHLY MARKET REVIEW –
ATTACHED HOMES
State Market Name
Median
List Price
Median
Sold Price Inventory
New
Listings Sold
Days on
Market
Market
Status
ON GTA - Durham $1,749,000 $1,555,000 211 136 46 14 Seller's
ON GTA - York $2,375,000 $1,880,000 563 327 137 13 Seller's
ON Hamilton $1,839,500 $1,510,000 254 121 27 23 Buyer's
ON Mississauga $2,950,000 $2,310,000 137 64 26 18 Balanced
ON Oakville $2,514,900 $2,400,000 132 82 33 17 Seller's
ON Toronto $3,799,444 $3,100,000 420 178 54 20 Buyer's
ON Waterloo Region $1,474,000 $1,300,000 166 103 49 12 Seller's
OR Portland $1,350,000 $1,075,000 615 248 283 6 Seller's
QC Montreal $1,999,000 $1,600,000 363 87 16 39 Buyer's
SC Hilton Head $2,095,000 $1,349,000 243 58 55 12 Seller's
TN Greater Chattanooga $965,000 $824,000 180 49 43 4 Seller's
TN Nashville $1,699,900 $1,355,500 653 246 220 4 Seller's
TX Austin $1,098,222 $995,000 1242 586 354 9 Seller's
TX Collin County $749,000 $717,786 1445 681 627 11 Seller's
TX Dallas $1,300,000 $1,004,001 450 209 186 11 Seller's
TX Denton County $775,786 $750,000 1101 508 425 9 Seller's
TX El Paso $610,800 $583,000 154 53 29 15 Balanced
TX Fort Worth $825,000 $800,000 970 393 465 8 Seller's
TX Greater Tyler $737,500 $611,500 148 77 48 9 Seller's
TX Houston $979,000 $880,000 1149 439 333 9 Seller's
TX Lubbock $652,500 $599,950 88 34 28 50 Seller's
TX San Angelo $650,000 $594,950 51 27 16 68 Seller's
TX San Antonio $799,070 $717,515 636 262 191 16 Seller's
TX The Woodlands & Spring $809,000 $741,000 213 119 162 7 Seller's
UT Park City $4,250,000 $3,075,000 202 57 16 7 Buyer's
UT Salt Lake City $1,132,096 $979,000 469 210 157 21 Seller's
VA Arlington & Alexandria $2,250,000 $1,850,000 77 32 49 6 Seller's
VA Charlottesville $1,300,000 $1,019,000 144 22 44 6 Seller's
VA Fairfax County $1,999,900 $1,500,000 346 113 152 7 Seller's
VA McLean & Vienna $2,750,000 $1,850,000 147 31 61 6 Seller's
VA Richmond $799,900 $790,153 291 110 197 6 Seller's
VA Smith Mountain Lake $1,750,000 $1,325,000 33 9 8 4 Seller's
WA King County - Greater Seattle $1,970,000 $1,695,000 1014 543 538 6 Seller's
WA Seattle $1,893,217 $1,715,000 254 140 167 6 Seller's
WA Spokane $1,150,000 $987,500 135 62 46 9 Seller's
State Market Name
Median
List Price
Median
Sold Price Inventory
New
Listings Sold
Days on
Market
Market
Status
IL Lake County - - - - - - -
IL Will County - - - - - - -
IN Hamilton County - - - - - - -
KS Johnson County $611,663 $595,509 110 29 25 3 Seller's
MA Cape Cod $797,500 $910,000 22 1 9 22 Seller's
MA Greater Boston $2,482,500 $1,997,500 256 50 78 21 Seller's
MA South Shore $837,450 $825,000 16 7 13 20 Seller's
MD Anne Arundel County $577,000 $576,000 55 30 50 6 Seller's
MD Frederick County - - - - - - -
MD Howard County $600,000 $599,990 27 20 33 7 Seller's
MD Montgomery County $788,700 $766,000 100 44 74 12 Seller's
MD Talbot County - - - - - - -
MD Worcester County $681,750 $689,000 44 14 23 24 Seller's
MI Livingston County - - - - - - -
MI Monroe County - - - - - - -
MI Oakland County $692,000 $615,000 72 22 17 16 Seller's
MI Washtenaw County $627,450 $599,000 54 15 18 27 Seller's
MI Wayne County $649,900 $550,510 92 21 9 7 Buyer's
MN Olmsted County - - - - - - -
MN Twin Cities - - - - - - -
MO Kansas City - - - - - - -
MO St. Louis - - - - - - -
NC Asheville $809,500 $577,500 25 6 15 24 Seller's
NC Charlotte $650,000 $618,898 170 35 96 15 Seller's
NC Lake Norman $598,711 $625,000 23 7 13 18 Seller's
NC Raleigh-Durham - - - - - - -
NJ Ocean County $882,500 $820,000 48 19 17 17 Seller's
NM Taos - - - - - - -
NV Lake Tahoe $1,294,500 $1,225,500 32 4 8 70 Seller's
NV Las Vegas - - - - - - -
NV Reno - - - - - - -
NY Finger Lakes - - - - - - -
NY Nassau County $1,561,944 $1,202,500 80 15 32 29 Seller's
NY Staten Island $615,000 $630,000 96 35 37 26 Seller's
NY Suffolk County $769,000 $625,000 165 47 56 28 Seller's
OH Cincinnati $674,900 $720,000 17 1 10 61 Seller's
Markets with dashes do not have a significant luxury market for this report. Median prices represent properties priced above respective city benchmark prices. Prices shown for Canadian
cites are shown in Canadian Dollars.
– LUXURY MONTHLY MARKET REVIEW –
ATTACHED HOMES
State Market Name
Median
List Price
Median
Sold Price Inventory
New
Listings Sold
Days on
Market
Market
Status
ON GTA - Durham $1,749,000 $1,555,000 211 136 46 14 Seller's
ON GTA - York $2,375,000 $1,880,000 563 327 137 13 Seller's
ON Hamilton $1,839,500 $1,510,000 254 121 27 23 Buyer's
ON Mississauga $2,950,000 $2,310,000 137 64 26 18 Balanced
ON Oakville $2,514,900 $2,400,000 132 82 33 17 Seller's
ON Toronto $3,799,444 $3,100,000 420 178 54 20 Buyer's
ON Waterloo Region $1,474,000 $1,300,000 166 103 49 12 Seller's
OR Portland $1,350,000 $1,075,000 615 248 283 6 Seller's
QC Montreal $1,999,000 $1,600,000 363 87 16 39 Buyer's
SC Hilton Head $2,095,000 $1,349,000 243 58 55 12 Seller's
TN Greater Chattanooga $965,000 $824,000 180 49 43 4 Seller's
TN Nashville $1,699,900 $1,355,500 653 246 220 4 Seller's
TX Austin $1,098,222 $995,000 1242 586 354 9 Seller's
TX Collin County $749,000 $717,786 1445 681 627 11 Seller's
TX Dallas $1,300,000 $1,004,001 450 209 186 11 Seller's
TX Denton County $775,786 $750,000 1101 508 425 9 Seller's
TX El Paso $610,800 $583,000 154 53 29 15 Balanced
TX Fort Worth $825,000 $800,000 970 393 465 8 Seller's
TX Greater Tyler $737,500 $611,500 148 77 48 9 Seller's
TX Houston $979,000 $880,000 1149 439 333 9 Seller's
TX Lubbock $652,500 $599,950 88 34 28 50 Seller's
TX San Angelo $650,000 $594,950 51 27 16 68 Seller's
TX San Antonio $799,070 $717,515 636 262 191 16 Seller's
TX The Woodlands & Spring $809,000 $741,000 213 119 162 7 Seller's
UT Park City $4,250,000 $3,075,000 202 57 16 7 Buyer's
UT Salt Lake City $1,132,096 $979,000 469 210 157 21 Seller's
VA Arlington & Alexandria $2,250,000 $1,850,000 77 32 49 6 Seller's
VA Charlottesville $1,300,000 $1,019,000 144 22 44 6 Seller's
VA Fairfax County $1,999,900 $1,500,000 346 113 152 7 Seller's
VA McLean & Vienna $2,750,000 $1,850,000 147 31 61 6 Seller's
VA Richmond $799,900 $790,153 291 110 197 6 Seller's
VA Smith Mountain Lake $1,750,000 $1,325,000 33 9 8 4 Seller's
WA King County - Greater Seattle $1,970,000 $1,695,000 1014 543 538 6 Seller's
WA Seattle $1,893,217 $1,715,000 254 140 167 6 Seller's
WA Spokane $1,150,000 $987,500 135 62 46 9 Seller's
State Market Name
Median
List Price
Median
Sold Price Inventory
New
Listings Sold
Days on
Market
Market
Status
OH Cleveland Suburbs - - - - - - -
ON GTA - Durham $829,450 $825,000 28 15 11 11 Seller's
ON GTA - York $789,000 $760,444 261 164 88 18 Seller's
ON Hamilton $929,450 $872,500 18 16 8 19 Seller's
ON Mississauga $969,000 $917,500 129 77 32 21 Seller's
ON Oakville $1,239,000 $1,087,500 27 15 6 22 Seller's
ON Toronto $1,244,450 $1,150,000 674 374 170 21 Seller's
ON Waterloo Region $847,400 $750,000 23 20 11 25 Seller's
OR Portland $742,450 $589,000 204 69 76 18 Seller's
QC Montreal $1,501,291 $1,400,000 90 83 11 55 Buyer's
SC Hilton Head $1,045,000 $1,000,000 40 7 11 5 Seller's
TN Greater Chattanooga - - - - - - -
TN Nashville $739,000 $660,000 117 39 60 6 Seller's
TX Austin $876,500 $750,000 243 83 53 15 Seller's
TX Collin County - - - - - - -
TX Dallas $744,950 $630,000 114 41 50 11 Seller's
TX Denton County - - - - - - -
TX El Paso - - - - - - -
TX Fort Worth - - - - - - -
TX Greater Tyler - - - - - - -
TX Houston $624,000 $586,570 135 55 28 19 Balanced
TX Lubbock - - - - - - -
TX San Angelo - - - - - - -
TX San Antonio $745,000 $623,250 33 7 4 199 Buyer's
TX The Woodlands & Spring - - - - - - -
UT Park City $1,895,000 $2,077,500 99 28 26 13 Seller's
UT Salt Lake City $596,950 $555,000 170 68 73 25 Seller's
VA Arlington & Alexandria $955,000 $992,500 88 40 68 12 Seller's
VA Charlottesville $759,900 $666,013 31 13 10 29 Seller's
VA Fairfax County $775,000 $690,000 213 101 139 15 Seller's
VA McLean & Vienna $1,112,475 $1,025,000 32 8 16 22 Seller's
VA Richmond - - - - - - -
VA Smith Mountain Lake - - - - - - -
WA King County - Greater Seattle $1,124,000 $1,000,000 253 91 100 8 Seller's
WA Seattle $1,495,000 $1,235,000 121 31 22 7 Balanced
WA Spokane - - - - - - -
Markets with dashes do not have a significant luxury market for this report. Median prices represent properties priced above respective city benchmark prices. Prices shown for Canadian
cites are shown in Canadian Dollars.
Luxury Home Market Report Summary

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Luxury Home Market Report Summary

  • 1. Home of the CLHMSTM www.LuxuryHomeMarketing.com LUXURY MARKET REPORT SEPTEMBER 2022
