{"id":83026,"date":"2025-11-21T05:00:28","date_gmt":"2025-11-21T13:00:28","guid":{"rendered":"https:\/\/www.redfin.com\/news\/?p=83026"},"modified":"2025-11-20T10:41:47","modified_gmt":"2025-11-20T18:41:47","slug":"luxury-homes-market-october-2025","status":"publish","type":"post","link":"https:\/\/www.redfin.com\/news\/luxury-homes-market-october-2025\/","title":{"rendered":"U.S. Luxury Home Prices Jump 5.5% in October, Triple the Pace of Non-Luxury Homes"},"content":{"rendered":"<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><i><span style=\"font-weight: 400;\">Luxury home sale prices rose 5.5% year over year to a median $1,278,950, a record high for October. Non-luxury home prices grew 1.8% to a median $373,249.<\/span><\/i><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><i><span style=\"font-weight: 400;\">Luxury home sales increased 2.9% year over year, while non-luxury sales rose 0.7%; both remain near decade-low October levels.<\/span><\/i><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><i><span style=\"font-weight: 400;\">Luxury inventory climbed 6.4% year over year, compared with a 9.5% increase in non-luxury inventory, with both categories posting their highest October levels in at least five years.<\/span><\/i><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><i><span style=\"font-weight: 400;\">Luxury home prices rose most in Warren, MI (+14.9%), Milwaukee (+13.5%), and San Jose, CA (+11.9%). The only declines were in Tampa, FL (-2.9%) and Oakland, CA (-2.4%).<\/span><\/i><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">U.S. luxury home sale prices rose 5.5% year over year to a median $1.28 million, a record high for the month of October. Luxury home prices are growing roughly three times faster than\u00a0 non-luxury prices, which rose 1.8% to a median of $373,249.<\/span><\/p>\n<div id=\"datawrapper-vis-j3nEQ\" style=\"min-height: 443px;\"><script type=\"text\/javascript\" defer src=\"https:\/\/datawrapper.dwcdn.net\/j3nEQ\/embed.js\" charset=\"utf-8\" data-target=\"#datawrapper-vis-j3nEQ\"><\/script><noscript><img decoding=\"async\" src=\"https:\/\/datawrapper.dwcdn.net\/j3nEQ\/full.png\" alt=\"Luxury Home Prices Continue To Outpace Non-Luxury Prices (Line chart)\" \/><\/noscript><\/div>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">That\u2019s according to an analysis of home sales from August through October 2025. Redfin defines <\/span><i><span style=\"font-weight: 400;\">luxury homes<\/span><\/i><span style=\"font-weight: 400;\"> as those estimated to be in the top 5% of their metro area\u2019s price range, while <\/span><i><span style=\"font-weight: 400;\">non-luxury homes<\/span><\/i><span style=\"font-weight: 400;\"> fall into the middle 35th\u201365th percentile. All figures are based on rolling three-month periods and are subject to revision.<\/span><\/p>\n<h2><b>Luxury home prices are consistently outpacing non-luxury prices<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Price growth at the high end outpaced the middle of the market again in October, a trend that has persisted for much of the past two years. The difference in price growth between luxury and non-luxury homes underscores how differently wealthy buyers are behaving compared with typical move-up or first-time buyers.