Luxury Real Estate Archives - Page 5 of 11

March 16, 2023

Global luxury real estate trends for 2023: castles in Italy, golden visas in Dubai & more

World-wide real estate brokerage franchise community Berkshire Hathaway HomeServices released its initially report on luxurious serious estate tendencies nations around the world in Europe and Asia.

Brokerage leaders dependent in Greece, Italy, Spain, Portugal, the United Kingdom, India and United Arab Emirates delivered insights on the tendencies shaping these markets in 2023.

Listed here are some of the highlights:

Golden Investor visas spur flight to European authentic estate

The Greek govt announced in 2022 that the least expenditure to receive a visa doubled to 500,000 Euros in well known locations these types of as Athens, Mykonos and Santorini.

Greek citizens are getting priced out of the market place, in portion since overseas investments inflating price ranges, which is also impacting the trip rental market. Thanks to the expanding desire, Kyriakos Xydis, controlling lover of BHHS Athens Qualities, claimed website visitors to schedule their getaway rental properties a least of 6 to 9 months in advance.

In the meantime, BHHS entered Italy in 2019, serving clientele in Milan and very last year, expanded into the state by getting into the funds town of Rome.

Handling lover and place of work supervisor Marcus Benussi of BHHS MAGGI Attributes Agency mentioned this is a good time for overseas buyers to commit in Italy and its coastal properties. Not only is the governing administration incentivizing overseas buyers but generational adjustments are also placing legacy qualities like castles on the current market.

The increase in such qualities is due in part due to the fact the younger era is keeping away from generational true estate that is normally challenging and costly to preserve. They want to hire smaller qualities that are extra workable, in accordance to the report.

“We have additional castles out there, or other unique qualities, than apartments in Milan ideal now,” Benussi stated. Most incentives are geared toward newcomers at the instant, he included.

In Portugal, there’s renewed fascination in the country’s real estate given that new regulations for the golden visa program went into influence in January 2022.

Whilst investments in residential genuine estate in substantial-density places were restricted, abroad purchasers can however acquire commercial homes in those people areas, as properly as household properties in reduced-density regions.

“Portugal’s Golden Visa demands may possibly have changed not too long ago, but that is not slowing fascination from traders and the demand for home in Portugal by foreigners is greater than ever,” the report said.

Cesar Santos, CEO of BHHS Atlantic Portugal, suggests purchasers have been fascinated in locations like Lisbon, Alentejo, and Comporta in the past ten years, shifting their aim from well-known destinations like The Algarve that were being in desire 20 to 30 many years ago. Towns like Porto and Aveiro are also obtaining high demand from customers.

Spain is a further hotspot in Europe at the moment, with25{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96} of all true estate potential buyers in the country from other nations around the world, the report mentioned.

Spain also provides the golden visa software, allowing foreigners to invest in authentic estate. Spanish banking companies are also properly-versed in supplying home loans to international consumers, with bank loan values up to 60{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96} and a processing time of up to 20 times. Even so, there is a dearth of inventory of luxury qualities, a trend that begun in the course of the pandemic.

In current yrs, London saw an exodus of ‘lifestyle buyers’ but then a reversal of the craze as those people who moved out faced difficulties dwelling out in the place. It also disadvantaged them as they had to count on “oversubscribed coach services” as places of work opened up and demanded in-particular person conferences.

The media at the time termed it a “mass departure,” but it was in fact a tiny inhabitants who still left the city for the duration of the pandemic, reported Cliff Gardiner, head of income at Berkshire Hathaway London Kay & Co. and BHHS Marler and Marler.

This led to a hike in price ranges in areas that ordinarily experienced not witnessed these types of spikes in the previous. Gardiner said a large amount of reassurance goes into convincing potential buyers as the house market picks up in London that they will not see further value falls through this “flat financial cycle and period of time of relatively superior inflation.” Gardiner suggests it is a appropriate time to trade up in assets when costs are flat and the market is “relatively quiet.”

“The prospective buyers are out there,” he explained in the report. “We’re just functioning a good deal more challenging than in earlier years to get transactions more than the line.” He also expects a beneficial economic cycle to ensue as 2023 progresses.

What can make Asia worthwhile to foreign consumers?

According to the report, potential buyers are eyeing professional financial commitment in India, concentrating on infrastructure advancement, enhancement in logistics, an growing tech market, and a speedy-expanding economic climate.

Sanya Aeren, main advisor, internet marketing and communications at the department, says she has noticed an enhance in foreigners attaining authentic estate on the subcontinent.

“This is India’s story. There is so a lot function to be carried out, but this is the upcoming frontier,” extra Shrey Aeren, the operator of BHHS outpost Orenda India.

In the Center East, Dubai is a a well-known tourism spot and a coveted area for expats and 2nd-property customers.

“Not a 7 days goes by without having a U.S. Realtor viewing Dubai, calling and asking for extra information on Dubai true estate,” explained Phil Sheridan, CEO of BHHS Gulf Qualities, who states tax pros is a single of the most coveted incentives in the UAE.

To utilize for an trader visa in Dubai, just one has to commit $200,000, Sheridan described. A $540,000 expenditure can most likely safe the visa, after which the investor can remain and perform in Dubai devoid of needing an employer to sponsor them.

Synthetic islands archipelago Palm Jumeirah is a preferred spot, the Sheridan suggests, which attracts significant web-value persons and has pushed up property prices in the last 12 months.

