MARCOBARRYHOEYLUXURYMARKETREPORTNAPLES+ISLAND+LEECOUNTYSEPTEMBER2022
BARRY HOEY
My top priority is going beyond the expected to deliver an exceptional and fully satisfying one-stop, full-service real estate experience for home buyers and sellers. I will work with you throughout your entire home search or sale process, and assist in finalizing the details.
To help all my customers in the best possible way, I have worked to achieve many designations and affiliations: ABR® (Accredited Buyer’s Representative), AHWD (At Home with Diversity), CIPS (Certified International Property Specialist), CLHMS (Certified Luxury Home Marketing, CNE, (Certified Negotiation Expert), CRS (Certified Residential Specialist), GRI (Graduate of the Realtor Institute), MCNE (Master Certified Negotiation Expert), RSPS (Resort and Second Home Property Specialist), SFR (Short sales and Foreclosure Resource Certified), Smart Home, SRES®, (Senior Real Estate Specialist), SRS (Seller Representative Specialist) REALTOR® (active member of our local board of Realtors; NABOR (Naples Area Board of Realtors), Member of MIAAOR (Marco Island Area Association of Realtors), Member of RALSC / Stellar MLS, Member of Sanibel and Captiva Islands Association of Realtors), Member of Florida Realtors & Member of NAR (National Association of Realtors). I continue to be an active member of the Institute for Luxury Home Marketing.
I am a Preferred Agent on a number of popular online Real Estate websites and magazines; which means that I will be able to promote your listing much better to a local, national and international clientele. Through the additional cutting edge tools and technologies which enables additional marketing I have a large local, national and international clientele which I keep fully updated on changes in the market, etc.
Full-Time Broker/Owner, CRS, GRI, CLHMS 239.360.5527
As a highly trained professional, I will use my technology, marketing, presentation, communication, negotiation and sales tools to help you find the home that matches your criteria.
If you are selling your property, I will ensure it reaches a global audience and is sold quickly for the highest price possible, with the least amount of inconvenience to you.
www.239RealEstateDeals.comBarry@SWFLLuxury.com
My vision is to continue to be the preferred gateway for an exceptional Real Estate experience, for you.
Because 90% of home shoppers now search for homes on the Internet, our systems offers unmatched property marketing and technology to generate interest in your property.
If you are looking for a REALTOR® or Brokerage who will fully communicate; promptly, professionally, and in detail with you, to help you with all your Real Estate needs, then look no further. By helping local, national and international customers; both sellers and buyers, from answering questions to having utility / contractor lists and any other information available through the transaction & after closing; I’m here for you and I’m always available to help.
TABLE OF CONTENTS
PAGE 4 LUXURY REPORT EXPLAINED PAGE 5 WELCOME MESSAGE PAGE 6-9 NORTH AMERICAN LUXURY MARKET REVIEW PAGE 10 13 MONTH MARKET TRENDS PAGE 11 SINGLE FAMILY HOMES MONTHLY OVERVIEW PAGE 12 ATTACHED HOMES MONTHLY OVERVIEW PAGE 13-16 MONTHLY STATISTICS BY CITY - Single Family Homes PAGE 17-20 MONTHLY STATISTICS BY CITY - Attached Homes PAGE 21 NAPLES LUXURY MARKET REVIEW PAGE 26 MARCO ISLAND LUXURY MARKET REVIEW PAGE 31 LEE COUNTY LUXURY MARKET REVIEW PAGE 36 THANK YOU
REMAINING INVENTORY: The total number of homes available at the close of a month.
DAYS ON MARKET: Measures the number of days a home is available on the market before a purchase offer is accepted.
Looking through this report, you will notice three distinct market statuses, Buyer's Market, Seller's Market, and Balanced Market. A Buyer's Market indicates that buyers have greater control over the price point. This market type is demonstrated by a substantial number of homes on the market and few sales, suggesting demand for residential properties is slow for that market and/or price point.
SALES RATIO: Sales Ratio defines market speed and determines whether the market currently favors buyers or sellers. Buyer's Market = up to 14%; Balanced Market = 15 to 20%; Seller's Market = 21% plus. If >100%, sales from previous month exceed current inventory.
By contrast, a Seller's Market gives sellers greater control over the price point. Typically, this means there are few homes on the market and a generous demand, causing competition between buyers who ultimately drive sales prices higher.
LUXURY REPORT EXPLAINED
SP/LP RATIO: The Sales Price/List Price Ratio compares the value of the sold price to the value of the list price.
The Institute for Luxury Home Marketing has analyzed a number of metrics — including sales prices, sales volumes, number of sales, sales-price-to-list-price ratios, days on market and price-per-square-foot – to provide you a comprehensive North American Luxury Market report. Additionally, we have further examined all of the individual luxury markets to provide both an overview and an in-depth analysis - including, where data is sufficient, a breakdown by luxury single-family homes and luxury attached homes.
A Balanced Market indicates that neither the buyers nor the sellers control the price point at which that property will sell and that there is neither a glut nor a lack of inventory. Typically, this type of market sees a stabilization of both the list and sold price, the length of time the property is on the market as well as the expectancy amongst homeowners in their respective communities – so long as their home is priced in accordance with the current market value.
It is our intention to include additional luxury markets on a continual basis. If your market is not featured, please contact us so we can implement the necessary qualification process. More in-depth reports on the luxury communities in your market are available as well.
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NEW LISTINGS: The number of homes that entered the market during the current month.
LUXURY BENCHMARK PRICE: The price point that marks the transition from traditional homes to luxury homes.
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REPORT GLOSSARY
PRICE PER SQUARE FOOT: Measures the dollar amount of the home's price for an individual square foot.
THIS IS YOUR
elcome to the Luxury Market Report, your guide to luxury real estate market data and trends for North America. Produced monthly by The Institute for Luxury Home Marketing, this report provides an in-depth look at the top residential markets across the United States and Canada. Within the individual markets, you will find established luxury benchmark prices and detailed survey of luxury active and sold properties designed to showcase current market status and recent trends. The national report illustrates a compilation of the top North American markets to review overall standards and trends.
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Copyright © 2022 Institute for Luxury Home Marketing | www.luxuryhomemarketing.com | 214.485.3000
The Luxury Market Report is a monthly analysis provided by The Institute for Luxury Home Marketing. Luxury benchmark prices are determined by The Institute. This active and sold data has been provided by REAL Marketing, who has compiled the data through various sources, including local MLS boards, local tax records and Realtor.com. Data is deemed reliable to the best of our knowledge, but is not guaranteed.
LUXURY MARKET REPORT
MAP OF LUXURY RESIDENTIAL MARKETS
NORTH AMERICAN LUXURY REVIEW
Whether the overall luxury real estate market moves towards a balanced or buyer’s market will likely depend on changes in inventory levels and whether the available homes match buyers' demand. Even at the height of the buyer frenzy in spring 2021, homes that were considerably over-priced or needed extensive renovations or repairs often remained unsold.
Demand for move-in-ready properties remains a top priority for affluent buyers who have little time or desire to embark on any more than simple updating projects. As we highlighted last month, properties that are fully furnished, down to kitchen utensils, dishware, and all the soft furnishings, are highly prized, often seeing some of the shortest days on the market.
While it is contended that we are moving towards a buyer’s market, the current data for August 2022 shows that conditions in most luxury markets are still favorable to sellers – of the 140 single-family markets showcased in our report, 106 remain seller markets. However, the sales ratio percentage, which measures the rate of sales against available inventory each month, is trending downwards in most markets month over month, in comparison to 2021 levels.
Market Changes to Consider
Over the last few months, the luxury real estate market has experienced the return of a more normal pace for those looking to buy and sell their homes. Recent trends also continue to show a considerable moderation in the number of sales and the rate of price increases, which has certainly taken the pressure off the market.
The level of inventory may have risen since May 2022, and now approximately 50% higher for single family homes and 18% for attached properties compared to August 2021, but of greater significance is that the number of new listings entering the market has continued to drop since June 2022. Expectations are that these numbers will rise as we enter the fall season, but it seems that some luxury sellers are hesitant to enter the current market.
The drop in new listings might be explained as, traditionally, summer months do see fewer homes enter the market as families take time to vacation. However, according to Danielle Halle, Chief Economist at Realtor.com, “even though home prices are near record highs and home equity has soared, homeowners appear to be less eager to list homes for sale compared to last year. Recent survey data shows that while home sellers are in a good position, typically getting their list price and still generally satisfied with the price and other aspects of their home sale, some of their (seller) markers have shifted over the last year.”
If we are returning to a more traditional real estate cycle, then over the next couple of months, inventory levels should start to increase again, and we may see more luxury markets become balanced or buyer’s markets.
As we move into the fall season, we review both new opportunities and trends that homeowners and investors should consider during their property search.
Sellers are facing several problems, including appraisals not matching the value of their asking price and the return of contract contingencies such as requests for repairs or compensation. In the last year especially, these were not included in buyer contracts because multiple offers and cash buyers mitigated these sorts of requests.
Equally, after two long years of unrest and upheaval, many affluent are content with their purchases and now looking for more stability and continuity. So, expectations are that they might not be ready to sell any time soon. If these affluent purchased using a ‘fixed-term’ low-interest rate mortgage, it is also unlikely that they would trade in these favorable terms if they do not have to sell or move unless a life-changing event occurs.
It seems that some sellers are not quite ready to contend with the return of negotiating terms or, depending on their level of wealth, simply do not need to sell, so they are ready to wait until the market becomes more favorable.
