Luxury Prices Fall for 30th Straight Month as Big Price Tags Fail to Guarantee Top School Marks, Realtor.com® Finds
Realtor.com's September Luxury Housing Report shows the national luxury entry point at $1,199,321, down 3.6% year-over-year and the 30th straight month of annual declines. Despite falling prices, luxury homes are selling faster than a year ago in every tier, with 90th-percentile listings moving in a median 76 days. The report also finds high school ratings correlate loosely with price strength — Naples, Fla., tops both, while Bridgeport, Conn., ranks third on schools but is down 15.6% annually.
Key figures
- Luxury threshold yoy
- -3.6%
- Luxury threshold 90th pctile
- 1199321
- Million dollar listing share
- 12.5%
- Consecutive months of decline
- 30
- Median days on market 90th pctile
- 76
AI analysis
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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.