Redfin: Luxury Home Prices Spike Nearly 9 Percent To All-Time High
The typical U.S. luxury home sold for a record $1,180,000 in the second quarter of 2024
The typical U.S. luxury home sold for a record $1,180,000 in the second quarter of 2024
The median sales price reached $426,900—a new record high
Sacramento is among the top 10 with the fastest price growth compared to 2019 figures
The median U.S. sale price is up nearly 5 percent year-over-year
Just 47 percent of U.S. apartments that were completed in the fourth quarter were rented within three months
Good news for buyers: most experts agree mortgage rates should fall a bit by year's end
Existing-home sales slipped 0.7 percent in May to a seasonally adjusted annual rate of 4.11 million
Compared to April 2024, applications increased by 1 percent
The median U.S. home sale price hit a record high in May at $439,716
The typical home in areas with LGBTQ+ housing protections costs $492,290, compared with $357,010 for homes in areas without protections
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