{"id":65629,"date":"2019-05-01T06:45:40","date_gmt":"2019-05-01T13:45:40","guid":{"rendered":"https:\/\/redfindevelop.wpengine.com\/blog\/?p=65629"},"modified":"2020-10-06T13:44:32","modified_gmt":"2020-10-06T20:44:32","slug":"luxury-homes-for-sale-price-reduction","status":"publish","type":"post","link":"https:\/\/www.redfin.com\/news\/luxury-homes-for-sale-price-reduction\/","title":{"rendered":"Luxury is Becoming More Attainable. Here\u2019s What Luxury Homes for Sale Look Like Around the Country"},"content":{"rendered":"

For the first time in years, the average sale price for luxury homes nationwide fell to $1.55 million in the first quarter of 2019.<\/span><\/em><\/p>\n

 <\/p>\n

Living luxuriously just became more affordable, relatively speaking. For the first time in nearly three years, the average sale price for luxury homes nationwide <\/span>fell 1.6 percent to $1.55 million in the first quarter of 2019<\/span><\/a>.<\/span><\/p>\n

Which may leave you thinking\u2013’what should I buy?’<\/span>
\n<\/span>
\n<\/span>If you\u2019ve been dreaming of a major upgrade\u2013hello deep soaking tub\u2013now may be the time to turn that into residential reality. We took a look at homes ranging from approximately $1.39 million to $2 million to help visualize this newly attainable level of luxury, both in and outside of major metro areas. Their common theme? An affinity for custom finishes. Grander estates all feature spa-inspired bathrooms, wine cellars, and kitchens guaranteed to make any star chef envious. In large cities like <\/span>New York<\/span><\/a> or <\/span>Los Angeles<\/span><\/a> you\u2019ll find beautiful smaller properties, but to truly feel luxurious, you might just have to look outside the city limits.<\/span><\/p>\n

Which home catches your eye?<\/span><\/p>\n

Washington, DC<\/b><\/span><\/h2>\n

Bethesda, MD | $1,399,900
\n<\/b><\/h3>\n
\"\"<\/figure>\n

This bright <\/span>five-bedroom Bethesda, MD home<\/span><\/a> has graceful 10-foot ceilings and large windows pouring in natural light. A sleek kitchen is a highlight, but the true standouts are an elegant master with a divine spa-like bath, and finished lower level with wet bar and wine cellar. Did we mention that\u2019s all priced under the national average for luxury? <\/span><\/p>\n

San Diego, CA<\/b><\/span><\/h2>\n

San Diego | $1,550,000<\/b><\/h3>\n
\"\"<\/figure>\n

Hello high ceilings\u2013and arched doorways, sleek lighting and an enormous chef\u2019s kitchen. With <\/span>five bedrooms and nearly 4,000 square feet<\/span><\/a>, this massive home also supports a healthy environment. Heating and cooling is energy efficient, with a built-in water softener and reverse osmosis system. Relax in the large backyard, or take advantage of resort-quality amenities in the clubhouse, available to all community residents. <\/span><\/p>\n

Solana Beach | $1,449,000<\/b><\/h3>\n
\"\"<\/figure>\n

If you want to live waterfront in <\/span>San Diego<\/span><\/a> in the same price point, this <\/span>two-story beach townhouse<\/span><\/a> is lovely. Priced just below the central San Diego option above, it has two bedrooms and half the square footage\u2013but it\u2019s hardly a downgrade. Those views! Steps from the ocean, you\u2019ll hear the sound of crashing waves from a picture perfect balcony. The gorgeous master boasts a stunning walk-in shower, a huge custom closet, and ocean views from your bed\u2013pure bliss. <\/span><\/p>\n

San Francisco, CA<\/b><\/span><\/h2>\n

San Francisco | $1,595,000<\/b><\/h3>\n
\"\"<\/figure>\n

Considering how expensive <\/span>San Francisco<\/span><\/a> is, this <\/span>five-bedroom home<\/span><\/a> priced well under $2 million feels like a steal. Beautifully bright and airy, the entire property was recently renovated with thoughtful upscale touches. Gorgeous hardwood floors flow throughout the home, while stylish light fixtures compliment windows flooding the space in natural light. <\/span><\/p>\n

Redwood City | $1,499,000<\/b><\/h3>\n
\"\"<\/figure>\n

Near Silicon Valley, just south of the Bay Area, <\/span>this three-bedroom home<\/span><\/a> is equipped with high-tech upgrades, surrounded by blossoming trees. Look for designer touches like quartz counters, a rustic barn door, and large walk-in shower and soaking tub. A panoramic pocket door opens the living room to the outside seamlessly. <\/span><\/p>\n

Sacramento, CA<\/b><\/span><\/h2>\n

Shingle Springs | $1,750,000<\/b><\/h3>\n
\"\"<\/figure>\n

Outside <\/span>Sacramento<\/span><\/a>, this <\/span>stunning custom-built Tuscan-style estate<\/span><\/a> is situated over five lakeside acres. The level of detail is extraordinary, with imported Travertine flooring, a stone fireplace, spa-inspired bath, and impressive chef’s kitchen. An inner courtyard flanked by columns feels transportive, while a generous wine cellar, home gym and detached casita ooze opulence.<\/span><\/p>\n