  • 2. Copyright © 2022 Institute for Luxury Home Marketing | www.luxuryhomemarketing.com | 214.485.3000 The Luxury Market Report is a monthly analysis provided by The Institute for Luxury Home Marketing. Luxury benchmark prices are determined by The Institute. This active and sold data has been provided by REAL Marketing, who has compiled the data through various sources, including local MLS boards, local tax records and Realtor.com. Data is deemed reliable to the best of our knowledge, but is not guaranteed. MAP OF LUXURY RESIDENTIAL MARKETS THIS IS YOUR LUXURY MARKET REPORT Welcome to the Luxury Market Report, your guide to luxury real estate market data and trends for North America. Produced monthly by The Institute for Luxury Home Marketing, this report provides an in-depth look at the top residential markets across the United States and Canada. Within the individual markets, you will find established luxury benchmark prices and detailed survey of luxury active and sold properties designed to showcase current market status and recent trends. The national report illustrates a compilation of the top North American markets to review overall standards and trends.                                                                                                                                                                                                                                                                                
  • 3. REPORT GLOSSARY The Institute for Luxury Home Marketing has analyzed a number of metrics — including sales prices, sales volumes, number of sales, sales-price-to-list-price ratios, days on market and price-per-square-foot – to provide you a comprehensive North American Luxury Market report. Additionally, we have further examined all of the individual luxury markets to provide both an overview and an in-depth analysis - including, where data is sufficient, a breakdown by luxury single-family homes and luxury attached homes. It is our intention to include additional luxury markets on a continual basis. If your market is not featured, please contact us so we can implement the necessary qualification process. More in-depth reports on the luxury communities in your market are available as well. Looking through this report, you will notice three distinct market statuses, Buyer's Market, Seller's Market, and Balanced Market. A Buyer's Market indicates that buyers have greater control over the price point. This market type is demonstrated by a substantial number of homes on the market and few sales, suggesting demand for residential properties is slow for that market and/or price point. By contrast, a Seller's Market gives sellers greater control over the price point. Typically, this means there are few homes on the market and a generous demand, causing competition between buyers who ultimately drive sales prices higher. A Balanced Market indicates that neither the buyers nor the sellers control the price point at which that property will sell and that there is neither a glut nor a lack of inventory. Typically, this type of market sees a stabilization of both the list and sold price, the length of time the property is on the market as well as the expectancy amongst homeowners in their respective communities – so long as their home is priced in accordance with the current market value. REMAINING INVENTORY: The total number of homes available at the close of a month. DAYS ON MARKET: Measures the number of days a home is available on the market before a purchase offer is accepted. LUXURY BENCHMARK PRICE: The price point that marks the transition from traditional homes to luxury homes. NEW LISTINGS: The number of homes that entered the market during the current month. PRICE PER SQUARE FOOT: Measures the dollar amount of the home's price for an individual square foot. SALES RATIO: Sales Ratio defines market speed and determines whether the market currently favors buyers or sellers. Buyer's Market = up to 14%; Balanced Market = 15 to 20%; Seller's Market = 21% plus. If >100%, sales from previous month exceed current inventory. SP/LP RATIO: The Sales Price/List Price Ratio compares the value of the sold price to the value of the list price. – LUXURY REPORT EXPLAINED –
  • 4. “While it is contended that we are moving towards a buyer’s market, the current data for August 2022 shows that conditions in most luxury markets are still favorable to sellers – of the 140 single-family markets showcased in our report, 106 remain seller markets.”
  • 5. Market Changes to Consider Over the last few months, the luxury real estate market has experienced the return of a more normal pace for those looking to buy and sell their homes. Recent trends also continue to show a considerable moderation in the number of sales and the rate of price increases, which has certainly taken the pressure off the market. While it is contended that we are moving towards a buyer’s market, the current data for August 2022 shows that conditions in most luxury markets are still favorable to sellers – of the 140 single-family markets showcased in our report, 106 remain seller markets. However, the sales ratio percentage, which measures the rate of sales against available inventory each month, is trending downwards in most markets month over month, in comparison to 2021 levels. Whether the overall luxury real estate market moves towards a balanced or buyer’s market will likely depend on changes in inventory levels and whether the available homes match buyers' demand. Even at the height of the buyer frenzy in spring 2021, homes that were considerably over-priced or needed extensive renovations or repairs often remained unsold. Demand for move-in-ready properties remains a top priority for affluent buyers who have little time or desire to embark on any more than simple updating projects. As we highlighted last month, properties that are fully furnished, down to kitchen utensils, dishware, and all the soft furnishings, are highly prized, often seeing some of the shortest days on the market. The level of inventory may have risen since May 2022, and now approximately 50% higher for single family homes and 18% for attached properties compared to August 2021, but of greater significance is that the number of new listings entering the market has continued to drop since June 2022. Expectations are that these numbers will rise as we enter the fall season, but it seems that some luxury sellers are hesitant to enter the current market. NORTH AMERICAN LUXURY REVIEW
  • 6. The drop in new listings might be explained as, traditionally, summer months do see fewer homes enter the market as families take time to vacation. However, according to Danielle Halle, Chief Economist at Realtor.com, “even though home prices are near record highs and home equity has soared, homeowners appear to be less eager to list homes for sale compared to last year. Recent survey data shows that while home sellers are in a good position, typically getting their list price and still generally satisfied with the price and other aspects of their home sale, some of their (seller) markers have shifted over the last year.” Sellers are facing several problems, including appraisals not matching the value of their asking price and the return of contract contingencies such as requests for repairs or compensation. In the last year especially, these were not included in buyer contracts because multiple offers and cash buyers mitigated these sorts of requests. It seems that some sellers are not quite ready to contend with the return of negotiating terms or, depending on their level of wealth, simply do not need to sell, so they are ready to wait until the market becomes more favorable. Equally, after two long years of unrest and upheaval, many affluent are content with their purchases and now looking for more stability and continuity. So, expectations are that they might not be ready to sell any time soon. If these affluent purchased using a ‘fixed-term’ low-interest rate mortgage, it is also unlikely that they would trade in these favorable terms if they do not have to sell or move unless a life-changing event occurs. If we are returning to a more traditional real estate cycle, then over the next couple of months, inventory levels should start to increase again, and we may see more luxury markets become balanced or buyer’s markets. As we move into the fall season, we review both new opportunities and trends that homeowners and investors should consider during their property search.