An increasing number of buyers are starting to return to the larger metropolitan cities for multiple reasons, including simply missing the lifestyle or looking for a potential investment opportunity. This door may close soon, as also in the mix are foreign investors (now that travel restrictions are easing) and first-time buyers heading to urban markets looking for the opportunity to purchase a property. Experts predict that city markets may see stronger returns on investment than their suburban counterparts.
Today, emerging neighborhoods not only afford buyers better values but have the potential to create greater equity returns. These are ideal for buyers ready to invest in a property for the longer term, understanding that they are buying early and will need to wait for the neighborhood to evolve and mature.
While cities are starting to experience an influx of new and returning buyers, some of the best deals may be found in emerging neighborhoods. Before the pandemic, many of these inner, mid-city communities and industrial areas had been on trend for gentrification.
Cities from Vancouver and Toronto in Canada to Atlanta, Austin, Chicago, and San Francisco in the US saw their emerging neighborhoods stall in 2020 as people chose to purchase away from the more crowded metropolitan communities.
Emerging City Neighborhoods
Return to Urban Living
Which trends will see better investment return; larger estate-sized homes, properties with views, those located on expansive land, or smaller homes closer to amenities, are questions being asked of our luxury real estate professionals.
As we enter the latter part of 2022, mainly due to the historic rise in property values over the last 24 months, many affluent are now starting to reprioritize with a keen eye on market stability and potential returns.
The answer may lie in reviewing the sales data for the last six months, which reveals that luxury mid-sized homes ranging from 3,000 to 3,500 sq ft are proving to be in the greatest demand for single family homes and 1,500 to 2,000 sq ft for attached properties.
While people want extra space, they do not want to be overwhelmed with larger debt, especially as interest rates continue to rise. Equally, land and privacy are still important, but as things return to normal, the shift back to living closer to amenities and locations closer to work are becoming the main priority once more.
Vacation and second home properties are expected to continue to increase in popularity, especially for those who need escape options from their primary property. The affluent are continuing to seek diversity in their lifestyle, and owning multiple properties, whether in the city, mountains, or beach locations, is an important facet in meeting that requirement.
The art of selling and buying in this market needs a critical and analytical approach; understanding the realities and setting expectations accordingly will ensure that goals are achieved. For homeowners looking to buy or sell in today’s market, we recommend working with a Realtor who can capitalize on the preferences, trends, and demands in this dynamic and evolving environment.
New Priorities
Now that remote working is mainstream, there is still an increased focus on investing in real estate that aligns with people’s lifestyle choices.
Time to Diversify
– 13 - MONTH MARKET TRENDS –Single-Family Homes Attached Homes Single-Family List Price Attached List Price PRICELISTVS.PRICESALESMARKETONDAYS All data is based off median values. Median prices represent properties priced above respective city benchmark prices. FOR THE LUXURY NORTH AMERICAN MARKET 11 13 14 15 15 17 18 13 9 7 7 9 12 16 16 15 12 15 16 18 11 8 8 9 9 13 0 2 4 6 8 10 12 14 16 18 20 JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL FOOTSQUAREPERPRICE $492 $486 $504 $501 $498 $535 $516 $526 $543 $526 $540 $550 $538 $376 $392 $397 $400 $396 $415 $410 $420 $421 $443 $438 $431 $430 $0 $100 $200 $300 $400 $500 $600 JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL $500,000 $700,000 $900,000 $1,100,000 $1,300,000 $1,500,000 $1,700,000 $1,900,000 $2,100,000 JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL Discrepancies in previous month statistics between the August 2022 and September 2022 reports are due to the addition of Whistler, BC.
• Homes are selling for an average of 99.17% of list price
1
SINGLE-FAMILY HOMES MARKET SUMMARY | AUGUST 2022
Total Sold 18,947 18,001
• Markets with the Highest Median Sales Price: Aspen ($11,500,000), Whistler ($5,550,000), Vail ($4,550,000), and Naples ($4,200,000).
SINGLE-FAMILY HOMES
Median SP/LP Ratio 100.00% 99.17%
Median Price per Sq. Ft. $392 $418
New Listings 11,760 16,673
Median Days on Market 13 18
1Sales 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.
• Markets with the Highest Sales Ratio: Cleveland Suburbs (131%), Hamilton County (95%), St. Louis (91%) and Howard County (79%).
Total Sales Ratio 56.05% 34.84%
Median Sale Price $1,360,697 $1,299,000
Total Inventory 33,805 51,674
Average Home Size 3,528 3,185 city benchmark prices.
A Review of Key Market Differences Year over Year August 2021 | August 2022 Median prices represent properties priced above respective
– LUXURY MONTHLY MARKET REVIEW –
August 2022August 2021 August 2022August 2021 New Listings Total Sold Days on Market Sales RatioMed. Sale Price 4,913 946 $61,697 5 21.21%
.
• The median luxury threshold2 price is $925,000, and the median luxury home sales price is $1,299,000.
Median List Price $1,680,750 $1,595,000
• Official Market Type: Seller's Market with a 34.84% Sales Ratio.
ATTACHED HOMES New Listings Total Sold Sales RatioMed. Sale Price 704 675 11.18% ATTACHED HOMES MARKET SUMMARY | AUGUST 20 22 • Official Market Type: Seller's Market with a 30.34% Sales Ratio.1 • Attached homes are selling for an average of 98.92% of list price. • The median luxury threshold2 price is $700,000, and the median attached luxury sale price is $876,250 • Markets with the Highest Median Sales Price: Aspen ($4,125,000), Vail ($3,250,000), Whistler ($2,342,500), and San Francisco ($2,275,000). • Markets with the Highest Sales Ratio: Santa Barbara (127%), Howard County (122%), Anne Arundel County (91%) and Sussex County Coastal (84%). 1Sales 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.
Total Sold 5,124 4,449
New Listings 4,137 4,841
Median SP/LP Ratio 100.00% 98.92%
Average Home Size 1,960 1,843
Median Sale Price $830,000 $876,250
Median List Price $998,585 $942,225
Median Price per Sq. Ft. $489 $527
Median prices represent properties priced above respective city benchmark prices.
Median Days on Market 16 18
– LUXURY MONTHLY MARKET REVIEW –
Days on Market 2 $46,250 A Review of Key Market Differences Year over Year August 2021 | August 2022 August 2022August 2021 August 2022August 2021
Total Sales Ratio 41.52% 30.34%
Total Inventory 12,341 14,665
CA Los Angeles City $4,999,000 $3,500,000 646 187 119 18 Balanced
BC Mid Vancouver Island $1,650,000 $1,465,000 231 86 24 22 Buyer's BC Okanagan Valley $1,790,000 $1,530,000 917 276 65 47 Buyer's
AZ Phoenix $849,900 $787,000 873 286 272 41 Seller's
– LUXURY MONTHLY MARKET REVIEW –
CA Santa Barbara $5,750,000 $3,500,000 123 48 57 11 Seller's
CO Boulder $2,295,000 $1,600,000 201 74 81 49 Seller's
BC Vancouver $4,500,000 $3,259,000 1144 272 66 25 Buyer's
AZ Flagstaff $1,462,250 $1,272,500 84 24 24 50 Seller's
CA Los Angeles Beach Cities $5,899,000 $3,915,000 297 88 71 12 Seller's
CA Greater Palm Springs $1,849,000 $1,599,000 213 67 78 33 Seller's
CA San Francisco $4,495,000 $3,425,000 119 42 55 17 Seller's
$1,099,999 $930,000 537 238 147 23 Seller's
CA Central Coast $2,850,000 $2,150,000 240 82 71 20 Seller's
BC Whistler $4,500,000 $5,550,000 55 10 4 41 Buyer's
CA San Luis Obispo County $1,875,000 $1,447,500 183 61 74 40 Seller's
CA Placer County $1,195,000 $1,149,000 256 95 101 21 Seller's
AZ Paradise Valley $4,995,000 $3,025,000 110 27 21 74 Balanced
AZ Scottsdale $1,850,000 $1,755,000 630 185 153 48 Seller's
CA Sonoma County $2,274,500 $1,750,000 214 35 65 36 Seller's
CA Ventura County $1,992,500 $1,775,000 262 82 103 28 Seller's
CO Colorado Springs $935,000 $844,500 471 146 146 13 Seller's
CA Silicon Valley $3,798,000 $3,287,500 486 224 268 15 Seller's
CA Los Angeles The Valley $2,495,000 $2,025,500 468 187 190 20 Seller's
$2,250,000 $1,885,000 218 51 40 20 Balanced
CA East Bay $2,198,775 $1,869,500 534 272 412 16 Seller's
Median prices represent properties priced above respective city benchmark prices. Prices shown for Canadian cites are shown in Canadian Dollars.
AZ Tucson $718,000 $655,000 723 237 261 15 Seller's
CA San Diego $2,215,000 $1,868,500 933 366 354 15 Seller's
CA Lake Tahoe
AZ Mesa $847,000 $835,000 216 87 69 33 Seller's
State Market Name
CO Aspen $14,900,000 $11,500,000 105 13 7 76 Buyer's
SINGLE-FAMILY HOMES
CA Marin County $4,122,500 $2,900,000 118 25 47 17 Seller's CA Napa County $4,309,000 $2,300,000 52 7 22 26 Seller's
ListMedianPrice SoldMedianPrice Inventory ListingsNew Sold Days Marketon MarketStatus
AZ Chandler and Gilbert $1,075,000 $1,000,000 265 89 72 41 Seller's
CA Orange County $2,689,000 $2,274,000 1012 335 383 15 Seller's
BC Victoria $2,499,000 $1,950,000 139 55 23 17 Balanced
AB Calgary
CA Sacramento $949,000 $915,000 668 253 339 19 Seller's
ListMedianPrice SoldMedianPrice Inventory ListingsNew Sold Days Marketon MarketStatus
Median prices represent properties priced above respective city benchmark prices. Prices shown for Canadian cites are shown in Canadian Dollars.
