Luxury homebuyers and sellers are navigating changing market conditions
7 min read
June 10, 2024


Higher expectations for quality
Luxury buyers are looking for turnkey properties with premium finishes, modern amenities, and exceptional design. Homes that don’t meet these standards are staying on the market longer.
Pricing strategies are shifting
Sellers are adjusting their pricing to match today's realities. While luxury properties still command strong prices, realistic listing values are crucial to attract serious buyers.
Customization is a priority
Buyers are seeking homes that offer personalization options, from custom layouts to bespoke finishes. Flexibility is becoming a key selling point in the luxury market.
Lifestyle-driven purchases
More luxury buyers are prioritizing properties that match their lifestyle goals, whether it's proximity to nature, wellness amenities, or space for remote work and entertainment.
Key market moves right now
Rising demand for turnkey luxury homes
Smarter, more realistic pricing strategies
Focus on personalization and custom features
Growing focus on lifestyle-driven buying

Dylan Carter
Senior Housing Economist