October 2021 North America Luxury Market Report

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– LUXURY MONTHLY MARKET REVIEW – A Review of Key Market Differences Year over Year September 2020 | September 2021

ATTACHED HOMES September 2020

September 2021

Median List Price

$1,029,795

$1,118,641

Median Sale Price

$880,000

Median SP/LP Ratio Total Sales Ratio Median Price per Sq. Ft.

September 2020 September 2021

Total Inventory

18,691

11,800

$910,000

New Listings

5,649

4,469

98.36%

100.00%

Total Sold

3,636

4,647

19.45%

39.38%

29

15

$461

$546

2,139

1,932

Median Days on Market Average Home Size

Median prices represent properties priced above respective city benchmark prices.

1,180

1,011

New Listings

Total Sold

30,000

$

Med. Sale Price

14

19.93%

Days on Market

Sales Ratio

ATTACHED HOMES MARKET SUMMARY | SEPTEMBER 2021 •

Official Market Type: Seller's Market with a 39.38% Sales Ratio.1

Attached homes are selling for an average of 100.00% of list price.

The median luxury threshold2 price is $700,000, and the median attached luxury sale price is $910,000.

Markets with the Highest Median Sales Price: Vail ($2,962,500), San Francisco ($2,555,555), Greater Boston ($1,980,900), and Maui ($1,927,000).

Markets with the Highest Sales Ratio: Douglas County (333%), GTA-Durham (318%), Ventura County (311%) and Durango (275%). 1

Sales Ratio defines market speed and market type: Buyer's < 15.5%; Balanced >= 15.5 to < 20.5%; Seller's >= 20.5% plus. If >100%, sales from previous month exceeds current inventory. 2The luxury threshold price is set by The Institute for Luxury Home Marketing.