Luxury Market Shows Steady Confidence Nationwide
Luxury housing held balanced conditions in October as sales climbed, inventory grew and pricing stayed firm, signaling a stable market moving into late 2025.
NEW YORK — October's luxury housing market showed steady confidence and balanced conditions across the nation, according to the Institute for Luxury Home Marketing’s latest report.
The luxury sector remained neither overheated nor weakening based on sales rising year over year and month over month across both single-family and attached properties. Inventory continued to expand at a gradual pace, supporting more buyer choice while keeping the sales-to-list ratio near 98% and indicating firm pricing behavior.
In the single-family segment, sales increased 9.9% from a year earlier and 6.5% from the prior month, inventory rose 14.6% annually and median prices were essentially flat at 0.7% lower than last year. The attached luxury market posted its second consecutive month of sales gains. Analysts said easing interest rates brought more activity to the lower end of the segment, which lowered median prices by 7.35% year over year due to shifts in buyer mix rather than weakening demand.
The report noted that confidence, lifestyle preferences, supply and broader market sentiment continue to influence the pace of luxury activity, and overall conditions point toward a stable, sustainable market heading into late 2025.
Source: RISMedia (11/18/25)
© Copyright 2025 Smithbucklin