  • 7. Return to Urban Living An increasing number of buyers are starting to return to the larger metropolitan cities for multiple reasons, including simply missing the lifestyle or looking for a potential investment opportunity. This door may close soon, as also in the mix are foreign investors (now that travel restrictions are easing) and first-time buyers heading to urban markets looking for the opportunity to purchase a property. Experts predict that city markets may see stronger returns on investment than their suburban counterparts. Emerging City Neighborhoods While cities are starting to experience an influx of new and returning buyers, some of the best deals may be found in emerging neighborhoods. Before the pandemic, many of these inner, mid-city communities and industrial areas had been on trend for gentrification. Cities from Vancouver and Toronto in Canada to Atlanta, Austin, Chicago, and San Francisco in the US saw their emerging neighborhoods stall in 2020 as people chose to purchase away from the more crowded metropolitan communities. Today, emerging neighborhoods not only afford buyers better values but have the potential to create greater equity returns. These are ideal for buyers ready to invest in a property for the longer term, understanding that they are buying early and will need to wait for the neighborhood to evolve and mature.
  • 8. New Priorities As we enter the latter part of 2022, mainly due to the historic rise in property values over the last 24 months, many affluent are now starting to reprioritize with a keen eye on market stability and potential returns. Which trends will see better investment return; larger estate-sized homes, properties with views, those located on expansive land, or smaller homes closer to amenities, are questions being asked of our luxury real estate professionals. The answer may lie in reviewing the sales data for the last six months, which reveals that luxury mid-sized homes ranging from 3,000 to 3,500 sq ft are proving to be in the greatest demand for single family homes and 1,500 to 2,000 sq ft for attached properties. While people want extra space, they do not want to be overwhelmed with larger debt, especially as interest rates continue to rise. Equally, land and privacy are still important, but as things return to normal, the shift back to living closer to amenities and locations closer to work are becoming the main priority once more. Time to Diversify Now that remote working is mainstream, there is still an increased focus on investing in real estate that aligns with people’s lifestyle choices. Vacation and second home properties are expected to continue to increase in popularity, especially for those who need escape options from their primary property. The affluent are continuing to seek diversity in their lifestyle, and owning multiple properties, whether in the city, mountains, or beach locations, is an important facet in meeting that requirement. The art of selling and buying in this market needs a critical and analytical approach; understanding the realities and setting expectations accordingly will ensure that goals are achieved. For homeowners looking to buy or sell in today’s market, we recommend working with a Realtor who can capitalize on the preferences, trends, and demands in this dynamic and evolving environment.
  • 9. – 13-MONTH MARKET TRENDS – Single-Family Homes Attached Homes Single-Family List Price Attached List Price DAYS ON MARKET SALES PRICE VS. LIST PRICE All data is based off median values. Median prices represent properties priced above respective city benchmark prices. FOR THE LUXURY NORTH AMERICAN MARKET 11 13 14 15 15 17 18 13 9 7 7 9 12 16 16 15 12 15 16 18 11 8 8 9 9 13 0 2 4 6 8 10 12 14 16 18 20 JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL PRICE PER SQUARE FOOT $492 $486 $504 $501 $498 $535 $516 $526 $543 $526 $540 $550 $538 $376 $392 $397 $400 $396 $415 $410 $420 $421 $443 $438 $431 $430 $0 $100 $200 $300 $400 $500 $600 JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL $500,000 $700,000 $900,000 $1,100,000 $1,300,000 $1,500,000 $1,700,000 $1,900,000 $2,100,000 JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL Discrepancies in previous month statistics between the August 2022 and September 2022 reports are due to the addition of Whistler, BC.
  • 10. – LUXURY MONTHLY MARKET REVIEW – • Official Market Type: Seller's Market with a 34.84% Sales Ratio.1 • Homes are selling for an average of 99.17% of list price. • The median luxury threshold2 price is $925,000, and the median luxury home sales price is $1,299,000. • Markets with the Highest Median Sales Price: Aspen ($11,500,000), Whistler ($5,550,000), Vail ($4,550,000), and Naples ($4,200,000). • Markets with the Highest Sales Ratio: Cleveland Suburbs (131%), Hamilton County (95%), St. Louis (91%) and Howard County (79%). 1 Sales Ratio defines market speed and market type: Buyer's < 15.5%; Balanced >= 15.5 to < 20.5%; Seller's >= 20.5% plus. If >100%, sales from previous month exceeds current inventory. 2 The luxury threshold price is set by The Institute for Luxury Home Marketing. SINGLE-FAMILY HOMES MARKET SUMMARY | AUGUST 2022 SINGLE-FAMILY HOMES Median List Price $1,680,750 $1,595,000 Median Sale Price $1,360,697 $1,299,000 Median SP/LP Ratio 100.00% 99.17% Total Sales Ratio 56.05% 34.84% Median Price per Sq. Ft. $392 $418 Total Inventory 33,805 51,674 New Listings 11,760 16,673 Total Sold 18,947 18,001 Median Days on Market 13 18 Average Home Size 3,528 3,185 A Review of Key Market Differences Year over Year August 2021 | August 2022 Median prices represent properties priced above respective city benchmark prices. August 2022 August 2021 August 2022 August 2021  New Listings Total Sold Days on Market Sales Ratio Med. Sale Price 4,913 946 $ 61,697 5 21.21%    
