Annual change in luxury home prices in selected markets in the U.S. 2024

Published by Statista Research Department, Aug 1, 2024

Luxury home prices grew by more than 10 percent year-on-year in 10 of the 50 most populous metros in the United States in the first quarter of 2024. The average sales price of luxury homes in Providence, RI increased by over 16 percent in that period, making it the metro with the fastest growing luxury home prices. The luxury market is defined by the source as the most expensive five percent of the market.

Annual change in luxury home prices in selected markets in the United States between November 2020 and November 2021

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Release date

April 2024

Region

United States

Survey time period

Q1 2024

Special properties

50 most populous metro areas.

Supplementary notes

The source defines luxury properties as the top five percent of the market by market price.

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