In July 2024, the average sales price of luxury real estate in North America was slightly below the listing price. Attached homes sold for 98.89 percent of the listing price, while for single-family homes this percentage was slightly lower at 98.78 percent. Just a year ago, luxury housing sold for almost 100 percent of the listing price, meaning that the expectations of buyers and sellers 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 July 2023 and July 2024
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Institute for Luxury Home Marketing. (August 13, 2024). Sales price to list price ratio of luxury single family and attached homes in North America in July 2023 and July 2024 [Graph]. In Statista. Retrieved December 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 July 2023 and July 2024." Chart. August 13, 2024. Statista. Accessed December 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. (2024). Sales price to list price ratio of luxury single family and attached homes in North America in July 2023 and July 2024. Statista. Statista Inc.. Accessed: December 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 July 2023 and July 2024." Statista, Statista Inc., 13 Aug 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 July 2023 and July 2024 Statista, https://www.statista.com/statistics/1234995/sales-to-list-price-ratio-luxury-homes-north-america-by-property-type/ (last visited December 22, 2024)
Sales price to list price ratio of luxury single family and attached homes in North America in July 2023 and July 2024 [Graph], Institute for Luxury Home Marketing, August 13, 2024. [Online]. Available: https://www.statista.com/statistics/1234995/sales-to-list-price-ratio-luxury-homes-north-america-by-property-type/