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cLuxury buyers are still able to move forward in ways that many typical buyers can\u2019t right now, whether that\u2019s because they\u2019re paying in cash, benefiting from stock-market gains, or taking out smaller loans,\u201d said Redfin Senior Economist Sheharyar Bokhari. \u201cThose advantages make them less sensitive to high mortgage rates, which helps keep demand at the top of the market steadier. In contrast, a lot of middle-income buyers are holding off until monthly payments come down or their financial outlook improves.\u201d<\/span><\/p>\n<h2><b>Luxury home sales rise 2.9%, but hover near historic lows<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Closed sales in both the luxury and non-luxury segments rose from a year earlier, but remain close to their lowest October levels over the past decade. Luxury home sales were up 2.9% year over year and non-luxury sales rose 0.7%, but both increases are off historically low baselines as higher mortgage rates and elevated prices continue to suppress overall activity.<\/span><\/p>\n<div id=\"datawrapper-vis-xw5Oa\" style=\"min-height: 443px;\"><script type=\"text\/javascript\" defer src=\"https:\/\/datawrapper.dwcdn.net\/xw5Oa\/embed.js\" charset=\"utf-8\" data-target=\"#datawrapper-vis-xw5Oa\"><\/script><noscript><img decoding=\"async\" src=\"https:\/\/datawrapper.dwcdn.net\/xw5Oa\/full.png\" alt=\"Luxury Home Sales Outpace Non-Luxury Sales (Line chart)\" \/><\/noscript><\/div>\n<p>&nbsp;<\/p>\n<div id=\"datawrapper-vis-ltgD5\" style=\"min-height: 294px;\"><script type=\"text\/javascript\" defer src=\"https:\/\/datawrapper.dwcdn.net\/ltgD5\/embed.js\" charset=\"utf-8\" data-target=\"#datawrapper-vis-ltgD5\"><\/script><noscript><img decoding=\"async\" src=\"https:\/\/datawrapper.dwcdn.net\/ltgD5\/full.png\" alt=\"Luxury and Non-Luxury Home Sales Near Historic Lows (Small multiple column chart)\" \/><\/noscript><\/div>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">\u201cThe luxury market has been a little more protected over the past year, compared to non-luxury or starter homes,\u201d said <a href=\"https:\/\/www.redfin.com\/real-estate-agents\/jonathan-buch\">Jonathan Buch<\/a>, a Redfin Premier Agent in West Palm Beach, FL. \u201cAffordability challenges have made it more difficult to sell homes priced under $800,000, but high-end properties are still moving.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Pending sales rose 2.1% for luxury homes and 1.4% for non-luxury homes from a year earlier.\u00a0<\/span><\/p>\n<h2><b>Luxury home inventory climbs 6.4% from a year earlier<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The number of luxury homes for sale rose 6.4% year over year to a five-year high, while non-luxury inventory rose even more\u20149.5%\u2014to the highest October level since 2019.<\/span><\/p>\n<div id=\"datawrapper-vis-OSAaS\" style=\"min-height: 443px;\"><script type=\"text\/javascript\" defer src=\"https:\/\/datawrapper.dwcdn.net\/OSAaS\/embed.js\" charset=\"utf-8\" data-target=\"#datawrapper-vis-OSAaS\"><\/script><noscript><img decoding=\"async\" src=\"https:\/\/datawrapper.dwcdn.net\/OSAaS\/full.png\" alt=\"Non-Luxury Inventory Rising Faster Than Luxury (Line chart)\" \/><\/noscript><\/div>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">The number of homes for sale in both categories have been trending higher over the past two years, but remain well below pre-pandemic levels.