{"id":2732,"date":"2026-07-27T10:46:41","date_gmt":"2026-07-27T10:46:41","guid":{"rendered":"https:\/\/lakeandhomes.com\/blog\/selling-a-luxury-house-heres-why-now-is-a-good-time\/"},"modified":"2026-07-27T10:46:41","modified_gmt":"2026-07-27T10:46:41","slug":"selling-a-luxury-house-heres-why-now-is-a-good-time","status":"publish","type":"post","link":"https:\/\/lakeandhomes.com\/blog\/selling-a-luxury-house-heres-why-now-is-a-good-time\/","title":{"rendered":"Selling a Luxury House? Here\u2019s Why Now Is a Good Time"},"content":{"rendered":"
\"Selling\n

If you own a luxury house, you\u2019re in a stronger spot than most sellers right now. While much of the market has cooled, the high-end tier hasn\u2019t. Sale prices and buyer demand are both up. So if you\u2019re considering selling, now could be a great time to make your move.<\/p>\n

Luxury Is Leading on Price<\/strong><\/h4>\n

Let\u2019s start with prices<\/a>. But before we get into it \u2013 what actually counts as a luxury home? Generally, these are homes in the top 5% price range for the area, so it varies depending on where you live.<\/p>\n

But what\u2019s interesting is that according to the latest data from Redfin,<\/em> <\/em>sale prices for luxury houses have risen about three times faster than for non-luxury.<\/strong><\/p>\n

Right now, the typical home\u2019s sale price is up about 1.5% year-over-year. But high-end homes? Their sale prices have gone up nearly 5% since last year (see graph below<\/em>):<\/p>\n

\"a<\/p>\n

That\u2019s a bigger deal than it sounds like.<\/p>\n

Despite all the talk about slowing price growth<\/a> lately, sale prices in this segment of the market may be rising faster than you\u2019d expect based on the headlines. That\u2019s going to be a good thing if you\u2019re thinking about selling. And rising sale prices are only half the story.<\/p>\n

Buyers Are Showing Up, Too<\/strong><\/h4>\n

While so many headlines are talking about how buyers are pulling back<\/a>, that\u2019s not necessarily true when it comes to luxury homes. In fact, right now, it looks like the higher the price point, the more active the buyers.<\/p>\n

Lawrence Yun, Chief Economist with the National Association of Realtors<\/em> (NAR), explains<\/a>:<\/p>\n

\n

\u201cThe luxury market has really performed better compared to the lower price point. . . . if we look at price points, any home priced under $250,000, virtually no change in unit sales from one year ago. Then you go into the upper price category, and home sales are up about 10% from one year ago. But the million dollar-plus homes, it is up by 18% from one year ago.<\/em>\u201c<\/p>\n<\/blockquote>\n

Basically, more homes are selling on the upper end of the market. A big reason is that high-end buyers tend to feel less of the affordability pressure weighing on many households today, so they keep buying even when the wider market slows.<\/p>\n

That demand also means that luxury houses don\u2019t stay on the market as long as they used to.<\/p>\n

Luxury Houses Are Selling Relatively Quickly<\/strong><\/h4>\n

According to the most recent data from Redfin<\/em>, for luxury homes the median number of days on market is under 50. That\u2019s much faster than pre-pandemic norms going even as far back as 2014 (see graph below<\/em>):<\/p>\n

\"a<\/p>\n

That means you probably won\u2019t spend a ton of time<\/a> sitting in limbo wondering when you\u2019ll get an offer.<\/p>\n

Bottom Line<\/h3>\n

Selling a high-end house is a big decision, and you deserve to feel confident going in. With sale prices climbing and buyers active at the top, this is a strong window to make your move.<\/p>\n

When you\u2019re ready to cash in, connect with a local real estate agent to talk strategy.<\/p>\n<\/div>\n

The post Selling a Luxury House? Here\u2019s Why Now Is a Good Time<\/a> first appeared on Sandpoint Realty<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

If you own a luxury house, you\u2019re in a stronger spot than most sellers right now. While much of the market has cooled, the high-end tier hasn\u2019t. Sale prices and buyer demand are both up. So if you\u2019re considering selling, now could be a great time to make your move. Luxury Is Leading on Price […]<\/p>\n","protected":false},"author":1,"featured_media":2733,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-2732","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sandpoint-real-estate"],"_links":{"self":[{"href":"https:\/\/lakeandhomes.com\/blog\/wp-json\/wp\/v2\/posts\/2732","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakeandhomes.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakeandhomes.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakeandhomes.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lakeandhomes.com\/blog\/wp-json\/wp\/v2\/comments?post=2732"}],"version-history":[{"count":0,"href":"https:\/\/lakeandhomes.com\/blog\/wp-json\/wp\/v2\/posts\/2732\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakeandhomes.com\/blog\/wp-json\/wp\/v2\/media\/2733"}],"wp:attachment":[{"href":"https:\/\/lakeandhomes.com\/blog\/wp-json\/wp\/v2\/media?parent=2732"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakeandhomes.com\/blog\/wp-json\/wp\/v2\/categories?post=2732"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakeandhomes.com\/blog\/wp-json\/wp\/v2\/tags?post=2732"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}