The luxury threshold moves lower
Realtor.com’s November 9 report puts October’s US luxury entry threshold at $1,197,014, down 2.3% annually. This is the asking-price boundary for the most expensive 10% of listings. The top-5% and top-1% thresholds fell 4.1% and 6.2%, respectively.
Local exceptions matter
Twelve metros recorded gains of at least 1%; five were in Florida. Naples-Marco Island rose 9.0%. Nationally, 90th-percentile listings spent a median 73 days on the market, five fewer than a year earlier.
Read the methodology
The data cover active existing-home listings supplied through participating MLS feeds. Local analysis includes 43 metros averaging at least 500 million-dollar listings over 12 months. These thresholds describe advertised prices, not completed sales or a uniform discount for individual homes.
