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If you thought the luxury real estate market might slow down heading into 2026… think again. The first quarter came in with more energy than expected, and high-end homes across North America are still turning heads, and closing deals. Buyers are out there, they’re serious, and when a property checks the right boxes, it’s moving. Single-family luxury homes saw a healthy bump, with sales up nearly 6% compared to last year, and here’s the eye-catcher, almost 40% higher than just the month before. That’s not just a seasonal lift, that’s real momentum. Attached luxury homes (think condos and townhomes) kept pace too, rising over 6% year-over-year and more than 30% from February. In short, demand didn’t just show up, it showed out. While buyers are staying active, sellers are being a bit more cautious. Inventory hasn’t grown much at all for single-family homes and has actually dipped for attached properties. Even though more listings started to pop up as we moved toward spring, they’re still trailing behind where they were this time last year. That hesitation could be tied to uncertainty in the market, but it’s also creating a bit of an opportunity. Less inventory + strong buyer demand = a shift back toward sellers having the upper hand.
After a stretch where things were leveling out, the market is starting to lean competitive again, especially for homes that are priced right and show well. So if you’re in the luxury space, whether buying or selling, timing and strategy matter more than ever right now. CLICK HERE to read this month's latest Crystal Coast Market Report.
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