Luxury sales are back! Do you have what buyers want?

Realtor.com® Survey: 13% of Consumers Ready to Buy a Luxury Home

Sellers: Get your chef’s kitchens and outdoor fire pits ready –– they’re the kinds of amenities that buyers seek when shopping for a luxury home. 101788601

In a new survey, realtor.com® uncovered the priorities, buying motivations and expectations of transaction-ready luxury homebuyers. According to the survey, 13% of respondents said they’re ready to buy a luxury home and another 26% are considering a high-end home purchase.  

Percentages of surveyed consumers currently considering a luxury home purchase:

  • 13% of respondents stated that they are looking to purchase a high-end luxury home;
  • 26% said they might be considering a high-end luxury home;
  • 61% revealed they are not looking for a high-end luxury home.

Most popular price points at which surveyed consumers stated that luxury housing begins, by U.S. region:

  • Northeast (ME, VT, NH, NY, NJ, MA, CT, RI, MD, DE, PA)                           $1 million +
  • Pacific (CA, OR, WA, AK, HI)                                                                        $1 million +
  • Mountain (MT, ID, WY, CO, UT, NV, AZ, NM)                                               $1 million +
  • South Central (AL, MS, TN, AR, LA, TX, OK)                                               $500,000 +
  • North Central (KY, OH, IN, IL, MI, WI, MN, IA, NE, KS, ND, SD)                  $500,000 +
  • South Atlantic (VA, WV, NC, SC, GA, FL)                                                     $500,000 +

Read more…

Author: kimhuntkw

We specialize in Real Estate in the Pleasanton, Dublin and Livermore areas of the East Bay in California

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