CO Douglas County $1,349,950 $1,167,500 264 84 140 16
TX San Antonio $799,070 $717,515 636 262 191 16 Seller's
HI Oahu $3,000,000 $2,200,000 196 51 55 17
State Market Name
TX Dallas
CO Telluride
CO Vail $4,590,000 $4,550,000 83 15 11 31
FL Greater Fort Lauderdale $1,055,000 21 Balanced
TX El Paso $610,800 $583,000 154 53 29 15 Balanced
TX Denton County $775,786 $750,000 1101 508 425 9 Seller's
FL Weston $1,275,000 $1,026,100 113 35 37 18
HI Maui $3,188,000 $1,947,500 137 32 26 81 Balanced
HI Kauai $2,850,000 45 9 6 11 Buyer's
VA Charlottesville $1,300,000 $1,019,000 144 22 44 6 Seller's
SINGLE-FAMILY HOMES
CO Durango $1,250,000 119 22 25 56 Seller's
DE Sussex County Coastal $1,399,950 $1,189,677 163 46 44 5
TX Fort Worth $825,000 $800,000 970 393 465 8 Seller's
CT Coastal Connecticut $2,275,000 527 119 254 26
FL Jacksonville Beaches $1,472,125 $1,150,000 298 91 93 30
HI Island of Hawaii $1,972,500 112 19 17 26 Balanced
CT Central Connecticut $699,900 $619,725 375 79 276 7
TX Austin $1,098,222 $995,000 1242 586 354 9 Seller's
TX Collin County $749,000 $717,786 1445 681 627 11 Seller's
TX Houston $979,000 $880,000 1149 439 333 9 Seller's
TX San Angelo $650,000 $594,950 51 27 16 68 Seller's
FL South Pinellas County $1,595,000 $1,497,500 244 71 56 17
IL Chicago $1,498,888 $1,349,000 637 225 379
GA Atlanta $1,475,000 $1,167,500 639 234 250 8
FL Boca Raton/Delray Beach $2,699,500 $2,000,000 442 109 67 23 Balanced
ID Ada County $779,900 $759,450 985 338 316 14
TX Greater Tyler $737,500 $611,500 148 77 48 9 Seller's
UT Park City $4,250,000 $3,075,000 202 57 16 7 Buyer's
FL Coastal Pinellas County $2,387,500 $2,275,000 90 18 17 35 Balanced
VA Arlington & Alexandria $2,250,000 $1,850,000 77 32 49 6 Seller's
WA Seattle $1,893,217 $1,715,000 254 140 167 6 Seller's
$1,749,000 $1,555,000 211 136 46 14 Seller's ON GTA - York $2,375,000 $1,880,000 563 327 137 13 Seller's ON Hamilton $1,839,500 $1,510,000 254 121 27 23 Buyer's
FL Naples $4,985,000 $4,200,000 232 35 39 29 Balanced
FL South Walton $2,340,000 $2,100,000 400 85 59 33 Buyer's
WA Spokane $1,150,000 $987,500 135 62 46 9 Seller's
ON Oakville $2,514,900 $2,400,000 132 82 33 17 Seller's ON Toronto $3,799,444 $3,100,000 420 178 54 20 Buyer's ON Waterloo Region $1,474,000 $1,300,000 166 103 49 12 Seller's OR Portland $1,350,000 $1,075,000 615 248 283 6 Seller's QC Montreal $1,999,000 $1,600,000 363 87 16 39 Buyer's SC Hilton Head $2,095,000 $1,349,000 243 58 55 12 Seller's TN Greater Chattanooga $965,000 $824,000 180 49 43 4 Seller's TN Nashville $1,699,900 $1,355,500 653 246 220 4 Seller's
FL Miami $1,950,000 $1,350,000 890 223 118 Buyer's
FL Palm Beach Towns $3,087,500 $2,487,500 228 46 26 17 Buyer's
TX The Woodlands & Spring $809,000 $741,000 213 119 162 7 Seller's
FL Orlando $1,250,000 $1,135,000 678 176 185 13
FL Marco Island $2,560,000 $2,162,500 91 15 16 54 Balanced
TX Lubbock $652,500 $599,950 88 34 28 50 Seller's
CO Denver
ID Northern Idaho $1,600,000 $1,325,000 515 137 58 64 Buyer's
IL DuPage County $1,189,000 $955,000 313 99 161 11 Seller's
$1,300,000 $1,004,001 450 209 186 11 Seller's
$1,545,000 $1,328,000 535 199 276 13
VA Richmond $799,900 $790,153 291 110 197 6 Seller's
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LUXURY MONTHLY MARKET REVIEW –
VA Smith Mountain Lake $1,750,000 $1,325,000 33 9 8 4 Seller's
UT Salt Lake City $1,132,096 $979,000 469 210 157 21 Seller's
CO Summit County 87 20 15 13
VA McLean & Vienna $2,750,000 $1,850,000 147 31 61 6 Seller's
WA King County - Greater Seattle $1,970,000 $1,695,000 1014 543 538 6 Seller's
DC Washington D.C. $4,495,000 $2,650,000 46 7 17 8 Seller's
FL Sarasota & Beaches $2,950,000 $2,200,000 251 49 49 35 Balanced
FL Space Coast $850,000 $770,000 339 138 153 12
GA Duluth $1,575,000 21 7 8 24
$6,500,000 $3,797,500 83 10 6 55 Buyer's
ON GTA - Durham
ON Mississauga $2,950,000 $2,310,000 137 64 26 18 Balanced
VA Fairfax County $1,999,900 $1,500,000 346 113 152 7 Seller's
FL Tampa $750,000 $675,000 1251 463 431 8 Seller's
FL Lee County $1,399,900 $1,375,000 546 141 113 24 Balanced
TX San Angelo $650,000 $594,950 51 27 16 68 Seller's
UT Park City $4,250,000 $3,075,000 202 57 16 7 Buyer's
MO St. Louis 100 44 91 6
NY Finger Lakes $2,200,000 $1,290,000 31 12 8
NV Reno $1,900,000 $1,575,000 36 15 52 Buyer's
LUXURY MONTHLY MARKET REVIEW –
NC Lake Norman $1,185,000 $948,550 212 70 86 11 Seller's
VA Arlington & Alexandria $2,250,000 $1,850,000 77 32 49 6 Seller's
MD Talbot County $2,422,500 $2,457,500 40 8 2 36 Buyer's
MA Greater Boston $3,224,500 $2,700,000 82 18 26 Seller's
TX San Antonio $799,070 $717,515 636 262 191 16 Seller's
TX Austin $1,098,222 $995,000 1242 586 354 9 Seller's
ListMedianPrice SoldMedianPrice Inventory ListingsNew Sold Days Marketon MarketStatus
TX Collin County $749,000 $717,786 1445 681 627 11 Seller's
$1,000,000 $935,419 160 60 112 8
NC Raleigh-Durham $1,067,000 $925,000 512 173 255 4
VA McLean & Vienna $2,750,000 $1,850,000 147 31 61 6 Seller's
TX Fort Worth $825,000 $800,000 970 393 465 8 Seller's
MN Twin Cities $1,200,000 $973,390 691 211 276 14
NC Charlotte $1,125,000 $907,500 606 207 378 6
$717,000 $621,250 224 92 98 9
Monroe County $599,999 $615,000 17 5 6 19
TX Denton County $775,786 $750,000 1101 508 425 9 Seller's
MD Worcester County $995,000 $902,500 53 13 18 38
ON Mississauga $2,950,000 $2,310,000 137 64 26 18 Balanced
VA Charlottesville $1,300,000 $1,019,000 144 22 44 6 Seller's
IN Hamilton County $849,950 $750,000 140 48 133 5 Seller's
NY Suffolk County $1,950,000 $1,247,500 911 206 202 24
NM Taos $992,500 79 18 8 54 Buyer's
WA King County - Greater Seattle $1,970,000 $1,695,000 1014 543 538 6 Seller's
Oakland County $725,000 $650,000 908 342 412 13 Washtenaw County $892,500 162 48 6 Seller's Wayne County
State Market Name
UT Salt Lake City $1,132,096 $979,000 469 210 157 21 Seller's
NJ Ocean County $909,900 $830,000 470 163 153 13
KS Johnson County $817,160 $804,000 362 186 3 Seller's
OH Cincinnati $874,950 $750,000 190 40 112 2 Seller's
TX El Paso $610,800 $583,000 154 53 29 15 Balanced
MD Howard County $1,149,990 $1,061,000 107 49 85 6
NC Asheville $1,000,000 $872,092 247 84 115 11
VA Richmond $799,900 $790,153 291 110 197 6 Seller's
MD Anne Arundel County
NV Las Vegas $1,650,000 790 223 108 26 Buyer's
MA South Shore 64 19 50 22
MO Kansas City $662,843 1368 296 560 4
MA Cape Cod $2,350,000 $1,837,500 30 38 21
$1,150,000 $919,500 279 96 158 9
IL Will County $687,450 $625,000 230 101 9
WA Seattle $1,893,217 $1,715,000 254 140 167 6 Seller's
ON GTA - Durham
TX Houston $979,000 $880,000 1149 439 333 9 Seller's
TX Greater Tyler $737,500 $611,500 148 77 48 9 Seller's
TX Lubbock $652,500 $599,950 88 34 28 50 Seller's
TX The Woodlands & Spring $809,000 $741,000 213 119 162 7 Seller's
VA Smith Mountain Lake $1,750,000 $1,325,000 33 9 8 4 Seller's
SINGLE-FAMILY HOMES
WA Spokane $1,150,000 $987,500 135 62 46 9 Seller's
–
MN Olmsted County $824,900 $670,000 75 14 27 11
VA Fairfax County $1,999,900 $1,500,000 346 113 152 7 Seller's
NY Staten Island $1,250,000 $1,098,000 182 39 27 40 Buyer's
$1,749,000 $1,555,000 211 136 46 14 Seller's ON GTA - York $2,375,000 $1,880,000 563 327 137 13 Seller's ON Hamilton $1,839,500 $1,510,000 254 121 27 23 Buyer's
IL Lake County
TX Dallas $1,300,000 $1,004,001 450 209 186 11 Seller's
MD Frederick County $889,000 $860,000 61 22 27 10 Seller's
MD Montgomery County $1,899,228 $1,510,000 166 45 129 7
NV Lake Tahoe $3,450,000 $2,565,000 159 23 19 105 Buyer's
Median prices represent properties priced above respective city benchmark prices. Prices shown for Canadian cites are shown in Canadian Dollars.