  • 11.    ATTACHED HOMES New Listings Total Sold Sales Ratio Med. Sale Price 704 675 11.18% ATTACHED HOMES MARKET SUMMARY | AUGUST 2022 • Official Market Type: Seller's Market with a 30.34% Sales Ratio.1 • Attached homes are selling for an average of 98.92% of list price. • The median luxury threshold2 price is $700,000, and the median attached luxury sale price is $876,250. • Markets with the Highest Median Sales Price: Aspen ($4,125,000), Vail ($3,250,000), Whistler ($2,342,500), and San Francisco ($2,275,000). • Markets with the Highest Sales Ratio: Santa Barbara (127%), Howard County (122%), Anne Arundel County (91%) and Sussex County Coastal (84%). 1 Sales Ratio defines market speed and market type: Buyer's < 15.5%; Balanced >= 15.5 to < 20.5%; Seller's >= 20.5% plus. If >100%, sales from previous month exceeds current inventory. 2 The luxury threshold price is set by The Institute for Luxury Home Marketing. Median List Price $998,585 $942,225 Median Sale Price $830,000 $876,250 Median SP/LP Ratio 100.00% 98.92% Total Sales Ratio 41.52% 30.34% Median Price per Sq. Ft. $489 $527 Total Inventory 12,341 14,665 New Listings 4,137 4,841 Total Sold 5,124 4,449 Median Days on Market 16 18 Average Home Size 1,960 1,843 – LUXURY MONTHLY MARKET REVIEW – Median prices represent properties priced above respective city benchmark prices. Days on Market 2   $ 46,250 A Review of Key Market Differences Year over Year August 2021 | August 2022 August 2022 August 2021 August 2022 August 2021
  • 12. – LUXURY MONTHLY MARKET REVIEW – State Market Name Median List Price Median Sold Price Inventory New Listings Sold Days on Market Market Status AB Calgary $1,099,999 $930,000 537 238 147 23 Seller's AZ Chandler and Gilbert $1,075,000 $1,000,000 265 89 72 41 Seller's AZ Flagstaff $1,462,250 $1,272,500 84 24 24 50 Seller's AZ Mesa $847,000 $835,000 216 87 69 33 Seller's AZ Paradise Valley $4,995,000 $3,025,000 110 27 21 74 Balanced AZ Phoenix $849,900 $787,000 873 286 272 41 Seller's AZ Scottsdale $1,850,000 $1,755,000 630 185 153 48 Seller's AZ Tucson $718,000 $655,000 723 237 261 15 Seller's BC Mid Vancouver Island $1,650,000 $1,465,000 231 86 24 22 Buyer's BC Okanagan Valley $1,790,000 $1,530,000 917 276 65 47 Buyer's BC Vancouver $4,500,000 $3,259,000 1144 272 66 25 Buyer's BC Victoria $2,499,000 $1,950,000 139 55 23 17 Balanced BC Whistler $4,500,000 $5,550,000 55 10 4 41 Buyer's CA Central Coast $2,850,000 $2,150,000 240 82 71 20 Seller's CA East Bay $2,198,775 $1,869,500 534 272 412 16 Seller's CA Greater Palm Springs $1,849,000 $1,599,000 213 67 78 33 Seller's CA Lake Tahoe $2,250,000 $1,885,000 218 51 40 20 Balanced CA Los Angeles Beach Cities $5,899,000 $3,915,000 297 88 71 12 Seller's CA Los Angeles City $4,999,000 $3,500,000 646 187 119 18 Balanced CA Los Angeles The Valley $2,495,000 $2,025,500 468 187 190 20 Seller's CA Marin County $4,122,500 $2,900,000 118 25 47 17 Seller's CA Napa County $4,309,000 $2,300,000 52 7 22 26 Seller's CA Orange County $2,689,000 $2,274,000 1012 335 383 15 Seller's CA Placer County $1,195,000 $1,149,000 256 95 101 21 Seller's CA Sacramento $949,000 $915,000 668 253 339 19 Seller's CA San Diego $2,215,000 $1,868,500 933 366 354 15 Seller's CA San Francisco $4,495,000 $3,425,000 119 42 55 17 Seller's CA San Luis Obispo County $1,875,000 $1,447,500 183 61 74 40 Seller's CA Santa Barbara $5,750,000 $3,500,000 123 48 57 11 Seller's CA Silicon Valley $3,798,000 $3,287,500 486 224 268 15 Seller's CA Sonoma County $2,274,500 $1,750,000 214 35 65 36 Seller's CA Ventura County $1,992,500 $1,775,000 262 82 103 28 Seller's CO Aspen $14,900,000 $11,500,000 105 13 7 76 Buyer's CO Boulder $2,295,000 $1,600,000 201 74 81 49 Seller's CO Colorado Springs $935,000 $844,500 471 146 146 13 Seller's SINGLE-FAMILY HOMES Median prices represent properties priced above respective city benchmark prices. Prices shown for Canadian cites are shown in Canadian Dollars.
  • 13. – LUXURY MONTHLY MARKET REVIEW – SINGLE-FAMILY HOMES Median prices represent properties priced above respective city benchmark prices. Prices shown for Canadian cites are shown in Canadian Dollars. State Market Name Median List Price Median Sold Price Inventory New Listings Sold Days on Market Market Status ON GTA - Durham $1,749,000 $1,555,000 211 136 46 14 Seller's ON GTA - York $2,375,000 $1,880,000 563 327 137 13 Seller's ON Hamilton $1,839,500 $1,510,000 254 121 27 23 Buyer's ON Mississauga $2,950,000 $2,310,000 137 64 26 18 Balanced ON Oakville $2,514,900 $2,400,000 132 82 33 17 Seller's ON Toronto $3,799,444 $3,100,000 420 178 54 20 Buyer's ON Waterloo Region $1,474,000 $1,300,000 166 103 49 12 Seller's OR Portland $1,350,000 $1,075,000 615 248 283 6 Seller's QC Montreal $1,999,000 $1,600,000 363 87 16 39 Buyer's SC Hilton Head $2,095,000 $1,349,000 243 58 55 12 Seller's TN Greater Chattanooga $965,000 $824,000 180 49 43 4 Seller's TN Nashville $1,699,900 $1,355,500 653 246 220 4 Seller's TX Austin $1,098,222 $995,000 1242 586 354 9 Seller's TX Collin County $749,000 $717,786 1445 681 627 11 Seller's TX Dallas $1,300,000 $1,004,001 450 209 186 11 Seller's TX Denton County $775,786 $750,000 1101 508 425 9 Seller's TX El Paso $610,800 $583,000 154 53 29 15 Balanced TX Fort Worth $825,000 $800,000 970 393 465 8 Seller's TX Greater Tyler $737,500 $611,500 148 77 48 9 Seller's TX Houston $979,000 $880,000 1149 439 333 9 Seller's TX Lubbock $652,500 $599,950 88 34 28 50 Seller's TX San Angelo $650,000 $594,950 51 27 16 68 Seller's TX San Antonio $799,070 $717,515 636 262 191 16 Seller's TX The Woodlands & Spring $809,000 $741,000 213 119 162 7 Seller's UT Park City $4,250,000 $3,075,000 202 57 16 7 Buyer's UT Salt Lake City $1,132,096 $979,000 469 210 157 21 Seller's VA Arlington & Alexandria $2,250,000 $1,850,000 77 32 49 6 Seller's VA Charlottesville $1,300,000 $1,019,000 144 22 44 6 Seller's VA Fairfax County $1,999,900 $1,500,000 346 113 152 7 Seller's VA McLean & Vienna $2,750,000 $1,850,000 147 31 61 6 Seller's VA Richmond $799,900 $790,153 291 110 197 6 Seller's VA Smith Mountain Lake $1,750,000 $1,325,000 33 9 8 4 Seller's WA King County - Greater Seattle $1,970,000 $1,695,000 1014 543 538 6 Seller's WA Seattle $1,893,217 $1,715,000 254 140 167 6 Seller's WA Spokane $1,150,000 $987,500 135 62 46 9 Seller's State Market Name Median List Price Median Sold Price Inventory New Listings Sold Days on Market Market Status CO Denver $1,545,000 $1,328,000 535 199 276 13 Seller's CO Douglas County $1,349,950 $1,167,500 264 84 140 16 Seller's CO Durango $1,550,000 $1,250,000 119 22 25 56 Seller's CO Summit County $3,099,000 $1,625,000 87 20 15 13 Balanced CO Telluride $6,500,000 $3,797,500 83 10 6 55 Buyer's CO Vail $4,590,000 $4,550,000 83 15 11 31 Buyer's CT Central Connecticut $699,900 $619,725 375 79 276 7 Seller's CT Coastal Connecticut $2,275,000 $1,675,000 527 119 254 26 Seller's DC Washington D.C. $4,495,000 $2,650,000 46 7 17 8 Seller's DE Sussex County Coastal $1,399,950 $1,189,677 163 46 44 5 Seller's FL Boca Raton/Delray Beach $2,699,500 $2,000,000 442 109 67 23 Balanced FL Coastal Pinellas County $2,387,500 $2,275,000 90 18 17 35 Balanced FL Greater Fort Lauderdale $1,350,000 $1,055,000 1423 436 297 21 Balanced FL Jacksonville Beaches $1,472,125 $1,150,000 298 91 93 30 Seller's FL Lee County $1,399,900 $1,375,000 546 141 113 24 Balanced FL Marco Island $2,560,000 $2,162,500 91 15 16 54 Balanced FL Miami $1,950,000 $1,350,000 890 223 118 31 Buyer's FL Naples $4,985,000 $4,200,000 232 35 39 29 Balanced FL Orlando $1,250,000 $1,135,000 678 176 185 13 Seller's FL Palm Beach Towns $3,087,500 $2,487,500 228 46 26 17 Buyer's FL Sarasota & Beaches $2,950,000 $2,200,000 251 49 49 35 Balanced FL South Pinellas County $1,595,000 $1,497,500 244 71 56 17 Seller's FL South Walton $2,340,000 $2,100,000 400 85 59 33 Buyer's FL Space Coast $850,000 $770,000 339 138 153 12 Seller's FL Tampa $750,000 $675,000 1251 463 431 8 Seller's FL Weston $1,275,000 $1,026,100 113 35 37 18 Seller's GA Atlanta $1,475,000 $1,167,500 639 234 250 8 Seller's GA Duluth $1,575,000 $1,199,500 21 7 8 24 Seller's HI Island of Hawaii $1,972,500 $1,800,000 112 19 17 26 Balanced HI Kauai $2,875,000 $2,850,000 45 9 6 11 Buyer's HI Maui $3,188,000 $1,947,500 137 32 26 81 Balanced HI Oahu $3,000,000 $2,200,000 196 51 55 17 Seller's ID Ada County $779,900 $759,450 985 338 316 14 Seller's ID Northern Idaho $1,600,000 $1,325,000 515 137 58 64 Buyer's IL Chicago $1,498,888 $1,349,000 637 225 379 9 Seller's IL DuPage County $1,189,000 $955,000 313 99 161 11 Seller's
  • 14. – LUXURY MONTHLY MARKET REVIEW – SINGLE-FAMILY HOMES Median prices represent properties priced above respective city benchmark prices. Prices shown for Canadian cites are shown in Canadian Dollars. State Market Name Median List Price Median Sold Price Inventory New Listings Sold Days on Market Market Status ON GTA - Durham $1,749,000 $1,555,000 211 136 46 14 Seller's ON GTA - York $2,375,000 $1,880,000 563 327 137 13 Seller's ON Hamilton $1,839,500 $1,510,000 254 121 27 23 Buyer's ON Mississauga $2,950,000 $2,310,000 137 64 26 18 Balanced ON Oakville $2,514,900 $2,400,000 132 82 33 17 Seller's ON Toronto $3,799,444 $3,100,000 420 178 54 20 Buyer's ON Waterloo Region $1,474,000 $1,300,000 166 103 49 12 Seller's OR Portland $1,350,000 $1,075,000 615 248 283 6 Seller's QC Montreal $1,999,000 $1,600,000 363 87 16 39 Buyer's SC Hilton Head $2,095,000 $1,349,000 243 58 55 12 Seller's TN Greater Chattanooga $965,000 $824,000 180 49 43 4 Seller's TN Nashville $1,699,900 $1,355,500 653 246 220 4 Seller's TX Austin $1,098,222 $995,000 1242 586 354 9 Seller's TX Collin County $749,000 $717,786 1445 681 627 11 Seller's TX Dallas $1,300,000 $1,004,001 450 209 186 11 Seller's TX Denton County $775,786 $750,000 1101 508 425 9 Seller's TX El Paso $610,800 $583,000 154 53 29 15 Balanced TX Fort Worth $825,000 $800,000 970 393 465 8 Seller's TX Greater Tyler $737,500 $611,500 148 77 48 9 Seller's TX Houston $979,000 $880,000 1149 439 333 9 Seller's TX Lubbock $652,500 $599,950 88 34 28 50 Seller's TX San Angelo $650,000 $594,950 51 27 16 68 Seller's TX San Antonio $799,070 $717,515 636 262 191 16 Seller's TX The Woodlands & Spring $809,000 $741,000 213 119 162 7 Seller's UT Park City $4,250,000 $3,075,000 202 57 16 7 Buyer's UT Salt Lake City $1,132,096 $979,000 469 210 157 21 Seller's VA Arlington & Alexandria $2,250,000 $1,850,000 77 32 49 6 Seller's VA Charlottesville $1,300,000 $1,019,000 144 22 44 6 Seller's VA Fairfax County $1,999,900 $1,500,000 346 113 152 7 Seller's VA McLean & Vienna $2,750,000 $1,850,000 147 31 61 6 Seller's VA Richmond $799,900 $790,153 291 110 197 6 Seller's VA Smith Mountain Lake $1,750,000 $1,325,000 33 9 8 4 Seller's WA King County - Greater Seattle $1,970,000 $1,695,000 1014 543 538 6 Seller's WA Seattle $1,893,217 $1,715,000 254 140 167 6 Seller's WA Spokane $1,150,000 $987,500 135 62 46 9 Seller's State Market Name Median List Price Median Sold Price Inventory New Listings Sold Days on Market Market Status IL Lake County $1,150,000 $919,500 279 96 158 9 Seller's IL Will County $687,450 $625,000 230 101 175 9 Seller's IN Hamilton County $849,950 $750,000 140 48 133 5 Seller's KS Johnson County $817,160 $804,000 362 84 186 3 Seller's MA Cape Cod $2,350,000 $1,837,500 130 30 38 21 Seller's MA Greater Boston $3,224,500 $2,700,000 82 18 54 26 Seller's MA South Shore $1,770,000 $1,550,000 64 19 50 22 Seller's MD Anne Arundel County $1,000,000 $935,419 160 60 112 8 Seller's MD Frederick County $889,000 $860,000 61 22 27 10 Seller's MD Howard County $1,149,990 $1,061,000 107 49 85 6 Seller's MD Montgomery County $1,899,228 $1,510,000 166 45 129 7 Seller's MD Talbot County $2,422,500 $2,457,500 40 8 2 36 Buyer's MD Worcester County $995,000 $902,500 53 13 18 38 Seller's MI Livingston County $774,900 $707,500 121 38 40 16 Seller's MI Monroe County $599,999 $615,000 17 5 6 19 Seller's MI Oakland County $725,000 $650,000 908 342 412 13 Seller's MI Washtenaw County $892,500 $764,250 162 48 70 6 Seller's MI Wayne County $717,000 $621,250 224 92 98 9 Seller's MN Olmsted County $824,900 $670,000 75 14 27 11 Seller's MN Twin Cities $1,200,000 $973,390 691 211 276 14 Seller's MO Kansas City $662,843 $658,000 1368 296 560 4 Seller's MO St. Louis $825,000 $675,000 100 44 91 6 Seller's NC Asheville $1,000,000 $872,092 247 84 115 11 Seller's NC Charlotte $1,125,000 $907,500 606 207 378 6 Seller's NC Lake Norman $1,185,000 $948,550 212 70 86 11 Seller's NC Raleigh-Durham $1,067,000 $925,000 512 173 255 4 Seller's NJ Ocean County $909,900 $830,000 470 163 153 13 Seller's NM Taos $1,250,000 $992,500 79 18 8 54 Buyer's NV Lake Tahoe $3,450,000 $2,565,000 159 23 19 105 Buyer's NV Las Vegas $1,650,000 $1,399,950 790 223 108 26 Buyer's NV Reno $1,900,000 $1,575,000 150 36 15 52 Buyer's NY Finger Lakes $2,200,000 $1,290,000 31 4 12 8 Seller's NY Nassau County $1,877,500 $1,410,000 736 155 221 21 Seller's NY Staten Island $1,250,000 $1,098,000 182 39 27 40 Buyer's NY Suffolk County $1,950,000 $1,247,500 911 206 202 24 Seller's OH Cincinnati $874,950 $750,000 190 40 112 2 Seller's
