Overview
- The national entry point for luxury slipped to $1.24 million in September, down 0.5% from August and 2.4% year over year.
- The 95th percentile threshold eased to about $1.95 million and the 99th percentile to $5.41 million, with the ultra‑luxury tier down 5.7% from a year ago.
- Luxury homes at the 90th percentile spent a median 79 days on market in September, high‑end listings averaged 88 days, and ultra‑luxury reached 103 days.
- Million‑dollar listings held at 13% of inventory, a steady share that signals normalization rather than a retreat.
- Value diverges sharply by metro: roughly 4,000+ square feet for $1–$2 million in Atlanta, Denver and Dallas versus about 1,650–1,700 square feet in Honolulu and San Jose, with Santa Barbara leading luxury thresholds at $8.95 million and Heber, Utah at $6.5 million.