NY Nassau County $1,877,500 $1,410,000 736 155 221 21
Livingston County $707,500 121 38 40 16
ON Oakville $2,514,900 $2,400,000 132 82 33 17 Seller's ON Toronto $3,799,444 $3,100,000 420 178 54 20 Buyer's ON Waterloo Region $1,474,000 $1,300,000 166 103 49 12 Seller's OR Portland $1,350,000 $1,075,000 615 248 283 6 Seller's QC Montreal $1,999,000 $1,600,000 363 87 16 39 Buyer's SC Hilton Head $2,095,000 $1,349,000 243 58 55 12 Seller's TN Greater Chattanooga $965,000 $824,000 180 49 43 4 Seller's TN Nashville $1,699,900 $1,355,500 653 246 220 4 Seller's
WA Spokane $1,150,000 $987,500 135 62 46 9 Seller's
Dallas $1,333,698 $1,095,000 398 136 183 13
ON Waterloo Region $1,299,000 128 74 51 19
VA Arlington & Alexandria $2,250,000 $1,850,000 77 32 49 6 Seller's
SC Hilton Head $2,095,000 $1,432,500 231 38 48 11 Balanced
$650,000 $679,393 29 6 38 25 Durham $1,810,000 $1,551,750 189 118 56 18
Lubbock $619,000 95 50 40 56
TX Lubbock $652,500 $599,950 88 34 28 50 Seller's
GTA - York $2,499,000 $1,809,000 470 257 182 17 Seller's Hamilton $1,849,000 245 101 31 32 Buyer's Mississauga $2,337,500 108 53 30 22
McLean & Vienna $2,824,950 $1,701,849 136 35 44 13
UT Salt Lake City $1,132,096 $979,000 469 210 157 21 Seller's
QC Montreal $1,898,000 $1,530,000 97 91 18 61 Balanced
TX San Antonio $799,070 $717,515 636 262 191 16 Seller's
WA Seattle $1,893,217 $1,715,000 254 140 167 6 Seller's
Cleveland Suburbs
San Angelo $649,500 $565,000 54 20 17 49
ListMedianPrice SoldMedianPrice Inventory ListingsNew Sold Days Marketon MarketStatus
Fort Worth $849,995 $799,000 890 290 435 13
Austin $1,075,713 $1,021,000 1126 347 307 18
TN Nashville $1,650,000 $1,246,500 626 205 210 8
San Antonio $798,412 677 210 187 22
WA Spokane $1,162,500 $1,100,000 130 51 33 33 Seller's
Richmond $799,000 $775,000 304 94 179 6
ON Mississauga $2,950,000 $2,310,000 137 64 26 18 Balanced
TX Houston $979,000 $880,000 1149 439 333 9 Seller's
Arlington & Alexandria $2,299,000 $1,885,000 71 24 26 9
UT Park City $4,250,000 $3,075,000 202 57 16 7 Buyer's
LUXURY MONTHLY MARKET REVIEW –
Houston $949,989 $837,000 1071 339 285 10
TX Greater Tyler $737,500 $611,500 148 77 48 9 Seller's
Greater Tyler $800,000 189 109 57 16
WA King County - Greater Seattle $1,970,000 $1,695,000 1014 543 538 6 Seller's
OR Portland $1,317,995 $1,140,500 595 200 244 9 Seller's
Charlottesville $1,300,000 $1,021,500 134 24 44
Fairfax County $2,098,950 $1,449,900 316 90 141 11
TX San Angelo $650,000 $594,950 51 27 16 68 Seller's
The Woodlands & Spring $849,450 $765,000 206 104 151 9 Seller's Park City $4,650,000 $2,625,000 198 40 18 22 Buyer's
Greater Chattanooga $998,950 $852,500 202 71 58
Collin County $750,000 $710,000 1355 620 17
$1,749,000 $1,555,000 211 136 46 14 Seller's ON GTA - York $2,375,000 $1,880,000 563 327 137 13 Seller's ON Hamilton $1,839,500 $1,510,000 254 121 27 23 Buyer's
Oakville $2,460,000 113 58 26 24 Seller's Toronto $3,798,888 341 147 67 20 Balanced
TX Austin $1,098,222 $995,000 1242 586 354 9 Seller's
VA Charlottesville $1,300,000 $1,019,000 144 22 44 6 Seller's
Median prices represent properties priced above respective city benchmark prices. Prices shown for Canadian cites are shown in Canadian Dollars.
ON Oakville $2,514,900 $2,400,000 132 82 33 17 Seller's ON Toronto $3,799,444 $3,100,000 420 178 54 20 Buyer's ON Waterloo Region $1,474,000 $1,300,000 166 103 49 12 Seller's OR Portland $1,350,000 $1,075,000 615 248 283 6 Seller's QC Montreal $1,999,000 $1,600,000 363 87 16 39 Buyer's SC Hilton Head $2,095,000 $1,349,000 243 58 55 12 Seller's TN Greater Chattanooga $965,000 $824,000 180 49 43 4 Seller's TN Nashville $1,699,900 $1,355,500 653 246 220 4 Seller's
UT Salt Lake City $1,195,000 $992,500 460 186 178 22
TX Collin County $749,000 $717,786 1445 681 627 11 Seller's
VA Smith Mountain Lake $1,750,000 $1,325,000 33 9 8 4 Seller's
TX The Woodlands & Spring $809,000 $741,000 213 119 162 7 Seller's
State Market Name
TX Fort Worth $825,000 $800,000 970 393 465 8 Seller's
VA Smith Mountain Lake $1,637,475 24 6 13
Denton County 1023 324 410 14 Seller's
VA Richmond $799,900 $790,153 291 110 197 6 Seller's
SINGLE-FAMILY HOMES
El Paso $615,000 147 42 45 20
King County - Greater Seattle $1,850,000 $1,650,000 1105 480 559 11
ON GTA - Durham
TX Denton County $775,786 $750,000 1101 508 425 9 Seller's
TX Dallas $1,300,000 $1,004,001 450 209 186 11 Seller's
Seattle $1,850,000 $1,718,000 235 125 132 7
VA Fairfax County $1,999,900 $1,500,000 346 113 152 7 Seller's
–
VA McLean & Vienna $2,750,000 $1,850,000 147 31 61 6 Seller's
TX El Paso $610,800 $583,000 154 53 29 15 Balanced
ATTACHED HOMES
AB Calgary $750,000 $695,000 153 41 25 39 Balanced
BC Mid Vancouver Island $848,950 $802,500 62 21 10 39 Balanced
CA Sacramento
BC Okanagan Valley
AZ Phoenix
AZ Paradise Valley
AZ Tucson
CA Orange County $1,200,000 $1,160,000 368 158 220 15 Seller's CA Placer County
CA Santa Barbara $1,399,000 $1,625,000 11 6 14 26 Seller's CA Silicon Valley $1,699,999 $1,590,000 113 64 71 14 Seller's CA Sonoma County $834,000 $751,785 18 6 7 40 Seller's
–
$1,625,000 $880,000 25 6 3 48 Buyer's
CO Boulder $871,470 $1,127,500 63 28 40 67 Seller's CO Colorado Springs
BC Victoria $999,000 $892,500 124 72 42 16 Seller's BC Whistler $2,635,250 $2,342,500 36 9 2 62 Buyer's
CO Aspen $3,674,000 $4,125,000 42 11 5 67 Buyer's
Markets with dashes do not have a significant luxury market for this report. Median prices represent properties priced above respective city benchmark prices. Prices shown for Canadian cites are shown in Canadian Dollars.