BHHS at the moment operates in four continents and 12 nations around the world, with much more than 50,000 real estate professionals and just about 1,600 places of work, symbolizing a lot more than $154.7 billion in genuine estate revenue quantity.

March 15, 2023

Scott Wolstein’s former estate sells for more than $10.4 million

In some conditions, for case in point, prospective buyers will assign a portion of what they paid to furnishings and other removable products, recognized as chattel, in an endeavor to reduce the taxable worth of the home.

A deed submitted in Cuyahoga County shows a $6 million price assigned to Wolstein’s previous mansion and component of the grounds. But the settlement statement, a a lot more detailed doc hooked up to a conveyance form, also mentions far more than $4.4 million in funds from the Geauga County assets sale.

Geauga County records, in the meantime, do not listing a selling price. That transfer seems to be an entity sale, in which the customer acquired a new confined liability corporation that held the land rather of acquiring the house outright.

The sale nonetheless does not surface in regional listing-services data.

“I am thrilled it sold,” explained David Ayers, a luxury professional with the Younger Group at Keller Williams Better Metropolitan in Moreland Hills. “I hope it really is an close user who’s going to get pleasure from the property. I like Hunting Valley, and what is terrific for one luxury transaction or significant-stop transaction in Northeast Ohio is very good for all of them. And we want to see far more of these types of transactions.”

Cantrall, who has a $10 million waterfront listing in Bay Village, echoed that sentiment. The Ravencrest sale caps a the latest operate of noteworthy buys in the area, including a lakefront mansion in Lakewood that commanded $7 million in September and a Looking Valley estate that marketed for close to $5.4 million in October to Cleveland Browns quarterback Deshaun Watson.

Listings are scarce, driving fierce opposition for significant-high quality houses. Meanwhile, buyers are awash in income — at a level that Cantrall, who has been in the organization for 4 decades, has in no way viewed.

“This is the gilded age,” he explained. “And any one that says anything at all unique is out of their minds.”

Ravencrest, concluded in 2009, took about 5 several years to create.

The mansion contains 6 bedrooms, 10 complete bogs, five fifty percent-loos and countless areas for entertaining. There is certainly a movie theater. A wine-tasting area. A nightclub. And rooms devoted to game titles, reward-wrapping, crafts and the Wolstein family’s canine companions.

Inside, the conditioning services span a basketball court docket, a total health club, a lap pool and a rock-climbing wall. Outdoors, the grounds feature two carriage residences, an infinity pool, a cabana, tennis courts and going for walks trails.

Overlooking the Chagrin River valley off County Line Road, the estate is surrounded by trees and separated from its neighbors by a winding, personal driveway.

“It was a home that was designed by somebody that was in true estate, loved true estate and truly set out to construct the top home in Northeast Ohio. … And I assume he attained it,” Kaufman claimed. “Scott was a visionary, and the home really, truly was the most remarkable house on the most amazing piece of home.”

Wolstein was the co-founder and former CEO of Developers Diversified Realty Corp., the Beachwood-primarily based retail authentic estate financial investment have confidence in now known as Web site Centers Corp. A sturdy believer in Cleveland, he also was the principal developer of the Flats East Financial institution riverfront venture downtown.

He acquired the Looking Valley house in 2004, records display. The next year, he entered a conservation easement arrangement with the Western Reserve Land Conservancy. That agreement, a long-lasting preservation device, prohibits most of the land from currently being designed.

Initially, however, Wolstein and the conservancy reserved 4 websites in Geauga County, along County Line Road, for additional single-spouse and children households. These parcels were being for his children, or lineal descendants. When Wolstein died, at age 69, these websites had not been touched.

In early March, Harrison Wolstein and the conservancy amended that arrangement as part of the groundwork for the sale. Now there are only two upcoming household web-sites — parcels that are no longer restricted to use by Wolstein’s heirs. The get-togethers also eradicated the family’s appropriate to construct a barn on yet another part of the house.

Bruce Mavec, Searching Valley’s mayor, said the village has not received any information about probable improvement on the land. And he has not heard anything about the buyer’s plans. He’s surely intrigued, while, both as a government official and a following-doorway neighbor.

“I was mindful there was a sale pending,” Mavec stated. “I have not been created privy to the quantities or particular facts at all.”

March 14, 2023

Coldwell Banker Global Luxury’s “The Report” Identifies the 2023 Trends and Opportunity Markets Impacting Global Luxury Real Estate

From resettling expectations to second home mainstays and buying overseas, the annual real estate outlook highlights the global wealth influence on U.S. real estate and more

MADISON, N.J., March 13, 2023 /PRNewswire/ — Coldwell Banker Real Estate LLC, an Anywhere^SM (NYSE: HOUS) brand, and the Coldwell Banker Global Luxury^® program today released “The Report: 2023 Global Luxury Market Insights,” an in-depth analysis of worldwide luxury real estate market trends.

The Report reveals the most advantageous areas in the United States prime for purchasing luxury real estate, the most popular cities for secondary luxury home ownership, luxury agent perspectives on pricing trends, the influence of the global community on U.S. real estate and the trends driving luxury consumers, both domestically and internationally.

QUOTES:
“The Report sheds light on the micro-level factors that are currently impacting the state of the luxury real estate market. As we’ve seen over the past three years, the core definition of luxury has swiftly changed; ultra-high-net-worth individuals are a driving influence in the market, with this demographic leading the way in luxury home buying. With their well-diversified investment portfolios and assets, this ultra-wealthy consumer will have staying power in the real estate market today and in the years to come.”

