Luxury Real Estate Market Report

Luxury homes sales started the year off strong, with increases in most metrics quarter-over-quarter.

Changes in where affluent buyers are choosing to invest in luxury properties reveals a shift in the top 10 luxury housing markets for Q1 2025.

The Seneca Lake Wine Trail continues to be a significant driver in the luxury real estate market, particularly along the east side of Seneca Lake in the Town of Hector.

The Oahu luxury single-family home market experienced a major boost in activity in March, including the highest sale in Oahu’s history on Kahala Ave.

According to the Realtor.com Market Hotness Index for February 2025, the Northeast and Midwest U.S. were home to all of the hottest home markets in the country. 

Location is top of mind for many luxury home buyers in 2025, from relocation to second home purchases.

February was a slow month for Oahu luxury real estate, according to recent statistics provided by LuxuryHomes Affiliate, Caron B Davis.

With an annual appreciation of 18%, property values throughout the American ski town of Telluride have doubled over the last 5 years, with some properties even exceeding that growth, according to Telluride Properties Q4 2024 Activity Report.

The Oahu luxury home market started off the year with a slight drop in sales compared to December, according to recent statistics provided by LuxuryHomes Affiliate, Caron B Davis.

TAHOE CITY, Calif. (Feb. 3, 2025) — A landmark Lake Tahoe estate has sold for $27.5 million, setting a new record for lakefront sales on the California side since May 2022. This sale marks a strong start for the 2025 luxury real estate market in Tahoe.

In 2024, the Lake Tahoe real estate market demonstrated remarkable resilience and growth despite broader economic uncertainties, rising interest rates, and market corrections seen in other regions.

South Mississauga Real Estate ended Q4 2024 with steady growth in property values and sales, according to a market update from LuxuryHomes Affiliate, The Papousek Team, with RE/MAX Realty Enterprises Inc., Brokerage.

The Oahu luxury real estate market ended the year with a little more activity among luxury homes and a surge in median price of luxury condos. 

Luxury home prices are expected to increase throughout 2025 faster than their non-luxury counterparts for the first time in years, according to various housing predictions for 2025.

In the latest reports, the average home sale price in Naples has increased by 2.7% year-over-year.

Supply is on the rise in one of Canada’s largest cities, but not across all price ranges, according to the Calgary Real Estate Board (CREB).

Though home sales decreased slightly throughout Canada in 2024, the Canadian Real Estate Association (CREA) predicts home sale activity to increase in the second quarter of 2025.

With increasing housing inventory, stabilizing mortgage rates, and job market additions, home sales are expected to increase throughout the 2025 and 2026 real estate markets, according to NAR Chief Economist Lawrence Yun.