CA Ventura County $750,000 $785,000 113 53 50 16 Seller's
State Market Name
$1,100,000 $1,043,500 345 163 212 12 Seller's
CA Marin County $1,297,500 $1,150,000 34 9 19 24 Seller's CA Napa County
AZ Flagstaff
LUXURY MONTHLY MARKET REVIEW –
CA Central Coast $1,275,000 $1,025,000 25 10 21 14 Seller's CA East Bay $999,970 $1,072,500 166 90 134 14 Seller's CA Greater Palm Springs
CA Lake Tahoe
ListMedianPrice SoldMedianPrice Inventory ListingsNew Sold Days Marketon MarketStatus
AZ Chandler and Gilbert
BC Vancouver $1,988,500 $1,769,000 906 265 80 27 Buyer's
CA San Francisco $2,750,000 $2,275,000 75 16 9 35 Buyer's CA San Luis Obispo County
CA Los Angeles Beach Cities $1,897,000 $1,775,000 156 52 71 18 Seller's CA Los Angeles City $1,699,500 $1,434,000 338 122 86 24 Seller's CA Los Angeles The Valley $789,000 $825,000 153 76 83 17 Seller's
CA San Diego
AZ Scottsdale $875,000 $790,000 193 63 47 34 Seller's
AZ Mesa
FL Space Coast $824,900 $685,000 24 41 13
VA Richmond $799,900 $790,153 291 110 197 6 Seller's
FL Palm Beach Towns $1,975,000 $1,525,500 181 32 32 25 Balanced
FL South Pinellas County $1,122,800 $900,000 175 47 48 12
HI Kauai $1,592,000 42 9 15 14
TX Dallas
UT Salt Lake City $1,132,096 $979,000 469 210 157 21 Seller's
TX Fort Worth $825,000 $800,000 970 393 465 8 Seller's
TX San Antonio $799,070 $717,515 636 262 191 16 Seller's
TX The Woodlands & Spring $809,000 $741,000 213 119 162 7 Seller's
ON Hamilton $1,839,500 $1,510,000 254 121 27 23 Buyer's
ID Northern Idaho
FL Lee County $849,900 $825,000 215 48 68
ON GTA - Durham
VA Charlottesville $1,300,000 $1,019,000 144 22 44 6 Seller's
TX San Angelo $650,000 $594,950 51 27 16 68 Seller's
TX El Paso $610,800 $583,000 154 53 29 15 Balanced
GA Atlanta
VA Fairfax County $1,999,900 $1,500,000 346 113 152 7 Seller's
UT Park City $4,250,000 $3,075,000 202 57 16 7 Buyer's
VA McLean & Vienna $2,750,000 $1,850,000 147 31 61 6 Seller's
ATTACHED HOMES
State Market Name
LUXURY MONTHLY MARKET REVIEW –
FL Miami $1,450,000 $1,150,000 1225 218 121 43 Buyer's
FL Weston
$1,530,000 $1,483,750 47 7 16 8
ID Ada County $673,500 $607,500 59 27 14 18
TX Collin County $749,000 $717,786 1445 681 627 11 Seller's
TX Houston $979,000 $880,000 1149 439 333 9 Seller's
FL Orlando $565,000 $560,500 204 61 69
TX Greater Tyler $737,500 $611,500 148 77 48 9 Seller's
$749,900 $601,410 425 158 178 18
FL Coastal Pinellas County $1,396,550 $1,050,000 94 22 25
IL Chicago $1,275,000 739 219 144 30 Balanced
CT Central Connecticut
FL Boca Raton/Delray Beach $865,125 280 100 57 18 Balanced
CO Douglas County $549,990 $587,450 25 7 13 14
$1,300,000 $1,004,001 450 209 186 11 Seller's TX Denton County $775,786 $750,000 1101 508 425 9 Seller's
ON Mississauga $2,950,000 $2,310,000 137 64 26 18 Balanced
VA Arlington & Alexandria $2,250,000 $1,850,000 77 32 49 6 Seller's
OR Portland $1,350,000 $1,075,000 615 248 283 6 Seller's QC Montreal $1,999,000 $1,600,000 363 87 16 39 Buyer's SC Hilton Head $2,095,000 $1,349,000 243 58 55 12 Seller's TN Greater Chattanooga $965,000 $824,000 180 49 43 4 Seller's TN Nashville $1,699,900 $1,355,500 653 246 220 4 Seller's TX Austin $1,098,222 $995,000 1242 586 354 9 Seller's
–
FL Sarasota & Beaches $1,692,500 $1,375,000 126 24 17 Balanced
CT Coastal Connecticut $1,495,000 $853,000 154 18 52 24
ListMedianPrice SoldMedianPrice Inventory ListingsNew Sold Days Marketon MarketStatus
TX Lubbock $652,500 $599,950 88 34 28 50 Seller's
CO Durango $793,905 $910,000 18 2 15 51 Seller's
HI Island of Hawaii
VA Smith Mountain Lake $1,750,000 $1,325,000 33 9 8 4 Seller's
CO Denver $917,500 $720,313 140 43 44 11
CO Vail $3,250,000 51 4 3 9
FL Tampa $774,500 $667,000 187 68 51 9 Seller's
DC Washington D.C. $1,457,500 159 43 62 11 Seller's
GA Duluth
DE Sussex County Coastal $975,000 $779,316 19 9 16 7
FL Jacksonville Beaches $995,000 $930,000 38 14 14 22
ON GTA - York $2,375,000 $1,880,000 563 327 137 13 Seller's
FL Greater Fort Lauderdale $849,450 $735,000 860 220 167 27 Balanced
FL Marco Island $1,749,000 $1,350,000 37 5 9 25
FL Naples $2,345,000 $1,800,000 129 30 35 26
FL South Walton $1,550,000 $1,150,000 225 43 27 24 Buyer's
WA King County - Greater Seattle $1,970,000 $1,695,000 1014 543 538 6 Seller's
Markets with dashes do not have a significant luxury market for this report. Median prices represent properties priced above respective city benchmark prices. Prices shown for Canadian cites are shown in Canadian Dollars.
ON Oakville $2,514,900 $2,400,000 132 82 33 17 Seller's ON Toronto $3,799,444 $3,100,000 420 178 54 20 Buyer's ON Waterloo Region $1,474,000 $1,300,000 166 103 49 12 Seller's
IL DuPage County $990,000 $675,000 21 7 11 5 Seller's
WA Seattle $1,893,217 $1,715,000 254 140 167 6 Seller's WA Spokane $1,150,000 $987,500 135 62 46 9 Seller's
CO Summit County $1,524,000 $1,378,500 30 10 8 9 Seller's CO Telluride
HI Maui $2,125,000 $1,672,500 76 19 28 97
HI Oahu $1,175,000 $905,000 383 87 85 18
$1,749,000 $1,555,000 211 136 46 14 Seller's
NY Staten Island $615,000 $630,000 96 35 37 26
VA Smith Mountain Lake $1,750,000 $1,325,000 33 9 8 4 Seller's
NV Las Vegas
VA Richmond $799,900 $790,153 291 110 197 6 Seller's
MD Montgomery County $788,700 $766,000 100 12
TX Fort Worth $825,000 $800,000 970 393 465 8 Seller's TX Greater Tyler $737,500 $611,500 148 77 48 9 Seller's TX Houston $979,000 $880,000 1149 439 333 9 Seller's
ATTACHED HOMES
NJ Ocean County $882,500 $820,000 48 19 17 17
NC Charlotte $650,000 $618,898 170 35 96 15
OH Cincinnati $674,900 $720,000 17 1 10 61 Seller's
MD Frederick County
TX The Woodlands & Spring $809,000 $741,000 213 119 162 7 Seller's UT Park City $4,250,000 $3,075,000 202 57 16 7 Buyer's
–
NY Nassau County $1,561,944 $1,202,500 80 15 32 29
NV Lake Tahoe $1,294,500 $1,225,500 32 4 8 70
NV Reno
NC Raleigh-Durham
NC Lake Norman $598,711 $625,000 23 7 13 18 Seller's
MD Worcester County $681,750 44 14 23 24 Livingston County Monroe County
WA Spokane $1,150,000 $987,500 135 62 46 9 Seller's
IN Hamilton County
MA Cape Cod $797,500 $910,000 22 1 9 22
$600,000 $599,990 27 20 33 7
LUXURY MONTHLY MARKET REVIEW –
MN Twin Cities
Oakland County $692,000 $615,000 72 22 17 16 Washtenaw County $627,450 $599,000 54 15 18 27 Seller's Wayne County $649,900 $550,510 92 21 9 7 Buyer's MN Olmsted County
ON Waterloo Region $1,474,000 $1,300,000 166 103 49 12 Seller's
ListMedianPrice SoldMedianPrice Inventory ListingsNew Sold Days Marketon MarketStatus
VA McLean & Vienna $2,750,000 $1,850,000 147 31 61 6 Seller's
IL Lake County
ON Hamilton $1,839,500 $1,510,000 254 121 27 23 Buyer's
OR Portland $1,350,000 $1,075,000 615 248 283 6 Seller's QC Montreal $1,999,000 $1,600,000 363 87 16 39 Buyer's SC Hilton Head $2,095,000 $1,349,000 243 58 55 12 Seller's
ON GTA - York $2,375,000 $1,880,000 563 327 137 13 Seller's
TX San Antonio $799,070 $717,515 636 262 191 16 Seller's
VA Arlington & Alexandria $2,250,000 $1,850,000 77 32 49 6 Seller's
MD Talbot County
MO St. Louis
NY Finger Lakes
NY Suffolk County $769,000 165 47 56 28
ON Oakville $2,514,900 $2,400,000 132 82 33 17 Seller's ON Toronto $3,799,444 $3,100,000 420 178 54 20 Buyer's
TX Collin County $749,000 $717,786 1445 681 627 11 Seller's TX Dallas $1,300,000 $1,004,001 450 209 186 11 Seller's TX Denton County $775,786 $750,000 1101 508 425 9 Seller's
WA King County - Greater Seattle $1,970,000 $1,695,000 1014 543 538 6 Seller's
IL Will County
KS Johnson County $611,663 $595,509 110 29 25 3 Seller's
MD Howard County
NC Asheville $577,500 25 6 15 24
MA Greater Boston $2,482,500 $1,997,500 256 50 78 21 Seller's
TX El Paso $610,800 $583,000 154 53 29 15 Balanced
TX Lubbock $652,500 $599,950 88 34 28 50 Seller's TX San Angelo $650,000 $594,950 51 27 16 68 Seller's
TN Greater Chattanooga $965,000 $824,000 180 49 43 4 Seller's TN Nashville $1,699,900 $1,355,500 653 246 220 4 Seller's TX Austin $1,098,222 $995,000 1242 586 354 9 Seller's
MO Kansas City
UT Salt Lake City $1,132,096 $979,000 469 210 157 21 Seller's
$1,749,000 $1,555,000 211 136 46 14 Seller's
MD Anne Arundel County $577,000 $576,000 55 30 50
ON Mississauga $2,950,000 $2,310,000 137 64 26 18 Balanced
NM Taos
Markets with dashes do not have a significant luxury market for this report. Median prices represent properties priced above respective city benchmark prices. Prices shown for Canadian cites are shown in Canadian Dollars.