– Liz Gehringer, president of Coldwell Banker Affiliate Business and chief operating officer, Coldwell Banker Real Estate LLC

“The intrinsic value on purchasing real estate has never been higher as wealthy buyers are fueled by lifestyle changes, and opportunity in this current market environment. While there could be more discretionary buying this year, we still anticipate a higher volume of international buyers, growing influence among younger millionaires and the continued appetite for secondary homes to be market drivers in the 2023 luxury landscape, based on our discoveries in the Report.”

– Michael Altneu, vice president, Coldwell Banker Global Luxury

Key findings featured in The Report:
The Opportunity Index
The Opportunity Index evaluates and ranks 125 U.S. markets based on buyer and seller opportunities. The Index uncovers the locations that could present the most exciting buying and selling possibilities this spring by looking at supply, demand, inventory levels and pricing, and how each of these areas favors the buyer or the seller.

The markets most likely to be the friendliest for buyers:

Marco Island, Fla.
Palm Beach, Fla.
Summit County, Colo.
Miami, Fla.
Lake Tahoe, Nev.

The markets most likely to be the friendliest for sellers:

St. Louis, Mo.
Hamilton County, Ind.
Richmond, Va.
Johnson County, Kan.
Raleigh-Durham, N.C.

Global Luxury Agent Market Perspective
Coldwell Banker Global Luxury Property Specialists polled in a special Agent Vision Survey remain upbeat about the current luxury outlook as wealthy consumers continue to flex their spending power, prioritizing financial stability, long-term wealth growth, family, health and wellness.

More than half of the Global Luxury Property Specialists surveyed expect 2023 luxury home prices to remain flat or up slightly from 2022. Over half anticipate demand to remain consistent throughout 2023, while nearly 30{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96} believe demand could be stronger by the end of the year. Global Luxury Property Specialists transact in the top 10{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96} of their respective markets.

Multiple Homes Are Mainstays for Americans in the U.S. and Abroad
The percentage of U.S.-based individuals with a net worth of $5 million or more who own two or more properties grew from 70{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96} in 2021 to 79{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96} in 2022, per Wealth-X. Data from Coldwell Banker’s fall 2022 Trend Report backs this claim: 72{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96} of wealthy buyers noted that their future home purchase would be a second residence, vacation home or rental property.

Gen-X and millennials are leading the way with their desire to own multiple homes, seeking out hybrid properties as part-time getaways and rentals as part of their wealth building strategy. The top five U.S. metropolitan areas driving secondary-home ownership among individuals with a net worth of $5 million or more, per Wealth-X are:

New York City
Silicon Valley
San Francisco
Los Angeles
Chicago

Wealthy U.S. individuals are not just looking domestically for properties either; the propensity to own a home abroad is on the rise thanks to the strength of the U.S. dollar and rising costs of U.S. living. According to Wealth-X, more than 64,000 overseas properties in 2022 were owned by U.S. consumers with $5 million or more in net worth, up 20{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96} from 2021 and 115{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96} over 2020. In Coldwell Banker’s new international survey, conducted by Censuswide, 91{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96} of affluent Americans said they are most likely to own a home overseas.

Europe is a big draw for Americans, but emerging markets like Central America and Asia, particularly with younger affluent individuals, are increasingly popular locations.

Global Real Estate Influence
According to Credit Suisse, the number of global millionaires is at its highest point in history. By 2026, it is estimated that the number of millionaires worldwide will surge by 40{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}, and one in seven adults will have a net worth of at least $1 million.

Major U.S. markets and traditional centers of wealth, like New York and Los Angeles, continue to be a major draw globally for affluent international buyers. Findings from the Coldwell Banker international survey also found that affluent buyers desire to live in locations that are architecturally and culturally diverse, like Chicago, and luxurious resort towns like Aspen.

New York is still the number one city globally for high-net-worth primary residents and secondary homeowners. Cities in Asia regained position in the top global cities with primary and secondary homeowners as borders reopened, with Singapore, Beijing and Guangzhou ranking in the top 10, according to Wealth-X.

Increased desire for travel, investment opportunities, growing popularity for dual citizenship / “Golden Visas,” and favorable tax laws are major factors that are driving the global affluent population to look abroad for their next home purchase.

“The List” – What Trends Are Driving the Luxury U.S. Consumer?
Property location, home condition and amenities are the highest priorities for the affluent when looking to purchase primary and secondary residences, according to Coldwell Banker Global Luxury Property Specialists.

Global Luxury Property Specialists also find that a home with breathtaking views, quality of construction materials and privacy are the top three qualities that their clients look for when defining their dream home.

A have-it-all mentality could become a larger consideration in the high-end residential market this year as buyers flex their leverage and become more selective. Home design and style trends are also influencing factors; Global Luxury Property Specialists noted that open floor plans, bespoke architectural elements and neutral color palettes will have staying power among wealthy individuals.

Tech-friendly homes are also top-of-mind for affluent buyers, with home automation systems, energy efficient appliances and electric vehicle charging stations ranking as the top three most valuable tech amenities.