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">New listings of luxury homes were up 2.3% from a year ago, while non-luxury listings slipped 1.7%.\u00a0<\/span><\/p>\n<h2><b>Luxury and non-luxury homes are taking six days longer to sell than last year<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The typical luxury home took 58 days to sell in October, six days longer from a year ago. Non-luxury homes also took six days longer to sell than last year, with a median of 45 days on the market.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Early-contract activity also reflected a slower market, with the share of luxury listings going under contract within two weeks (26.7%) falling 0.6 percentage points from last year. The share of non-luxury homes going under contract in less than two weeks posted a steeper decline, dropping 2.9 percentage points to 31.3%.<\/span><\/p>\n<h2><b>Metro-Level Luxury Highlights: October 2025<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Redfin\u2019s metro-level luxury data includes the 50 most populous U.S. metros. All changes below are <\/span><b>year over year<\/b><span style=\"font-weight: 400;\">.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Prices:<\/b><span style=\"font-weight: 400;\"> Luxury prices rose most in Warren, MI (+14.9% to $1.09 million), Milwaukee, WI (+13.5% to $1.14 million), and San Jose, CA (+11.9% to $5.60 million). The only declines were in Tampa, FL (-2.9% to $1.44 million) and Oakland, CA (-2.4% to $2.93 million).<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Sales:<\/b><span style=\"font-weight: 400;\"> Luxury sales rose most in Nashville, TN (+20.3%), Kansas City, MO (+16.5%), and Riverside, CA (+16.4%). They fell most in Philadelphia (-15.4%), Detroit (-14.5%), and Nassau County, NY (-8.7%).<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Active Listings:<\/b><span style=\"font-weight: 400;\"> Luxury inventory grew fastest in Tampa (+36.5%), Nashville (+17.1%), and Baltimore (+16.4%). It declined most in Philadelphia (-18.3%), San Jose (-18.3%) and Chicago (-13.1%).<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>New Listings:<\/b><span style=\"font-weight: 400;\"> New luxury listings rose most in Tampa (+31.6%), Kansas City (+25.2%), and Washington, D.C. (+12.4%). They fell most in Milwaukee (-24.9%), Anaheim, CA (-19.3%), and Nassau County, NY (-15.0%).<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Speed of Sales:<\/b><span style=\"font-weight: 400;\"> Luxury homes sold fastest in San Jose, CA (12 days), Oakland, CA (17 days) and Seattle (21 days). They sold slowest in Miami (139 days), West Palm Beach, FL (120 days), and Fort Lauderdale, FL (113 days).