VA Fairfax County $1,999,900 $1,500,000 346 113 152 7 Seller's
ON GTA - Durham
MA South Shore $837,450 $825,000 16 7 13 20
WA Seattle $1,893,217 $1,715,000 254 140 167 6 Seller's
State Market Name
VA Charlottesville $1,300,000 $1,019,000 144 22 44 6 Seller's
ListMedianPrice SoldMedianPrice Inventory ListingsNew Sold Days Marketon MarketStatus
ON Hamilton $1,839,500 $1,510,000 254 121 27 23 Buyer's
ON Mississauga $2,950,000 $2,310,000 137 64 26 18 Balanced
TX Fort Worth $825,000 $800,000 970 393 465 8 Seller's TX Greater Tyler $737,500 $611,500 148 77 48 9 Seller's TX Houston $979,000 $880,000 1149 439 333 9 Seller's
OR Portland $1,350,000 $1,075,000 615 248 283 6 Seller's QC Montreal $1,999,000 $1,600,000 363 87 16 39 Buyer's SC Hilton Head $2,095,000 $1,349,000 243 58 55 12 Seller's
SC Hilton Head $1,045,000 $1,000,000 40 7 11 5 Greater Chattanooga
King County - Greater Seattle $1,124,000 $1,000,000 253 91 100 8
Dallas $744,950 $630,000 114 41 50 11 Denton County El HoustonGreaterFortPasoWorthTyler
VA Richmond $799,900 $790,153 291 110 197 6 Seller's
LUXURY MONTHLY MARKET REVIEW –
WA King County - Greater Seattle $1,970,000 $1,695,000 1014 543 538 6 Seller's
WA Seattle $1,893,217 $1,715,000 254 140 167 6 Seller's
Seattle $1,495,000 $1,235,000 121 31 22 7 Balanced
WA Spokane
Durham $829,450 $825,000 28 15 11 11
OR Portland $742,450 $589,000 204 69 76 18 Seller's
ON GTA - York $2,375,000 $1,880,000 563 327 137 13 Seller's
TX San Antonio $799,070 $717,515 636 262 191 16 Seller's
TN Nashville $739,000 117 39 60 6
$624,000 $586,570 135 19 Balanced
Markets with dashes do not have a significant luxury market for this report. Median prices represent properties priced above respective city benchmark prices. Prices shown for Canadian cites are shown in Canadian Dollars.
Fairfax County $775,000 $690,000 213 101 139 15 McLean & Vienna $1,112,475 $1,025,000 32 8 16 22 Richmond
Austin $750,000 243 83 53 15 Collin County
ON Oakville $2,514,900 $2,400,000 132 82 33 17 Seller's ON Toronto $3,799,444 $3,100,000 420 178 54 20 Buyer's
–
State Market Name
$1,749,000 $1,555,000 211 136 46 14 Seller's
ON Waterloo Region $1,474,000 $1,300,000 166 103 49 12 Seller's
TX The Woodlands & Spring $809,000 $741,000 213 119 162 7 Seller's UT Park City $4,250,000 $3,075,000 202 57 16 7 Buyer's
VA Charlottesville $1,300,000 $1,019,000 144 22 44 6 Seller's
ATTACHED HOMES
VA McLean & Vienna $2,750,000 $1,850,000 147 31 61 6 Seller's
SanSanLubbockAngeloAntonio
GTA - York $789,000 $760,444 261 164 88 18 Seller's Hamilton $929,450 $872,500 18 16 8 19 Seller's Mississauga $969,000 $917,500 129 77 32 21 Oakville $1,239,000 27 15 6 22 Seller's Toronto $1,150,000 674 374 170
Arlington & Alexandria $955,000 $992,500 88 40 68 12
TX Collin County $749,000 $717,786 1445 681 627 11 Seller's TX Dallas $1,300,000 $1,004,001 450 209 186 11 Seller's TX Denton County $775,786 $750,000 1101 508 425 9 Seller's
VA Fairfax County $1,999,900 $1,500,000 346 113 152 7 Seller's
VA Arlington & Alexandria $2,250,000 $1,850,000 77 32 49 6 Seller's
WA Spokane $1,150,000 $987,500 135 62 46 9 Seller's
TN Greater Chattanooga $965,000 $824,000 180 49 43 4 Seller's TN Nashville $1,699,900 $1,355,500 653 246 220 4 Seller's TX Austin $1,098,222 $995,000 1242 586 354 9 Seller's
ON Waterloo Region $847,400 $750,000 23 20 11 25
UT Salt Lake City $596,950 $555,000 170 68 73 25
VA Smith Mountain Lake
ON GTA - Durham
TX Lubbock $652,500 $599,950 88 34 28 50 Seller's TX San Angelo $650,000 $594,950 51 27 16 68 Seller's
Cleveland Suburbs
Charlottesville $759,900 $666,013 31 13 10 29
$745,000 $623,250 33 7 4 199 Buyer's The Woodlands & Spring Park City $1,895,000 $2,077,500 99 28 26 13
UT Salt Lake City $1,132,096 $979,000 469 210 157 21 Seller's
TX El Paso $610,800 $583,000 154 53 29 15 Balanced
VA Smith Mountain Lake $1,750,000 $1,325,000 33 9 8 4 Seller's
QC Montreal $1,501,291 90 83 11 55 Buyer's
NAPLESFLORIDA
2022 SEPTEMBER
$4,000,000 - $4,999,999
$10,000,000 - $14,999,999
$3,500,000 - $3,999,999
$2,800,000 - $2,999,999
$9,000,000 - $9,999,999
$6,000,000 - $6,999,999
$8,000,000 - $8,999,999
$2,400,000 - $2,499,999
$3,000,000 - $3,499,999
$20,000,000+
$2,500,000 - $2,599,999
$15,000,000 - $19,999,999
$2,600,000 - $2,799,999
Square-Range-Feet3 -MedianPriceSold- -MedianBedsSold- -MedianBathsSold- -Total-Sold Inventory-Total- Sales -Sold/Inventory-Ratio 0 - 1,999 $2,475,000 3 2 4 14 29% 2,000 - 2,999 $2,900,000 3 3 7 42 17% 3,000 - 3,999 $3,000,000 4 5 5 51 10% 4,000 - 4,999 $5,394,500 4 6 12 50 24% 5,000 - 5,999 $7,175,000 4 6 7 35 20% 6,000+ $17,103,901 5 8 4 40 10% NAPLES SINGLE FAMILY HOMES LUXURY INVENTORY VS. SALES | AUGUST 2022 Luxury Benchmark Price 1: $2,400,000 Balanced Market232Total Inventory: 39Total Sales: 17%Total Sales Ratio2: 1 The luxury threshold price is set by The Institute for Luxury Home Marketing. 2Sales Ratio defines market speed and market type: Buyer's < 14.5%; Balanced >= 14.5 to < 20.5%; Seller's >= 20.5% plus. If >100% MLS® data reported previous month’s sales exceeded current inventory.