About The Report
Compiled from Coldwell Banker Global Luxury Property Specialists’ agent vision survey, data from the Institute for Luxury Home Marketing, Wealth-X, Credit Suisse and other third-party sources, The Report provides a comprehensive look at the opportunity markets for both buyers and sellers, multiple-homeownership in the U.S. and abroad and the influence of global real estate footprints. For the agent vision survey, over 600 Coldwell Banker Global Luxury Property Specialists shared their insight on the luxury market conditions, desired home preferences and values influencing high-net-worth homebuyers and sellers. From these insights also includes ‘The List,” highlighting the top trends driving the affluent consumer in 2023.

Methodology
The Coldwell Banker Global Luxury^® program collaborated with the Institute for Luxury Home Marketing, Wealth-X and other third-party sources to analyze the data for the top 10{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96} of 125 U.S. luxury metros. The data for this report is based on closed and recorded sides of homes sold during 2019, 2020, 2021 and 2022. The statistical information has been calculated using closed sales activity reported over a 48-month period from January 1, 2019 to December 31, 2022, as gathered from multiple sources including but not limited to various Multiple Listing Services, the Institute for Luxury Home Marketing, Coldwell Banker Real Estate, LLC, Coldwell Banker Independent Sales Associates, Brokers, Brokerages or Affiliates. Data is deemed reliable but not guaranteed for accuracy as it may not reflect all the real estate activity in the area.

The Opportunity Index: To determine the score for each type of opportunity, rankings are based on sales ratio for the last four months of 2022, sold price/list price{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96} ratio (SP/LP{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}) for the last four months of 2022 and inventory growth over the last four months of 2022 compared to the first eight months of 2022.The ranking for buyer and seller opportunities provided a score where the ceiling is 100. For sellers, scores were awarded for opportunity where the market shows that it still favors the seller as demand is higher than supply, and sold prices are at or close to asking. Also analyzed was whether there had been an increase in inventory, allowing sellers to purchase a new home. For buyers, scores were awarded for opportunity where the market shows that it favors buyers with higher supply than demand and sold prices are 5{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96} to 10{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96} below asking. Additionally, markets were evaluated based on significant increases in inventory, giving buyers more listings to choose from. For more information, please refer to the full methodology on pages 110 -111 of The Report.

About Coldwell Banker Global Luxury^®The Coldwell Banker Global Luxury^® program legacy traces its roots to 1933 and has been a world leader in luxury real estate since. Coldwell Banker Global Luxury Property Specialists are an exclusive group within the Coldwell Banker^® system, making up under ten percent of independent sales associates affiliated with the brand worldwide. Coldwell Banker affiliated agents conducted 48,444 transaction sides of homes priced at $1 million or more in 2022. This equates to $288 million in daily luxury sales with an average sales price of $2.2 million in this category.* Coldwell Banker, the Coldwell Banker logo, Coldwell Banker Global Luxury and the Coldwell Banker Global Luxury logo are registered marks owned by Coldwell Banker Real Estate LLC. Each franchise is independently owned and operated.

*Data based on closed and recorded buyer and/or seller transaction sides of homes sold for $1 million or more as reported by affiliates of the U.S. Coldwell Banker franchise system for the calendar year of 2022. USD$.

Media Inquiries:
Athena Snow	Jackie Hart
Coldwell Banker Real Estate LLC	G&S for Coldwell Banker Real Estate LLC
973.407.5590	845.505.7881
[email protected]	[email protected]

SOURCE Coldwell Banker Global Luxury

March 12, 2023

Luxury-Home Sales Sink Record 45{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96} to Near-Record Low

That outpaces the record 37{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96} decline in sales of non luxury homes. The supply of luxury homes for sale is also near historic lows.

Sales of luxury U.S. homes declined a record 44.6{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96} year over year to the second lowest level on record during the three months ending Jan. 31, 2023. That outpaced the record 37.5{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96} drop in sales of non-luxury homes. Redfin’s records date back to 2012.

This is according to an analysis that divided all U.S. residential properties into tiers based on Redfin Estimates of the homes’ market values as of Feb. 25, 2023. This report defines luxury homes as those estimated to be in the top 5{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96} based on market value, and non luxury homes as those estimated to be in the 35th-65th percentile based on market value.

The housing market has cooled significantly over the last year due to elevated mortgage rates, persistently high home prices, ongoing inflation and a shaky economy, but the luxury market has fallen relatively quickly because:

People tend to purchase fewer expensive goods during times of economic uncertainty.
Luxury home sales grew faster than non luxury sales during the pandemic, so they now have more room to fall (see chart above).
A higher mortgage rate makes homebuying more expensive for nearly everyone, but it can add tens of thousands of dollars to the price tag on a luxury home, giving high-end buyers sticker shock.
Wealthy homebuyers often have a lot of money in the stock market, which had a turbulent start to 2023 following its worst year since 2008.
Many wealthy Americans are choosing to invest in assets other than real estate because elevated mortgage rates and softening housing prices have cast a shadow over prospective real estate returns.

“Uncertainty is the main factor driving the luxury-market slowdown in Los Angeles,” said Alin Glogovicean, a local Redfin Premier real estate agent. “If you’re investing millions in a property, you want to make sure it will hold its value. Most luxury buyers and sellers are thinking, ‘Let’s just wait and see what happens to the market. When it stabilizes, we’ll be ready to go.’ Everyone is kind of at a standstill.”

