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LUXURY MONTHLY MARKET REVIEW – A Review of Key Market Differences Year over Year
SINGLE-FAMILY HOMES MARKET SUMMARY | MAY 2023
• Official Market Type: Seller's with a 37.01% Sales Ratio.1
• Homes are selling for an average of 99.80% of list price.
• The median luxury threshold2 price is $950,000, and the median luxury home sales price is $1,388,000.
• Markets with the Highest Median Sales Price: Aspen ($20,000,000), Telluride ($4,995,000), Paradise Valley ($4,600,000), and Naples ($4,450,000).
• Markets with the Highest Sales Ratio: East Bay, CA (133%), Howard County, MD (91%), Cleveland Suburbs, OH (86%), and Frederick County, MD (86%).
