May Luxury Market Report 2025

This month’s Luxury Market Report, presented by Carl Johnson Real Estate in collaboration with The Institute for Luxury Home Marketing, provides a detailed overview of the luxury real estate market throughout North America. The report examines key trends, pricing developments, and new opportunities shaping the high-end residential landscape in both the U.S. and Canada.

In April 2024, the median sales price for single-family homes was $1,250,000, rising to $1,350,000 by April 2025. Attached homes also saw an increase, with the median sales price climbing from $850,000 in April 2024 to $879,000 in April 2025. Single-family homes reported a total inventory of 81,048, with 30,257 new listings and 19,106 properties sold. Attached homes recorded a total inventory of 29,769, with 9,472 new listings and 5,357 properties sold during the period.
These figures reflect steady activity in both market segments, indicating continued buyer interest and a healthy flow of inventory across the luxury housing market.

Luxury homes in 2025 are thoughtfully designed to create striking contrasts—blending bold architectural statements with serene natural elements, and pairing modern innovation with timeless elegance. This approach reflects a growing trend among high-end buyers who seek spaces that are both visually captivating and deeply harmonious, where contemporary aesthetics meet comfort, and sleek minimalism is balanced by rich textures and warm, inviting materials.

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