INVENTORY
VS. SALES | DECEMBER 2024
$4,500,000+
$3,900,000 - $4,499,999
$3,500,000 - $3,899,999
$3,100,000 - $3,499,999
$2,700,000 - $3,099,999
$2,300,000 - $2,699,999
$1,900,000 - $2,299,999
$1,700,000
$1,300,000 - $1,399,999
$1,250,000 - $1,299,999
$1,200,000 - $1,249,999
$1,150,000 - $1,199,999
$1,100,000 - $1,149,999
13 - MONTH LUXURY MARKET TREND 4
MEDIAN DATA REVIEW | DECEMBER
VARIANCE: 2 % 761 773 Dec. 2023 Dec. 2024 TOTAL INVENTORY VARIANCE: 26 % 131 165 TOTAL SOLDS VARIANCE: 0 % $1.80m $1.80m SALES PRICE
VARIANCE: - 1 % 96.67% 95.83% SALE TO LIST PRICE RATIO VARIANCE: 0 % $539 $537 SALE PRICE PER SQFT.
VARIANCE: 11 % 55 61 DAYS ON MARKET
• The single-family luxury market is a Seller's Market with a 21% Sales Ratio.
• Homes sold for a median of 95.83% of list price in December 2024.
• The most active price band is $1,100,000-$1,149,999, where the sales ratio is 123%
• The median luxury sales price for single-family homes is $1,800,000.
• The median days on market for December 2024 was 61 days, up from 55 in December 2023.
$2,500,000
$2,000,000
LUXURY INVENTORY VS. SALES | DECEMBER 2024
$700,000
$650,000
13 - MONTH LUXURY MARKET TREND 4
MEDIAN DATA REVIEW | DECEMBER
• The attached luxury market is a Balanced Market with a 17% Sales Ratio. • Homes sold for a median of 97.43% of list price in December 2024.
• The most active price band is $1,000,000-$1,099,999, where the sales ratio is 43%
• The median luxury sales price for attached homes is $800,000.
• The median days on market for December 2024 was 54 days, up from 45 in December 2023.