Luxury Home Prices Fall in 8 of the 10 Most Expensive US Markets, Report Finds

While America’s overall luxury housing market softened in November, home prices in high-demand regions continue to rise, while prices in other areas experienced a decline.In its Dec. 22 Luxury Housing Report, Realtor.com said the 90th percentile threshold for luxury housing—the price that marks the top 10 percent of the market—fell to $1.20 million, a 2.3 percent decline from November 2024. The high-end luxury housing threshold declined by 2.7 percent from last year to $1.93 million, while ultra-luxury pricing dipped 2.4 percent from November 2024 to $5.49 million.