The Latest on the Luxury Home Market

Luxury living isn’t just about stunning views or the latest smart home gadgets — it’s about creating a lifestyle that matches your dreams. And if you’ve been thinking about buying a high-end home, now might be the perfect time to make your move.

Here’s why the luxury market is booming — and how you can take advantage of it.

🏡 There Are More Luxury Homes Available Than Ever Before

What exactly is a luxury home? It varies by location, but generally, it’s a home that falls within the top 5% of prices in any given market.

And here’s the exciting news: according to Redfin, luxury home prices have climbed to an all-time high. The median sale price in the U.S. luxury market is now $1.18 million, which is up 9% from last year.

Plus, more of these homes are hitting the market. That means if your budget includes a million-dollar price tag, you’ll have more variety to choose from — whether you want sleek, modern finishes or timeless elegance with top-tier amenities.

💼 A Smart Investment Opportunity

A luxury home isn’t just a place to live — it can also be a powerful long-term investment.

As Redfin reports, luxury home values are rising, and that’s driving many buyers to act now. The Luxury Market Report backs this up, stating that sales are up nearly 15% for single-family luxury homes compared to this time last year.

In short: buying now could put you in a strong position to build future wealth while enjoying the lifestyle you deserve.

✨ The Luxury Lifestyle Awaits

Today’s luxury homes are about more than just space. They’re designed with comfort, convenience, and style in mind. Think:

  • Chef-inspired kitchens with high-end appliances

  • Smart home technology and energy-efficient design

  • Private outdoor spaces, pools, and spa-like bathrooms

  • Gated communities and enhanced security features

Whatever you envision, the growing luxury market means you’re more likely to find it.

Ready To Find the Perfect Luxury Home?

If you’re curious about what luxury looks like in your local market, I’d love to show you. Let’s explore your options, tour beautiful homes, and help you take the next step toward elevated living

Finding ways to make your credit score better could help you get a lower mortgage rate. When you’re ready to get the process started, let’s connect.

Jeremy Kilbourne

Jeremy is Arch Mortgage North’s Lead Loan Officer. Bringing experience, compassion and creativity to the mortgage lending process, Jeremy loves helping clients achieve their home ownership goals.

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