Luxury Home Prices Are Climbing Three Times Faster Than the Rest of the Market This Year, With Tampa and Miami’s Priciest Listings Jumping More Than Fourteen Percent in a Single Year
The median U.S. luxury home sold for $1,374,470 in the three months ending in May, a 4.7% jump from a year earlier, while the rest of the housing market managed just a 1.5% gain over the same stretch, according to Redfin’s May 2026 luxury market report. That’s roughly three times the growth rate, and nowhere … Read more