Austin, TX<\/b><\/span><\/h2>\n

Austin | $1,799,000<\/b><\/h3>\n
\"\"<\/figure>\n

For the single family home that feels like a castle, <\/span>this impressive six bedroom residence<\/span><\/a> delivers. Built on four acres within a gated community, the home was recently renovated with $275,000 worth of designer finishes and upgrades. The main house is outfitted with a Yamaha audio system, custom chef\u2019s kitchen, and Viking appliances. There\u2019s also a Butler pantry, Nest smart thermostat system, and several terraces. Need more space? Escape to the equally plush separate casita home. <\/span><\/p>\n

New York, NY<\/b><\/span><\/h2>\n

Brooklyn | $1,895,000<\/b><\/h3>\n
\"\"<\/figure>\n

Why live in Manhattan when you can gaze at it from home? <\/span>This lovely apartment<\/span><\/a> in Downtown <\/span>Brooklyn<\/span><\/a> has high ceilings, bamboo flooring, sleek lighting and a gorgeous oversized tub. It\u2019s only one bedroom, though a smaller second room could be used as a home office or additional bedroom. Built in 1910 as a former factory, the building offers luxury amenities like a 24-hour concierge, fitness room, onsite parking, and a 7,500 square foot roof deck. Though, why mingle with the masses? This unit boasts its own private rooftop with breathtaking views.<\/span><\/p>\n

Lawrence | $1,925,000<\/b><\/h3>\n
\"\"<\/figure>\n

New Yorkers know that to gain space without spending a fortune, you\u2019ve got to move out of the city. If you\u2019re willing, it pays off, quite actually. This <\/span>Tudor-style home in Queens<\/span><\/a> is not that much more than the Brooklyn condo, but includes six bedrooms and four and a half baths. Located on a half acre of land with over four stories, the grand foyer has original molding, while other desirable details include hardwood floors and an enclosed porch. <\/span><\/p>\n

Boston, MA<\/b><\/span><\/h2>\n

Winchester | $1,850,000<\/b><\/h3>\n
\"\"<\/figure>\n

This <\/span>brand new construction home<\/span><\/a> is seven miles from downtown <\/span>Boston<\/span><\/a>, with five bedrooms, custom window treatments, a chic kitchen, and upscale bathroom fixtures. Spread over four levels, there\u2019s 4,500 square feet of exquisite amenities, as well as a patio and fenced-in yard.<\/span><\/p>\n

Dallas, TX<\/b><\/span><\/h2>\n

Dallas | $1,745,000<\/b><\/h3>\n
\"\"<\/figure>\n

This home must be the future of luxury given the futuristic vibes it exudes. This<\/span> effortlessly mod five-bedroom home<\/span><\/a> was custom built with smart technology in mind. Features are environmentally friendly and designed to be energy efficient, with Tesla Powerwall batteries, solar panels, electrical vehicle outlets, Nest thermostat, and radiant flooring. Smart yes, but also luxurious\u2013interiors include polished concrete floors, museum-like walls, Caesarstone quartz, motion-activated ambient light, and a salt water pool. <\/span><\/p>\n

Flower Mound | $2,000,000<\/b><\/h3>\n
\"\"<\/figure>\n

Located between <\/span>Dallas<\/span><\/a> and <\/span>Fort Worth<\/span><\/a>, every detail in this <\/span>elegant six bedroom estate<\/span><\/a> is customized. Stone, wood and marble dominate interiors, which also includes a screening room, wet bar, wine cellar, palatial baths, and enormous closets. A wraparound terrace overlooks a grotto-like pool and rolling green lawns. <\/span><\/p>\n

Los Angeles, CA<\/b><\/span><\/h2>\n

Los Angeles | $1,698,000<\/b><\/h3>\n
\"\"<\/figure>\n

This gated <\/span>three-bedroom Mediterranean-style home<\/span><\/a> has an open concept living and dining area, ideal for entertaining. Just one block from <\/span>West Hollywood<\/span><\/a>, the cherry wood floors are as eye-catching as the master with walk-in closet, private outdoor access, and jetted bath.<\/span><\/p>\n

Chatsworth | $1,749,000<\/b><\/h3>\n
\"\"<\/figure>\n

Outside the city, this residence delivers three times the space than its similarly priced Hollywood counterpart. This <\/span>five-bedroom Valley custom-built home<\/span><\/a> is in a gated community with nearly 7,000 square feet of upscale living. A large gourmet kitchen has double islands, stainless steel Thermador appliances, custom wood, and granite countertops. There’s also custom Travertine floors, crown molding, dry sauna, and an expansive master bath. Grab a bottle from the wine cellar and catch a flick in the screening room. <\/span><\/p>\n

Seattle, WA<\/b><\/span><\/h2>\n

Seattle | $1,995,900<\/b><\/p>\n

\"\"<\/figure>\n

Nestled among the trees, <\/span>this idyllic abode<\/span><\/a> is stunning from the inside and out. A white stone facade houses glam such as soaring windows, a chef\u2019s kitchen with double ovens and dishwashers, as well as curved staircases, tranquil terraces, ample bedrooms and space for entertaining. \u00a0<\/span><\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

For the first time in years, the average sale price for luxury homes nationwide fell to $1.55 million in the first quarter of 2019.<\/p>\n","protected":false},"author":13190,"featured_media":65652,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[8,24],"tags":[18],"coauthors":[],"class_list":["post-65629","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-housing-market-news","category-luxury-market","tag-luxury-report"],"acf":[],"yoast_head":"\nLuxury is Becoming More Attainable. 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