April Luxury Market Report 2025

Welcome to this month's Luxury Market Report by Carl Johnson Real Estate, curated in collaboration with The Institute for Luxury Home Marketing, offers a comprehensive analysis of the luxury real estate landscape across North America. This monthly publication delves into current trends, pricing dynamics, and emerging opportunities within the upscale residential markets of both the United States and Canada. 

The single-family home scene came roaring back, with sales climbing 7.3% over March 2024 and skyrocketing 39.9% from February 2025. This exciting boost shows buyers are back in action and the market’s shaking off last month’s slower vibe in a big way. Condos and townhomes joined the upward swing, showing strong growth across the board. Inventory jumped 28.4% year-over-year, with new listings close behind at 25.7%. Month-over-month, things kept moving—total inventory grew by 8.5%, while new listings climbed 14.8%, signaling growing seller confidence and more options for buyers.​

Overall, the luxury market is picking up serious momentum. With single-family homes leading the charge and condos and townhomes following suit, both buyer activity and inventory are on the rise. Year-over-year and month-over-month gains across the board suggest renewed confidence from both buyers and sellers. As we move deeper into spring, all signs point to a vibrant and competitive season ahead in the luxury real estate space.

CLICK HERE to view this month's latest Greater Triangle Market Report.