<\/span><\/li>\n<\/ul>\n<h2><b style=\"font-style: inherit;\">Luxury Housing-Market by Metro Area: October 2025<\/b><\/h2>\n<p><b><i>50 most populous U.S. metros<\/i><\/b><\/p>\n<p><i><span style=\"font-weight: 400;\">Luxury homes are defined as those estimated to be in the top 5% of their respective metro area based on prices of homes sold over a rolling 12-month period<\/span><\/i><\/p>\n\n<table id=\"tablepress-497\" class=\"tablepress tablepress-id-497\">\n<thead>\n<tr class=\"row-1\">\n\t<th class=\"column-1\"><strong>Metro<\/strong><\/th><th class=\"column-2\"><strong>Median Sale Price<\/strong><\/th><th class=\"column-3\"><strong>Median Sale Price YoY<\/strong><\/th><th class=\"column-4\"><strong>Homes Sold YoY<\/strong><\/th><th class=\"column-5\"><strong>Pending Sales YoY<\/strong><\/th><th class=\"column-6\"><strong>Active Listings YoY<\/strong><\/th><th class=\"column-7\"><strong>Median Days On Market<\/strong><\/th>\n<\/tr>\n<\/thead>\n<tbody class=\"row-striping row-hover\">\n<tr class=\"row-2\">\n\t<td class=\"column-1\">Anaheim, CA<\/td><td class=\"column-2\">$5,035,487<\/td><td class=\"column-3\">6.2%<\/td><td class=\"column-4\">-0.7%<\/td><td class=\"column-5\">-2.5%<\/td><td class=\"column-6\">-3.3%<\/td><td class=\"column-7\">90<\/td>\n<\/tr>\n<tr class=\"row-3\">\n\t<td class=\"column-1\">Atlanta, GA<\/td><td class=\"column-2\">$1,405,748<\/td><td class=\"column-3\">8.5%<\/td><td class=\"column-4\">-0.4%<\/td><td class=\"column-5\">-4.0%<\/td><td class=\"column-6\">0.8%<\/td><td class=\"column-7\">63<\/td>\n<\/tr>\n<tr class=\"row-4\">\n\t<td class=\"column-1\">Austin, TX<\/td><td class=\"column-2\">$1,732,356<\/td><td class=\"column-3\">1.2%<\/td><td class=\"column-4\">1.6%<\/td><td class=\"column-5\">-1.4%<\/td><td class=\"column-6\">-5.7%<\/td><td class=\"column-7\">104<\/td>\n<\/tr>\n<tr class=\"row-5\">\n\t<td class=\"column-1\">Baltimore, MD<\/td><td class=\"column-2\">$1,232,546<\/td><td class=\"column-3\">4.9%<\/td><td class=\"column-4\">1.3%<\/td><td class=\"column-5\">-0.2%<\/td><td class=\"column-6\">16.4%<\/td><td class=\"column-7\">44<\/td>\n<\/tr>\n<tr class=\"row-6\">\n\t<td class=\"column-1\">Boston, MA<\/td><td class=\"column-2\">$2,724,647<\/td><td class=\"column-3\">5.9%<\/td><td class=\"column-4\">6.7%<\/td><td class=\"column-5\">3.2%<\/td><td class=\"column-6\">3.9%<\/td><td class=\"column-7\">43<\/td>\n<\/tr>\n<tr class=\"row-7\">\n\t<td class=\"column-1\">Charlotte, NC<\/td><td class=\"column-2\">$1,660,855<\/td><td class=\"column-3\">7.5%<\/td><td class=\"column-4\">-5.2%<\/td><td class=\"column-5\">-4.4%<\/td><td class=\"column-6\">5.5%<\/td><td class=\"column-7\">64<\/td>\n<\/tr>\n<tr class=\"row-8\">\n\t<td class=\"column-1\">Chicago, IL<\/td><td class=\"column-2\">$1,481,501<\/td><td class=\"column-3\">4.9%<\/td><td class=\"column-4\">1.3%<\/td><td class=\"column-5\">0.7%<\/td><td class=\"column-6\">-13.1%<\/td><td class=\"column-7\">58<\/td>\n<\/tr>\n<tr class=\"row-9\">\n\t<td class=\"column-1\">Cincinnati, OH<\/td><td class=\"column-2\">$948,907<\/td><td class=\"column-3\">7.5%<\/td><td class=\"column-4\">-1.8%<\/td><td class=\"column-5\">-10.1%<\/td><td class=\"column-6\">-1.3%<\/td><td class=\"column-7\">52<\/td>\n<\/tr>\n<tr class=\"row-10\">\n\t<td class=\"column-1\">Cleveland, OH<\/td><td class=\"column-2\">$819,742<\/td><td class=\"column-3\">9.2%<\/td><td class=\"column-4\">-0.2%<\/td><td class=\"column-5\">33.1%<\/td><td class=\"column-6\">8.4%<\/td><td class=\"column-7\">35<\/td>\n<\/tr>\n<tr class=\"row-11\">\n\t<td class=\"column-1\">Columbus, OH<\/td><td class=\"column-2\">$973,781<\/td><td class=\"column-3\">3.7%<\/td><td class=\"column-4\">1.7%<\/td><td class=\"column-5\">5.2%<\/td><td class=\"column-6\">12.0%<\/td><td