The drop in high-end home sales was led by expensive markets on the East Coast and in California. In Miami, luxury-home sales slumped 68.7{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96} year over year during the three months ending Jan. 31, the largest decline among the most populous U.S. metropolitan areas. Next came Nassau County-Suffolk County, NY (-62.6{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}). Three California metros rounded out the top five: Riverside (-59.8{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}), Anaheim (-59.3{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}) and San Jose (-59{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}). These markets are likely seeing high-end buyers back off because they were already among the least affordable in the nation, and rising rates added fuel to the fire. These markets also saw outsized surges in luxury sales during the pandemic, so luxury purchases are also likely coming down from unsustainable levels.

“The silver lining for the luxury buyers who are still in the market is that competition is sparse and jumbo loans now often have lower mortgage rates than other loan types, in part because there’s less risk that high-end buyers will default on their mortgages,” said Redfin Economics Research Lead Chen Zhao. “Wealthy house hunters are also frequently offered additional rate discounts from their banks as a perk for storing substantial funds there.”

Zhao continued: “Luxury homebuyers should still shop around for the best mortgage rate possible. Research shows that when rates are high, so is the variance in rates between lenders. That’s why it’s smart to request quotes from several lenders and then ask your favorite lender to match the lowest rate.”

Luxury-Home Prices Remain Near Their Peak

The median sale price of luxury homes rose 9{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96} year over year to $1.09 million during the three months ending Jan. 31. While that’s roughly half the year-over-year gain of a year earlier, luxury prices remain near the all-time high of $1.1 million reached in spring 2022.

The median sale price of non luxury homes increased 6.3{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96} year over year to $319,000, roughly one-third of the gain of a year earlier.

While the housing market has slowed significantly, home prices have been propped up by a lack of supply.

Luxury-Housing Supply Is Just Shy of Its All-Time Low

The number of luxury homes for sale rose 7.1{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96} year over year during the three months ending Jan. 31, the biggest jump since 2015. The sizable year-over-year increase is largely due to the fact that supply hit rock bottom roughly a year earlier; supply is also piling up because so few people are buying homes.

But supply remains tight by historical standards. The number of luxury homes for sale was not much higher than the record low hit about a year ago.

The number of non luxury homes for sale fell 5.5{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96} year over year during the three months ending Jan. 31, but the story is similar to that in the luxury market: There’s a supply shortage. The number of non luxury homes was at the lowest level on record.

Supply remains near historic lows in part because fewer people are putting their homes on the market. With mortgage rates on the rise, many homeowners are hesitant to sell because they don’t want to give up their relatively low rate.

New listings of luxury homes fell 6.6{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96} year over year. New listings of non luxury homes slumped 22.5{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}, the second biggest drop on record.

Metro-Level Highlights: Three Months Ending Jan. 31, 2023

Redfin’s metro-level data includes the 50 most populous U.S. metropolitan areas, with the exception of Cincinnati, Detroit, San Antonio and Warren, MI, which we excluded as we investigate the data to ensure accuracy. Scroll down to the table below to find data on your metro.

Home sales: Luxury home sales fell in every metro. The biggest declines were in Miami (-68.7{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96} YoY), Nassau County-Suffolk County (-62.6{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}), Riverside (-59.8{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}), Anaheim (-59.3{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}) and San Jose (-59{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}). The smallest decreases were in Kansas City, MO (-23.4{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}), Cleveland (-24.4{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}), Pittsburgh (-29.8{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}), St. Louis (-30.9{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}) and Dallas (-31.6{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}).
Supply: Active listings of luxury homes rose in 25 metros, with the biggest increases in Austin, TX (62.6{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96} YoY), Denver (50.8{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}), Nashville, TN (40.3{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}), Seattle (38.6{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}) and Atlanta (36.4{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}). The largest declines were in Anaheim (-21.4{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}), San Jose (-18.5{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}), St. Louis (-13.5{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}), Miami (-13.1{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}) and San Diego (-12.9{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}).
New listings: New listings of luxury homes fell in 37 metros. The biggest declines were in Chicago (-40.4{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96} YoY), Anaheim (-38.1{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}), Oakland, CA (-36.9{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}), San Jose (-35.9{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}) and San Diego (-32.2{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}). The largest gains were in Austin (36{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}), Atlanta (16.9{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}), Denver (15.3{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}), West Palm Beach, FL (14.8{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}) and Nashville (11{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}).
Prices: The median sale price of luxury homes fell in just four metros: San Jose (-10.7{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96} YoY), San Francisco (-4.6{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}), Oakland (-3.2{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}) and Sacramento, CA (-1.6{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}). The biggest jumps were in Jacksonville, FL (23.1{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}), Orlando, FL (20{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}), Tampa, FL (18.2{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}), Miami (17.3{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}) and Atlanta (16.8{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}).