  • 15. – LUXURY MONTHLY MARKET REVIEW – SINGLE-FAMILY HOMES Median prices represent properties priced above respective city benchmark prices. Prices shown for Canadian cites are shown in Canadian Dollars. State Market Name Median List Price Median Sold Price Inventory New Listings Sold Days on Market Market Status ON GTA - Durham $1,749,000 $1,555,000 211 136 46 14 Seller's ON GTA - York $2,375,000 $1,880,000 563 327 137 13 Seller's ON Hamilton $1,839,500 $1,510,000 254 121 27 23 Buyer's ON Mississauga $2,950,000 $2,310,000 137 64 26 18 Balanced ON Oakville $2,514,900 $2,400,000 132 82 33 17 Seller's ON Toronto $3,799,444 $3,100,000 420 178 54 20 Buyer's ON Waterloo Region $1,474,000 $1,300,000 166 103 49 12 Seller's OR Portland $1,350,000 $1,075,000 615 248 283 6 Seller's QC Montreal $1,999,000 $1,600,000 363 87 16 39 Buyer's SC Hilton Head $2,095,000 $1,349,000 243 58 55 12 Seller's TN Greater Chattanooga $965,000 $824,000 180 49 43 4 Seller's TN Nashville $1,699,900 $1,355,500 653 246 220 4 Seller's TX Austin $1,098,222 $995,000 1242 586 354 9 Seller's TX Collin County $749,000 $717,786 1445 681 627 11 Seller's TX Dallas $1,300,000 $1,004,001 450 209 186 11 Seller's TX Denton County $775,786 $750,000 1101 508 425 9 Seller's TX El Paso $610,800 $583,000 154 53 29 15 Balanced TX Fort Worth $825,000 $800,000 970 393 465 8 Seller's TX Greater Tyler $737,500 $611,500 148 77 48 9 Seller's TX Houston $979,000 $880,000 1149 439 333 9 Seller's TX Lubbock $652,500 $599,950 88 34 28 50 Seller's TX San Angelo $650,000 $594,950 51 27 16 68 Seller's TX San Antonio $799,070 $717,515 636 262 191 16 Seller's TX The Woodlands & Spring $809,000 $741,000 213 119 162 7 Seller's UT Park City $4,250,000 $3,075,000 202 57 16 7 Buyer's UT Salt Lake City $1,132,096 $979,000 469 210 157 21 Seller's VA Arlington & Alexandria $2,250,000 $1,850,000 77 32 49 6 Seller's VA Charlottesville $1,300,000 $1,019,000 144 22 44 6 Seller's VA Fairfax County $1,999,900 $1,500,000 346 113 152 7 Seller's VA McLean & Vienna $2,750,000 $1,850,000 147 31 61 6 Seller's VA Richmond $799,900 $790,153 291 110 197 6 Seller's VA Smith Mountain Lake $1,750,000 $1,325,000 33 9 8 4 Seller's WA King County - Greater Seattle $1,970,000 $1,695,000 1014 543 538 6 Seller's WA Seattle $1,893,217 $1,715,000 254 140 167 6 Seller's WA Spokane $1,150,000 $987,500 135 62 46 9 Seller's State Market Name Median List Price Median Sold Price Inventory New Listings Sold Days on Market Market Status OH Cleveland Suburbs $650,000 $679,393 29 6 38 25 Seller's ON GTA - Durham $1,810,000 $1,551,750 189 118 56 18 Seller's ON GTA - York $2,499,000 $1,809,000 470 257 182 17 Seller's ON Hamilton $1,849,000 $1,567,500 245 101 31 32 Buyer's ON Mississauga $3,149,425 $2,337,500 108 53 30 22 Seller's ON Oakville $2,500,000 $2,460,000 113 58 26 24 Seller's ON Toronto $3,798,888 $3,150,000 341 147 67 20 Balanced ON Waterloo Region $1,549,500 $1,299,000 128 74 51 19 Seller's OR Portland $1,317,995 $1,140,500 595 200 244 9 Seller's QC Montreal $1,898,000 $1,530,000 97 91 18 61 Balanced SC Hilton Head $2,095,000 $1,432,500 231 38 48 11 Balanced TN Greater Chattanooga $998,950 $852,500 202 71 58 9 Seller's TN Nashville $1,650,000 $1,246,500 626 205 210 8 Seller's TX Austin $1,075,713 $1,021,000 1126 347 307 18 Seller's TX Collin County $750,000 $710,000 1355 509 620 17 Seller's TX Dallas $1,333,698 $1,095,000 398 136 183 13 Seller's TX Denton County $775,000 $725,000 1023 324 410 14 Seller's TX El Paso $615,000 $600,000 147 42 45 20 Seller's TX Fort Worth $849,995 $799,000 890 290 435 13 Seller's TX Greater Tyler $800,000 $609,500 189 109 57 16 Seller's TX Houston $949,989 $837,000 1071 339 285 10 Seller's TX Lubbock $619,000 $639,950 95 50 40 56 Seller's TX San Angelo $649,500 $565,000 54 20 17 49 Seller's TX San Antonio $798,412 $715,000 677 210 187 22 Seller's TX The Woodlands & Spring $849,450 $765,000 206 104 151 9 Seller's UT Park City $4,650,000 $2,625,000 198 40 18 22 Buyer's UT Salt Lake City $1,195,000 $992,500 460 186 178 22 Seller's VA Arlington & Alexandria $2,299,000 $1,885,000 71 24 26 9 Seller's VA Charlottesville $1,300,000 $1,021,500 134 24 44 5 Seller's VA Fairfax County $2,098,950 $1,449,900 316 90 141 11 Seller's VA McLean & Vienna $2,824,950 $1,701,849 136 35 44 13 Seller's VA Richmond $799,000 $775,000 304 94 179 6 Seller's VA Smith Mountain Lake $1,637,475 $1,000,000 24 6 13 6 Seller's WA King County - Greater Seattle $1,850,000 $1,650,000 1105 480 559 11 Seller's WA Seattle $1,850,000 $1,718,000 235 125 132 7 Seller's WA Spokane $1,162,500 $1,100,000 130 51 33 33 Seller's
  • 16. – LUXURY MONTHLY MARKET REVIEW – ATTACHED HOMES State Market Name Median List Price Median Sold Price Inventory New Listings Sold Days on Market Market Status AB Calgary $750,000 $695,000 153 41 25 39 Balanced AZ Chandler and Gilbert - - - - - - - AZ Flagstaff - - - - - - - AZ Mesa - - - - - - - AZ Paradise Valley - - - - - - - AZ Phoenix - - - - - - - AZ Scottsdale $875,000 $790,000 193 63 47 34 Seller's AZ Tucson - - - - - - - BC Mid Vancouver Island $848,950 $802,500 62 21 10 39 Balanced BC Okanagan Valley - - - - - - - BC Vancouver $1,988,500 $1,769,000 906 265 80 27 Buyer's BC Victoria $999,000 $892,500 124 72 42 16 Seller's BC Whistler $2,635,250 $2,342,500 36 9 2 62 Buyer's CA Central Coast $1,275,000 $1,025,000 25 10 21 14 Seller's CA East Bay $999,970 $1,072,500 166 90 134 14 Seller's CA Greater Palm Springs - - - - - - - CA Lake Tahoe $1,625,000 $880,000 25 6 3 48 Buyer's CA Los Angeles Beach Cities $1,897,000 $1,775,000 156 52 71 18 Seller's CA Los Angeles City $1,699,500 $1,434,000 338 122 86 24 Seller's CA Los Angeles The Valley $789,000 $825,000 153 76 83 17 Seller's CA Marin County $1,297,500 $1,150,000 34 9 19 24 Seller's CA Napa County - - - - - - - CA Orange County $1,200,000 $1,160,000 368 158 220 15 Seller's CA Placer County - - - - - - - CA Sacramento - - - - - - - CA San Diego $1,100,000 $1,043,500 345 163 212 12 Seller's CA San Francisco $2,750,000 $2,275,000 75 16 9 35 Buyer's CA San Luis Obispo County - - - - - - - CA Santa Barbara $1,399,000 $1,625,000 11 6 14 26 Seller's CA Silicon Valley $1,699,999 $1,590,000 113 64 71 14 Seller's CA Sonoma County $834,000 $751,785 18 6 7 40 Seller's CA Ventura County $750,000 $785,000 113 53 50 16 Seller's CO Aspen $3,674,000 $4,125,000 42 11 5 67 Buyer's CO Boulder $871,470 $1,127,500 63 28 40 67 Seller's CO Colorado Springs - - - - - - - Markets with dashes do not have a significant luxury market for this report. Median prices represent properties priced above respective city benchmark prices. Prices shown for Canadian cites are shown in Canadian Dollars.
