Thinking about a luxury home but haven't found the perfect one? Now might be the ideal time to jump back into your search!
If you've been looking for a high-end home and paused your search, recent data suggests now might be the right time to dive back in. Here’s why.
More Luxury Homes AvailableLuxury homes, typically valued in the top 5% of the market, are increasing in availability. According to the Institute for Luxury Home Marketing, there are significantly more luxury homes on the market now than a year ago, giving you a wider variety to choose from.
Whether you're looking for modern kitchens with chef-grade appliances, stunning views, or smart home technology, the increased inventory means you're more likely to find a home that matches your style and needs.
Rising Luxury Home PricesLuxury home prices have risen by 8.7% over the past year, as reported by HousingWire. This trend has made buyers with the means more eager to purchase, confident that prices will continue to rise.
Buying now, before prices climb even higher and while more homes are available, might be your sweet spot. As prices increase, owning a luxury home can help you build generational wealth. Waiting could mean paying more for the same home later as luxury prices continue to rise.
Ready to find your dream home? Let’s connect and make it happen!
With more luxury homes on the market and prices rising, you have a fantastic opportunity to find your dream home. Interested in exploring the high-end homes available in our area? Let’s connect today and make it happen!