class=\"column-7\">45<\/td>\n<\/tr>\n<tr class=\"row-12\">\n\t<td class=\"column-1\">Dallas, TX<\/td><td class=\"column-2\">$1,599,923<\/td><td class=\"column-3\">7.7%<\/td><td class=\"column-4\">-1.9%<\/td><td class=\"column-5\">-2.4%<\/td><td class=\"column-6\">12.6%<\/td><td class=\"column-7\">62<\/td>\n<\/tr>\n<tr class=\"row-13\">\n\t<td class=\"column-1\">Denver, CO<\/td><td class=\"column-2\">$1,963,439<\/td><td class=\"column-3\">6.9%<\/td><td class=\"column-4\">5.2%<\/td><td class=\"column-5\">-6.4%<\/td><td class=\"column-6\">5.7%<\/td><td class=\"column-7\">52<\/td>\n<\/tr>\n<tr class=\"row-14\">\n\t<td class=\"column-1\">Detroit, MI<\/td><td class=\"column-2\">$720,846<\/td><td class=\"column-3\">3.8%<\/td><td class=\"column-4\">-14.5%<\/td><td class=\"column-5\">-10.5%<\/td><td class=\"column-6\">4.8%<\/td><td class=\"column-7\">22<\/td>\n<\/tr>\n<tr class=\"row-15\">\n\t<td class=\"column-1\">Fort Lauderdale, FL<\/td><td class=\"column-2\">$2,049,013<\/td><td class=\"column-3\">3.3%<\/td><td class=\"column-4\">-5.8%<\/td><td class=\"column-5\">-5.9%<\/td><td class=\"column-6\">0.9%<\/td><td class=\"column-7\">113<\/td>\n<\/tr>\n<tr class=\"row-16\">\n\t<td class=\"column-1\">Fort Worth, TX<\/td><td class=\"column-2\">$1,185,025<\/td><td class=\"column-3\">4.2%<\/td><td class=\"column-4\">10.4%<\/td><td class=\"column-5\">-7.1%<\/td><td class=\"column-6\">13.2%<\/td><td class=\"column-7\">62<\/td>\n<\/tr>\n<tr class=\"row-17\">\n\t<td class=\"column-1\">Houston, TX<\/td><td class=\"column-2\">$1,298,760<\/td><td class=\"column-3\">4.7%<\/td><td class=\"column-4\">1.9%<\/td><td class=\"column-5\">7.2%<\/td><td class=\"column-6\">5.2%<\/td><td class=\"column-7\">52<\/td>\n<\/tr>\n<tr class=\"row-18\">\n\t<td class=\"column-1\">Indianapolis, IN<\/td><td class=\"column-2\">$964,147<\/td><td class=\"column-3\">8.0%<\/td><td class=\"column-4\">13.1%<\/td><td class=\"column-5\">11.8%<\/td><td class=\"column-6\">5.5%<\/td><td class=\"column-7\">28<\/td>\n<\/tr>\n<tr class=\"row-19\">\n\t<td class=\"column-1\">Jacksonville, FL<\/td><td class=\"column-2\">$1,487,310<\/td><td class=\"column-3\">0.5%<\/td><td class=\"column-4\">9.5%<\/td><td class=\"column-5\">6.4%<\/td><td class=\"column-6\">-3.2%<\/td><td class=\"column-7\">101<\/td>\n<\/tr>\n<tr class=\"row-20\">\n\t<td class=\"column-1\">Kansas City, MO<\/td><td class=\"column-2\">$1,049,076<\/td><td class=\"column-3\">7.5%<\/td><td class=\"column-4\">16.5%<\/td><td class=\"column-5\">7.7%<\/td><td class=\"column-6\">-1.6%<\/td><td class=\"column-7\">35<\/td>\n<\/tr>\n<tr class=\"row-21\">\n\t<td class=\"column-1\">Las Vegas, NV<\/td><td class=\"column-2\">$1,576,924<\/td><td class=\"column-3\">8.5%<\/td><td class=\"column-4\">-0.3%<\/td><td class=\"column-5\">5.6%<\/td><td class=\"column-6\">11.8%<\/td><td class=\"column-7\">80<\/td>\n<\/tr>\n<tr class=\"row-22\">\n\t<td class=\"column-1\">Los Angeles, CA<\/td><td class=\"column-2\">$4,451,542<\/td><td class=\"column-3\">6.8%<\/td><td class=\"column-4\">5.2%<\/td><td class=\"column-5\">5.1%<\/td><td class=\"column-6\">-0.3%<\/td><td class=\"column-7\">74<\/td>\n<\/tr>\n<tr class=\"row-23\">\n\t<td class=\"column-1\">Miami, FL<\/td><td class=\"column-2\">$4,275,412<\/td><td class=\"column-3\">5.3%<\/td><td class=\"column-4\">12.4%<\/td><td