  • 17. – LUXURY MONTHLY MARKET REVIEW – ATTACHED HOMES Markets with dashes do not have a significant luxury market for this report. Median prices represent properties priced above respective city benchmark prices. Prices shown for Canadian cites are shown in Canadian Dollars. State Market Name Median List Price Median Sold Price Inventory New Listings Sold Days on Market Market Status ON GTA - Durham $1,749,000 $1,555,000 211 136 46 14 Seller's ON GTA - York $2,375,000 $1,880,000 563 327 137 13 Seller's ON Hamilton $1,839,500 $1,510,000 254 121 27 23 Buyer's ON Mississauga $2,950,000 $2,310,000 137 64 26 18 Balanced ON Oakville $2,514,900 $2,400,000 132 82 33 17 Seller's ON Toronto $3,799,444 $3,100,000 420 178 54 20 Buyer's ON Waterloo Region $1,474,000 $1,300,000 166 103 49 12 Seller's OR Portland $1,350,000 $1,075,000 615 248 283 6 Seller's QC Montreal $1,999,000 $1,600,000 363 87 16 39 Buyer's SC Hilton Head $2,095,000 $1,349,000 243 58 55 12 Seller's TN Greater Chattanooga $965,000 $824,000 180 49 43 4 Seller's TN Nashville $1,699,900 $1,355,500 653 246 220 4 Seller's TX Austin $1,098,222 $995,000 1242 586 354 9 Seller's TX Collin County $749,000 $717,786 1445 681 627 11 Seller's TX Dallas $1,300,000 $1,004,001 450 209 186 11 Seller's TX Denton County $775,786 $750,000 1101 508 425 9 Seller's TX El Paso $610,800 $583,000 154 53 29 15 Balanced TX Fort Worth $825,000 $800,000 970 393 465 8 Seller's TX Greater Tyler $737,500 $611,500 148 77 48 9 Seller's TX Houston $979,000 $880,000 1149 439 333 9 Seller's TX Lubbock $652,500 $599,950 88 34 28 50 Seller's TX San Angelo $650,000 $594,950 51 27 16 68 Seller's TX San Antonio $799,070 $717,515 636 262 191 16 Seller's TX The Woodlands & Spring $809,000 $741,000 213 119 162 7 Seller's UT Park City $4,250,000 $3,075,000 202 57 16 7 Buyer's UT Salt Lake City $1,132,096 $979,000 469 210 157 21 Seller's VA Arlington & Alexandria $2,250,000 $1,850,000 77 32 49 6 Seller's VA Charlottesville $1,300,000 $1,019,000 144 22 44 6 Seller's VA Fairfax County $1,999,900 $1,500,000 346 113 152 7 Seller's VA McLean & Vienna $2,750,000 $1,850,000 147 31 61 6 Seller's VA Richmond $799,900 $790,153 291 110 197 6 Seller's VA Smith Mountain Lake $1,750,000 $1,325,000 33 9 8 4 Seller's WA King County - Greater Seattle $1,970,000 $1,695,000 1014 543 538 6 Seller's WA Seattle $1,893,217 $1,715,000 254 140 167 6 Seller's WA Spokane $1,150,000 $987,500 135 62 46 9 Seller's State Market Name Median List Price Median Sold Price Inventory New Listings Sold Days on Market Market Status CO Denver $917,500 $720,313 140 43 44 11 Seller's CO Douglas County $549,990 $587,450 25 7 13 14 Seller's CO Durango $793,905 $910,000 18 2 15 51 Seller's CO Summit County $1,524,000 $1,378,500 30 10 8 9 Seller's CO Telluride - - - - - - - CO Vail $3,995,000 $3,250,000 51 4 3 9 Buyer's CT Central Connecticut - - - - - - - CT Coastal Connecticut $1,495,000 $853,000 154 18 52 24 Seller's DC Washington D.C. $1,995,000 $1,457,500 159 43 62 11 Seller's DE Sussex County Coastal $975,000 $779,316 19 9 16 7 Seller's FL Boca Raton/Delray Beach $865,125 $850,000 280 100 57 18 Balanced FL Coastal Pinellas County $1,396,550 $1,050,000 94 22 25 9 Seller's FL Greater Fort Lauderdale $849,450 $735,000 860 220 167 27 Balanced FL Jacksonville Beaches $995,000 $930,000 38 14 14 22 Seller's FL Lee County $849,900 $825,000 215 48 68 11 Seller's FL Marco Island $1,749,000 $1,350,000 37 5 9 25 Seller's FL Miami $1,450,000 $1,150,000 1225 218 121 43 Buyer's FL Naples $2,345,000 $1,800,000 129 30 35 26 Seller's FL Orlando $565,000 $560,500 204 61 69 9 Seller's FL Palm Beach Towns $1,975,000 $1,525,500 181 32 32 25 Balanced FL Sarasota & Beaches $1,692,500 $1,375,000 126 32 24 17 Balanced FL South Pinellas County $1,122,800 $900,000 175 47 48 12 Seller's FL South Walton $1,550,000 $1,150,000 225 43 27 24 Buyer's FL Space Coast $824,900 $685,000 135 24 41 13 Seller's FL Tampa $774,500 $667,000 187 68 51 9 Seller's FL Weston - - - - - - - GA Atlanta $749,900 $601,410 425 158 178 18 Seller's GA Duluth - - - - - - - HI Island of Hawaii $1,530,000 $1,483,750 47 7 16 8 Seller's HI Kauai $1,592,000 $1,560,000 42 9 15 14 Seller's HI Maui $2,125,000 $1,672,500 76 19 28 97 Seller's HI Oahu $1,175,000 $905,000 383 87 85 18 Seller's ID Ada County $673,500 $607,500 59 27 14 18 Seller's ID Northern Idaho - - - - - - - IL Chicago $1,275,000 $925,000 739 219 144 30 Balanced IL DuPage County $990,000 $675,000 21 7 11 5 Seller's
  • 18. – LUXURY MONTHLY MARKET REVIEW – ATTACHED HOMES State Market Name Median List Price Median Sold Price Inventory New Listings Sold Days on Market Market Status ON GTA - Durham $1,749,000 $1,555,000 211 136 46 14 Seller's ON GTA - York $2,375,000 $1,880,000 563 327 137 13 Seller's ON Hamilton $1,839,500 $1,510,000 254 121 27 23 Buyer's ON Mississauga $2,950,000 $2,310,000 137 64 26 18 Balanced ON Oakville $2,514,900 $2,400,000 132 82 33 17 Seller's ON Toronto $3,799,444 $3,100,000 420 178 54 20 Buyer's ON Waterloo Region $1,474,000 $1,300,000 166 103 49 12 Seller's OR Portland $1,350,000 $1,075,000 615 248 283 6 Seller's QC Montreal $1,999,000 $1,600,000 363 87 16 39 Buyer's SC Hilton Head $2,095,000 $1,349,000 243 58 55 12 Seller's TN Greater Chattanooga $965,000 $824,000 180 49 43 4 Seller's TN Nashville $1,699,900 $1,355,500 653 246 220 4 Seller's TX Austin $1,098,222 $995,000 1242 586 354 9 Seller's TX Collin County $749,000 $717,786 1445 681 627 11 Seller's TX Dallas $1,300,000 $1,004,001 450 209 186 11 Seller's TX Denton County $775,786 $750,000 1101 508 425 9 Seller's TX El Paso $610,800 $583,000 154 53 29 15 Balanced TX Fort Worth $825,000 $800,000 970 393 465 8 Seller's TX Greater Tyler $737,500 $611,500 148 77 48 9 Seller's TX Houston $979,000 $880,000 1149 439 333 9 Seller's TX Lubbock $652,500 $599,950 88 34 28 50 Seller's TX San Angelo $650,000 $594,950 51 27 16 68 Seller's TX San Antonio $799,070 $717,515 636 262 191 16 Seller's TX The Woodlands & Spring $809,000 $741,000 213 119 162 7 Seller's UT Park City $4,250,000 $3,075,000 202 57 16 7 Buyer's UT Salt Lake City $1,132,096 $979,000 469 210 157 21 Seller's VA Arlington & Alexandria $2,250,000 $1,850,000 77 32 49 6 Seller's VA Charlottesville $1,300,000 $1,019,000 144 22 44 6 Seller's VA Fairfax County $1,999,900 $1,500,000 346 113 152 7 Seller's VA McLean & Vienna $2,750,000 $1,850,000 147 31 61 6 Seller's VA Richmond $799,900 $790,153 291 110 197 