Luxury Real Estate Market Update: September 2025
Despite the typical August slowdown, the North American luxury real estate market is holding steady. Here are a few key takeaways from this month's report:
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Single-Family Homes: Sales saw a 6.7% increase year-over-year, even as new listings and inventory growth remained low. Sellers are playing a waiting game, but falling mortgage rates could quickly shift the balance.
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Condos & Townhomes: After a period of decline, this segment is showing signs of stabilization. With inventory on the rise and a potential boost from renewed buyer demand, this market is one to watch.
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Buyer & Seller Trends: Buyers are prioritizing lifestyle over size and price, seeking turnkey homes that deliver immediate satisfaction. On the other side, sellers are exercising patience, holding back listings to align with market value rather than making a quick sale.
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Looking Ahead: The market's future hinges on a key question: will lower mortgage rates bring new supply to the market or reinforce seller restraint?
In this refined market, having an expert REALTOR® is more critical than ever. We're here to help you leverage these trends to achieve your goals, ensuring you have the knowledge and strategy to succeed whether you're buying or selling.
See the complete Luxury Market Report here.
