1 minute read

LUXURY MONTHLY MARKET REVIEW – A Review of Key Market Differences Year

over Year

2,395 6,054 88,693 15 50.57%

SINGLE-FAMILY HOMES MARKET SUMMARY | DECEMBER 2022

• Official Market Type: Seller's Market with a 24.20% Sales Ratio.1

• Homes are selling for an average of 97.74% of list price.

• The median luxury threshold2 price is $950,000, and the median luxury home sales price is $1,232,500.

• Markets with the Highest Median Sales Price: Vancouver ($2,500,000), Whistler ($2,500,000), Los Angeles ($2,500,000), and San Francisco ($2,500,000).

• Markets with the Highest Sales Ratio: South Shore (72%), Hamilton County (67%), St. Louis (66%), and East Bay (57%).