Luxury Housing Market Summary by Metro Area: Three Months Ending Jan. 31, 2023

U.S. Metro Area	Homes Sold, YoY Change	Active Listings, YoY Change	New Listings, YoY Change	Median Sale Price	Median Sale Price, YoY Change	Median Days On Market
Anaheim, CA	-59.3{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-21.4{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-38.1{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$3,800,000	9.2{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	75
Atlanta, GA	-56.3{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	36.4{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	16.9{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$1,150,000	16.8{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	52
Austin, TX	-51.4{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	62.6{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	36.0{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$1,950,000	11.4{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	66
Baltimore, MD	-43.0{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-4.0{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-7.5{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$1,040,000	6.1{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	50
Boston, MA	-36.0{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	14.2{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-6.3{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$2,200,000	4.8{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	41
Charlotte, NC	-45.2{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-11.1{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-17.5{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$1,210,500	15.0{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	61
Chicago, IL	-43.9{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-11.8{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-40.4{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$1,070,000	6.1{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	84
Cleveland, OH	-24.4{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-12.5{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-17.9{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$663,400	3.2{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	33
Columbus, OH	-33.5{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-7.4{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-14.7{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$780,800	8.3{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	44
Dallas, TX	-31.6{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	26.1{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-2.9{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$1,300,000	8.3{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	44
Denver, CO	-41.6{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	50.8{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	15.3{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$1,600,000	6.7{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	32
Fort Lauderdale, FL	-53.4{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-4.6{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-17.3{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$1,595,000	16.0{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	76
Fort Worth, TX	-36.0{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	11.4{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-16.9{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$1,000,000	8.1{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	64
Houston, TX	-46.4{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	0.5{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-12.2{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$1,100,000	14.4{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	41
Indianapolis, IN	-33.2{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	11.7{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	7.6{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$785,000	9.0{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	26
Jacksonville, FL	-43.5{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	12.2{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	0.0{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$1,292,500	23.1{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	53
Kansas City, MO	-23.4{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	1.1{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-18.5{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$824,600	8.2{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	33
Las Vegas, NV	-55.6{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	6.0{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-26.8{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$1,175,000	11.9{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	84
Los Angeles, CA	-55.5{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-9.7{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-11.0{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$3,622,500	10.6{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	64
Miami, FL	-68.7{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-13.1{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-18.4{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$2,845,000	17.3{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	119
Milwaukee, WI	-36.0{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-8.1{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-7.0{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$847,500	9.5{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	69
Minneapolis, MN	-34.6{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	2.1{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-29.1{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$944,600	6.1{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	39
Montgomery County, PA	-36.2{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-2.1{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	3.6{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$1,220,400	12.5{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	48
Nashville, TN	-31.9{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	40.3{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	11.0{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$1,562,700	9.7{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	74
Nassau County-Suffolk County, NY	-62.6{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-2.7{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-16.4{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$2,475,000	3.1{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	86
New Brunswick, NJ	-44.6{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	3.8{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-12.6{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$1,690,000	12.7{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	89
New York, NY	-44.4{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-5.8{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-18.7{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$3,625,000	10.0{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	82
Newark, NJ	-42.5{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	8.0{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-5.0{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$1,480,000	7.6{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	26
Oakland, CA	-55.5{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-5.3{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-36.9{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$2,580,000	-3.2{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	21
Orlando, FL	-47.2{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	8.1{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-11.4{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$1,050,000	20.0{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	33
Philadelphia, PA	-49.7{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	0.0{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-8.1{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$1,008,500	15.3{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	44
Phoenix, AZ	-50.9{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	11.9{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-12.5{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$1,590,900	11.6{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	64
Pittsburgh, PA	-29.8{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-4.9{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-6.8{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$725,000	7.4{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	64
Portland, OR	-48.8{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	10.4{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-11.3{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$1,280,000	2.4{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	43
Providence, RI	-42.1{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-10.7{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-22.7{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$1,287,500	9.6{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	43
Riverside, CA	-59.8{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-6.1{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-24.0{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$1,395,000	11.6{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	63
Sacramento, CA	-55.2{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	5.7{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-29.5{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$1,400,000	-1.6{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	65
San Diego, CA	-58.5{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-12.9{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-32.2{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$3,187,500	12.0{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	43
San Francisco, CA	-54.9{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	9.3{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	1.4{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$4,700,000	-4.6{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	35
San Jose, CA	-59.0{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-18.5{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-35.9{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$4,005,000	-10.7{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	49
Seattle, WA	-50.5{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	38.6{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-20.7{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$2,550,000	2.0{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	34
St. Louis, MO	-30.9{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-13.5{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-15.3{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$775,000	3.3{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	30
Tampa, FL	-41.8{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	20.4{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-3.7{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$1,300,000	18.2{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	24
Virginia Beach, VA	-47.1{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-2.3{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-5.5{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$970,000	13.8{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	39
Washington, D.C.	-47.2{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-9.0{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-22.8{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$1,610,000	5.6{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	43
West Palm Beach, FL	-51.6{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	19.0{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	14.8{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$2,700,000	14.9{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	69
National—U.S.A.	-44.6{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	7.1{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-6.6{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$1,088,900	9.0{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	54

Non Luxury Housing Market Summary by Metro Area: Three Months Ending Jan. 31, 2023

