March 2026 Luxury Market Report

Early 2026 shows a luxury real estate market that remains resilient, though growth has slowed compared to prior years. Luxury single-family home prices are up about 1.1% year over year (roughly 3% over two years), while attached properties have dipped 2.8% year over year but are still up 4.5% over two years. Sales activity has held steady, with single-family transactions rising 3.9% year over year, and both segments seeing strong month-over-month gains to start the year (up 18.9% for single-family and up 21.2% for attached homes). After a sharp inventory surge in 2025 (over 25% in some months and up to 40% annually in certain markets), supply has begun to stabilize in 2026, with February showing a modest increase of 3.1% in single-family inventory and a decline of 2.35% in attached homes. 

The luxury market is clearly settling into a healthier, more sustainable rhythm, and that’s a good thing. Buyers now have more breathing room, more options, and a bit more confidence when making decisions, while sellers are still benefiting from steady demand and long-term price growth. The strong start to the year in sales activity signals that momentum is building, not fading. As we head into the spring market, all eyes will be on whether this balance holds or tips back toward increased competition. Either way, the stage is set for an active and opportunity-filled season, and next month’s data should give us an even clearer picture of where things are headed.

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