Parker Moore Luxury Market Report May 2025

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PARKER MOORE

REALTOR®, CLHMS

Managing Partner

Point Break Properties

843.801.4888

parker@pbp-re.com www.pointbreakpropertiesre.com

Sharpened by over 30 years of savvy expertise, insight, and experience, Point Break Properties is an elite group of top-producing luxury real estate professionals in Charleston. Our agents are relentless advocates for our clients and are passionate about delivering singular, bespoke, and exceptional experiences. The access our advisors have to the most relevant, reliable, & up-to-date industry information and education is paramount. The removal of uncertainty allows our team to expertly advise at every stage of a real estate transaction which enables our clients to make powerful and confident decisions.

Point Break Properties advisors boast backgrounds in Real Estate Appraisal & Property Valuation, Marketing, Commodity Markets, and New Home Construction, to name a few. “Often the real estate process is quite emotional for first-time and primary home buyers and sellers, while what developers and investors are most focused on are the analytics and bottom-line dollars.” Point Break’s diverse experience affords keen insight into residential investments, executive and corporate relocation services, resort/vacation rentals, and allows

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NORTH AMERICAN LUXURY MARKET REVIEW

13-MONTH MARKET TRENDS

SINGLE-FAMILY HOMES MONTHLY OVERVIEW

ATTACHED HOMES MONTHLY OVERVIEW

MONTHLY STATISTICS BY CITY

LUXURY REPORT EXPLAINED

WELCOME MESSAGE

LOCAL LUXURY MARKET REVIEW

THANK YOU

strong location appeal and resilient high-end activity.

This juxtaposition, strong price action and volume in select enclaves versus widespread caution elsewhere, highlights the fragmented state of luxury real estate in 2025. It’s not a market in decline, but one in flux, shaped less by inventory dynamics and more by shifting financial confidence among the world’s wealthiest buyers.

Equally we are seeing a contrast in the actions of those involved in the design of luxury real estate versus those who are building them. On one hand, renowned architects and designers are redefining high-end living with a focus on wellness, sustainability, and personalized design. On the other, builders and developers are grappling with rising costs, economic uncertainty, and shifting buyer behavior that’s forcing a reconsideration of new construction strategies.

CONTRASTING DESIGN TRENDS SHAPING LUXURY LIVING IN 2025

Luxury homes in 2025 are defined by striking contrasts - spaces where high design meets high function, and technology coexists with tranquility. No longer just displays of affluence, these homes are wellnesscentered retreats, designed to enhance physical, emotional, and environmental well-being.

Designers are merging spa-inspired features like infrared saunas, chromotherapy showers, meditation zones, and circadian lighting with smart technology that personalizes everything from lighting to climate and entertainment. AI-powered systems, voice controls, and biometric security are now standard, transforming homes into responsive ecosystems that prioritize both comfort and convenience.

The boundary between indoor and outdoor living continues to dissolve. Expansive retractable glass walls, outdoor kitchens, fire pits, and Zen gardens create a fluid lifestyle - one that embraces fresh air and natural light while offering all the luxuries of interior space. This blending of openness and shelter reflects a growing desire for environments that support relaxation and social connection yearround.

Nature remains central to the aesthetic. Organic materials like stone, wood, and bamboo, along with greenery-filled spaces, living walls, and indoor water features, dominate the visual landscape. Yet alongside this earthy minimalism is a renewed appreciation for the unique and handcrafted. Custom furniture, artisan lighting, and one-of-akind art pieces are increasingly sought after, as homeowners push back against mass production in favor of deeply personal, expressive design.

persist, making it more difficult to source materials and complete projects on schedule.

These pressures are prompting a strategic pivot within the industry. Rather than taking on the financial and operational risks of new construction, many builders and developers are shifting their focus to renovations. The NAHB forecasts strong growth in the remodeling sector in 2025, driven by aging housing stock, high homeowner equity, and a growing preference among consumers to upgrade existing homes rather than build new ones.

Remodeling projects offer a more controlled, lower-risk path in a volatile market. They also align well with current design trends, allowing homeowners to bring wellness features, smart technology, and sustainable materials into the homes they already love—without the cost or complexity of starting from scratch.

In the end, luxury residential real estate in 2025 is being reshaped by both aspiration and adaptation. While the desire for thoughtful, wellness-oriented living is stronger than ever, the realities of construction economics are pushing the industry toward renovation, reinvention, and resourcefulness. The result is a market where the most luxurious homes may not be the newest, but the most intelligently reimagined.

IN CONCLUSION

Working with a trusted luxury property specialist is key to gaining insight into what’s truly happening in your local market.

The art of buying and selling in this environment demands a critical and analytical approach. Setting realistic expectations and staying grounded in current realities will help ensure your goals are met with confidence and clarity.

– 13 - MONTH MARKET TRENDS

THE LUXURY NORTH AMERICAN MARKET

Attached Homes Single-Family List Price Attached List Price Single-Family Homes

All data is based off median values. Median prices represent properties priced above respective city benchmark prices.

$1,700,000

$1,500,000

$1,300,000

$1,100,000

$900,000

$700,000

$500,000

– LUXURY MONTHLY MARKET REVIEW –

A

Review of Key Market Differences Year over Year

SINGLE-FAMILY HOMES

SINGLE-FAMILY HOMES MARKET SUMMARY | MARCH 2025

• Official Market Type: Seller's Market with a 23.57% Sales Ratio.1

• Homes are selling for an average of 98.63% of list price.

• The median luxury threshold2 price is $900,000, and the median luxury home sales price is $1,350,000.

• Markets with the Highest Median Sales Price: Pitkin County ($8,150,000), Ft. Lauderdale ($5,887,500), Eagle County ($5,500,010), and Whistler ($4,750,000).

• Markets with the Highest Sales Ratio: Cleveland Suburbs (79.5%), Silicon Valley (73.6%), Hamilton County, IN (71.2%), and Howard County, MD (70.3%).

1

– LUXURY MONTHLY MARKET REVIEW –

– LUXURY MONTHLY MARKET REVIEW –

– LUXURY MONTHLY MARKET REVIEW –

– LUXURY MONTHLY MARKET REVIEW –

The Luxury Market Report is 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.

Copyright © 2025 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.

2025

CHARLESTON SOUTH CAROLINA

13 - MONTH LUXURY MARKET TREND 4

MEDIAN DATA REVIEW | APRIL

• The median luxury sales price for attached homes is $910,000.

• The median days on market for April 2025 was 14 days, down from 22 in April 2024.

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