U.S. Metro Area	Homes Sold, YoY Change	Active Listings, YoY Change	New Listings, YoY Change	Median Sale Price	Median Sale Price, YoY Change	Median Days On Market
Anaheim, CA	-42.7{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-4.3{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-30.0{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$927,000	4.2{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	47
Atlanta, GA	-47.0{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	20.8{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-11.6{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$350,000	9.7{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	42
Austin, TX	-34.9{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	5.8{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-32.6{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$477,000	2.3{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	70
Baltimore, MD	-39.8{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-26.8{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-30.7{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$325,000	3.2{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	29
Boston, MA	-32.6{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-17.1{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-26.7{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$625,000	4.2{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	26
Charlotte, NC	-44.3{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	5.1{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-21.7{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$347,000	11.9{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	51
Chicago, IL	-38.4{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-3.3{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-31.4{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$277,500	4.7{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	63
Cleveland, OH	-32.7{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-18.6{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-20.6{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$180,000	5.3{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	30
Columbus, OH	-30.8{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-11.8{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-23.7{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$273,300	9.3{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	44
Dallas, TX	-30.2{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	13.7{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-14.5{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$380,000	8.6{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	45
Denver, CO	-38.8{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	31.2{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-8.7{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$545,000	2.8{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	36
Fort Lauderdale, FL	-40.3{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-9.2{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-16.6{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$380,000	15.2{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	51
Fort Worth, TX	-31.8{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	29.5{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-2.9{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$320,000	6.7{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	42
Houston, TX	-29.6{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	6.2{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-21.5{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$295,800	7.6{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	41
Indianapolis, IN	-32.4{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	0.7{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-22.1{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$245,600	6.8{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	19
Jacksonville, FL	-47.6{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	5.6{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-28.8{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$345,000	12.4{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	54
Kansas City, MO	-32.8{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-15.4{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-28.3{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$255,000	5.4{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	26
Las Vegas, NV	-56.2{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	2.2{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-43.1{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$385,000	1.3{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	64
Los Angeles, CA	-46.0{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-14.9{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-38.9{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$765,000	0.4{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	51
Miami, FL	-43.9{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-11.6{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-25.0{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$448,500	19.6{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	59
Milwaukee, WI	-33.4{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-32.6{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-27.3{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$257,500	6.4{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	44
Minneapolis, MN	-39.2{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-8.5{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-29.2{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$335,000	1.6{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	34
Montgomery County, PA	-34.3{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-21.3{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-31.3{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$420,000	7.7{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	24
Nashville, TN	-44.3{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	14.9{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-19.3{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$418,200	13.0{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	56
Nassau County-Suffolk County, NY	-45.7{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-21.0{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-33.3{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$597,800	5.8{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	36
New Brunswick, NJ	-37.4{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-13.8{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-24.8{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$469,000	11.7{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	48
New York, NY	-38.2{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-12.3{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-22.9{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$690,000	6.3{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	61
Newark, NJ	-34.6{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-13.6{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-18.0{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$465,000	10.7{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	36
Oakland, CA	-42.1{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-4.6{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-32.1{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$875,000	-2.8{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	31
Orlando, FL	-40.3{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	6.7{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-25.4{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$367,000	12.9{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	36
Philadelphia, PA	-52.5{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-15.4{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-28.8{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$219,000	6.8{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	43
Phoenix, AZ	-52.5{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-3.2{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-42.5{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$420,000	0.9{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	64
Pittsburgh, PA	-31.1{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-19.6{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-24.4{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$180,000	2.9{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	58
Portland, OR	-43.8{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-16.1{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-40.3{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$520,900	3.8{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	32
Providence, RI	-37.0{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-26.0{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-29.5{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$405,000	9.3{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	29
Riverside, CA	-47.5{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-10.6{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-36.4{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$530,000	5.0{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	55
Sacramento, CA	-49.0{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-10.9{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-41.1{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$535,000	-1.8{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	43
San Diego, CA	-50.0{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-21.9{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-48.9{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$799,000	5.0{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	33
San Francisco, CA	-38.9{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-4.1{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-27.1{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$1,310,000	-8.1{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	38
San Jose, CA	-45.5{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-20.3{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-39.0{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$1,325,000	-4.0{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	25
Seattle, WA	-42.8{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	8.7{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-30.7{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$729,900	-0.7{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	32
St. Louis, MO	-32.5{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-16.7{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-19.0{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$212,000	7.6{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	25
Tampa, FL	-35.9{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	19.3{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-16.4{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$354,900	14.5{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	33
Virginia Beach, VA	-37.1{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-19.4{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-26.0{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$302,000	8.2{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	28
Washington, D.C.	-43.1{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-12.5{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-29.5{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$485,000	2.7{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	46
West Palm Beach, FL	-39.8{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	2.1{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-19.6{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$410,000	17.1{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	60
National—U.S.A.	-37.5{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-5.5{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	-22.5{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	$319,000	6.3{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96}	40

March 9, 2023

Miranda Kerr ‘shopping for luxury real estate on the Gold Coast’

Could Miranda Kerr be returning home? Aussie supermodel ‘is shopping for luxury properties on the Gold Coast’

Miranda Kerr’s dad John ‘perusing local market’
Inspecting homes around Gold Coast Hinterland
Prospective home said to be for Miranda and husband

By Amy Harris For Daily Mail Australia

Published: 17:30 EST, 7 March 2023 | Updated: 19:35 EST, 7 March 2023

Aussie supermodel turned skincare mogul Miranda Kerr could be looking to expand her real estate portfolio back home.

The Los Angeles-based, Kora Organics founder is said to be on the hunt for a ‘luxury trophy home’ according to real estate insiders on the Gold Coast who say Kerr’s father is busy inspecting mansions on his daughter’s behalf.

Kerr’s parents John and Therese Kerr are currently based in Brisbane.

However it’s understood John has been inspecting the Gold Coast luxury market in recent weeks and has taken a particular interest in a number of acreage estates located in the Gold Coast hinterland.

‘We believe John has been looking at homes for Miranda and her family to potentially purchase, either as a base in Australia or as a holiday retreat,’ a luxury listing agent, who specialises in high-end rural acreage, told Daily Mail Australia.