$7,000,000 - $7,999,999
Inventory Sales
$5,000,000 - $5,999,999
11 10 23 7 8 14 16 19 39 15 22 20 13 5 10 2 0 3 1 2 3 1 4 4 1 5 5 1 2 5
MEDIAN DATA REVIEW | AUGUST 13 - MONTH LUXURY MARKET TREND 4 SoldsMedian Sales Price Inventory 95 240 134 124 126 132 124 162 196 227 261 246 232 24 52 25 34 56 38 37 69 79 88 40 33 39 $4,362,500 $3,352,500 $4,506,821 $3,825,000 $4,200,000 $3,686,500 $4,200,000 $4,680,000 $3,820,000 $4,210,000 $4,325,000 $5,700,000 $4,200,000 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 3Square foot table does not account for listings and solds where square foot data is not disclosed. 4Data reported includes Active and Sold properties and does not include Pending properties. • The Naples single-family luxury market is a Balanced Market with a 17% Sales Ratio. • Homes sold for a median of 98.33% of list price in August 2022. • The most active price band is $2,400,000-$2,499,999, where the sales ratio is 50% • The median luxury sales price for single-family homes is $4,200,000. • The median days on market for August 2022 was 29 days, down from 42 in August 2021. NAPLES SINGLE FAMILY HOMES NAPLES MARKET SUMMARY | AUGUST 2022 VARIANCE: 144 % 95 232 Aug. 2021 Aug. 2022 TOTAL INVENTORY VARIANCE: 63 % 24 39 TOTAL SOLDS VARIANCE: 4 % $4.36m $4.20m SALES PRICE VARIANCE: 31 % 42 29 DAYS ON MARKET VARIANCE: 1 % 97.56% 98.33% SALE TO LIST PRICE RATIO VARIANCE: 19 % $1,034 $1,229 SALE PRICE PER SQFT. Aug. 2021 Aug. 2022 Aug. 2021 Aug. 2022 Aug. 2021 Aug. 2022 Aug. 2021 Aug. 2022 Aug. 2021 Aug. 2022
Inventory Sales
$4,600,000 - $5,099,999
$4,100,000 - $4,599,999
$3,600,000 - $4,099,999
$5,100,000+
$2,100,000 - $2,599,999
$1,275,000 - $1,399,999
7 3 5 9 12 16 23 5 13 1 3 9 6 8 9 1 1 0 1 1 3 6 0 1 4 0 0 4 4 9
$1,600,000 - $1,699,999
$1,400,000 - $1,499,999
$3,100,000 - $3,599,999
$1,800,000 - $1,899,999
$1,900,000 - $1,999,999
$1,700,000 - $1,799,999
$1,500,000 - $1,599,999
$2,000,000 - $2,099,999
$2,600,000 - $3,099,999
NAPLES ATTACHED HOMES Square-Range-Feet3 -MedianPriceSold- -MedianBedsSold- -MedianBathsSold- -Total-Sold Inventory-Total- Sales -Sold/Inventory-Ratio 0 - 1,499 $1,285,000 2 2 1 7 14% 1,500 - 1,999 $1,572,500 3 2 16 36 44% 2,000 - 2,499 $1,597,500 3 4 4 32 13% 2,500 - 2,999 $2,447,500 3 3 10 22 45% 3,000 - 3,499 $2,850,000 3 4 3 19 16% 3,500+ $1,300,000 4 5 1 13 8% LUXURY INVENTORY VS. SALES | AUGUST 2022 Luxury Benchmark Price 1: $1,275,000 Seller's Market129Total Inventory: 35Total Sales: 27%Total Sales Ratio2: 1 The luxury threshold price is set by The Institute for Luxury Home Marketing. 2Sales Ratio defines market speed and market type: Buyer's < 14.5%; Balanced >= 14.5 to < 20.5%; Seller's >= 20.5% plus. If >100% MLS® data reported previous month’s sales exceeded current inventory.
73 111 81 88 107 83 74 94 106 131 154 140 129 28 55 35 43 64 52 53 83 88 113 70 22 35 $2,380,000 $1,700,000 $1,680,000 $1,800,000 $1,884,000 $2,025,000 $2,250,000 $2,100,000 $1,962,500 $2,200,000 $2,350,000 $2,005,500 $1,800,000 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 SoldsSale Price Inventory 3Square foot table does not account for listings and solds where square foot data is not disclosed. 4Data reported includes Active and Sold properties and does not include Pending properties. 13 - MONTH LUXURY MARKET TREND 4 VARIANCE: 77 % 73 129 VARIANCE: 25 % 28 35 VARIANCE: 24 % $2.38m $1.80m SALES PRICE VARIANCE: 189 % 9 26 DAYS ON MARKET VARIANCE: 4 % 99.03% 95.24% SALE TO LIST PRICE RATIO VARIANCE: 5 % $983 $934 SALE PRICE PER NAPLESSQFT. MARKET SUMMARY | AUGUST 2022 NAPLES ATTACHED HOMES • The Naples attached luxury market is a Seller's Market with a 27% Sales Ratio. • Homes sold for a median of 95.24% of list price in August 2022. • The most active price band is $1,800,000-$1,899,999, where the sales ratio is 400% • The median luxury sales price for attached homes is $1,800,000. • The median days on market for August 2022 was 26 days, up from 9 in August 2021. Aug. 2021 Aug. 2022 Aug. 2021 Aug. 2022 Aug. 2021 Aug. 2022 Aug. 2021 Aug. 2022 Aug. 2021 Aug. 2022 Aug. 2021 Aug. 2022 MEDIAN DATA REVIEW | AUGUST TOTAL INVENTORY TOTAL SOLDS
2022 SEPTEMBER
MARCO FLORIDAISLAND
$3,200,000 - $3,499,999
12 5 2 1 1 4 10 9 7 5 5 16 6 3 5 1 1 0 0 0 1 0 1 3 1 1 3 3 1 0
$3,500,000 - $3,799,999
$2,400,000 - $2,599,999
$1,800,000 - $1,999,999
$2,900,000 - $3,199,999
$1,700,000 - $1,799,999
$1,600,000 - $1,699,999
$1,500,000 - $1,599,999
$3,800,000 - $4,099,999
Inventory Sales
$5,000,000+
$2,000,000 - $2,199,999
Square-Range-Feet3 -MedianPriceSold- -MedianBedsSold- -MedianBathsSold- -Total-Sold Inventory-Total- Sales -Sold/Inventory-Ratio 0 - 1,999 NA NA NA 0 15 0% 2,000 - 2,499 $1,750,000 3 3 5 22 23% 2,500 - 2,999 $1,989,850 3 3 5 22 23% 3,000 - 3,499 $2,596,000 4 4 3 9 33% 3,500 - 3,999 NA NA NA 0 5 0% 4,000+ $4,600,000 5 7 3 18 17% MARCO ISLAND SINGLE FAMILY HOMES LUXURY INVENTORY VS. SALES | AUGUST 2022 Luxury Benchmark Price 1: $1,500,000 Balanced Market91Total Inventory: 16Total Sales: 18%Total Sales Ratio2: 1 The luxury threshold price is set by The Institute for Luxury Home Marketing. 2Sales Ratio defines market speed and market type: Buyer's < 14.5%; Balanced >= 14.5 to < 20.5%; Seller's >= 20.5% plus. If >100% MLS® data reported previous month’s sales exceeded current inventory.
$2,200,000 - $2,399,999
$4,100,000 - $4,399,999
$2,600,000 - $2,899,999
$4,400,000 - $4,999,999
MEDIAN DATA REVIEW | AUGUST 13 - MONTH LUXURY MARKET TREND 4 SoldsMedian Sales Price Inventory 54 54 65 57 48 43 40 68 79 95 113 102 91 11 12 12 15 22 19 21 36 35 20 16 5 16 $2,300,000 $2,000,500 $1,987,500 $2,550,000 $2,185,900 $1,900,000 $2,390,000 $2,650,000 $2,650,000 $2,362,500 $2,425,000 $4,300,000 $2,162,500 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 3Square foot table does not account for listings and solds where square foot data is not disclosed. 4Data reported includes Active and Sold properties and does not include Pending properties. • The Marco Island single-family luxury market is a Balanced Market with an 18% Sales Ratio. • Homes sold for a median of 94.30% of list price in August 2022. • The most active price band is $1,700,000-$1,799,999, where the sales ratio is 50% • The median luxury sales price for single-family homes is $2,162,500. • The median days on market for August 2022 was 54 days, up from 23 in August 2021. MARCO ISLAND SINGLE FAMILY HOMES MARCO ISLAND MARKET SUMMARY | AUGUST 2022 VARIANCE: 69 % 54 91 Aug. 2021 Aug. 2022 TOTAL INVENTORY VARIANCE: 45 % 11 16 TOTAL SOLDS VARIANCE: 6 % $2.30m $2.16m SALES PRICE VARIANCE: 135 % 23 54 DAYS ON MARKET VARIANCE: 2 % 96.37% 94.30% SALE TO LIST PRICE RATIO VARIANCE: 47 % $539 $790 SALE PRICE PER SQFT. Aug. 2021 Aug. 2022 Aug. 2021 Aug. 2022 Aug. 2021 Aug. 2022 Aug. 2021 Aug. 2022 Aug. 2021 Aug. 2022
$2,500,000 - $2,699,999
$1,200,000 - $1,299,999
$3,500,000+
MARCO ISLAND ATTACHED HOMES Square-Range-Feet3 -MedianPriceSold- -MedianBedsSold- -MedianBathsSold- -Total-Sold Inventory-Total- Sales -Sold/Inventory-Ratio 0 - 999 NA NA NA 0 1 0% 1,000 - 1,499 $1,205,000 2 2 4 13 31% 1,500 - 1,999 $1,422,500 3 3 2 8 25% 2,000 - 2,499 $1,599,000 3 3 1 6 17% 2,500 - 2,999 $1,910,000 3 3 2 3 67% 3,000+ NA NA NA 0 6 0% LUXURY INVENTORY VS. SALES | AUGUST 2022 Luxury Benchmark Price 1: $1,000,000 Seller's Market37Total Inventory: 9Total Sales: 24%Total Sales Ratio2: 1 The luxury threshold price is set by The Institute for Luxury Home Marketing. 2Sales Ratio defines market speed and market type: Buyer's < 14.5%; Balanced >= 14.5 to < 20.5%; Seller's >= 20.5% plus. If >100% MLS® data reported previous month’s sales exceeded current inventory.