class=\"column-5\">10.1%<\/td><td class=\"column-6\">-4.0%<\/td><td class=\"column-7\">139<\/td>\n<\/tr>\n<tr class=\"row-24\">\n\t<td class=\"column-1\">Milwaukee, WI<\/td><td class=\"column-2\">$1,138,875<\/td><td class=\"column-3\">13.5%<\/td><td class=\"column-4\">1.5%<\/td><td class=\"column-5\">-0.9%<\/td><td class=\"column-6\">-11.0%<\/td><td class=\"column-7\">61<\/td>\n<\/tr>\n<tr class=\"row-25\">\n\t<td class=\"column-1\">Minneapolis, MN<\/td><td class=\"column-2\">$1,204,097<\/td><td class=\"column-3\">1.9%<\/td><td class=\"column-4\">7.7%<\/td><td class=\"column-5\">7.0%<\/td><td class=\"column-6\">1.7%<\/td><td class=\"column-7\">34<\/td>\n<\/tr>\n<tr class=\"row-26\">\n\t<td class=\"column-1\">Montgomery County, PA<\/td><td class=\"column-2\">$1,521,492<\/td><td class=\"column-3\">9.6%<\/td><td class=\"column-4\">3.2%<\/td><td class=\"column-5\">-7.6%<\/td><td class=\"column-6\">2.9%<\/td><td class=\"column-7\">46<\/td>\n<\/tr>\n<tr class=\"row-27\">\n\t<td class=\"column-1\">Nashville, TN<\/td><td class=\"column-2\">$2,130,471<\/td><td class=\"column-3\">8.3%<\/td><td class=\"column-4\">20.3%<\/td><td class=\"column-5\">6.1%<\/td><td class=\"column-6\">17.1%<\/td><td class=\"column-7\">93<\/td>\n<\/tr>\n<tr class=\"row-28\">\n\t<td class=\"column-1\">Nassau County, NY<\/td><td class=\"column-2\">$2,605,577<\/td><td class=\"column-3\">8.0%<\/td><td class=\"column-4\">-8.7%<\/td><td class=\"column-5\">-6.2%<\/td><td class=\"column-6\">-3.5%<\/td><td class=\"column-7\">50<\/td>\n<\/tr>\n<tr class=\"row-29\">\n\t<td class=\"column-1\">New Brunswick, NJ<\/td><td class=\"column-2\">$1,985,394<\/td><td class=\"column-3\">7.8%<\/td><td class=\"column-4\">2.8%<\/td><td class=\"column-5\">-7.1%<\/td><td class=\"column-6\">-11.0%<\/td><td class=\"column-7\">37<\/td>\n<\/tr>\n<tr class=\"row-30\">\n\t<td class=\"column-1\">New York, NY<\/td><td class=\"column-2\">$4,152,892<\/td><td class=\"column-3\">10.4%<\/td><td class=\"column-4\">-0.6%<\/td><td class=\"column-5\">-9.8%<\/td><td class=\"column-6\">2.1%<\/td><td class=\"column-7\">78<\/td>\n<\/tr>\n<tr class=\"row-31\">\n\t<td class=\"column-1\">Newark, NJ<\/td><td class=\"column-2\">$1,940,967<\/td><td class=\"column-3\">3.3%<\/td><td class=\"column-4\">6.2%<\/td><td class=\"column-5\">0.0%<\/td><td class=\"column-6\">-9.7%<\/td><td class=\"column-7\">37<\/td>\n<\/tr>\n<tr class=\"row-32\">\n\t<td class=\"column-1\">Oakland, CA<\/td><td class=\"column-2\">$2,930,768<\/td><td class=\"column-3\">-2.4%<\/td><td class=\"column-4\">15.4%<\/td><td class=\"column-5\">12.1%<\/td><td class=\"column-6\">6.2%<\/td><td class=\"column-7\">17<\/td>\n<\/tr>\n<tr class=\"row-33\">\n\t<td class=\"column-1\">Orlando, FL<\/td><td class=\"column-2\">$1,455,325<\/td><td class=\"column-3\">7.5%<\/td><td class=\"column-4\">2.2%<\/td><td class=\"column-5\">-12.6%<\/td><td class=\"column-6\">-4.4%<\/td><td class=\"column-7\">54<\/td>\n<\/tr>\n<tr class=\"row-34\">\n\t<td class=\"column-1\">Philadelphia, PA<\/td><td class=\"column-2\">$1,342,684<\/td><td class=\"column-3\">8.9%<\/td><td class=\"column-4\">-15.4%<\/td><td class=\"column-5\">-18.3%<\/td><td class=\"column-6\">-18.3%<\/td><td class=\"column-7\">46<\/td>\n<\/tr>\n<tr class=\"row-35\">\n\t<td class=\"column-1\">Phoenix, AZ<\/td><td class=\"column-2\">$1,997,588<\/td><td