1391 - High-End Homes Hit Peak Prices as Luxury Investors Scramble for Better Deals by Moriah Costa

BiggerPockets Daily - Un podcast de BiggerPockets

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Home prices are rising across the country, but luxury home prices are skyrocketing. According to data from Redfin, luxury home prices rose twice as fast as non-luxury homes in the first quarter of 2024. But even as prices jumped, sales are still rising, even as prices for non-luxury homes have declined. The median-priced luxury home sold for a record $1.225 million in the first quarter of 2024, up 8.7% year over year. At the same time, sales of luxury homes were up 2%, compared to a decline of 4% in non-luxury homes, which sold at an also-record median of $345,000.  Learn more about your ad choices. Visit megaphone.fm/adchoices

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