The Kora Organics founder (with husband Evan Spiegel) is said to be on the hunt for a ‘luxury trophy home’ according to real estate insiders

Aussie supermodel turned skincare mogul Miranda Kerr ‘looking to expand her real estate portfolio’

‘He has been shown through a number of the bigger, more spectacular homes in the past few weeks but as of yet no purchase has been made that we’re aware of.’

Both Miranda and her father have been contacted for comment.

Kerr and her Snap Inc. billionaire husband Evan Spiegel, along with their kids Myles and Hart Spiegel and Flynn Bloom, currently reside in Los Angeles full time but also keep a vineyard estate in the Australian Hunter Valley which they bought for $7.5million in 2020.

The cashed-up couple also own a $50million villa in Paris and a seaside vacation home in Malibu, and forked out one of the highest figures ever for a new Los Angeles compound in 2022 when they settled on a $145million property in swanky Holmsby Hills.

Kerr and her Snap Inc. billionaire husband currently reside in Los Angeles full time

A new home on the Gold Coast would cap something of a major real estate splurge for the pair who have been frequent visitors to Australia in recent months.

Kerr is set to return later this month when she appears as a guest speaker at the Forbes Australia Women’s Summit, ‘The Power of Now’, taking place on March 22 at the International Convention Centre inSydney.

Should Kerr dip her toe into the Gold Coast she would be in some famous company with a number of high-profile identities buying up in recent months.

Buddy and Jesinta Franklin most famously snapped up the iconic trophy home Villa Casa for $9million in late 2022.

Buddy and Jesinta Franklin recently bought a $9million trophy home on the Gold Coast

The Franklins’ new digs which they snapped up just days after it hit the market

Former radio host Alan Jones also dropped $12.25m recently on a Southport estate from automative millionaires Brett and Rebecca Frizelle while Sydney booze mogul Ross Jurisich – of Stone & Wood Brewing Company fame – paid $21.5m for a Mermaid Beach mansion.

Ex-Storm star and Kangaroos captain Cameron Smith and former soapie actress Holly Brisley have also recently relocated there.

March 8, 2023

St. Louis Breaks into Ultra-Luxury Real Estate Scene with Record $13,000,000 Home Sale; Jeff Lottmann of Compass Brought Buyer for the Record-Setting Transaction

St. Louis, MO — Compass, Inc. (NYSE: COMP), the most significant household genuine estate brokerage in the United States, announced that 1705 Woodlawn Avenue in St. Louis has sold for a history value of $13,000,000. Jeff Lottmann, a major-creating realtor with Compass St. Louis, brought the consumer for the 7.5-acre luxurious estate. The transaction closed February 28, 2023 the customer was not disclosed. Pictures are offered in this article courtesy of Square A person.

Developed in 2014, the French-inspired estate is in the coveted Huntleigh neighborhood of St. Louis. Capabilities of the 27,280-SF home include a two-story lobby, saloon, wine cellar, conservatory and luxury motor vehicle showroom. The house includes 5 bedrooms and six and a half bathrooms.

“We’re constantly thrilled to assist our clients uncover the excellent home and the Huntleigh household is genuinely an outstanding estate that elevates the in general luxurious attraction of St. Louis,” mentioned Lottmann, a mainstay of the St. Louis luxury homes industry considering that 2002. “Our purchasers be expecting our workforce to supply the greatest households on the marketplace and the sale of the Huntleigh property will take our market to new heights.”

The Jeff Lottmann Team joined Compass in 2022 and is led by Jeff Lottmann and son Chase Lottmann. Because proven in 2002, the group has developed to be regularly ranked amongst the major-producing groups in the St. Louis luxury serious estate industry and lately expanded into the Dallas-Fort Really worth market place.

“As the luxury real estate current market carries on to increase, we’re shifting quick to develop our enterprise to accommodate various marketplaces,” explained Lottmann. “Dallas-Fort Really worth was just regarded as a prime 10 sector for extremely-luxurious income volume in 2022 in the Compass Extremely-Luxury Report. We’re enthusiastic to cater to purchasers in Dallas-Fort Worthy of and St. Louis as need is sustained for luxury households in equally markets.”

Compass just lately unveiled the 2022 Ultra-Luxury Report which spotlighted a range of rising ultra-luxurious markets these types of as Dallas-Fort Value. In 2022, the Dallas-Fort Worth industry noticed an 83{61deb032f2f3cf43cd91e0a97f017aab274ddbb67b74a5b085bd003b9ac3cd96} increase in year-about-yr ultra-luxurious ($10M+) transaction sales quantity. The home sets the new conventional for extremely-luxurious in St. Louis.

“Compass is deeply involved with luxurious living and Jeff Lottmann shipped specifically that for his shopper,” reported Jason Pashia, Taking care of Director of Compass Missouri & Kansas. “We are enthusiastic to rejoice his achievements and this achievement which validates the new regular of extremely-luxurious living that St. Louis consumers now count on.”

Compass joined the St. Louis sector in the summer time of 2021. The St. Louis Compass Realty Group closed approximately $500M in gross sales volume and serviced over 1,000 purchasers in its 1st whole calendar yr and rated as a single of the Prime 5 Places of work in St. Louis in 2022. Compass is among the speediest increasing genuine estate firms in St. Louis with above 125 agents.