class=\"column-3\">5.8%<\/td><td class=\"column-4\">0.8%<\/td><td class=\"column-5\">1.7%<\/td><td class=\"column-6\">6.7%<\/td><td class=\"column-7\">79<\/td>\n<\/tr>\n<tr class=\"row-36\">\n\t<td class=\"column-1\">Pittsburgh, PA<\/td><td class=\"column-2\">$897,124<\/td><td class=\"column-3\">4.6%<\/td><td class=\"column-4\">-1.7%<\/td><td class=\"column-5\">-1.9%<\/td><td class=\"column-6\">3.1%<\/td><td class=\"column-7\">67<\/td>\n<\/tr>\n<tr class=\"row-37\">\n\t<td class=\"column-1\">Portland, OR<\/td><td class=\"column-2\">$1,417,482<\/td><td class=\"column-3\">0.5%<\/td><td class=\"column-4\">0.0%<\/td><td class=\"column-5\">-0.9%<\/td><td class=\"column-6\">12.0%<\/td><td class=\"column-7\">48<\/td>\n<\/tr>\n<tr class=\"row-38\">\n\t<td class=\"column-1\">Providence, RI<\/td><td class=\"column-2\">$1,616,502<\/td><td class=\"column-3\">7.1%<\/td><td class=\"column-4\">8.5%<\/td><td class=\"column-5\">-4.8%<\/td><td class=\"column-6\">0.9%<\/td><td class=\"column-7\">39<\/td>\n<\/tr>\n<tr class=\"row-39\">\n\t<td class=\"column-1\">Riverside, CA<\/td><td class=\"column-2\">$1,609,836<\/td><td class=\"column-3\">2.5%<\/td><td class=\"column-4\">16.4%<\/td><td class=\"column-5\">23.0%<\/td><td class=\"column-6\">5.9%<\/td><td class=\"column-7\">79<\/td>\n<\/tr>\n<tr class=\"row-40\">\n\t<td class=\"column-1\">Sacramento, CA<\/td><td class=\"column-2\">$1,776,208<\/td><td class=\"column-3\">5.0%<\/td><td class=\"column-4\">8.8%<\/td><td class=\"column-5\">7.3%<\/td><td class=\"column-6\">4.0%<\/td><td class=\"column-7\">61<\/td>\n<\/tr>\n<tr class=\"row-41\">\n\t<td class=\"column-1\">San Antonio, TX<\/td><td class=\"column-2\">$951,035<\/td><td class=\"column-3\">3.6%<\/td><td class=\"column-4\">2.4%<\/td><td class=\"column-5\">-7.6%<\/td><td class=\"column-6\">10.9%<\/td><td class=\"column-7\">91<\/td>\n<\/tr>\n<tr class=\"row-42\">\n\t<td class=\"column-1\">San Diego, CA<\/td><td class=\"column-2\">$3,695,865<\/td><td class=\"column-3\">4.8%<\/td><td class=\"column-4\">5.9%<\/td><td class=\"column-5\">-6.7%<\/td><td class=\"column-6\">6.1%<\/td><td class=\"column-7\">67<\/td>\n<\/tr>\n<tr class=\"row-43\">\n\t<td class=\"column-1\">San Francisco, CA<\/td><td class=\"column-2\">$6,439,094<\/td><td class=\"column-3\">5.4%<\/td><td class=\"column-4\">9.2%<\/td><td class=\"column-5\">15.7%<\/td><td class=\"column-6\">-7.8%<\/td><td class=\"column-7\">23<\/td>\n<\/tr>\n<tr class=\"row-44\">\n\t<td class=\"column-1\">San Jose, CA<\/td><td class=\"column-2\">$5,598,933<\/td><td class=\"column-3\">11.9%<\/td><td class=\"column-4\">-8.2%<\/td><td class=\"column-5\">-4.9%<\/td><td class=\"column-6\">-18.3%<\/td><td class=\"column-7\">12<\/td>\n<\/tr>\n<tr class=\"row-45\">\n\t<td class=\"column-1\">Seattle, WA<\/td><td class=\"column-2\">$3,079,013<\/td><td class=\"column-3\">5.1%<\/td><td class=\"column-4\">-5.3%<\/td><td class=\"column-5\">-10.5%<\/td><td class=\"column-6\">12.6%<\/td><td class=\"column-7\">21<\/td>\n<\/tr>\n<tr class=\"row-46\">\n\t<td class=\"column-1\">St. Louis, MO<\/td><td class=\"column-2\">$960,207<\/td><td class=\"column-3\">4.1%<\/td><td class=\"column-4\">6.4%<\/td><td class=\"column-5\">10.7%<\/td><td class=\"column-6\">7.4%<\/td><td class=\"column-7\">22<\/td>\n<\/tr>\n<tr class=\"row-47\">\n\t<td class=\"column-1\">Tampa, FL<\/td><td