Despite the coronavirus (COVID-19) crisis, the demand for luxury housing in North America remained strong. The average square footage price of luxury homes increased between November 2021 and November 2022, reaching a square meter price of 519 U.S. dollars for single-family homes and 415 U.S.
Average square footage price of luxury single family and attached homes in North America from March 2020 to November 2022
(in U.S. dollars per square foot)
Characteristic
Single family homes
Attached homes
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The source adds the following information: "All data is based off median values. Median prices represent properties priced above respective city benchmark prices."
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Institute for Luxury Home Marketing. (December 14, 2022). Average square footage price of luxury single family and attached homes in North America from March 2020 to November 2022 (in U.S. dollars per square foot) [Graph]. In Statista. Retrieved July 03, 2024, from https://www.statista.com/statistics/1234964/sales-price-per-square-foot-luxury-homes-north-america-by-property-type/
Institute for Luxury Home Marketing. "Average square footage price of luxury single family and attached homes in North America from March 2020 to November 2022 (in U.S. dollars per square foot)." Chart. December 14, 2022. Statista. Accessed July 03, 2024. https://www.statista.com/statistics/1234964/sales-price-per-square-foot-luxury-homes-north-america-by-property-type/
Institute for Luxury Home Marketing. (2022). Average square footage price of luxury single family and attached homes in North America from March 2020 to November 2022 (in U.S. dollars per square foot). Statista. Statista Inc.. Accessed: July 03, 2024. https://www.statista.com/statistics/1234964/sales-price-per-square-foot-luxury-homes-north-america-by-property-type/
Institute for Luxury Home Marketing. "Average Square Footage Price of Luxury Single Family and Attached Homes in North America from March 2020 to November 2022 (in U.S. Dollars per Square Foot)." Statista, Statista Inc., 14 Dec 2022, https://www.statista.com/statistics/1234964/sales-price-per-square-foot-luxury-homes-north-america-by-property-type/
Institute for Luxury Home Marketing, Average square footage price of luxury single family and attached homes in North America from March 2020 to November 2022 (in U.S. dollars per square foot) Statista, https://www.statista.com/statistics/1234964/sales-price-per-square-foot-luxury-homes-north-america-by-property-type/ (last visited July 03, 2024)
Average square footage price of luxury single family and attached homes in North America from March 2020 to November 2022 (in U.S. dollars per square foot) [Graph], Institute for Luxury Home Marketing, December 14, 2022. [Online]. Available: https://www.statista.com/statistics/1234964/sales-price-per-square-foot-luxury-homes-north-america-by-property-type/