In November 2022, the average sales price of luxury real estate in North America was slightly below the listing price. Attached homes sold for 98.33 percent of the listing price, while for single-family homes this percentage was slightly lower at 97.95 percent. Just a year ago, luxury housing sold for 100 percent of the listing price, meaning that the byers' and sellers' expectations were aligned. A sales to list price ratio below 100 percent indicates that the market has cooled off and buyers are willing to spend less.
Sales price to list price ratio of luxury single family and attached homes in North America in November 2021 and November 2022
Characteristic
Single family homes
Attached homes
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Institute for Luxury Home Marketing. (December 14, 2022). Sales price to list price ratio of luxury single family and attached homes in North America in November 2021 and November 2022 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1234995/sales-to-list-price-ratio-luxury-homes-north-america-by-property-type/
Institute for Luxury Home Marketing. "Sales price to list price ratio of luxury single family and attached homes in North America in November 2021 and November 2022." Chart. December 14, 2022. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1234995/sales-to-list-price-ratio-luxury-homes-north-america-by-property-type/
Institute for Luxury Home Marketing. (2022). Sales price to list price ratio of luxury single family and attached homes in North America in November 2021 and November 2022. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1234995/sales-to-list-price-ratio-luxury-homes-north-america-by-property-type/
Institute for Luxury Home Marketing. "Sales Price to List Price Ratio of Luxury Single Family and Attached Homes in North America in November 2021 and November 2022." Statista, Statista Inc., 14 Dec 2022, https://www.statista.com/statistics/1234995/sales-to-list-price-ratio-luxury-homes-north-america-by-property-type/
Institute for Luxury Home Marketing, Sales price to list price ratio of luxury single family and attached homes in North America in November 2021 and November 2022 Statista, https://www.statista.com/statistics/1234995/sales-to-list-price-ratio-luxury-homes-north-america-by-property-type/ (last visited July 22, 2024)
Sales price to list price ratio of luxury single family and attached homes in North America in November 2021 and November 2022 [Graph], Institute for Luxury Home Marketing, December 14, 2022. [Online]. Available: https://www.statista.com/statistics/1234995/sales-to-list-price-ratio-luxury-homes-north-america-by-property-type/