$1,400,000 - $1,499,999
$1,900,000 - $2,099,999
5 0 0 3 0 2 2 1 8 4 0 2 2 5 3 0 0 0 0 0 0 0 1 1 2 0 1 2 1 1
$1,300,000 - $1,399,999
$1,000,000 - $1,099,999
$1,700,000 - $1,899,999
$2,700,000 - $2,899,999
$2,100,000 - $2,299,999
$2,900,000 - $3,199,999
Inventory Sales
$3,200,000 - $3,499,999
$1,500,000 - $1,699,999
$1,100,000 - $1,199,999
$2,300,000 - $2,499,999
8 11 9 6 4 4 5 14 24 32 35 36 37 9 7 5 4 18 6 2 16 12 21 15 5 9 $1,125,000 $1,300,000 $1,800,000 $1,502,500 $1,450,000 $1,870,000 $2,050,000 $1,745,000 $1,322,500 $1,500,000 $1,265,000 $1,350,000 $1,350,000 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 SoldsSale Price Inventory 3Square foot table does not account for listings and solds where square foot data is not disclosed. 4Data reported includes Active and Sold properties and does not include Pending properties. 13 - MONTH LUXURY MARKET TREND 4 VARIANCE: 363 % 8 37 VARIANCE: 0 % 9 9 VARIANCE: 20 % $1.13m $1.35m SALES PRICE VARIANCE: 56 % 16 25 DAYS ON MARKET VARIANCE: 7 % 97.65% 90.65% SALE TO LIST PRICE RATIO VARIANCE: 36 % $592 $805 SALE PRICE PER SQFT. MARCO ISLAND MARKET SUMMARY | AUGUST 2022 MARCO ISLAND ATTACHED HOMES • The Marco Island attached luxury market is a Seller's Market with a 24% Sales Ratio. • Homes sold for a median of 90.65% of list price in August 2022. • The most active price band is $1,200,000-$1,299,999, where the sales ratio is 100% • The median luxury sales price for attached homes is $1,350,000. • The median days on market for August 2022 was 25 days, up from 16 in August 2021. Aug. 2021 Aug. 2022 Aug. 2021 Aug. 2022 Aug. 2021 Aug. 2022 Aug. 2021 Aug. 2022 Aug. 2021 Aug. 2022 Aug. 2021 Aug. 2022 MEDIAN DATA REVIEW | AUGUST TOTAL INVENTORY TOTAL SOLDS
LEE FLORIDACOUNTY
2022 SEPTEMBER
$2,600,000 - $3,199,999
$1,000,000 -
$5,400,000 - $6,399,999
$1,600,000 - $1,799,999
$6,400,000 - $7,499,999
$1,200,000 - $1,399,999
$925,000$1,099,999-$999,999
Square-Range-Feet3 -MedianPriceSold- -MedianBedsSold- -MedianBathsSold- -Total-Sold Inventory-Total- Sales -Sold/Inventory-Ratio 0 - 1,999 $1,022,513 3 2 12 77 16% 2,000 - 2,499 $1,120,000 3 3 33 181 18% 2,500 - 2,999 $1,490,000 3 3 23 109 21% 3,000 - 3,499 $1,448,500 3 4 22 71 31% 3,500 - 3,999 $1,650,000 4 5 9 35 26% 4,000+ $2,912,500 5 5 14 73 19% LEE COUNTY SINGLE FAMILY HOMES LUXURY INVENTORY VS. SALES | AUGUST 2022 Luxury Benchmark Price 1: $925,000 Seller's Market546Total Inventory: 113Total Sales: 21%Total Sales Ratio2: 1 The luxury threshold price is set by The Institute for Luxury Home Marketing. 2Sales Ratio defines market speed and market type: Buyer's < 14.5%; Balanced >= 14.5 to < 20.5%; Seller's >= 20.5% plus. If >100% MLS® data reported previous month’s sales exceeded current inventory.
Inventory Sales
$3,800,000 - $4,599,999
$1,100,000 - $1,199,999
$3,200,000 - $3,799,999
$4,600,000 - $5,399,999
5 4 8 4 16 19 41 31 48 42 52 91 59 20 106 0 1 2 2 1 3 5 8 8 10 12 26 8 11 16
$2,200,000 - $2,599,999
$1,800,000 - $2,199,999
$7,500,000+
$1,400,000 - $1,599,999
MEDIAN DATA REVIEW | AUGUST 13 - MONTH LUXURY MARKET TREND 4 SoldsMedian Sales Price Inventory 270 254 273 251 226 215 240 277 351 466 571 538 546 77 100 90 115 152 109 124 195 203 215 161 99 113 $1,350,000 $1,290,178 $1,415,000 $1,275,000 $1,359,500 $1,450,000 $1,392,500 $1,300,000 $1,275,000 $1,375,000 $1,300,000 $1,300,000 $1,375,000 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 3Square foot table does not account for listings and solds where square foot data is not disclosed. 4Data reported includes Active and Sold properties and does not include Pending properties. • The Lee County single-family luxury market is a Seller's Market with a 21% Sales Ratio. • Homes sold for a median of 95.48% of list price in August 2022. • The most active price band is $1,000,000-$1,099,999, where the sales ratio is 55% • The median luxury sales price for single-family homes is $1,375,000. • The median days on market for August 2022 was 24 days, up from 8 in August 2021. LEE COUNTY SINGLE FAMILY HOMES LEE COUNTY MARKET SUMMARY | AUGUST 2022 VARIANCE: 102 % 270 546 Aug. 2021 Aug. 2022 TOTAL INVENTORY VARIANCE: 47 % 77 113 TOTAL SOLDS VARIANCE: 2 % $1.35m $1.38m SALES PRICE VARIANCE: 200 % 8 24 DAYS ON MARKET VARIANCE: 4 % 99.17% 95.48% SALE TO LIST PRICE RATIO VARIANCE: 3 % $491 $508 SALE PRICE PER SQFT. Aug. 2021 Aug. 2022 Aug. 2021 Aug. 2022 Aug. 2021 Aug. 2022 Aug. 2021 Aug. 2022 Aug. 2021 Aug. 2022
$1,100,000 - $1,299,999
$2,200,000 - $2,599,999
$1,700,000 - $1,899,999
$1,900,000 - $2,199,999
$2,600,000 - $2,999,999
$1,500,000 - $1,699,999
$1,000,000 -
$3,000,000+
26 1 6 2 4 8 16 7 3 13 30 33 24 22 20 1 0 2 3 1 0 7 3 1 7 13 6 4 11 9
$1,300,000 - $1,499,999
$900,000$1,099,999-$999,999$800,000-$899,999$700,000-$799,999$650,000-$699,999$600,000-$649,999$575,000-$599,999 Inventory Sales LEE COUNTY ATTACHED HOMES Square-Range-Feet3 -MedianPriceSold- -MedianBedsSold- -MedianBathsSold- -Total-Sold Inventory-Total- Sales -Sold/Inventory-Ratio 0 - 999 $650,000 2 2 9 26 35% 1,000 - 1,499 $820,000 2 2 11 51 22% 1,500 - 1,999 $795,000 3 2 21 56 38% 2,000 - 2,499 $815,000 3 3 15 31 48% 2,500 - 2,999 $1,395,000 3 4 7 20 35% 3,000+ $2,328,000 4 4 5 31 16% LUXURY INVENTORY VS. SALES | AUGUST 2022 Luxury Benchmark Price 1: $575,000 Seller's Market215Total Inventory: 68Total Sales: 32%Total Sales Ratio2: 1 The luxury threshold price is set by The Institute for Luxury Home Marketing. 2Sales Ratio defines market speed and market type: Buyer's < 14.5%; Balanced >= 14.5 to < 20.5%; Seller's >= 20.5% plus. If >100% MLS® data reported previous month’s sales exceeded current inventory.
98 86 88 78 71 54 79 93 146 180 211 216 215 64 54 58 49 91 64 75 109 117 120 129 63 68 $770,000 $749,444 $676,250 $750,000 $770,000 $775,000 $799,000 $790,000 $848,000 $820,450 $800,000 $769,500 $825,000 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 SoldsSale Price Inventory 3Square foot table does not account for listings and solds where square foot data is not disclosed. 4Data reported includes Active and Sold properties and does not include Pending properties. 13 - MONTH LUXURY MARKET TREND 4 VARIANCE: 119 % 98 215 VARIANCE: 6 % 64 68 VARIANCE: 7 % $770k $825k SALES PRICE VARIANCE: 57 % 7 11 DAYS ON MARKET VARIANCE: 1 % 100.00% 99.05% SALE TO LIST PRICE RATIO VARIANCE: 8 % $450 $487 SALE PRICE PER SQFT. LEE COUNTY MARKET SUMMARY | AUGUST 2022 LEE COUNTY ATTACHED HOMES • The Lee County attached luxury market is a Seller's Market with a 32% Sales Ratio. • Homes sold for a median of 99.05% of list price in August 2022. • The most active price band is $1,900,000-$2,199,999, where the sales ratio is 150% • The median luxury sales price for attached homes is $825,000. • The median days on market for August 2022 was 11 days, up from 7 in August 2021. Aug. 2021 Aug. 2022 Aug. 2021 Aug. 2022 Aug. 2021 Aug. 2022 Aug. 2021 Aug. 2022 Aug. 2021 Aug. 2022 Aug. 2021 Aug. 2022 MEDIAN DATA REVIEW | AUGUST TOTAL INVENTORY TOTAL SOLDS
BARRY HOEY 239.360.5527 | Barry@SWFLLuxury.com | www.239RealEstateDeals.com
Thank you for taking time to view this report. For more information about this report and the services I can offer you and your luxury property, please give me a call at 239.360.5527.
- Barry Hoey