class=\"column-2\">$1,435,734<\/td><td class=\"column-3\">-2.9%<\/td><td class=\"column-4\">13.5%<\/td><td class=\"column-5\">14.2%<\/td><td class=\"column-6\">36.5%<\/td><td class=\"column-7\">58<\/td>\n<\/tr>\n<tr class=\"row-48\">\n\t<td class=\"column-1\">Virginia Beach, VA<\/td><td class=\"column-2\">$1,063,051<\/td><td class=\"column-3\">4.6%<\/td><td class=\"column-4\">6.3%<\/td><td class=\"column-5\">-3.4%<\/td><td class=\"column-6\">8.9%<\/td><td class=\"column-7\">49<\/td>\n<\/tr>\n<tr class=\"row-49\">\n\t<td class=\"column-1\">Warren, MI<\/td><td class=\"column-2\">$1,086,086<\/td><td class=\"column-3\">14.9%<\/td><td class=\"column-4\">-6.8%<\/td><td class=\"column-5\">-12.7%<\/td><td class=\"column-6\">-6.1%<\/td><td class=\"column-7\">33<\/td>\n<\/tr>\n<tr class=\"row-50\">\n\t<td class=\"column-1\">Washington, DC<\/td><td class=\"column-2\">$2,006,189<\/td><td class=\"column-3\">6.8%<\/td><td class=\"column-4\">2.8%<\/td><td class=\"column-5\">1.6%<\/td><td class=\"column-6\">11.0%<\/td><td class=\"column-7\">57<\/td>\n<\/tr>\n<tr class=\"row-51\">\n\t<td class=\"column-1\">West Palm Beach, FL<\/td><td class=\"column-2\">$4,039,354<\/td><td class=\"column-3\">6.3%<\/td><td class=\"column-4\">-3.4%<\/td><td class=\"column-5\">17.1%<\/td><td class=\"column-6\">3.6%<\/td><td class=\"column-7\">120<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<!-- #tablepress-497 from cache -->\n","protected":false},"excerpt":{"rendered":"<p>Luxury home sale prices rose 5.5% year over year to a median $1,278,950, a record high for October. Non-luxury home prices grew 1.8% to a median $373,249. Luxury home sales increased 2.9% year over year, while non-luxury sales rose 0.7%; both remain near decade-low October levels. Luxury inventory climbed 6.4% year over year, compared with [&hellip;]<\/p>\n","protected":false},"author":13568,"featured_media":83031,"comment_status":"closed","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":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","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":[644,18,623],"dashboard":[],"coauthors":[682],"class_list":["post-83026","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-housing-market-news","category-luxury-market","tag-luxury","tag-luxury-report","tag-national"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.7 (Yoast SEO v27.6) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>U.S. Luxury Home Prices Jump 5.5% in October<\/title>\n<meta name=\"description\" content=\"Price growth at the high end outpaced the middle of the market again in October, a trend that has persisted for much of the past two years. The difference in price growth between luxury and non-luxury homes underscores how differently wealthy buyers are behaving compared with typical move-up or first-time buyers.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.redfin.com\/news\/luxury-homes-market-october-2025\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"U.S. Luxury Home Prices Jump 5.5% in October, Triple the Pace of Non-Luxury Homes\" \/>\n<meta property=\"og:description\" content=\"Price growth at the high end outpaced the middle of the market again in October, a trend that has persisted for much of the past two years. 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