6 Seller's VA Smith Mountain Lake $1,750,000 $1,325,000 33 9 8 4 Seller's WA King County - Greater Seattle $1,970,000 $1,695,000 1014 543 538 6 Seller's WA Seattle $1,893,217 $1,715,000 254 140 167 6 Seller's WA Spokane $1,150,000 $987,500 135 62 46 9 Seller's State Market Name Median List Price Median Sold Price Inventory New Listings Sold Days on Market Market Status IL Lake County - - - - - - - IL Will County - - - - - - - IN Hamilton County - - - - - - - KS Johnson County $611,663 $595,509 110 29 25 3 Seller's MA Cape Cod $797,500 $910,000 22 1 9 22 Seller's MA Greater Boston $2,482,500 $1,997,500 256 50 78 21 Seller's MA South Shore $837,450 $825,000 16 7 13 20 Seller's MD Anne Arundel County $577,000 $576,000 55 30 50 6 Seller's MD Frederick County - - - - - - - MD Howard County $600,000 $599,990 27 20 33 7 Seller's MD Montgomery County $788,700 $766,000 100 44 74 12 Seller's MD Talbot County - - - - - - - MD Worcester County $681,750 $689,000 44 14 23 24 Seller's MI Livingston County - - - - - - - MI Monroe County - - - - - - - MI Oakland County $692,000 $615,000 72 22 17 16 Seller's MI Washtenaw County $627,450 $599,000 54 15 18 27 Seller's MI Wayne County $649,900 $550,510 92 21 9 7 Buyer's MN Olmsted County - - - - - - - MN Twin Cities - - - - - - - MO Kansas City - - - - - - - MO St. Louis - - - - - - - NC Asheville $809,500 $577,500 25 6 15 24 Seller's NC Charlotte $650,000 $618,898 170 35 96 15 Seller's NC Lake Norman $598,711 $625,000 23 7 13 18 Seller's NC Raleigh-Durham - - - - - - - NJ Ocean County $882,500 $820,000 48 19 17 17 Seller's NM Taos - - - - - - - NV Lake Tahoe $1,294,500 $1,225,500 32 4 8 70 Seller's NV Las Vegas - - - - - - - NV Reno - - - - - - - NY Finger Lakes - - - - - - - NY Nassau County $1,561,944 $1,202,500 80 15 32 29 Seller's NY Staten Island $615,000 $630,000 96 35 37 26 Seller's NY Suffolk County $769,000 $625,000 165 47 56 28 Seller's OH Cincinnati $674,900 $720,000 17 1 10 61 Seller's Markets with dashes do not have a significant luxury market for this report. Median prices represent properties priced above respective city benchmark prices. Prices shown for Canadian cites are shown in Canadian Dollars.
  • 19. – LUXURY MONTHLY MARKET REVIEW – ATTACHED HOMES State Market Name Median List Price Median Sold Price Inventory New Listings Sold Days on Market Market Status ON GTA - Durham $1,749,000 $1,555,000 211 136 46 14 Seller's ON GTA - York $2,375,000 $1,880,000 563 327 137 13 Seller's ON Hamilton $1,839,500 $1,510,000 254 121 27 23 Buyer's ON Mississauga $2,950,000 $2,310,000 137 64 26 18 Balanced ON Oakville $2,514,900 $2,400,000 132 82 33 17 Seller's ON Toronto $3,799,444 $3,100,000 420 178 54 20 Buyer's ON Waterloo Region $1,474,000 $1,300,000 166 103 49 12 Seller's OR Portland $1,350,000 $1,075,000 615 248 283 6 Seller's QC Montreal $1,999,000 $1,600,000 363 87 16 39 Buyer's SC Hilton Head $2,095,000 $1,349,000 243 58 55 12 Seller's TN Greater Chattanooga $965,000 $824,000 180 49 43 4 Seller's TN Nashville $1,699,900 $1,355,500 653 246 220 4 Seller's TX Austin $1,098,222 $995,000 1242 586 354 9 Seller's TX Collin County $749,000 $717,786 1445 681 627 11 Seller's TX Dallas $1,300,000 $1,004,001 450 209 186 11 Seller's TX Denton County $775,786 $750,000 1101 508 425 9 Seller's TX El Paso $610,800 $583,000 154 53 29 15 Balanced TX Fort Worth $825,000 $800,000 970 393 465 8 Seller's TX Greater Tyler $737,500 $611,500 148 77 48 9 Seller's TX Houston $979,000 $880,000 1149 439 333 9 Seller's TX Lubbock $652,500 $599,950 88 34 28 50 Seller's TX San Angelo $650,000 $594,950 51 27 16 68 Seller's TX San Antonio $799,070 $717,515 636 262 191 16 Seller's TX The Woodlands & Spring $809,000 $741,000 213 119 162 7 Seller's UT Park City $4,250,000 $3,075,000 202 57 16 7 Buyer's UT Salt Lake City $1,132,096 $979,000 469 210 157 21 Seller's VA Arlington & Alexandria $2,250,000 $1,850,000 77 32 49 6 Seller's VA Charlottesville $1,300,000 $1,019,000 144 22 44 6 Seller's VA Fairfax County $1,999,900 $1,500,000 346 113 152 7 Seller's VA McLean & Vienna $2,750,000 $1,850,000 147 31 61 6 Seller's VA Richmond $799,900 $790,153 291 110 197 6 Seller's VA Smith Mountain Lake $1,750,000 $1,325,000 33 9 8 4 Seller's WA King County - Greater Seattle $1,970,000 $1,695,000 1014 543 538 6 Seller's WA Seattle $1,893,217 $1,715,000 254 140 167 6 Seller's WA Spokane $1,150,000 $987,500 135 62 46 9 Seller's State Market Name Median List Price Median Sold Price Inventory New Listings Sold Days on Market Market Status OH Cleveland Suburbs - - - - - - - ON GTA - Durham $829,450 $825,000 28 15 11 11 Seller's ON GTA - York $789,000 $760,444 261 164 88 18 Seller's ON Hamilton $929,450 $872,500 18 16 8 19 Seller's ON Mississauga $969,000 $917,500 129 77 32 21 Seller's ON Oakville $1,239,000 $1,087,500 27 15 6 22 Seller's ON Toronto $1,244,450 $1,150,000 674 374 170 21 Seller's ON Waterloo Region $847,400 $750,000 23 20 11 25 Seller's OR Portland $742,450 $589,000 204 69 76 18 Seller's QC Montreal $1,501,291 $1,400,000 90 83 11 55 Buyer's SC Hilton Head $1,045,000 $1,000,000 40 7 11 5 Seller's TN Greater Chattanooga - - - - - - - TN Nashville $739,000 $660,000 117 39 60 6 Seller's TX Austin $876,500 $750,000 243 83 53 15 Seller's TX Collin County - - - - - - - TX Dallas $744,950 $630,000 114 41 50 11 Seller's TX Denton County - - - - - - - TX El Paso - - - - - - - TX Fort Worth - - - - - - - TX Greater Tyler - - - - - - - TX Houston $624,000 $586,570 135 55 28 19 Balanced TX Lubbock - - - - - - - TX San Angelo - - - - - - - TX San Antonio $745,000 $623,250 33 7 4 199 Buyer's TX The Woodlands & Spring - - - - - - - UT Park City $1,895,000 $2,077,500 99 28 26 13 Seller's UT Salt Lake City $596,950 $555,000 170 68 73 25 Seller's VA Arlington & Alexandria $955,000 $992,500 88 40 68 12 Seller's VA Charlottesville $759,900 $666,013 31 13 10 29 Seller's VA Fairfax County $775,000 $690,000 213 101 139 15 Seller's VA McLean & Vienna $1,112,475 $1,025,000 32 8 16 22 Seller's VA Richmond - - - - - - - VA Smith Mountain Lake - - - - - - - WA King County - Greater Seattle $1,124,000 $1,000,000 253 91 100 8 Seller's WA Seattle $1,495,000 $1,235,000 121 31 22 7 Balanced WA Spokane - - - - - - - Markets with dashes do not have a significant luxury market for this report. Median prices represent properties priced above respective city benchmark prices. Prices shown for Canadian cites are shown in Canadian Dollars.